Tech Meme

Gaby Del Valle / The Verge: The FBI reveals it created Ethereum-based token NexFundAI with the help of “cooperating witnesses” to investigate price manipulation in crypto markets  —  The FBI created a cryptocurrency as part of an investigation into price manipulation in crypto markets, the government revealed Wednesday. Lees verder op Tech Meme

Kif Leswing / CNBC: AMD launches the Instinct MI325X GPUs to compete with Nvidia’s upcoming Blackwell chips, and plans to start production before the end of 2024  —  AMD launched a new artificial-intelligence chip on Thursday that is taking direct aim at Nvidia’s data center graphics processors, known as GPUs. Lees verder op Tech Meme

Grace Kay / Business Insider: Four of Musk’s Tesla direct reports, including its CIO and global vehicle automation and safety policy lead, recently resigned, ahead of Tesla’s robotaxi event  —  – Four Tesla execs announced in the past week that they were leaving or had already left the company. Lees verder op Tech Meme

Marina Temkin / TechCrunch: Numeric, which wants to use AI to automate accounting tasks, raised a $28M Series A led by Menlo Ventures, five months after raising a $10M seed  —  Accountants generally dread month-end and quarter-end closings.  That’s because finalizing financial records for a specific period is generally a manual … Lees verder op Tech Meme

Carl Franzen / VentureBeat: Chinese researchers debut AI model Pyramid Flow, which makes a five-second, 384p video in 56 seconds, built using a new technique called pyramidal flow matching  —  The number of AI video generation models continues to grow with a new one, Pyramid Flow, launching this week … Lees verder op Tech Meme

Tim De Chant / TechCrunch: Scope3, which makes tools to monitor the carbon footprint of digital ads, raised $25M led by GV to expand into tools for tracking the environmental cost of AI  —  It was the banana that did it.  —  Brian O’Kelley, who had recently sold his previous startup, ad platform AppNexus … Lees verder op Tech Meme

Katie Roof / Bloomberg: Farther, which makes software for financial advisers, raised $72M led by CapitalG and Viewpoint Ventures at a $542M valuation, taking its total funding to $117M  —  Farther raised $72 million in the new funding round. … Farther Advisors LLC, a startup making technology for financial advisers … Lees verder op Tech Meme

Alexander Sammon / Slate: Despite the fallout from SBF’s political donations, crypto super PAC Fairshake raised $203M, more than others, like runner-up Koch Industries, which raised $26M  —  About a week before the 2022 midterms, FTX, the cryptocurrency exchange founded by billionaire wunderkind Sam Bankman-Fried, began to collapse. Lees verder op Tech Meme

Carl Franzen / VentureBeat: Chinese researchers launch Pyramid Flow, an AI model to make a five-second, 384p video in 56 seconds, built using a new technique called pyramidal flow matching  —  The number of AI video generation models continues to grow with a new one, Pyramid Flow, launching this week … Lees verder op Tech Meme

Martin Coulter / Reuters: Google EMEA President Matt Brittin says he plans to step down after a decade in the post and to continue running operations until a successor is chosen  —  The man charged with overseeing Google’s (GOOGL.O) operations in Europe, the Middle East, and Asia has stepped down after a decade in post. Lees verder op Tech Meme