Tech Meme

Tiyashi Datta / Reuters: Accenture plans to invest $1B over three years in its data and AI practice, aiming for 80,000 staff working on AI, after laying off 19,000 in March  —  Accenture said on Tuesday it will invest $3 billion over three years into its data and AI practice, doubling the number of employees … Lees verder op Tech Meme

Gavin Bonshor / AnandTech: AMD announces the Ryzen Pro 7000 for desktop and Ryzen Pro 7040 HS and 7040 U for mobile, adding an integrated Ryzen AI block on select models and Zen 4 cores  —  As is a constant whenever AMD launches their latest desktop and mobile processors, they typically deploy and release a professional … Lees verder op Tech Meme

Wall Street Journal: Sources: Microsoft and OpenAI’s unusual deal created internal conflict, including over transparency, sales pitches, and Microsoft’s spending on in-house AI  —  As the companies lead the AI boom, their unconventional arrangement sometimes causes conflict  —  Microsoft and OpenAI’s partnership … Lees verder op Tech Meme

Sam Kessler / CoinDesk: Uniswap Labs details Uniswap v4, the next version of the decentralized exchange, and invites feedback; Uniswap v3 launched in 2021 and has processed over $1T  —  The biggest decentralized crypto exchange is opening its development process to the public for the first time as the SEC cracks down on its centralized competitors. Lees verder op Tech Meme

Ivan Mehta / TechCrunch: YouTube lowers requirements to monetize under the Partner Program, including creators only needing 500 subscribers, down from 1,000, and fewer watch hours  —  YouTube is lowering the requirements for creators to get access to monetization tools under the YouTube Partner Program (YPP). Lees verder op Tech Meme

Casey Newton / Platformer: Reddit’s API changes stem from LLMs driving up the value of its data, a long-planned IPO, and profitable third-party clients generating no revenue for Reddit  —  As it moves to shut down third-party apps, the site’s self-governing ethos comes back to haunt it  —  I. Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Austin-based Striveworks, which is building MLOps tools for training models and data cleaning, raised $33M from Centana Growth, its first outside funding  —  MLOps, or DevOps for those working with machine learning models, has seen a boom of interest in the last year, and that should come as no surprise … Lees verder op Tech Meme

Vishal Chawla / The Block: SDNY releases documents in which an ex-SEC director suggested ether and bitcoin were not securities in 2018, which crypto advocates say undermines the SEC  —  David Paul Morris/Bloomberg via Getty Images  — Certain documents related to former SEC director William Hinman have been released in the SEC’s lawsuit against Ripple Labs. Lees verder op Tech Meme

Financial Times: Saudi Arabia’s Savvy Games Group has spent ~$8B of its $38B war chest acquiring and building stakes in gaming companies globally in the past 18 months  —  Savvy shells out $8bn on deals in 18 months in rapid push to diversify revenues and acquire soft power Lees verder op Tech Meme

Financial Times: Investor letter: Insight Partners slashes the $20B target for its latest fund to $15B, after raising just $2B since June 2022, citing a “great reset in tech”  —  New York-based venture capital firm said it will scale back the pace of its dealmaking as valuations have slumped Lees verder op Tech Meme