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✂️ xAI lays off hundreds of data annotation team staffers
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- xAI has downsized its largest data annotation team by at least 500 general AI tutors, who were responsible for categorizing raw information used to train the company's Grok model.
- Instead, xAI posted a call on X for a "Specialist AI tutor" group, which it plans to surge by 10x for gathering high-quality inputs like audio recordings and video sessions.
- These layoffs occurred after several high-profile departures, including the chief financial officer, and just two months following the July launch of its newest Grok 4 AI model.
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🇺🇸 Tether launches new USAT stablecoin
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- Tether is launching a US-specific stablecoin called USAT, which is designed from top-to-bottom to comply with the new legal framework for stablecoins established by the GENIUS Act.
- The new token project will be led by CEO Bo Hines, a former White House digital assets official, and will be issued by Anchorage Digital with a launch expected by year's end.
- This move represents a major push into the United States for the company, which has previously avoided a US presence and will headquarter the USAT project in Charlotte, North Carolina.
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🤖 Cursor looks into selling your data for AI training
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- Anysphere is considering selling or licensing data on how engineers use its Cursor coding assistant to AI model makers, including potential competitors like OpenAI, xAI, and Anthropic for training.
- This potential data sale is being explored despite Cursor's privacy policy, which states the company will not train on user data without receiving explicit consent from its customers first.
- Such an arrangement could help Anysphere offset the cost of running AI models, a major financial concern for the company which currently has what are described as dismal unit economics.
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👋 Apple loses top AI manager Robby Walker
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- Robby Walker, the former senior director for the delayed Apple Intelligence-powered Siri, is leaving the company at the end of October after being moved to a new AI search team.
- Walker recently led an internal AI search initiative called Answers, which remains on track for a 2026 release even though his number of deputies was dramatically reduced after the move.
- His departure follows an infamous pep talk where he compared the unfinished Siri to a record-setting swim that failed to reach Hawaii before he was taken off that specific assignment.
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🌱 OpenAI offers mentorship to new tech founders
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- OpenAI introduced a new program called Grove for about 15 tech founders in the nascent phases of company development, from the pre-idea to pre-seed stage.
- For five weeks, participants receive mentoring from technical leaders, get early access to new tools and models, and can attend in-person workshops at the San Francisco headquarters.
- After the session concludes, members will be able to continue working internally with the ChatGPT maker, which provides an opportunity for a much longer-term relationship with the firm.
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