[AI]■ STORY TIMELINE

BYTEDANCE SKIPS AI SHORTCUT FOR 10T-PARAM MODEL

ByteDance founder Zhang Yiming told employees the company will not use model distillation to accelerate AI capabilities, even as it trains a 10-trillion-parameter model—roughly three times larger than competitors' offerings.

5 SOURCESFIRST SEEN AUG 5, 01:40 PM► READ THE ARTICLE

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Sources: ByteDance founder Zhang Yiming told employees at an all-hands last month that the company will not use model distillation to accelerate capabilities (The Information)

The Information: Sources: ByteDance founder Zhang Yiming told employees at an all-hands last month that the company will…

Techmeme+1d 8h

Sources: Canva slashed revenue growth forecast as heavy use of new AI features drove up costs and slowed their rollout, while more Canva users turned to ChatGPT (The Information)

The Information: Sources: Canva slashed revenue growth forecast as heavy use of new AI features drove up costs and slowe…

Techmeme+1d 15h

Sources: ByteDance is pretraining an AI model with up to 10T parameters, roughly 3x larger than Kimi K3 and larger than the 8T estimate for Anthropic's Mythos 5 (Financial Times)

Financial Times: Sources: ByteDance is pretraining an AI model with up to 10T parameters, roughly 3x larger than Kimi K3…

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Sources: legal AI startup Harvey is in talks to raise $500M+ at a $15.5B valuation, up from $11B in March, and is generating $350M+ in annualized revenue (The Information)

The Information: Sources: legal AI startup Harvey is in talks to raise $500M+ at a $15.5B valuation, up from $11B in Mar…

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Sources: Cursor told staff on Thursday that SpaceX could complete its $60B acquisition as soon as next week and the Cursor brand name will likely be phased out (Grace Kay/The Information)

Grace Kay / The Information: Sources: Cursor told staff on Thursday that SpaceX could complete its $60B acquisition as s…

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