Tech Meme

Mauro Orru / Wall Street Journal: The EU unveils its AI Continent Action Plan, seeking to compete with the US and China, and says it wants to build “AI gigafactories” with ~100K AI chips  —  The bloc has been lagging behind since OpenAI’s 2022 release of ChatGPT  —  The European Union said it would focus … Lees verder op Tech Meme

Financial Times: How Unitree and other Chinese humanoid startups are competing with those in the US, fueled by cheaper components, rapid innovation, and state-led financing  —  Cheaper components, fast-paced innovation and Beijing-led financing mean lifelike bots could mirror EV success Lees verder op Tech Meme

Moneycontrol: India-based online payments firm Easebuzz raised a $30M Series A led by Bessemer and says revenue grew 2x+ YoY to ~$78M in FY 2025 while it stayed profitable  —  The company’s revenue doubled to Rs 650 crore in FY25, up from Rs 294 crore in the previous fiscal, while maintaining profitability Lees verder op Tech Meme

Abner Li / 9to5Google: Google says Gemini Advanced subscribers can now use Deep Research with Gemini 2.5 Pro Experimental, up from Gemini 2.0 Flash Thinking Experimental in March 2025  —  Gemini Advanced subscribers can now perform Deep Research with Google’s most intelligent 2.5 Pro (experimental) model. Lees verder op Tech Meme

Teresa Xie / Bloomberg: PitchBook: despite a friendlier regulatory environment, crypto VC investments in the US fell 22% QoQ to ~$1.3B in Q1 2025, but rose slightly YoY from $1.1B  —  Despite a friendlier environment for digital assets in the US and globally, crypto venture capital activity has largely remained at a standstill. Lees verder op Tech Meme

Ilya Gridneff / Financial Times: Documents: Canadian telecom Bell is lobbying to block Starlink subsidies, as Canada-US tensions and Elon Musk’s Trump ties put his businesses under scrutiny  —  Rival telecoms group Bell is lobbying for the Musk-owned group to be excluded for financial support for Far North region Lees verder op Tech Meme

Georgia Butler / DatacenterDynamics: Microsoft is backing away from its October 2024 plan to invest $1B in three Ohio data centers, the latest in a string of its data center project cancellations  —  Another data center project bites the dust  —  Microsoft has backed out of plans to build data centers in Licking County, Ohio. Lees verder op Tech Meme

Nikkei Asia: Sources: to offset tariffs, Apple, Dell, and others pressed suppliers to fly as many premium devices as possible to the US, especially those priced above $3,000  —  TAIPEI/PALO ALTO, California — Ever since Donald Trump was elected president back in November, the world’s biggest electronics brands … Lees verder op Tech Meme

Wall Street Journal: X’s merger with xAI caps its yearslong turnaround push; sources say X’s revenue fell to $2.6B in 2024, down from $3B in 2023 and about $4.6B in 2022  —  xAI merger capped social-media company’s yearslong turnaround push  —  A crowd of investors gathered at Morgan Stanley’s New York office … Lees verder op Tech Meme

Ilya Gridneff / Financial Times: Docs: Canadian telecom Bell is lobbying to block Starlink subsidies, as Canada-US tensions and Musk’s Trump ties put his satellite business under more scrutiny  —  Rival telecoms group Bell is lobbying for the Musk-owned group to be excluded for financial support for Far North region Lees verder op Tech Meme