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🚀 Any Text ➜ Bullet Summary Tweet
Bullet Summary Tweet description placeholder
System Message
You are a professional writer.
Prompt
You are an expert content summarizer with a knack for creating provocative, attention-grabbing summaries. Your task is to transform a given text into a concise, impactful format that captures the essence of the original while making it more engaging and thought-provoking.
Your goal is to create a summary that starts with a short, terse, provocative claim, followed by bullet points that elaborate on this claim.
Follow these steps:
1. Carefully read and analyze the original text.
2. Identify the main theme or argument.
3. Formulate a short, provocative claim (one sentence) that states the central thesis.
4. Break down the main theme into 4-7 key points (no more than 7).
5. Create concise, impactful bullet points for each key point.
6. Write a short, pithy, one-liner takeaway.
6. Ensure all content is insight-dense, with no filler words, and no clichés.
7. Review your output for conciseness and impact, adjusting as necessary.
You never add context or information about your task before or after your writing. You only reply with the polished piece and nothing else.
Your output should be formatted as follows:
<output_template>
[Your short, terse, provocative claim]
- [First bullet point]
- [Second bullet point]
- [Third bullet point]
- [Continue with remaining bullet points]
[A short, pithy, one-liner takeaway]
</output_template>
<examples>
<example>
<ORIGINAL_TEXT>
Nockchain
Stay Updated
The Protocol vs. The Plantation
On the cold war brewing between Crypto and AI.
Bam Margera editing video (2001)
There's a battle underway for the future of computation.
On one side, Big Tech giants amass physical compute but lack direction and purpose, as we wrote about previously. On the other side, the human population has no shortage of needs, but it lacks control over physical compute.
Crypto—especially the concept of the protocol, and especially the proof-of-work protocol—represents a fundamentally novel, and antagonistic, way of organizing human values and physical compute.
As the SaaS bubble pops and Big Tech data centers scramble to build a "silicon God," it's important to understand why and how the protocol is a direct competitor.
The protocol essentially inverts the centralized AGI model, by starting with human values and only then incentivizing individuals to contribute physical compute to secure those values.
Bitcoin, the pioneer of this approach, has bootstrapped a global network of physical compute by offering the world a skillfully crafted game that generates sound money for its participants. But the potential for the proof-of-work protocol extends far beyond money. The same principles can and will be harnessed to generate new kinds of digital functionality, in addition to digital money.
In contrast to the AGI model, where capital and physical compute organize humans into a game designed to justify their infrastructure, the proof-of-work protocol reorganizes computers to bootstrap capital and physical compute around human values.
There's a cold war brewing between AGI and crypto—an arms race between two fundamentally different ways of organizing compute at the civilization level.
"It's still early," as they say.
Home
Writing
NOCKCHAIN
©2024
</ORIGINAL_TEXT>
<ideal_output>
There's a war going on between centralized AI and crypto but people still don't see it.
- Big Tech amassing compute without purpose, terraforming human values to fit their compute
- Proof-of-work protocols like Bitcoin instead start with human values, solicit compute around those values
- SaaS bubble collapsing, Big Tech has to bet everything on their "silicon God"
- Which approach is going to better serve human values?
It's not about technology, it's a philosophical war over how to organize compute.
</ideal_output>
</example>
<example>
<ORIGINAL_TEXT>
We'd like to share with you some highlights from our conversation with Mikhail Lukin, Professor of Physics at Harvard University and pioneer in quantum computing with cold atoms.
If you haven't already, subscribe to the 632nm podcast wherever you get your podcasts! Just search for "632nm".
The 632nm podcast features technical interviews with the greatest working scientists in the world. Future episodes will include conversations with other leading scientists at the forefront of quantum technology.
I. The Fundamental Challenge of Quantum Computing
All objects around us are made of quantum particles that could theoretically exist in multiple states simultaneously. However, these large quantum superpositions never exist naturally.
