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Coinbase CEO Explains Why He Fired Engineers Who Didn’t Try AI Immediately

These days, it is difficult to find a programmer who does not use AI coding helpers in some way, particularly for writing the repetitive, routine parts. However, CEO Brian Armstrong stated last week on John Collison’s podcast “Cheeky Pint” that Coinbase dismissed workers who refused to test the tools after purchasing corporate licenses for GitHub Copilot and Cursor. (Collison is the president and co-founder of Stripe, a payment company.) Armstrong was cautioned by some at the Bitcoin exchange that adoption would be difficult after obtaining licenses to cover every engineer. They predicted that it would take months to get even half of the engineers to use AI. The concept startled Armstrong. He issued a directive on the company’s primary engineering Slack channel and

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Meta Partners With Midjourney On AI Image And Video Models

In a post on Threads on Friday, Meta Chief AI Officer Alexandr Wang said that the company is collaborating with Midjourney to license the startup’s AI image and video production technology.Wang notes that in order to incorporate its technology into upcoming AI models and products, Meta’s research teams will work with Midjourney. “An all-of-the-above approach will be necessary to ensure Meta is able to produce the finest products for people,” Wang

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