Tech Meme

Lauren Faith Lau / Bloomberg: DeepSeek’s rise has turned the spotlight on its hometown, Hangzhou, the capital of the Zhejiang province, which has earmarked ~$13.7B to fund tech companies  —  Plus: The struggle over improving 7-Eleven, and how Silicon Valley swung to Trump. … There’s Shenzhen, whose designation … Lees verder op Tech Meme

Michael Nuñez / VentureBeat: Perplexity releases Deep Research, offering five queries daily to free users and 500 to subscribers, available now on the web and soon on iOS, Android, and Mac  —  Perplexity shattered the artificial intelligence market’s status quo today by launching Deep Research, a tool … Lees verder op Tech Meme

Olga Kharif / Bloomberg: The website of President Trump’s World Liberty Financial shows the crypto project sold 24B+ of its 25B WLFI tokens after a slow start, implying sales of $1.25B  —  – The project has sold more than 24 billion tokens so far  — Chinese crypto entrepreneur Justin Sun is a project investor Lees verder op Tech Meme

Hugh Son / CNBC: Zelle’s payment volume crossed $1T in 2024, the most ever for a P2P platform, user base jumped 12% YoY to 151M accounts, and the total dollars sent grew 27% YoY  —  Zelle, the payments network run by banks-owned Early Warning Services, crossed $1 trillion in total volumes last year … Lees verder op Tech Meme

Lucy Adams / Tech.eu: Fal.ai, a Turkish startup specializing in AI-generated media for enterprise use, raised a $49M Series B led by Notable Capital, taking its total funding to $72M  —  The funding will support infrastructure expansion, a model marketplace, and team growth.  —  Turkish mediatech startup … Lees verder op Tech Meme

The Information: Sources: Anthropic expects to burn $3B in 2025, down from $5.6B in 2024, and make up to $3.7B in revenue in 2025, as it seeks to catch up with OpenAI  —  After burning $5.6 billion in cash last year, Anthropic said it would reduce that amount by nearly half in 2025 and projected up to $3.7 billion … Lees verder op Tech Meme

Michael Nuñez / VentureBeat: Perplexity releases Deep Research, offering five queries daily to free users and 500 to subscribers, available now on the web and soon on iOS, Android, and Mac  —  Perplexity shattered the artificial intelligence market’s status quo today by launching Deep Research, a tool … Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Identity security startup SGNL, which lets enterprises enforce policies in real-time for privileged access to systems, raised a $30M Series A led by Brightmind  —  Security experts often describe identity as the “new perimeter” in the world of security: in the world of cloud services … Lees verder op Tech Meme

Lauren Faith Lau / Bloomberg: DeepSeek’s rise has the turned the spotlight on its hometown, Hangzhou, the capital of the Zhejiang province, which has earmarked ~$13.7B to fund tech companies  —  Plus: The struggle over improving 7-Eleven, and how Silicon Valley swung to Trump. … There’s Shenzhen, whose designation … Lees verder op Tech Meme

Sharon Goldman / Fortune: Harvey, which builds generative AI tools for law firms, raised a $300M Series D led by Sequoia at a $3B valuation; CEO Winston Weinberg says ARR surpassed $50M  —  Harvey, a San Francisco AI startup focused on the legal industry, has raised $300 million in a funding round led by Sequoia … Lees verder op Tech Meme