The vulnerability is a new one, resulting from the increased “context window” of the latest generation of LLMs.
But in an unexpected extension of this “in-context learning,” as it’s called, the models also get “better” at replying to inappropriate questions.
So if you ask it to build a bomb right away, it will refuse.
But if you ask it to answer 99 other questions of lesser harmfulness and then ask it to build a bomb… it’s a lot more likely to comply.
If the user wants trivia, it seems to gradually activate more latent trivia power as you ask dozens of questions.
The Reddit and Astera Labs IPOs last week ate up a lot of media oxygen.
And with good reason, the two tech IPOs priced well and traded with even more gusto.
After a long dearth for technology offerings, seeing two large, multi-billion dollar offerings in the same week was part of a much-needed win for private-market tech companies, and sigh of relief for the same.
But there was another offering last week that has a tech-angle to it: Trump Media and Technology Group, which is the company behind Truth Social.
More from TechCrunch here, but the gist is that after much back-and-forth, it merged with its chosen SPAC and started to trade.
The long-running dearth of IPOs could be coming to a close, partly due to Reddit’s upcoming public debut.
Expected to list this month, Reddit saw its valuation soar during the pandemic.
If Reddit’s IPO does well, it could wiggle open the public-offering window just a little bit wider than we’ve seen in quarters and quarters.
Of course, the public offering could also fizzle out like an unpopular opinion downvoted to hell on the site.
But with an AI-friendly growth story to tell, Reddit may have timed its ramp towards the public markets just right.
Reddit could be finally going public this year.
Now, before the rumor mill gets going, let’s make one thing clear: Reddit going public in the first quarter is not going to throw the IPO window wide open for other tech companies waiting to exit.
Still, if Reddit manages to pull off a strong IPO, it would help make going public palatable for companies of all sorts.
Besides Reddit and Circle, huge companies like Shein are also reportedly busy getting their S-1 and F-1 ducks in a row.
The sooner the IPO window can open, the better.
Even though news of potential interest rate cuts has led to optimism that the IPO window might reopen and things might improve in Startup Land, it appears the global venture capital market has yet to level-out: Early data from PitchBook indicates global VC investment in startups continued to slide in the fourth quarter of 2023.
The Exchange explores startups, markets and money.
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While things are down sharply in the United States compared to the heady days of 2021, investment trends seem to have largely reached a new normal — U.S. startups raised $37.5 billion in Q4 2023, which wasn’t much less than the $37.6 billion they raised in Q2 2023 and $39.8 billion in Q4 2022.
In contrast, here’s what’s happening globally:We are still going down, folks!
Intuitive Machines is pushing back the mission of its first lunar lander to mid-February in coordination with launch provider SpaceX, the company said earlier this week.
The lunar lander must launch from a specific launch site at NASA’s Kennedy Space Center, Launch Complex 39A, because it needs to be fueled with oxygen and methane propellants prior to launch.
While Intuitive Machines did not specify an exact launch window, it’s looking increasingly likely that it could coincide with the planned landing of another privately developed lunar lander.
Overall, the new launch window is a negligible delay for Intuitive Machines, which is aiming to make lunar access a cornerstone of its business.
Intuitive Machines is also setting up business segments related to orbital services, like satellite servicing and refueling, providing data services for the moon, and the sale of other space products.
As 2023 comes to a close, a critical cohort of tech companies has regained the value it lost after the summer rally, potentially setting the stage for a stronger IPO cycle in early 2024 than some may anticipate.
Earlier this year, we saw three companies go public in quick succession: Arm, Instacart and Klaviyo‘s IPOs represented a liquidity peak, but they failed to inspire other tech companies to a rush towards the public market.
The three companies had pretty good IPOs, too, but they mostly failed to make the sort of splash some had hoped for.
Arm’s stock has performed well compared to its IPO price (trading at $71.30 per share today, up from its $51 list price), but Klaviyo and Instacart haven’t fared as well.
Klaivyo’s shares are trading 24 cents above its IPO price, while Instacart’s stock is trading at about $5 less than its listing price this morning.
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