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

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

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

David Yaffe-Bellany / New York Times: How Ryan Salame, an FTX executive who gave millions to GOP politicians, and Michelle Bond, who ran for Congress, went from crypto power couple to facing prison  —  Ryan Salame, an FTX executive, and Michelle Bond, a crypto policy advocate, were once a Washington power couple.  Now they both face prison time. Lees verder op Tech Meme

Margaux MacColl / TechCrunch: An interview with Shield AI co-founder Brandon Tseng on the startup’s mission of building “the world’s best AI pilot”, the ethics of military AI use, and more  —  About two months ago, Shield AI co-founder Brandon Tseng and one of his employees were in an Uber weaving through Kyiv, Ukraine. Lees verder op Tech Meme

Helen Reid / Reuters: Ecommerce Europe expects 2024 e-commerce turnover in Europe, including the UK, to rise 8% YoY to €958B, the first inflation-adjusted growth year since 2021  —  Recovering consumer confidence has boosted online shopping in Europe this year, industry group Ecommerce Europe said on Wednesday … Lees verder op Tech Meme