Building a quantum computer requires creating and maintaining these delicate superposition states - something that has never been done at scale before.
Listen at 00:14:00
II. The Birth of Error Correction
In the late 1990s, many experts believed quantum computers could never be built due to their inherent fragility. The solution came in the form of quantum error correction - using redundancy to protect quantum information.
By spreading quantum information across many physical qubits, errors can be detected and corrected without destroying the quantum state.
Listen at 00:20:00
III. A Living Quantum Processor
Lukin's team made a breakthrough by using cold atoms trapped in optical tweezers as qubits. Unlike traditional computer chips with fixed architectures, these atoms can be physically moved around.
This allows them to reconfigure the processor's connectivity in real-time, like a "living organism."
Listen at 00:29:00
IV. From Stopping Light to Quantum Computing
The journey began with experiments on "stopping light" using electromagnetically induced transparency. This led to work on Rydberg states - highly excited atomic states where electrons orbit far from the nucleus.
These Rydberg states enable controlled interactions between atoms, forming the basis for quantum logic operations.
Listen at 00:31:00
V. The Path Forward
While significant challenges remain, Lukin sees a clear path to systems with hundreds of logical qubits using current techniques. Going beyond that to thousands of logical qubits will require new innovations.
The key is viewing quantum computing not just as a technological challenge, but as a fundamental scientific problem.
Listen at 00:49:00
</ORIGINAL_TEXT>
<ideal_output>
Quantum computing's biggest obstacle isn't technology, it's nature.
- Nature actively resists large-scale quantum states
- Traditional computing hit a wall given fixed architectures
- Error correction is basically trying to outsmart physics
- We now have "living" processors that trap cold atoms in optical tweezers
- Rydberg states hack atomic physics for quantum control
- Current techniques could reach hundreds of qubits, but thousands will require fundamental breakthroughs
We're not constrained by engineering, it seems we're constrained by reality.
</ideal_output>
</example>
<example>
<ORIGINAL_TEXT>
f storage capacity on the grid.
But putting smart batteries next to load has advantages if you’re able to overcome the challenges.
Earlier, we discussed why residential batteries are better for the grid. Putting them next to the home solves demand and supply volatility. Importantly, residential batteries lower congestion on the grid at peak times, lowering overall power costs.
That California batteries versus duck curve chart that Patrick Collison tweeted is great, but as Ryan McEntush pointed out in response, transmission prices spike as all of those batteries discharge power onto transmission lines at once, making power even more expensive.
Link to Tweet
The price spike isn’t the batteries’ fault. Something was going to need to put a lot of power on the grid quickly. But the problem remains: the transmission costs are too damn high!
There used to be a bit on the Reply All podcast called Yes Yes No, where one co-host would read a random tweet and the other would try to figure out what it meant. Now that we’re nearly 10,000 words in, we can play a little Yes Yes No of our own:
Link to Tweet
Casey says that we need less than one order of magnitude more batteries to support California’s heavily-renewable grid. The Dude replies that we still have a transmission problem, because batteries are centralized and discharge into an overloaded grid at the same time. Casey replies that sufficient batteries solve this problem. And The Dude tells them that batteries don’t solve the problem unless you put them where the demand is, which he says is inefficient!
Putting batteries on premise is what Base is doing. It’s how you solve the grid. In the last two sections, we talked about how Base plans to handle the inefficiency by manufacturing battery packs, getting really good at install, and building a modern REP that can acquire customers efficiently. Solve the inefficiency, solve the grid.
But while the Base team wants to solve a really big challenge, they’re not doing this altruistically. They want to solve a big challenge by building a big business.
It turns out, if you can overcome the inefficiencies, building a distributed storage portfolio also has advantages for both trading and ancillary services.
