Reuters: Sources: Samsung’s planned chip plant in Taylor, Texas, will now cost over $25B, up $8B from its initial forecasts, due to inflation and rising material costs  —  A chip plant that South Korea’s Samsung Electronics Co Ltd (005930.KS) is building in Taylor, Texas, will cost … Lees verder op Tech Meme

Taylor Hatmaker / TechCrunch: Twitch CEO Emmett Shear plans to step down after 16 years at the company, replaced by president Dan Clancy; Shear is one of the original founders of Justin.tv  —  After serving as its chief executive for more than a decade, Twitch CEO Emmett Shear will take a step back at the company. Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: Fairmatic, which helps companies manage vehicle insurance by monitoring their fleets, raised $46M led by Battery Ventures, bringing its total funding to $88M  —  With inflation sparking an increase in the cost of repairs, labor and claims, fees for insurance are similarly spiking across the board. Lees verder op Tech Meme

The Verge: Microsoft details Business Chat, part of 365 Copilot, which can summarize meetings, recent customer contacts, calendar entries, and more, similar to Bing’s AI  —  One of the new Copilot AI features coming to Microsoft 365 apps and services is dubbed Business Chat. Lees verder op Tech Meme