Tech Meme

Jordan Novet / CNBC: AWS is investing $100M in a new program to help companies use generative AI by connecting them with AI experts, with Highspot and Twilio among its first clients  —  – Amazon’s cloud unit said Thursday that it’s allocating $100 million for a center to help companies use generative artificial intelligence. Lees verder op Tech Meme

Anja Karadeglija / National Post: Meta will remove news content from Facebook and Instagram for users in Canada after the country’s Senate passed the Online News Act, which goes for Royal Assent  —  With Bill C-18 on the verge of becoming law, Canadians could soon see news removed from their Facebook pages and Google searches Lees verder op Tech Meme

Rashi Shrivastava / Forbes: New York-based Captions, an AI-powered video editing app, raised a $25M Series B led by Kleiner Perkins at a $250M valuation, bringing its total funding to $40M  —  The video editing software, designed for “talking videos,” has been used by 3 million creators to date and stands at a $250 million valuation. Lees verder op Tech Meme

Jane Lanhee Lee / Reuters: Micron plans to invest up to $825M in its first DRAM and NAND assembly and test facility in India, with construction in Gujarat expected to begin in 2023  —  U.S. memory chip firm Micron Technology, Inc (MU.O) said on Thursday it would invest up to $825 million in a new chip assembly … Lees verder op Tech Meme

Rashi Shrivastava / Forbes: New York-based Captions, an AI-powered video editing app, raised a $25M Series B led by Kleiner Perkins, bringing its total funding to $40M at a $250M valuation  —  The video editing software, designed for “talking videos,” has been used by 3 million creators to date and stands at a $250 million valuation. Lees verder op Tech Meme

Rebekah Valentine / IGN: Filing: Microsoft says Xbox “lost the console wars”, with a 16% share of console sales in 2021, behind Nintendo and PlayStation, and a 21% installed base share  —  Xbox “in third place” behind PlayStation and Nintendo, with a sales market share of 16%. Lees verder op Tech Meme

Anton Shilov / AnandTech: Argonne and Intel say they installed the Aurora supercomputer, announced in 2015, which will come online later in 2023 with 2 ExaFLOPS of processing power  —  Argonne National Laboratory and Intel said on Thursday that they had installed all 10,624 blades for the Aurora supercomputer … Lees verder op Tech Meme

Kaya Yurieff / The Information: TikTok COO Vanessa Pappas steps down after five years at the company to refocus on “entrepreneurial passions”  —  TikTok’s Chief Operating Officer V. Pappas has quit, Pappas told staff on Thursday, according to an email viewed by The Information. Lees verder op Tech Meme

CoinDesk: BitGo ends its bid to acquire rival Prime Trust, which in turn halts all deposits and withdrawals; a judge dismissed BitGo’s lawsuit over the failed Galaxy deal  —  Prime Trust has been losing clients and deposits to competitors for weeks amid mounting concerns over its business, a source at one former client told CoinDesk. Lees verder op Tech Meme

Sara Fischer / @sarafischer: TikTok says COO Vanessa Pappas has quit “to refocus on their entrepreneurial passions”  —  🚨🚨: @TikTok COO Vanessa Pappas “has decided to step down to refocus on their entrepreneurial passions” CEO Shou Chew said in a statement. 🚨🚨Disney vet Zenia Mucha will join the company “in the new role of TikTok’s Chief Brand and Communications Officer.” Lees verder op Tech Meme