Tech Meme

Bloomberg: China is racing to catch the US in AI, but demos show China has far to go; Preqin: AI investments in the US were $26.6B in the year to mid-June vs. China’s $4B  —  China’s tech sector has a new obsession: competing with US titans like Google and Microsoft Corp. in the breakneck global artificial intelligence race. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Reka, which is building custom AI models for the enterprise, emerges from stealth with $58M in funding led by DST Global Partners and Radical Ventures  —  Large language models (LLMs) like OpenAI’s GPT-4 are all the rage these days, owing to their unparalleled ability to analyze and generate text. Lees verder op Tech Meme

Miranda S. Spivack / New York Times: Experts say there is a growing need to build data centers in the US, which had 2,701 data centers in 2022 per Statista, but finding land may be a challenge  —  The need for data centers has soared, fueled by remote work and the growth of high-speed streaming.  But finding the necessary land and energy can be a challenge. Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Augmedics, which develops an FDA-approved AR navigation system for spinal surgery, raised an $82.5M Series D led by CPMG, bringing its total funding to $148M  —  Spinal is one of the fastest-growing categories of surgery, with the number of operations taking place annually now approaching 8 million. Lees verder op Tech Meme

Wall Street Journal: Sources: the US is considering new AI chip export restrictions to China as soon as July, which could even prevent sales of Nvidia’s A800 chip without a license  —  Restrictions come amid concerns that China could use AI chips from Nvidia and others for weapon development and hacking Lees verder op Tech Meme

Foo Yun Chee / Reuters: EU countries and lawmakers reach a provisional agreement on the Data Act, establishing rules on how Big Tech and other firms use EU consumer and corporate data  —  EU countries and EU lawmakers on Tuesday agreed on rules that govern how Big Tech and other companies use European consumer and corporate data … Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: OpenAI’s ChatGPT iOS app adds Bing for ChatGPT Plus subscribers, letting them get answers on information that extend beyond ChatGPT’s original training data  —  ChatGPT on mobile can now surf the web.  But only via Bing.  —  Today, OpenAI announced that subscribers to ChatGPT Plus … Lees verder op Tech Meme

Patience Haggin / Wall Street Journal: Adalytics: ~80% of Google’s video ad placements on third-party sites violated the company’s promised standards between 2020 and 2023; Google disputes the claims  —  About 80% of Google’s video-ad placements on third-party sites violated promised standards, new research shows; Google disputes claims Lees verder op Tech Meme

David Heaney / UploadVR: Report: Google canceled its “Iris” AR glasses project earlier in 2023 and is now focused on creating AR software platforms to license to headset manufacturers  —  Google reportedly killed its glasses hardware project.  —  Business Insider’s Hugh Langley cites … Lees verder op Tech Meme

Issie Lapowsky / Fast Company: SCOTUS rules 7-2: for an alleged cyberstalker to be a “true threat”, a court must prove they recklessly disregarded that their words might be seen as threats  —  The Supreme Court ruled Tuesday that in order to find someone guilty of making a “true threat” courts must first determine … Lees verder op Tech Meme