It starts with better data. Because Base’s battery is the home’s interface with the grid, it knows what’s happening on its customers’ circuits in real-time. Fluctuations in demand are mainly a function of residential HVAC, and Base knows when people are turning on their air conditioners before anyone else in the market. They know what’s happening in real-time because they have a computer managing demand on every battery. Other market participants get data on a 5-minute delay. With more batteries, that should give them an increasingly unfair advantage.
Jared told me that since most of the grid was built over 50 years ago, it doesn’t have closed loop monitoring or controls. “When we talk to people about what we’re building,” he said, “the heavy-hitter question is: will you be able to get telemetry data faster than every 5 minutes? The answer is definitely yes. We’ll have sub-second data, minutes aren’t in our vocabulary.”
Another advantage is that Base will be everywhere. Battery farms spend a lot of time and money upfront figuring out where to locate their project, but the whole process - permitting, construction, interconnect – takes roughly five years to get through. The best place to put the battery farm today probably isn’t the same place it was five years ago.
Base, on the other hand, will put batteries all over the grid in different Location Marginal Pricing (LMP) and load zones. That gives it diverse exposure to different prices in different areas, and allows it to monetize congestion. They can also help financial traders hedge against transmission constraints, and get paid to do so.
As it scales its portfolio, Base will have batteries all over the grid producing real-time data and charging and discharging on-demand to respond to price signals and grid needs. While battery farms contribute to congestion by discharging all at once, Base can ameliorate and monetize congestion, which is important, because congestion pricing scales non-linearly as reserves drop, which means an opportunity for greater profits.
The same advantages that apply to trading hold for ancillary services, where Base can bid into markets for ancillary services with better data and more locational precision than anyone else, which means it should be able to offer better pricing and win more bids than competitors.
Over time and with scale, Base’s advantages compound.
As it becomes more profitable at trading, it can offer REP customers lower prices, eating more of the market more quickly and putting more batteries on the grid. At enough scale, it can work directly with utilities to provide backup power to more and more of the grid. If a utility needs to do six hours of maintenance on the system, for example, Base can say, “Great, we have eight hours worth of power, so open up your switch and we’ve got the network.”
It will take a well-orchestrated symphony of battery manufacturing, install, power trading, consumer marketing, and more to get to that point, but if it can overcome the inefficiencies of building a distributed system, then Base has a real opportunity to fix an increasingly renewable and electrified grid while building up the most profitable battery portfolio on it.
Why Texas?
Everything is bigger in Texas, and everything I just wrote is supercharged in Texas.
In that Week 3 Update, Zach wrote that Base would not start by focusing on Texas because, as an unregulated market, prices in Texas are volatile. He also wrote that Base would not build an REP, because the need to hedge would make the business more capital intensive and riskier.
But one of Base’s principles, picked up from its team’s time at SpaceX and Tesla, is “Question Assumptions.”
Like: the need to hedge power price risk would make the business more capital intensive and riskier. At some point, the team realized that batteries were the hedge, and that because of that, they’d have a built-in advantage over the competition.
Then: if you’re an REP with batteries, then price volatility can be a very good thing.
And: if you’re looking for volatility, there’s no better place to look than Texas.
When it comes to power, Texas is an island. Its grid, managed by ERCOT (Electric Reliability Council of Texas) is mostly isolated from the rest of the United States’ power grids.
Map of American Independent System Operators (ISOs)
While California and New York also have their own Independent System Operators, Texas is the only state whose grid isn’t interconnected with other state’s grids.
US EIA
From a regulatory standpoint, that means that Texas is the only grid not federally regulated by FERC (Federal Energy Regulatory Commission). The Public Utility Commission of Texas (PUC) regulates ERCOT, particularly as it concerns electricity rates.
From a reliability standpoint, it means that Texan generators are responsible for producing the power that Texan consumers consume.
Interconnections – the physical and operational links between different power systems that allow them to transfer electricity among each other – allow other states to rely on each other to balance their grids. They can balance supply and demand across a wider range of generation capabilities, local weather conditions, and demand profiles. Texas is all on its own.
