Tech Meme

Ingrid Lunden / TechCrunch: Barcelona-based Submer, which submerges data center server racks in a proprietary coolant, raised a $55.5M Series C led by M&G at a ~$500M post-money valuation  —  The race is on for better chips and data center capacity to handle AI workloads, but all that activity comes with a catch. Lees verder op Tech Meme

Yasemin Craggs Mersinoglu / Financial Times: Analysis: London police used facial recognition 117 times in 2024 to August, up from 32 times total from 2020 to 2023; ~770,966 people were scanned since 2020  —  Force used the technology 117 times from January to August, up from 32 between 2020 and 2023  —  The use of a controversial form … Lees verder op Tech Meme

Victoria Song / The Verge: Oura unveils the $349+ Oura Ring 4, featuring a slimmer design, improved accuracy, and more sizes, shipping October 15, and completely redesigns the Oura app  —  Oura is giving its popular smart ring and app a substantial makeover.  The company just announced the $349 Oura Ring 4 … Lees verder op Tech Meme

Andrew J. Hawkins / The Verge: Uber partners to use Avride’s sidewalk robots for Eats in Austin now and in Dallas and Jersey City later in 2024, and Avride’s autonomous cars in Dallas in 2025  —  Uber expanded its cohort of autonomous vehicle partners today with the addition of Avride, formerly known as Yandex Self-Driving Group. Lees verder op Tech Meme

Ivan Mehta / TechCrunch: Spotify launches Offline Backup, which automatically makes recently streamed and now playing queued songs available as an offline playlist for Premium users  —  Spotify introduced a new feature today called Offline Backup.  This feature for premium users is essentially a list of songs … Lees verder op Tech Meme

Rosie Bradbury / PitchBook: Analysis: OpenAI, the third-most valuable VC-backed company after ByteDance and SpaceX, is now worth far more than any VC-backed startup at the time of its IPO  —  OpenAI wrapped up its $6.6 billion financing at a $157 billion valuation—a remarkable achievement that raises the stakes for CEO … Lees verder op Tech Meme

Bill Toulas / BleepingComputer: Researchers: hackers are actively exploiting an RCE vulnerability in Zimbra email servers, disclosed on September 27, triggered by emailing the SMTP server  —  Hackers are actively exploiting a recently disclosed RCE vulnerability in Zimbra email servers that can be triggered simply … Lees verder op Tech Meme

Bloomberg: Analysis: Nvidia execs and directors have sold nearly 11M shares, worth $1.8B+, in 2024 so far, the most since at least 2020; there are 24.5B outstanding shares  —  – Executives, directors have unloaded 11 million shares in 2024  — Director Stevens filed to sell an additional 3 million shares Lees verder op Tech Meme

Richard Waters / Financial Times: As Satya Nadella says AI models are becoming “more of a commodity”, OpenAI faces formidable challenges, including burning $5B+ in 2024 and intense competition  —  Latest funding round has boosted the company’s valuation to $150bn, but it faces formidable challenges Lees verder op Tech Meme

Ivan Mehta / TechCrunch: Spotify launches Offline Backup, a playlist of downloaded songs that users recently listened to, available automatically for Premium users  —  Spotify introduced a new feature today called Offline Backup.  This feature for premium users is essentially a list of songs you recently listened to and that you can consume offline. Lees verder op Tech Meme