Tech Meme

TechCrunch: Sources: Cursor maker Anysphere has reached ~$300M in ARR and declined an acquisition offer from OpenAI, which now aims to buy rival Windsurf, with $100M in ARR  —  Anysphere, maker of AI coding assistant Cursor, is growing so quickly that it’s not in the market to be sold, even to OpenAI … Lees verder op Tech Meme

Nikkei Asia: Source: ByteDance, Alibaba, and Tencent asked Nvidia to ship ~1M H20s, ideally by the end of May, but the actual number delivered fell short due to new US curbs  —  TAIPEI/HONG KONG — China’s top internet companies have stockpiled billions of dollars’ worth of Nvidia’s H20 artificial intelligence chips … Lees verder op Tech Meme

Connor Jones / The Register: UN says the ~$40B cyber crime call center industry, tied to East and Southeast Asian crime syndicates, are expanding globally to regions with weak governance  —  What used to be a serious issue mainly in Southeast Asia is now the world’s problem  —  Scam call centers are metastasizing worldwide … Lees verder op Tech Meme

Maxwell Zeff / TechCrunch: Meta’s Oversight Board says Meta’s new speech policies were “announced hastily” in January and asks the company to assess the impact on vulnerable user groups  —  Meta’s Oversight Board, the independent group created to help Meta with content moderation decisions … Lees verder op Tech Meme

Bloomberg: Elon Musk says production of Tesla’s humanoid robot, Optimus, is being affected by China’s recent restrictions on exports of rare earth minerals used in magnets  —  Speaking on the company’s earnings call on Tuesday, Chief Executive Officer Elon Musk said production was impacted by the “magnet issue”. Lees verder op Tech Meme

Bloomberg: A look at Huawei’s smart driving software unit, which became profitable in 2024 after revenue grew over 5x and is powering car systems by BYD, BMW, and others  —  Its SU7 is a hit, forecast to sell 350,000 units this year and even Ford Motor Co. CEO Jim Farley has heaped praise on the model. Lees verder op Tech Meme

Dan Primack / Axios: Bethesda, Maryland-based AuthMind, which offers observability-based identity protection services to enterprises, raised a $19.3M seed led by Cheyenne Ventures  —  AuthMind, a Bethesda, Maryland-based identity protection startup, tells Axios that it’s raised $19.3 million in seed funding led by Cheyenne Ventures. Lees verder op Tech Meme

Shaurya Malwa / CoinDesk: Mantra’s CEO begins burning $80M worth of his OM tokens and plans to burn $80M worth from partners, after a 90% collapse on April 13 erased $5B+ in market value  —  The tokens are part of John Mullin’s team allocation that were staked when the network first started in October 2024.  —  What to know: Lees verder op Tech Meme

Financial Times: Sources: Cantor’s Brandon Lutnick, son of the US commerce secretary, seeks to form a $3B BTC acquisition vehicle with SoftBank, Tether, and Bitfinex as partners  —  Investment vehicle backed by son of commerce secretary comes as US adopts more favourable policy on digital currency Lees verder op Tech Meme

Bloomberg: Source: Intel is set to announce plans this week to cut 20%+ of its staff, its first major restructuring under Lip-Bu Tan; it had 108,900 workers in Dec. 2024  —  Intel Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker … Lees verder op Tech Meme