Tech Meme

Kotaro Hosokawa / Nikkei Asia: South Korea-based internet giant Naver plans to release its AI model HyperCLOVA X this summer, as Google cuts into its core domestic search engine business  —  Partnership with Samsung to develop chips for data processing servers  —  Naver is leveraging a massive database of Korean-language content … Lees verder op Tech Meme

Carl Franzen / VentureBeat: OpenAI partners with the American Journalism Project to access content to train its AI model in exchange for $5M in funding and $5M in developer credits  —  OpenAI isn’t done making waves in the media industry — far from it.  —  The Sam Altman-led private company behind ChatGPT … Lees verder op Tech Meme

Hannah Miller / Bloomberg: Futureverse, a combination of 11 different startups from sectors including blockchain, AI, the metaverse, and gaming, raised a $54M Series A led by 10T Holdings  —  The startup formed out of a merger of 11 different companies.  —  An unusual company straddling a range of industries … Lees verder op Tech Meme

Will Shanklin / Engadget: Microsoft announces Copilot for Microsoft 365 pricing to cost $30 per user for business accounts, and unveils Bing Chat Enterprise with increased privacy  —  A version of Bing Chat with corporate-level privacy is also rolling out in preview.  —  At the Microsoft Inspire partner event today … Lees verder op Tech Meme

Dustin Volz / Wall Street Journal: The Biden administration adds European spyware companies Intellexa and Cytrox to its entity list, blocking them from US tech, as hacking tool concerns grow  —  Biden administration bans Cytrox and Intellexa from receiving U.S. technology amid rising concern over hacking tools Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Hammerspace, which sells data orchestration systems to Blue Origin, NSF, Royal Caribbean Group, and others, raised $56.7M led by Aramco’s Prosperity7 Ventures  —  Data may be “the new oil,” but only when it can be extracted and put to use.  Today, a five year-old startup called Hammerspace … Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: UK-based Netcraft raised $100M led by Spectrum Equity, the cybercrime detection company’s first fundraising since its founding in 1995  —  After years of growth, funding for cybersecurity startups is beginning to slow down, a symptom of the broader economic malaise and — perhaps — market oversaturation. Lees verder op Tech Meme

Inti Landauro / Reuters: Spain’s antitrust watchdog fines Amazon and Apple a combined €194M for limiting the sale of devices from Apple and competitors on Amazon’s Spanish sites  —  Spain’s antitrust watchdog CNMC on Tuesday said it had imposed fines worth 194 million euros ($218.2 million) in total on Amazon … Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: London-based Tractable, which uses computer vision and AI to remotely assess property and vehicle damage, raised a $65M Series E led by SoftBank Vision Fund 2  —  When it comes to transforming business operations, artificial intelligence holds a lot of promise across many industries. Lees verder op Tech Meme

Sam Reynolds / CoinDesk: Filing: Celsius settles with Series B holders to distribute $25M of proceeds from selling crypto custodian GK8; Galaxy Digital acquired GK8 from Celsius in 2022  —  Mike Novogratz’s Galaxy Digital purchased self-custody platform GK8 from Celsius in December as part of bankruptcy proceedings. Lees verder op Tech Meme