Tech Meme

Dustin Volz / Wall Street Journal: The Biden administration adds European spyware companies Intellexa and Cytrox to its entity list, blocking them from US tech, as hacking tool concerns grow  —  Biden administration bans Cytrox and Intellexa from receiving U.S. technology amid rising concern over hacking tools Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Hammerspace, which sells data orchestration systems to Blue Origin, NSF, Royal Caribbean Group, and others, raised $56.7M led by Aramco’s Prosperity7 Ventures  —  Data may be “the new oil,” but only when it can be extracted and put to use.  Today, a five year-old startup called Hammerspace … Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: UK-based Netcraft raised $100M led by Spectrum Equity, the cybercrime detection company’s first fundraising since its founding in 1995  —  After years of growth, funding for cybersecurity startups is beginning to slow down, a symptom of the broader economic malaise and — perhaps — market oversaturation. Lees verder op Tech Meme

Inti Landauro / Reuters: Spain’s antitrust watchdog fines Amazon and Apple a combined €194M for limiting the sale of devices from Apple and competitors on Amazon’s Spanish sites  —  Spain’s antitrust watchdog CNMC on Tuesday said it had imposed fines worth 194 million euros ($218.2 million) in total on Amazon … Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: London-based Tractable, which uses computer vision and AI to remotely assess property and vehicle damage, raised a $65M Series E led by SoftBank Vision Fund 2  —  When it comes to transforming business operations, artificial intelligence holds a lot of promise across many industries. Lees verder op Tech Meme

Sam Reynolds / CoinDesk: Filing: Celsius settles with Series B holders to distribute $25M of proceeds from selling crypto custodian GK8; Galaxy Digital acquired GK8 from Celsius in 2022  —  Mike Novogratz’s Galaxy Digital purchased self-custody platform GK8 from Celsius in December as part of bankruptcy proceedings. Lees verder op Tech Meme

Meta: Meta says LLaMA 2, its new open-source LLM with 2x the context length, is available for free for research and commercial use, and expands Microsoft partnership  —  Takeaways  — Today, we’re introducing the availability of Llama 2, the next generation of our open source large language model. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Microsoft announces Vector Search, which uses ML to get the context of unstructured data like images and text, to make search faster, in preview through Azure  —  At its annual Inspire conference, Microsoft announced a number of new AI features headed to Azure, perhaps the most notable of which is Vector Search. Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Hammerspace, which offers data orchestration systems for Blue Origin, NSF, Royal Caribbean Group, and others, raised $56M led by Aramco’s Prosperity7 Ventures  —  Data may be “the new oil,” but only when it can be extracted and put to use.  Today, a five year-old startup called Hammerspace … Lees verder op Tech Meme

Peter Kafka / Vox: Execs at G/O Media, owner of Gizmodo, Jezebel, and others, say the company will publish more AI-generated stories despite blowback for botched first attempts  —  Why G/O Media thinks we should have more stories written by bots.  —  In early July, managers at G/O media … Lees verder op Tech Meme