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Nvidia CEO Jensen Huang's 3.5%+ stake in the company grew from $3B to $90B in five years, as the stock grew 28x in five years and more than doubled this year (Kif Leswing/CNBC) 24-05-2024

Kif Leswing / CNBC: Nvidia CEO Jensen Huang’s 3.5%+ stake in the company grew from $3B to $90B in five years, as the stock grew 28x in five years and more than doubled this year  —  Five years ago, Nvidia CEO Jensen Huang owned a stake in his chipmaker worth roughly $3 billion. Lees verder op Tech Meme

Sources: Nvidia is selling its China-specific H20 chip at a 10%+ discount to Huawei's Ascend 910B, highlighting Nvidia's challenges in China amid US sanctions (Fanny Potkin/Reuters) 24-05-2024

Fanny Potkin / Reuters: Sources: Nvidia is selling its China-specific H20 chip at a 10%+ discount to Huawei’s Ascend 910B, highlighting Nvidia’s challenges in China amid US sanctions  —  Nvidia’s (NVDA.O) most advanced AI chip it developed for the China market has got off to a weak start, with abundant supply forcing … Lees verder op Tech Meme

Email: Foursquare lays off 105 employees as the company seeks to streamline its operations; source: the layoffs represent about 25% of total company employees (Connie Loizos/TechCrunch) 24-05-2024

Connie Loizos / TechCrunch: Email: Foursquare lays off 105 employees as the company seeks to streamline its operations; source: the layoffs represent about 25% of total company employees  —  Foursquare, the location-focused outfit that in 2020 merged with Factual, another location-focused outfit, is joining the parade … Lees verder op Tech Meme

Google invests nearly $350M in Walmart-owned Indian e-commerce startup Flipkart, as part of a ~$1B funding round led by Walmart, which invested $600M in 2023 (Manish Singh/TechCrunch) 24-05-2024

Manish Singh / TechCrunch: Google invests nearly $350M in Walmart-owned Indian e-commerce startup Flipkart, as part of a ~$1B funding round led by Walmart, which invested $600M in 2023  —  Google is investing nearly $350 million in Flipkart, becoming the latest high-profile name to back the Walmart-owned Indian e-commerce startup. Lees verder op Tech Meme

Cohere for AI, the nonprofit research arm of AI startup Cohere, announces the open weights release of Aya 23, a family of multilingual language models (Shubham Sharma/VentureBeat) 24-05-2024

Shubham Sharma / VentureBeat: Cohere for AI, the nonprofit research arm of AI startup Cohere, announces the open weights release of Aya 23, a family of multilingual language models  —  Today, Cohere for AI (C4AI), the non-profit research arm of Canadian enterprise AI startup Cohere, announced the open weights release of Aya 23 … Lees verder op Tech Meme

Ukrainian officials say Russia is deploying more advanced tools to disrupt Starlink, raising questions about its reliability against sophisticated adversaries (New York Times) 24-05-2024

New York Times: Ukrainian officials say Russia is deploying more advanced tools to disrupt Starlink, raising questions about its reliability against sophisticated adversaries  —  Russia has deployed advanced tech to interfere with Elon Musk’s satellite internet service, Ukrainian officials said … Lees verder op Tech Meme