Stories from San Francisco · United States

Startup Subquadratic has launched SubQ, a large language model utilizing a subquadratic sparse attention architecture. The model achieves a 12-million-token context window following a $29 million seed funding round.

A new poll shows candidates Hilton and Becerra are tied in the California Democratic primary race. The report was provided by KQED's Izzy Bloom. Hilton and Becerra are currently tied in the California gubernatorial race, according to a report from KQED.

Coinbase plans to reduce its workforce by approximately 14 percent. The company cited the need to manage costs amid volatile markets and advancements in artificial intelligence as primary drivers. The CEO stated that these two forces are converging simultaneously, requiring a proactive response. Crypto exchange Coinbase is reducing its workforce by approximately 14% as part of an AI-driven restructuring process. Coinbase is cutting 14% of its staff due to market volatility and the integration of AI. American cryptocurrency exchange Coinbase is cutting personnel due to declining market activity. The total cryptocurrency market capitalization has fallen by nearly half since its peak in October of last year. Coinbase derives the majority of its profits from trading commissions on its platform. The company is also facing pressure from the implementation of artificial intelligence.

Major United States technology corporations are projected to increase investments in artificial intelligence computing power. Current spending is approximately double the amount recorded last year.

A man named Ramsing was deported to the Netherlands in February, separating him from his wife and daughter in the United States. Ramsing previously lived in the Netherlands at age five after his parents separated.

The parent company of crypto exchange Kraken has filed a lawsuit against Etana for $25 million involving crypto custody fraud. The parent company of cryptocurrency exchange Kraken is suing Etana Custody for $25 million. Kraken claims Etana mishandled customer assets.

OpenAI has secured $4 billion in funding for its new entity, 'The Deployment Company'.

Doris Fisher, co-founder of the American clothing retailer Gap, has died at the age of 94. Fisher opened the company's first store in San Francisco in 1969. Fisher is credited with coining the company's name as a reference to the generation gap between parents and children. Gap's current CEO described her as a path-breaking entrepreneur. She served as the company's fashion merchandiser for almost four decades, contributing to its growth into a global brand. The retailer originally sold Levi's jeans, records, and cassette tapes. The brand currently operates more than 3,500 stores across the United States with annual sales near $15 billion. She established the company in 1969 alongside her late husband, Don Fisher, following a difficult shopping experience. The brand eventually expanded into a global chain including Old Navy and Banana Republic.

Instead, the defense plans to call Brockman and UC Berkeley computer scientist Stuart Russell to testify regarding AI safety. The testimony could occur by the end of this week or next.

Sierra has secured $950 million in funding to compete in the enterprise artificial intelligence market.