Tech Meme

Greg Bensinger / Reuters: Interviews with 15 current and former employees at Amazon’s Lab126 hardware unit describe low morale due to layoffs and fears of a weak development pipeline  —  Some workers within Amazon’s (AMZN.O) once-storied hardware division – responsible for popular devices like the Kindle reader … Lees verder op Tech Meme

Kerry Flynn / Axios: Electrify Video Partners, whose model is to acquire 50% to 100% of a YouTube creator’s business, raised $85M from Capital D and says the startup is profitable  —  – Kerry Flynn, author of Axios Pro: Media Deals  —  Exit Content Preview  —  Electrify Video Partners has raised $85 million … Lees verder op Tech Meme

Marissa Newman / Bloomberg: Tel Aviv-based Cato Networks, whose tools help protect remote workforces, raised $238M led by Lightspeed at a $3B+ valuation, taking its total funding to $770M  —  – Firm raises $238 million from Lightspeed, SoftBank and others  — Cato boosted its valuation from $2.5 billion after last round Lees verder op Tech Meme

Bloomberg: Raleigh-based Pryon, which offers chatbots for searching through data, raised a $100M Series B, ~80% from Thomas Tull’s fund, sources say at a $500M+ valuation  —  – North Carolina startup valued at more than $500 million  — Pryon’s CEO founded Yap, Amazon’s first AI-related acquisition Lees verder op Tech Meme

Justine Calma / The Verge: The Chan Zuckerberg Initiative is funding an AI GPU cluster made up of 1K+ Nvidia H100 GPUs to run “openly available” models of human cells for medical research  —  Mark Zuckerberg and Priscilla Chan’s foundation is funding the construction of a massive computing system for medical research. Lees verder op Tech Meme

Sam Reynolds / CoinDesk: After Hong Kong’s police arrested six following allegations of fraud at unlicensed crypto exchange JPEX, the government plans to tighten its crypto regulations  —  SCMP reported that Hong Kong police had received 83 complaints about the platform, which was operating without a license. Lees verder op Tech Meme

Justin Warren / Forbes: Alcion, which sells AI-based “backup-as-a-service” tools, raised a $21M Series A led by Insight Partners-owned IT firm Veeam, taking its total funding to $29M  —  Billing itself as a modern data management company, Alcion has raised $21 million in a Series A funding round led by data protection behemoth Veeam. Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Crowdstrike confirms acquiring Bionic, which analyzes a company’s tech and IT to find vulnerabilities, sources say for $350M; Bionic has raised $82M in total  —  Update: Crowdstrike has now officially confirmed the deal.  As we previously reported, Crowdstrike will merge Bionic’s tech with its Falcon product. Lees verder op Tech Meme

Tom Warren / The Verge: What to expect from Microsoft’s Surface and AI event: Surface Laptop Studio 2, Surface Go 4 and Laptop Go 3, and AI updates for Windows, Surface, and Office  —  Microsoft is holding a “special event” in New York City later this week where it’s expected to debut three new Surface devices … Lees verder op Tech Meme

Marissa Newman / Bloomberg: Tel Aviv-based Cato Networks, which offers tools to protect remote workforces, raised $238M led by Lightspeed at a $3B+ valuation, for $770M in total funding  —  – Firm raises $238 million from Lightspeed, SoftBank and others  — Cato boosted its valuation from $2.5 billion after last round Lees verder op Tech Meme