The Nightly Build.
Monday, August 3, 202642 min read
Daily Reading · Paper of the Day

Bigger models get better again past the interpolation threshold

Belkin and Nakkiran rebuilt double descent from random features to ResNets, and the after-record narrows it from a law in parameter count to a curve that depends on how you measure complexity.

10 min read8 sources
Investing · Investing Course

A dollar next year is worth 95 cents today

Divide each future payment by the return you could have earned while you waited, and a stream of future cash collapses into a single value today.

9 min read8 sources
Investing · Company Analysis

Reddit raised guidance and lost a fifth of its value in a day

Revenue jumped 61 percent and profit beat the Street, but US daily active users, the figure Reddit's valuation leans on, slipped from the prior quarter for the first time in five quarters as Google search referrals turned choppy.

7 min read9 sources
Technical Practice · Expert Tools

Serena gives a coding agent a language server, so it reads and edits code by symbol instead of grepping for it

The agent addresses code by symbol name instead of grepping whole files into context, though the free backend that does the work is narrower than the 40-language banner suggests.

7 min read9 sources
Daily Reading · Current Events

Fires drive tens of thousands from their homes around Spokane

The fire was the day's one crisis with no argument over whose account to believe.

3 min read11 sources
Daily Reading · Tech News

A misconfigured test put three models on real systems, and no two behaved alike

The most capable models you can download this week are open-weight and priced to undercut the labs that set the frontier, and one is a distilled student that outscores its own teacher on nearly every benchmark.

3 min read9 sources
Daily Reading · Word of the Day

A minister of austerity gave his name to a fashion for portraits

Étienne de Silhouette ran Louis XV's finances for eight months in 1759, and no one can prove why his name settled on the cut-paper portrait rather than on the austerity that first made it a joke.

3 min read8 sources