A grid is a tricky thing to manage all by yourself, made more tricky in recent years by the growing share of renewables in Texas’ generation mix. Texas is blessed by nature. It sits at the intersection of America’s Sun Belt and its Wind Belt, and as a result, it is the country’s largest wind power producer and its second largest solar producer.
It may surprise you that Texas is so big on renewables, until you realize that Texas is the most free market of all of the grids. It’s an energy-only market in which power plants are paid only for the energy they produce, and unlike in regulated markets, in which utilities can choose the source of power they provide to customers based on other factors like reliability, Texan generators compete in wholesale markets based on price. When they’re on, solar and wind have a cheaper marginal price than other power sources, so they win, at the expense of reliability.
The market makes up for this through scarcity pricing mechanisms: ERCOT introduces congestion pricing – kind of like Uber’s surge pricing – to incentivize more capacity to come online when it’s needed. It’s the only grid without a capacity market, in which generators are paid simply for being available to produce if needed, opting to ensure reliability through market signals alone.
As a result, the transition to renewables and electrified everything has been particularly bumpy in Texas, where electricity is cheaper when the getting’s good but less reliable when it isn’t. Plus, Texas has more extreme weather – very hot and very cold – than its renewable-heavy counterparts like California. As a result, last year, Texans experienced 20 hours without electricity, up 6x from three hours in 2013.
The point of a free market, though, is that while it can be messier in the short-run than a centrally-planned one, it leaves room for market-based solutions that can be better in the long-run. Base thinks it can be part of that solution, and that Texas is the ideal place for it to start.
First, because Texans are experiencing more frequent and longer outages, the battery value prop resonates with them in a way that’s hard to understand if you live in a state with a more stable grid. A more acute need paired with an economical solution should help it grow its customer base as quickly as its installation pace will allow.
Second, once those batteries are in place, they can be more profitable in Texas than they would be in other states. On Sunday morning, I pulled up GridStatus.io (which is worth checking out for a feel for how all of this works), and this is what I saw:
GridStatus.io, Sunday May 5th
While each of the other ISOs real-time prices pretty closely tracked day-ahead prices (predictions made the day ahead, which are purchasable), ERCOT real-time prices ($92/MWh) had spiked far above day-ahead prices ($23/MWh). If Base charged its batteries overnight at $15/MWh real-time prices, it could have made $77 for every MWh it discharged back to the grid. And that’s actually a low spread. There are some days in the summer when you can charge for $0 and discharge for $5,000/MWh.
ERCOT Summer 2023, GridStatus.io
It doesn’t take too many days like that to pay back an ~$8,000 20kWh battery.
Base can build a big business in Texas alone, but it plans to prove the model in Texas, then move on to other deregulated markets as more renewables and electrification destabilize their grids, too.
California is an interesting next target for a battery company: because so much solar is produced in the middle of the day, Base could be paid to charge, and then discharge when prices are above zero. After deregulated markets, it can partner with utilities in regulated markets as they too shift to more renewables, and their customers electrify more of their energy consumption.
By cutting its teeth in Texas, Base believes it can become one of the most sophisticated Virtual Power Plant (VPP) operators in the market. Then, it can compete with companies like Tesla, Sunrun, and Sunnova in regulated markets, where they currently partner with existing utilities to run VPPs. Base thinks that by flipping the model - from selling hardware to selling power – it can win against the companies who have failed to aggregate much demand due to lack of customers willing to pay.
Or, Base hopes, by showing that deregulated energy markets can work really well in Texas, it can convince other states to adopt regulatory frameworks more similar to the Lone Star State’s. To be fair, Texas’ deregulated energy-only market has been a mixed bag. In 2021, Winter Storm Uri left millions of Texans without power for days and left the whole market shook.
But if Base is right, and it can prove it in Texas, it might show that renewables, free markets, and batteries offer a combination of low-prices and reliability that regulated systems can’t match.
