Authentic Brands Group, which owns the rights to Sports Illustrated, has selected the London-based Minute Media to continue publishing the storied magazine in print and digital editions in a deal that runs for 10 years, with an option to extend for up to 20 more years. The Minute partnership will “usher in the future of the SI brand,” announced Authentic, whose portfolio includes fashion and sports, as well as IP rights to celebrities like Marilyn Monroe, who it is leveraging into a chatbot. Minute owns sports and culture resources including athlete-driven The Players’ Tribune, the FanSided network of websites and newsletters, and sports highlights platform STN Video. Read more

Apple researchers have gone public with new multimodal methods for training large language models using both text and images. The results are said to enable AI systems that are more powerful and flexible, which could have significant ramifications for future Apple products. These new models, which Apple calls MM1, support up to 30 billion parameters. The researchers identify multimodal large language models (MLLMs) as “the next frontier in foundation models,” which exceed the performance of LLMs and “excel at tasks like image captioning, visual question answering and natural language inference.” Read more

Elon Musk’s xAI has released its Grok chatbot and open-sourced part of the underlying Grok-1 model architecture for any developer or entrepreneur to use for purposes including commercial applications. Musk unveiled Grok in November and announced that it would be publicly released this month. The chatbot itself is available to X social premium members, who can ask the cheeky AI questions and get answers with a snarky attitude inspired by “The Hitchhiker’s Guide to the Galaxy” sci-fi novel. The training for Grok’s foundation LLM is said to include X social posts. Read more

The Federal Communications Commission has updated its definition of what constitutes high-speed broadband, increasing it fourfold to download speeds of 100 megabits per second and upload speeds of 20 megabits per second from the 2015 benchmarks of 25/3 Mbps. The change is based on speeds available from Internet service providers, consumer usage patterns and federal and state programs, the FCC says. In a report assessing whether advanced telecommunications capability is being deployed “in a reasonable and timely fashion” across the U.S., the FCC concludes it is not, and that gaps in deployment are not closing rapidly enough. Read more

Ethereum, the second most popular cryptocurrency after Bitcoin, has completed a software upgrade that aims to make its network cheaper. Called Dencun, the update lowers the cost of so-called layer-2 networks — which include chains like Base, Polygon and Arbitrum — to about a cent for transactions that previously cost $1, while exchanges that used to cost a few cents are reduced to fractions of a cent. Accomplished through a new system of storing data, the upgrade is being welcomed as a harbinger of a development renaissance brimming with new applications and free services. Read more