Tech Meme

Will Knight / Wired: DeepMind co-founder and CEO Demis Hassabis details Gemini, an upcoming ChatGPT rival meant to combine the strengths of AlphaGo-type systems and those of LLMs  —  Demis Hassabis says the company is working on a system called Gemini that will tap techniques that helped AlphaGo defeat a Go champion in 2016. Lees verder op Tech Meme

Jaspreet Singh / Reuters: US-based chipmaker Wolfspeed says that an Apollo-led group plans to make a $1.25B debt investment, with room for an additional $750M, to support a US expansion  —  Wolfspeed (WOLF.N) said on Monday that a group led by Apollo Global Management (APO.N) would make a debt investment of $1.25 billion … Lees verder op Tech Meme

Alison Sider / Wall Street Journal: Pete Buttigieg warns of possible air travel disruption as airlines face landing restrictions if they don’t retrofit equipment to avoid 5G interference by July 1  —  Airlines have until July 1 to update equipment or face restrictions on landing in poor visibility conditions Lees verder op Tech Meme

Wall Street Journal: Databricks plans to acquire generative AI startup MosaicML in a ~$1.3B deal set to close by July 31; MosaicML debuted in 2021, raised $64M, and has 62 employees  —  The deal aims at connecting businesses’ data with services to help them build their own, cheaper language models, Databricks CEO says Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: IBM plans to acquire Apptio for $4.6B in cash from Vista Equity Partners, which paid $1.94B to take the cloud IT management startup private in November 2018  —  As cloud architecture continues to more ubiquitous among organizations, increasingly what is more apparent is that many organizations … Lees verder op Tech Meme

Jesse Hamilton / CoinDesk: FTX bankruptcy team says the exchange owed customers ~$8.7B after commingling and misusing their deposits, and ~$7B in liquid assets have been recovered so far  —  Commingling and misuse of customer and corporate funds occurred from the inception of FTX, says current CEO John J. Ray III. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: AI-powered analytics startup ThoughtSpot plans to acquire business intelligence startup Mode Analytics for $200M in cash and stock; Mode had raised $81M to date  —  ThoughtSpot, an AI-powered analytics startup, today announced that it’s entered into a definitive agreement to acquire Mode Analytics … Lees verder op Tech Meme

Financial Times: A profile of South Korean engineer Choi Jin-seok, who set out to become a star in China’s chip industry after his career stalled and now faces IP theft charges  —  In 2006, a Korean engineer called Choi Jin-seok achieved a feat that earned him the nickname “master of semiconductor yield”. Lees verder op Tech Meme

Allison Johnson / The Verge: Google Pixel Fold review: nice landscape mode for videos and usable outer display, but it’s heavy, may not be durable, has limited multitasking, and is pricey  —  If you buy something from a Verge link, Vox Media may earn a commission.  See our ethics statement.  —  The Google Pixel Fold is a lot of phone. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: ThoughtSpot, an AI-powered analytics startup, plans to acquire Mode Analytics, a business intelligence startup, for $200M in cash and stock; Mode raised $81M  —  ThoughtSpot, an AI-powered analytics startup, today announced that it’s entered into a definitive agreement to acquire Mode Analytics … Lees verder op Tech Meme