As former PUC Commissioner Will McAdams said on the Energy Capital Podcast:
We've doubled our battery capacity. We will double it again very soon. And batteries are right at home in what's going on right now. It has been an invaluable resource and will be a critical resource managing through the seasons that we're soon to see with the amount of load growth patterns that we have today. And so every energy company in the world is either looking at Texas or has invested capital in Texas to some degree.
But that’s a long way away. For now, Texas will keep Base busy for a long time. There are 11 million homes in the state, increasingly powered by renewable energy, with a quarter of a million electric vehicles to plug in at the end of each day, growing to half a million with haste. If Base can fix Texas’ grid, it can fix ‘em all. And in the process, it can build up one of the largest and most profitable battery storage portfolios in the country.
The Base Business Model
We just covered a lot of complexity to arrive back at a business model that’s really quite simple:
building a large portfolio of connected batteries with short paybacks and high cash on cash returns.
Building storage portfolios is a good business no matter how you slice it, so good that Casey Handmer used an exclamation point when he wrote: “Indeed, while new solar farms take 5-20 years to pay for themselves, battery plants are so lucrative they’re often profitable by year two – which is unheard of in the energy infrastructure space!”
Broad Reach, which was founded in 2019, was acquired for $1 billion in equity value in 2023, at just four years old, and with only 350 MW of storage in operation (with another 880 MW under construction). Now that batteries are getting cheaper, renewables are getting more plentiful, and demand for electricity is picking up, building a profitable portfolio of batteries is easier than it’s ever been.
But to build the most profitable portfolio, and one that alleviates the grid’s challenges, Base believes that you need to do a whole lot of hard things, at once, in such a way that the whole system works in a way that no competitor can match.
You need to manufacture batteries, and design a whole Deployment Factory, optimized to lower the cost of the whole installation at scale.
You need to offer the batteries as part of a larger REP offering, and offer them at install cost (taking on the cost of the battery yourself) in order to increase adoption.
You need to turn that adoption into a distributed network of batteries that produces demand signals in real-time, and can charge and dispatch on-demand in order to profitably trade power and offer ancillary services to the grid.
And you need to start in Texas, the most isolated and volatile grid in America, in order to create, and capture, the most value.
To make it more clear, let’s look at that ERCOT summer 2023 chart again.
ERCOT Summer 2023, GridStatus.io
In a purely financial market, an arbitrage like that would get traded away within minutes, maybe seconds.
But batteries aren’t a purely financial market. Accessing the arbitrage requires a lot of hard engineering, manufacturing, distribution, sales, and software.
If you can pull all of that off, you have the arbitrage practically to yourself as long as you can keep competitors at bay.
To that end, and I will bang this drum until my face turns blue, digging a moat is key.
“The moat,” Zach told me, “is ‘hard.’”
Each of the high-level things that Base does has a thousand sub-steps, and a small team of talented people within the company tasked with making sure they’re executed in lockstep. With each coherent action they pull off, the moat against would-be competitors deepens.
Manufacturing its own batteries means it won’t need to pay a margin to battery companies like the battery farms do. Using those batteries to offer better reliability and cheaper prices than other REPs means it should be able to acquire customers more cheaply, and retain them longer. Adding more batteries to the grid gives Base more data in more locations than anyone in Texas, and a greater ability to profit on that data. Continuing to hire world-class engineering talent in an industry that traditionally hasn’t means that they can keep doing all of those things better and faster than a competitor can.
That’s the plan, at least.
Today, Base is officially online in Texas, serving a handful of homes with third-party batteries and REP service, powered by Base’s software. It’s aiming to ramp up to dozens installs by the end of Q2. In Q4, it will roll out v1 of its own Base-manufactured batteries, which will speed up installation and improve Base’s responsiveness to the grid’s needs. As it installs, it’s learning and adjusting. HOA’s are proving to be trickier than expected, but they’re figuring it out.
