FLUX1.1 [pro] has been released. It offers six times faster generation than its predecessor with improved image quality and performance. The new beta BFL API, which features advanced customization and competitive pricing, allows developers to integrate FLUX's capabilities. FLUX1.1 [pro] will be available on several platforms, enhancing scalability and efficiency.
OpenAI has launched "canvas," a new ChatGPT interface for writing and coding projects in a separate workspace. This move aligns with industry trends towards editable workspaces, competing with Anthropic's Artifacts and Cursor. canvas is initially available only to select users.
A great introduction to the challenges and some of the algorithms behind distributed training of many modern deep learning models, this post discusses the challenges and bottlenecks of training models that are too large for a single GPU.
Instead of generating an image directly from a prompt, these authors generated a comfy UI node based workflow to generate an image. They found that this substantially improved the final output quality.
AI researcher Ross Wightman has released a set of models trained on Imagenet-1k that are extremely small (sub 1 million parameters) but still perform somewhat well and are easy to tune.
Recent departures of senior executives at OpenAI highlight ongoing internal conflicts between prioritizing product development and revenue versus research and safety. These issues stem from the company's foundational promise to develop AGI for the benefit of all humanity, which has proven challenging amidst financial and strategic pressures. OpenAI is negotiating a $6.5 billion funding round with conditions that could transform it into a for-profit entity.
OpenAI's revenue surged to $300M in August. The company is projecting $3.7B in annual sales for this year and $11.6B for next year, but it faces a $5B annual loss. Its rapid growth was fueled by the popularity of ChatGPT, which accounts for most of its revenue. Despite the growth, OpenAI is seeking more investors due to high operational costs and to evolve into a profitable entity.
Californian Governor Gavin Newsom has vetoed the state's SB 1047 bill, which aimed to regulate large AI models. He emphasized the need for evidence-based regulations and warned against overly stringent rules that could stifle innovation. Newsom plans to develop empirical, science-based guidelines with experts like Dr. Fei-Fei Li.
The ninth-generation NVIDIA H100 Cloud GPUs deliver an order-of-magnitude performance leap for GenAI and HPC workloads. Now available in Europe via Taiga Cloud. NVIDIA H200 GPUs also available
OpenAI announced major API updates at DevDay, including the Realtime API for speech-to-speech conversations and improvements to the Chat Completions API.
Swift is launching live digital asset and currency transaction trials on its network in 2025. The trials aim to demonstrate how financial institutions can make transactions across different asset types using their existing Swift connections. With its global reach, Swift is uniquely positioned to interlink digital and traditional finance, potentially broadening crypto adoption.
Franklin Templeton has filed for a new ETF with the SEC that would offer exposure to both Bitcoin and Ethereum, allowing investors to track the performance of these top cryptocurrencies without directly owning them. If approved, the ETF will be traded on the CBOE, with Bank of New York Mellon managing cash and Coinbase handling the cryptocurrency custody.
More Fortune 500 companies are using Coinbase for B2B crypto payments, relying on the platform's long-standing expertise in crypto custody. Companies like PayPal, Google Cloud, and EY are executing and settling payments instantly using stablecoins, improving the efficiency of cross-border transactions and treasury management.
This new framework for assessing defensibility in crypto markets proposes evaluating based on the question: “If I fork this app, with $50M in token subsidies, can I steal and maintain market share?” Traditional moats like liquidity and TVL may be insufficient for long-term defensibility, as they can be subsidized by well-funded competitors. True defensibility may stem from intangibles like brand, superior UX, and a team's innovation ability. Value capture is moving towards front-ends and their wallets, given their proximity to end users and access to order flow.
Though total value secured is typically used as an oracle metric, each DeFi sector has varied price demand requiring more or less updates. Two protocols with identical TVS can have different pricing needs. With Chainlink, for example, Synthetix is a larger contributor to TVS, but dYdX does over 4x more trading volume. Total Transaction Value, calculating but summing the volume of derivative DEXs using an oracle, is a better metric. This metric shows that market leaders are losing.
Celestia and EigenDA offer distinct approaches to blockchain data availability: Celestia focuses on data availability and consensus for developers to build independent rollups, while EigenDA uses a minimalist, scalable architecture that forgoes traditional blockchain elements like consensus and P2P networking, catering to systems requiring high throughput and low latency.
DeFi pioneer Andre Cronje accused Base DEX Aerodrome of taking his open-source code base, removing his credit, and placing a business license on it. If true, this could be both an ethical and legal issue. The truth of the claims is pending. The founder of Aerodrome mentioned that he and Cronje discussed the matter privately, and “all is good.”
