Tech Meme

Nikkei Asia: Tokyo-based Sakana AI details its AI CUDA Engineer, which it says can speed up AI training and inference by 10x to 100x by “breeding” efficient instructions  —  TOKYO — Tokyo-based startup Sakana AI says it has developed a system capable of accelerating artificial intelligence development … Lees verder op Tech Meme

Lizette Chapman / Bloomberg: Palantir’s stock fell 10% on February 19 after the WaPo reported US Defense Secretary Pete Hegseth plans to cut military spending; PLTR is up 50%+ in 2025  —  – Spending shift would affect 8% of US defense spending  — AI-focused Palantir has become major government contractor Lees verder op Tech Meme

Natasha Lomas / TechCrunch: Global Witness: ahead of German elections, TikTok’s and X’s For You feeds showed a substantial far-right bias; 78% of TikTok’s recommendations supported the AfD  —  Recommendation algorithms operated by social media giants TikTok and X have shown evidence of substantial far-right political bias … Lees verder op Tech Meme

Reuters: Russian search and ad giant Yandex reports 2024 revenue up 37% YoY to a record ~$12.3B and expects 2025 revenue up 30%+, after splitting from Nebius Group  —  Russian internet firm Yandex reported annual revenues above 1 trillion roubles ($11.22 billion) for the first time on Thursday … Lees verder op Tech Meme

Bloomberg: Alibaba reports Q3 revenue up 8% YoY to ~$38.6B, the fastest growth in over a year and above ~$38B est., and a ~$6.7B net income, as AI boosts its business  —  – Revenue beats estimates thanks to strong growth in cloud arm  — Alibaba is staging a comeback as AI initiatives bear fruit Lees verder op Tech Meme

RT Watson / The Block: Nansen: 86% of traders lost $251M in total on the Solana memecoin Libra that Argentine President Milei promoted, while the remaining traders profited $180M  —  – Citing onchain data, Nansen Research said that through Tuesday, 86% of traders lost a total of $251 million on the LIBRA token … Lees verder op Tech Meme

Ben Schoon / 9to5Google: Google is removing Gemini support from the main Google app on iOS, pushing users to download the standalone Gemini app that launched in November 2024  —  Google is informing iOS users that it will be removing Gemini support from the main Google app as it pushes users over to the full Gemini app. Lees verder op Tech Meme

Tim Bradshaw / Financial Times: An interview with Accel’s Harry Nelis, who led early investments in Zepz and Kayak, on how the European startup industry has changed, the AI boom, and more  —  The venture capital group’s long-serving partner reflects on how the continent’s start-up industry has evolved and discusses the AI boom Lees verder op Tech Meme

The Block: Ethereum transaction fees’ seven-day moving average fell to $0.77 on February 15, a 70% week-over-week drop from $2.57 and the lowest since July 2020  —  – The record-low Ethereum fees signal weak demand amid onchain volume decline.  — The following is an excerpt from The Block’s Data and Insights newsletter. Lees verder op Tech Meme

Angus Whitley / Bloomberg: Australia eSafety Commissioner study: social media platforms likely have ~1.3M under-13 Australian users, suggesting a lack of preparation for the under-16 ban  —  – Study indicates over 1 million underage social media users  — Findings show lack of preparation for Australia’s under-16 ban Lees verder op Tech Meme