IBM Doubles Down on Open-Source AI with Granite 3.0 Models
IBM releases Granite AI 3.0 models under Apache 2.0 license, making them freely available for research and commercial use, marking a departure from other major AI companies.
Riley King
The fediverse creator payment platform sub.club, which launched in late August, is shutting down due to a lack of funding. The team behind the platform announced that they will be winding down the project over the next few weeks, with sub.club feeds stopping by the end of January. Despite its promising start, the platform failed to achieve sufficient traction and attract investors, leading to its untimely demise.
Sub.club was designed to enable creators on the fediverse to offer paid subscriptions and premium content, providing an alternative to platforms like Patreon. The service had garnered interest from over 150 creators, but unfortunately, it was not enough to sustain the platform. Bart Decrem, founder of The BLVD, the group behind sub.club, attributed the shutdown to the platform's inability to quickly achieve product-market fit and attract investors.
The shutdown of sub.club also means the end of two other projects: Mammoth, an open-source iOS app for Mastodon, and moth.social, a Mastodon instance that served as the companion server to Mammoth. The Mammoth Mastodon account had announced in November that the project was operating without funding or a paid team, foreshadowing the eventual shutdown.
Despite the setback, sub.club adviser Anuj Ahooja remains bullish on the fediverse, citing the success of Bluesky as a positive development. Ahooja believes that as more users join platforms like Mastodon, Bluesky, and Threads, the need for a subscription service that is protocol-based and allows for user portability will eventually arise. He hopes that sub.club or a similar service can fill this gap in the future.
The shutdown of sub.club serves as a reminder of the challenges faced by startups and entrepreneurs in the tech industry. Despite its innovative approach to monetizing content on the fediverse, the platform was unable to overcome the hurdles of funding and adoption. As the fediverse continues to evolve, it remains to be seen whether another service will emerge to fill the void left by sub.club.
In the meantime, creators who were using sub.club will be fully paid, and the platform's shutdown will not disrupt their operations. However, the shutdown of sub.club, Mammoth, and moth.social serves as a setback for the fediverse ecosystem, which had been gaining momentum in recent months.
As the tech industry continues to grapple with the challenges of monetizing content and supporting creators, the story of sub.club serves as a cautionary tale. Despite its promising start, the platform was ultimately unable to overcome the hurdles of funding and adoption, highlighting the need for sustainable business models and robust funding strategies in the tech industry.
IBM releases Granite AI 3.0 models under Apache 2.0 license, making them freely available for research and commercial use, marking a departure from other major AI companies.
Walmart recalls nearly 18,000 Swagtron electric scooters due to fire and safety concerns, while the manufacturer remains silent despite CPSC warnings.
TikTok CEO Shou Zi Chew meets with President-Elect Donald Trump as the platform faces a ban in the US, scheduled to take effect on January 19th, while seeking Supreme Court intervention.
Copyright © 2024 Starfolk. All rights reserved.