Tech Meme

Misha Savic / Bloomberg: A Montenegro court overturns a lower court’s decision that would have let Terraform Labs co-founder Do Kwon be released on €400K bail; Do Kwon remains in jail  —  A Montenegrin court has annulled a lower court’s decision under which former crypto mogul and Terraform Labs co-founder Do Kwon would be released on bail. Lees verder op Tech Meme

Eric Newcomer / Newcomer: Poolside, co-founded by ex-GitHub CTO Jason Warner to build a “subsystem” for AI services like GitHub’s Copilot and Replit’s Ghostwriter, raised a $26M seed  —  Warner steps back from Redpoint to lead Poolside.  Redpoint leads seed round.  —  ∙ Paid Lees verder op Tech Meme

Adi Robertson / The Verge: Hands-on with Sudowrite’s Story Engine, a generative AI tool for writing long-form fiction novels that works better than expected but still has big limitations  —  Thoughts are swarming my mind like a nest of cyber-rats. … Last week, generative fiction tool Sudowrite launched a system for writing whole novels. Lees verder op Tech Meme

Bloomberg: Istanbul-based AI marketing startup Insider raised $105M at a nearly $2B valuation, up from $1.22B in its March 2022 Series D, taking its total funding to $274M  —  Insider, a Turkish artificial intelligence-backed marketing platform, was valued at almost $2 billion in a funding round … Lees verder op Tech Meme

Brian Heater / TechCrunch: Figure, which is building a humanoid robot that took its first step in less than a year, raised a $70M Series A led by Parkway, after a self-financed $100M seed  —  I spent a bit of time at Figure’s Sunnyvale offices during a recent visit to the South Bay.  The firm is currently … Lees verder op Tech Meme

Soo-Hyang Choi / Reuters: US filing: South Korea asks the US to review its criteria for new chip subsidies, concerned over the impact on limiting chip investment in countries like China  —  South Korea has asked Washington to review its criteria for new semiconductor subsidies, concerned over the impact of rules … Lees verder op Tech Meme

Stephen Witt / Rest of World: An influx of digital nomads, about half from the US, to Medellín, Mexico City, and other cities boosts local economies, but locals complain of being priced out  —  Cities from Canggu to Medellín are welcoming tech workers, but locals complain they’re being priced out. Lees verder op Tech Meme

Bloomberg: Xiaomi reports Q1 revenue down 19% YoY to ~$8.4B and a ~$596M net income, up from a ~$75M net loss in Q1 2022, both above estimates, due in part to cost cutting  —  Xiaomi Corp. quarterly revenue slid 19% in a reflection of crumbling demand for electronics and internet services in a sputtering Chinese economy. Lees verder op Tech Meme

Stephen Witt / Rest of World: An influx of digital nomads, about half from the US, to Medellín, Mexico City, and other cities boosts local economies, but locals complain of being priced out  —  Cities from Canggu to Medellín are welcoming tech workers, but locals complain they’re being priced out. Lees verder op Tech Meme

Jess Weatherbed / The Verge: Logitech unveils the $699 Logi Dock Flex, a docking station with an 8 touchscreen, USB-C ports, USB-A ports, and dual 4K monitor support, coming in fall 2023  —  Logitech has announced the Logi Dock Flex, its latest all-in-one USB-C docking station designed to alleviate some of the frustrations of hot desking and hybrid working. Lees verder op Tech Meme