Tech Meme

Kyle Wiggers / TechCrunch: DigitalOcean plans to acquire NYC-based Paperspace, which offers cloud computing for AI models, for $111M in cash; Paperspace had raised $35M from YC and others  —  DigitalOcean, the cloud hosting business, today announced that it’s agreed to acquire Paperspace, a New York-based cloud computing … Lees verder op Tech Meme

Bloomberg: A test by the New York Fed and big banks on a private blockchain finds tokenized deposits can improve wholesale payments without “insuperable legal impediments”  —  A monthslong test with some of the world’s largest banks found that digital dollars could be an effective … Lees verder op Tech Meme

Kate Park / TechCrunch: Tokyo-based Telexistence, which develops AI-powered robotic arms for retail and logistics, raised a $170M Series B from SoftBank, Airbus Ventures, and others  —  SoftBank is backing Japanese robotics startup Telexistence, making good on the tech giant’s recent pledge to go back on the investment offensive … Lees verder op Tech Meme

Christine Hall / TechCrunch: NYC-based fintech Clair, which helps workers get paid after completing a shift, raised $25M led by Thrive Capital and $150M in debt from partner bank Pathward  —  After developing a free earned-wage advance offering for frontline workers two years ago, fintech company Clair is back with a new tool … Lees verder op Tech Meme

Bloomberg: A test by the NY Fed and a group of banks on a private blockchain finds tokenized dollars can improve wholesale payments without “insuperable legal impediments”  —  A monthslong test with some of the world’s largest banks found that digital dollars could be an effective … Lees verder op Tech Meme

Kate Park / TechCrunch: Tokyo-based Telexistence, which develops AI-powered robotic arms for the retail and logistics industry, raised a $170M Series B from SoftBank and others  —  SoftBank is backing Japanese robotics startup Telexistence, making good on the tech giant’s recent pledge to go back on the investment offensive in light of the current AI hype. Lees verder op Tech Meme

Wayne Ma / The Information: Sources: Google has delayed the release of its first fully customized chip for the Pixel by at least a year, after originally planning to introduce it in 2024  —  Google has big ambitions to develop its own chips for its Pixel phones.  So far, however, things haven’t gone according to plan. Lees verder op Tech Meme

Taylor Hatmaker / TechCrunch: Mark Zuckerberg says Threads now has over 30M signups, up from 10M within seven hours of launch, 5M in four hours, and 2M in two hours  —  Update July 6, 11:45 AM IST: Zuckerberg noted that Threads crossed the milestone of 10 million signups within seven hours of launch. Lees verder op Tech Meme

Christine Hall / TechCrunch: Banking app Clair, which helps employees get paid after finishing a shift, raised $25M led by Thrive Capital and $150M in debt from partner bank Pathward  —  After developing a free earned-wage advance offering for frontline workers two years ago, fintech company Clair is back with a new tool … Lees verder op Tech Meme

Dell Cameron / Wired: A look at a National Defense Authorization Act amendment, which if passed would forbid US government agencies from buying citizens’ search histories and more  —  An amendment to the National Defense Authorization Act would forbid government entities from buying Americans’ search histories, location data, and more. Lees verder op Tech Meme