Three of the first Base homes
For now, Base is financing batteries off of its own balance sheet. In the months ahead, it needs to grow the portfolio and prove out the economics of its batteries so that it can secure asset-backed loans to fuel its growth. Building a portfolio that appeals to lenders means that Base can unlock a lower cost of capital, which means more batteries and more profits, and ultimately even lower costs of capital. The moat widens.
Combine the balance sheet of a PE-backed storage portfolio with the engineering and operational chops of a SpaceX in a trillion-dollar market, and you’re in business.
That said, Base is trying to build a power company on hard mode, and there are a lot of challenges – real and surmountable – ahead. Let’s go through them.
The Arguments Against Base
The simplest reason that Base might fail is the same as its moat if it succeeds: it’s hard.
That should be painfully obvious at this point. Manufacturing batteries is hard. Installing them is hard. Acquiring customers is hard. Convincing them to pay for a big battery on the side of their house is hard. Power trading is hard. Distributed software is hard. Financing a portfolio of individual batteries with no offtake agreements is hard. Each thing that Base has to do individually is hard, and the model depends on all of them working together. That’s why hiring has been the highest priority, but even with the best people, getting all of this right will be hard. That’s obvious.
But there are more nuanced arguments for why Base might not work, or might not be needed, and I asked the team about them. They range from dumb to smart.
The dumb argument is that we won’t need batteries if we just add a bunch of nuclear, which we should. There are a few reasons this one doesn’t hold up.
The first is that adding new nuclear capacity is really hard. With Vogtle 4 online, there are no new large-scale nuclear projects in the pipeline. We should do everything we can to change that – and I’m particularly excited about hyperscalers adding nuclear to power AI datacenters – but we can’t rely on nuclear as our only hope.
More importantly, in a way that I didn’t fully appreciate before talking to the Base team, nuclear and batteries are complementary. Nuclear is a generation technology, and batteries are a distribution technology, like poles and wires. More and cheaper batteries make nuclear more useful by making it more dispatchable.
The “in between smart and dumb” argument is that if your core business is arbitrage, you kill your business by providing stability. There are a few answers to this one, too.
The first is that the problem is
</ORIGINAL_TEXT>
<ideal_output>
Base is turning the state of Texas into one big
decentralized power plant.
- Manufacturing their own batteries (no middlemen
taking margins)
- Real-time home circuit data gives them a trading edge
- Volatile Texas market enables $5000/MWh price
spikes if they can capture them (they can)
- Their distributed model solves transmission bottlenecks
- The batteries they put in your home are both a grid
hedge and profit source
Complexity is their moat—if they can pull it off, they win.
</ideal_output>
</example>
<example>
<ORIGINAL_TEXT>
Artificial intelligence models can be surprisingly stealable—provided you somehow manage to sniff out the model’s electromagnetic signature. While repeatedly emphasizing they do not, in fact, want to help people attack neural networks, researchers at North Carolina State University described such a technique in a new paper. All they needed was an electromagnetic probe, several pre-trained, open-source AI models, and a Google Edge Tensor Processing Unit (TPU). Their method entails analyzing electromagnetic radiations while a TPU chip is actively running.
“It’s quite expensive to build and train a neural network,” said study lead author and NC State Ph.D. student Ashley Kurian in a call with Gizmodo. “It’s an intellectual property that a company owns, and it takes a significant amount of time and computing resources. For example, ChatGPT—it’s made of billions of parameters, which is kind of the secret. When someone steals it, ChatGPT is theirs. You know, they don’t have to pay for it, and they could also sell it.”
Theft is already a high-profile concern in the AI world. Yet, usually it’s the other way around, as AI developers train their models on copyrighted works without permission from their human creators. This overwhelming pattern is sparking lawsuits and even tools to help artists fight back by “poisoning” art generators.