The top 5 L2 chains, post-Dencun, have a 95% collective profit margin, showing that only $0.05 of every $1 earned returns to Ethereum as transaction posting costs.
Over 75% of cbETH's circulating supply is unused, highlighting the importance of monitoring the underlying staked ETH instead of just the liquid staking token supply.
OpenAI has introduced "canvas," a new interface for ChatGPT that provides a separate workspace for writing and coding projects. This editable workspace allows users to generate content directly, modify specific sections, and improve AI-generated outputs without redoing entire prompts. Rolling out first to ChatGPT Plus and Teams users, canvas is part of OpenAI's efforts to enhance competitive offerings against similar features from Anthropic's Artifacts and Cursor.
Apple is developing an all-glass MacBook with a virtual keyboard and trackpad that will use haptic feedback and electrostatic charges to simulate physical keys. A continuation patent published in 2024 confirms the project is still active, though it's uncertain if the virtual keyboard will fully replicate the feel of real typing.
The redesigned TechCrunch site features improved navigation, a modern aesthetic, and real-time updates on breaking stories. The new interface enhances user experience while retaining top-tier reporting and analysis. A dedicated team led the effort, with support from Yahoo, TechCrunch's parent company.
Microsoft Paint's latest update includes AI tools like Generative Fill and Erase, allowing free, easy image modifications on Windows 11. With features such as an 8x resolution upscaler, Paint could challenge Adobe Photoshop. Other tech companies like Meta and Google are also expanding their AI-powered image editing options.
Oklab is a perceptual color space designed to better align with human color perception. This interview with Björn Ottosson, the Swedish engineer who created Oklab, explores how it addresses limitations in traditional color spaces like sRGB and Lab and how it gained widespread adoption in browsers and tools such as Photoshop and CSS.
New technology companies often aim to be platforms for broad areas like AI or the Internet of Things. However, a broad vision without a clear strategy can hinder decision-making. Success comes from addressing specific use cases first, for example, Yelp focused on restaurant reviews before scaling to other services.
This tool lets you intuitively generate spring animations for CSS linear(). It includes presets and customizable inputs for perceptual duration and bounce.
GT Pantheon, a new typeface from Grilli Type designed by Noël Leu, Tobias Rechsteiner, and Antonio D'Elisiis, features pointed serifs and sharp digital anatomy. It is available in 30 styles across five weights and italics. With optically adjusted faces for micro, text, and display use, it offers a contemporary calligraphic design inspired by Rome's Pantheon, supporting legibility at any size. A free trial version is available.
Pentagram has designed a new visual identity for Sister, an innovation district in Manchester, inspired by the city's history in computer science and Alan Turing's legacy. The brand features Sister Mono, a custom typeface based on early code-breaking machines, and a logotype inspired by The Manchester Code to symbolize connectivity and movement.
A design system standardizes tools and resources, creating consistent and efficient UI and UX. It helps teams develop a shared language, optimize resources, and proactively address UI challenges. Design systems streamline testing and ensure long-term consistency, allowing companies to create user-friendly, innovative digital experiences across all products.
Cognitive walkthroughs help evaluate website usability by simulating a new user's experience and highlighting issues that hinder navigation and understanding, guiding design improvements.
is open to any company working on a promising breakthrough technology in any aspect of family wellness, from healthcare decisions to stress management to increased quality time.
Guillaume Moubeche founded lemlist in 2018 to improve cold outreach by offering personalized emails at scale, which helped the company stand out in a crowded market. Through strategic community engagement and innovative product features, lemlist rapidly grew, reaching a $150M valuation in just 3.5 years. The company recently adopted a reverse trial model to enhance conversion rates and expand its market presence, leveraging a freemium approach to enter the data provisioning category and build long-term user relationships.
Cuby is tackling the housing shortage by creating Mobile Micro-Factories (MMFs) that produce home components near construction sites, significantly reducing the need for skilled labor. These MMFs, which are compact and can be set up in locations like mall parking lots, use lean manufacturing principles to deliver customizable homes quickly and affordably. By partnering with local developers through a Special Purpose Vehicle (SPV) model, Cuby aims to scale rapidly while maintaining cost efficiency and flexibility, addressing the bottleneck of skilled labor shortages in the construction industry.
OpenAI and Anthropic are both experiencing significant revenue growth, with OpenAI reaching an annualized run rate of about $5 billion driven largely by ChatGPT subscriptions, while Anthropic is expected to hit $1 billion primarily through its API partnerships. Despite OpenAI's larger scale, Anthropic is growing faster and benefits from strong distribution channels like its partnership with Amazon. Both companies face substantial capital requirements and are exploring strategies to improve profitability, such as reducing inference costs and potentially increasing subscription prices.