Tech Meme

Bloomberg: Sources: Stable Diffusion creator Stability AI seeks to raise money at around a $4B valuation after raising a $101M seed at a ~$1B valuation in October 2022  —  With artificial intelligence booming, one key player in the fast-growing space is talking to investors about raising more money … Lees verder op Tech Meme

Paul Alcorn / Tom’s Hardware: Intel moves to a two-year cadence for data center GPU releases, canceling the Rialto Bridge series and delaying its next release, Falcon Shores, to 2025  —  Intel takes its GPU ambitions down a notch.  —  Image 1 of 2  —  Intel’s VP and GM of the super compute group announced today via … Lees verder op Tech Meme

Cristiano Lima / Washington Post: Sources: Google hired a law firm for a civil rights and racial equity audit into its services and policies, after years of pressure from advocates and Democrats  —  Advocacy groups have long called on the tech giant to follow companies like Meta and Apple and vet its products for racial biases. Lees verder op Tech Meme

Financial Times: Sources: Character.AI, which uses LLMs to let users chat with famous people like Shakespeare, raised between $200M and $250M led by a16z at a ~$1B valuation  —  Pioneering tech venture capital firm makes first big foray into generative artificial intelligence sector Lees verder op Tech Meme

Mitchell Clark / The Verge: One month after Elon Musk said Twitter started sharing ad revenue from reply threads with users who pay for Twitter Blue, Twitter has yet to provide any details  —  “Starting today, Twitter will share ad revenue with creators for ads that appear in their reply threads,” he said … Lees verder op Tech Meme

Annie Palmer / CNBC: Amazon plans to close eight Go convenience stores in Seattle, NYC, and San Francisco, as the company reevaluates its brick-and-mortar strategy and cuts costs  —  – Amazon is closing eight Go convenience stores in Seattle, New York City and San Francisco.  — The company had previously announced … Lees verder op Tech Meme

Annie Palmer / CNBC: Amazon plans to close eight Go convenience stores in Seattle, New York City, and San Francisco, as it reevaluates its brick-and-mortar strategy and cuts costs  —  – Amazon is closing eight Go convenience stores in Seattle, New York City and San Francisco.  — The company had previously announced … Lees verder op Tech Meme

Martin Coulter / Reuters: TikTok told Ofcom the company blocked ~180K underage UK accounts a month from April 2021 to April 2022; Snap removed ~60 and stopped thousands of new accounts  —  Snapchat (SNAP.N) is kicking dozens of children in Britain off its platform each month compared with tens of thousands blocked by rival TikTok … Lees verder op Tech Meme

James Hale / Tubefilter: London-based Electrify Video Partners, which invests in, and acquires, established YouTube channels “with a solid income”, raised $50M led by MEP Capital  —  Electrify Video Partners has raised $50 million to invest in and acquire YouTube channels. Lees verder op Tech Meme

Wall Street Journal: Internal docs detail efforts by Tether Holdings and Bitfinex to maintain access to the global banking system by using shadowy intermediaries and shell companies  —  Tether Holdings and related crypto broker obscured identities, documents show  —  In late 2018, the companies behind … Lees verder op Tech Meme