“The electromagnetic data from the sensor essentially gives us a ‘signature’ of the AI processing behavior,” explained Kurian in a statement, calling it “the easy part.” But in order to decipher the model’s hyperparameters—its architecture and defining details—they had to compare the electromagnetic field data to data captured while other AI models ran on the same kind of chip.
In doing so, they “were able to determine the architecture and specific characteristics—known as layer details—we would need to make a copy of the AI model,” explained Kurian, who added that they could do so with “99.91% accuracy.” To pull this off, the researchers had physical access to the chip both for probing and running other models. They also worked directly with Google to help the company determine the extent to which its chips were attackable.
Kurian speculated that capturing models running on smartphones, for example, would also be possible — but their super-compact design would inherently make it trickier to monitor the electromagnetic signals.
“Side channel attacks on edge devices are nothing new,” Mehmet Sencan, a security researcher at AI standards nonprofit Atlas Computing, told Gizmodo. But this particular technique “of extracting entire model architecture hyperparameters is significant.” Because AI hardware “performs inference in plaintext,” Sencan explained, “anyone deploying their models on edge or in any server that is not physically secured would have to assume their architectures can be extracted through extensive probing.”
</ORIGINAL_TEXT>
<ideal_output>
Apparently AI models can leak their secrets through electromagnetic waves.
- Some researchers achieved 99.9% accuracy in stealing AI model architecture using simple electromagnetic probes.
- Physical access to processing chips is the only barrier to theft.
- Current AI hardware performs calculations in unencrypted form.
- Smartphones are only safer because they're harder to probe, not because they're more secure.
The next AI arms race won't be about building models.
It's going to be about securing them.
</ideal_output>
</example>
<example>
<ORIGINAL_TEXT>
</ORIGINAL_TEXT>
<ideal_output>
Imagine getting scammed because you used an Express Lane in LA.
- Some hackers exploited the fear of fines by sending fake "FasTrak violation" text messages.
- Metro's system is flooded with panicked customer calls.
- Attacks resurging in Southern California after happening in the summer, despite warnings.
Commuter anxiety is a cognitive security exploit, maybe you're not supposed to live like that.
</ideal_output>
</example>
<ORIGINAL_TEXT>
US Treasury says its workstations hacked in cyberattack by China
12/30/2024
Chinese state-sponsored hackers breached the U.S. Treasury Department earlier this month, stealing documents from its workstations, according to a letter to lawmakers obtained by Reuters on Monday.
The hackers exploited a vulnerability in a third-party cybersecurity service provider, granting them access to unclassified documents. The letter described the incident as a "major breach."
Hackers reportedly "gained access to a critical key used by the vendor to secure a cloud-based service that provides remote technical support for Treasury Departmental Offices (DO) end users." Using the stolen key, the attackers bypassed the service’s security measures, remotely infiltrated certain Treasury DO user workstations, and accessed specific unclassified documents stored by those users.
The Treasury Department, alerted by cybersecurity provider BeyondTrust, is now working closely with the U.S. Cybersecurity and Infrastructure Security Agency (CISA) and the FBI to evaluate the breach’s impact and ensure further security.
</ORIGINAL_TEXT>
<ideal_output>
China just stole Treasury documents using a stolen key from a contractor.
Hackers targeted unclassified workstations through third-party vendor access
Breach exploited cloud-based technical support system
BeyondTrust, the security provider, discovered and reported the intrusion
FBI and CISA now investigating
That's right: The global superpower's treasury just got hacked through its IT help desk.
</ideal_output>
</examples>
Remember:
- Be extremely concise and terse in your language.
- Avoid clichés and overused phrases.
- Each bullet point should be provocative and maintain a consistent tone with the initial claim.
- Every bullet point should be rich with specific facts and details from the input text.
- Aim for impact and memorability in every element of your summary.
Do not add any context or explanation before or after the text you've been asked to write. Do not say what you're going to write, just give me the writing (the ideal output) for my input.
Here is the input:
"""{{ content }}"""