Tech Meme

Ian King / Bloomberg: Cerebras says it has resolved “all open issues” with the CFIUS, as it prepares for an IPO; the AI startup filed a notice about its ties to Abu Dhabi’s G42  —  G42 also planned to buy more than 22 million shares in Cerebras.  The Sunnyvale, California-based company had said the arrangement … Lees verder op Tech Meme

Kevin Beaumont / DoublePulsar: Oracle is using very specific words to avoid responsibility for an Oracle Cloud breach, after a report on March 21 that a threat actor claimed responsibility  —  Being a provider of cloud SaaS (Software-as-a-service) solutions requires certain cybersecurity responsibilities — including being transparent and open. Lees verder op Tech Meme

Belle Lin / Wall Street Journal: AMD completes its $4.9B purchase of data center equipment designer ZT Systems, announced in August 2024, taking on its roughly 1,000 design engineers  —  Chip giant CEO Lisa Su says AI is still in its ‘very early stages’ as the company revs up competition with Nvidia Lees verder op Tech Meme

Maxwell Zeff / TechCrunch: Amazon’s AGI Lab unveils Nova Act, a general purpose AI agent to control a web browser and independently perform some simple actions, and a Nova Act SDK  —  Amazon on Monday unveiled Nova Act, a general-purpose AI agent that can take control of a web browser and independently perform some simple actions. Lees verder op Tech Meme

Georgina Quach / Financial Times: Barclays, Monzo, Lloyds, and other major UK banks join Amazon, Google, Match, Meta, BT, and Three in committing to live data sharing in a UK fraud clampdown  —  Industry-led initiative promises to beat existing scam-monitoring systems  —  Britain’s biggest banks, technology and telecoms companies … Lees verder op Tech Meme

Reuters: How the Trump family took over World Liberty Financial, which raised $550M+ via governance tokens; the family has a claim on 75% of net revenues of token sales  —  As World Liberty Financial raised more than half a billion dollars, President Donald Trump’s family took control of the crypto venture … Lees verder op Tech Meme

Vicky Ge Huang / Wall Street Journal: Eric and Donald Trump Jr.’s American Data Centers plans to merge with Hut 8’s American Bitcoin and take a 20% stake, aiming to create the world’s largest miner  —  A business led by two of the president’s sons will invest in American Bitcoin, a new mining company controlled by Hut 8 Lees verder op Tech Meme

Reuters: TSMC says its Kaohsiung plant in Taiwan is set to begin 2nm wafer volume production in H2 2025, reaffirming its commitment to Taiwan during its US expansion  —  TSMC (2330.TW) said on Monday that its newly built domestic fab would add 7,000 tech jobs to the island’s economy and that it will continue … Lees verder op Tech Meme

Michael J. de la Merced / New York Times: Isomorphic Labs, a DeepMind spinoff focusing on drug discovery, raised $600M led by Thrive to research treatments, including for cancer and immune disorders  —  The company, which uses artificial intelligence to develop new treatments, now counts the venture capital firm Thrive Capital as a backer. Lees verder op Tech Meme

Zack Abrams / The Block: PumpSwap, a new DEX launched by Pump.fun’s creators, processed $2.43B in cumulative trading volume after just 10 days, shaking up the Solana DEX ecosystem  —  – PumpSwap, the DEX recently launched by memecoin platform Pump.fun, has processed $2.43 billion in cumulative trading volume after just 10 days … Lees verder op Tech Meme