CNBC: Riot, which mined ~$8.9M worth of bitcoin in August, says it earned $31.7M in energy credits from Texas power grid operator ERCOT that month to reduce its usage — – Bitcoin miner Riot Platforms raked in $31.7 million in energy credits from Texas power grid operator ERCOT in August. Lees verder op Tech Meme
Bloomberg: SK Hynix opens an investigation into Huawei’s Mate 60 Pro using Hynix’s LPDDR5 and NAND flash memory, an isolated example of materials sourced outside of China — – Korean maker says it hasn’t worked with Huawei since sanctions — Mate 60 Pro handset uses Hynix memory and flash storage chips Lees verder op Tech Meme
Forbes: Imbue, formerly Generally Intelligent, which says it has access to 10,000 of Nvidia’s H100 GPUs to build AI “agents”, raised a $200M Series B at a $1B valuation — The startup, one of very few woman-led AI unicorns, has a $1 billion valuation and access to 10,000 Nvidia H100 GPUs … Lees verder op Tech Meme
Dina Bass / Bloomberg: Microsoft says its Copilot Copyright Commitment will defend customers of its AI products from copyright lawsuits if they use “guardrails and content filters” — The software giant also will pay related fines and settlements, so long as customers follow its rules. Lees verder op Tech Meme
Alistair Charlton / Forbes: BMW drops plans to offer subscriptions to activate heated seats or other hardware already fitted to its cars, limiting subscriptions to software-based functions — BMW has made a U-turn on a controversial subscription service that saw drivers pay a fee to activate the heated seats already fitted to their car. Lees verder op Tech Meme
Paresh Dave / Wired: In a novel move, Pinterest updates its content algorithm to surface diverse body types, powered by an AI system trained on 5B+ images of bodies of all sizes — Social media algorithms usually promote biases toward white, thin bodies. Pinterest is using machine learning to surface images of all shapes and sizes. Lees verder op Tech Meme
Sandali Handagama / CoinDesk: An IMF and Financial Stability Board paper warns jurisdictions against blanket bans on crypto, recommending targeted restrictions and sound monetary policy — The global standard-setters also warned stablecoins adopted by multiple jurisdictions “may transmit volatility more abruptly” than other crypto. Lees verder op Tech Meme
Kyle Wiggers / TechCrunch: Certa, which offers a compliance, governance, and risk management service for enterprises, raised a $35M Series B, bringing its total raised to “just over” $50M — Certa, a compliance, governance and risk management platform for enterprises, today announced that it raised $35 million … Lees verder op Tech Meme
Jay Peters / The Verge: Google plans to update Chrome to incorporate its Material You design language in the coming weeks, including refreshed icons and new color palettes — Chrome on the desktop is about to get a new look. Google’s widely used browser is getting an update based on its Material You design language … Lees verder op Tech Meme
Trisha Thadani / Washington Post: Cruise CEO Kyle Vogt attributes angst over driverless cars to anti-robot bias, saying “anything that we do differently than humans is being sensationalized” — Cruise CEO Kyle Vogt said in an interview with The Washington Post that the angst around driverless cars in San Francisco is overblown Lees verder op Tech Meme