Tech Meme

Jon Victor / The Information: UK filings: Google DeepMind’s operating profit rose 91% YoY to £136M in 2023, after Google Brain merger; Alphabet’s Isomorphic Labs had £60.4M loss, up 3x+ YoY  —  Source:  —  Operating profit at Google’s AI research unit, DeepMind, increased 91% last year to 136 million pounds … Lees verder op Tech Meme

Michael Nuñez / VentureBeat: Anthropic updates its Responsible Scaling Policy, setting benchmarks for when an AI model’s abilities reach a point where additional safeguards are necessary  —  Anthropic, the artificial intelligence company behind the popular Claude chatbot, today announced a sweeping update … Lees verder op Tech Meme

Dave Sebastian / Bloomberg: Overseas share sales by Taiwanese companies, led by chipmakers and hardware manufacturers, have totalled $2.9B so far in 2024, on track for the most since 2007  —  – Share sales by Taiwan firms abroad totalled $2.9 billion  — Hon Hai among issuers seeking cash to fund capacity expansion Lees verder op Tech Meme

Prarthana Prakash / Fortune: Amsterdam-based Tebi, a payments app aimed at independent businesses like bars and cafes, raised a €20M Series A led by Index Ventures  —  Tebi was founded in 2021.  —  One of the founders of Dutch fintech star Adyen, Arnout Schuijff, has been quietly building out his next startup since leaving … Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Dane Stuckey, the former CISO of Palantir, joins OpenAI as its CISO and will serve alongside OpenAI head of security Matt Knight  —  Dane Stuckey, the former CISO of analytics firm Palantir, has joined OpenAI as its newest CISO, serving alongside OpenAI head of security Matt Knight. Lees verder op Tech Meme

Michael Nuñez / VentureBeat: Anthropic updates its Responsible Scaling Policy, setting benchmarks for when an AI model’s abilities reach a point where additional safeguards are necessary  —  Anthropic, the artificial intelligence company behind the popular Claude chatbot, today announced a sweeping update … Lees verder op Tech Meme

Bloomberg: Filing: Elon Musk poured ~$75M into his pro-Trump America PAC, making seven donations between July 3 and September 5; Musk was the PAC’s only donor  —  – Disclosure is first look into Musks’ donations to Trump group  — Super PAC spent $69 million to bolster Trump’s ground game Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Xscape, which develops data center interconnects using silicon photonics, raised a $44M Series A led by IAG Capital Partners, taking its total funding to $57M  —  The GPUs and other chips used to train AI communicate with each other inside data centers through “interconnects.” Lees verder op Tech Meme

P.R. Venkat / Wall Street Journal: Filing: Chinese smart-driving company Horizon Robotics is targeting to raise ~$700M in its Hong Kong IPO; Alibaba and Baidu are among its cornerstone investors  —  Alibaba, Baidu, and state-owned Beijing Financial Holdings are among the cornerstone investors who have agreed to take over 30% of Horizon Robotics’ shares ahead of the IPO Lees verder op Tech Meme

Michael Nuñez / VentureBeat: Anthropic updates its Responsible Scaling Policy, setting benchmarks for when an AI model’s abilities reach a point where additional safeguards are necessary  —  Anthropic, the artificial intelligence company behind the popular Claude chatbot, today announced a sweeping update … Lees verder op Tech Meme