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Austin-based 8fig, which plans to sell an AI-powered “C-suite” to e-commerce firms, starting with an AI CFO, raised a $40M Series B and a $100M credit facility (Christine Hall/TechCrunch) 09-05-2023

Christine Hall / TechCrunch: Austin-based 8fig, which plans to sell an AI-powered “C-suite” to e-commerce firms, starting with an AI CFO, raised a $40M Series B and a $100M credit facility  —  E-commerce businesses don’t often build big companies: they might be big in revenue, but remain lean in headcount. Lees verder op Tech Meme

General Motors hires former Apple VP Mike Abbott to lead a newly created software unit starting on May 22; Abbott was VP of Engineering for Apple Cloud Services (Michael Wayland/CNBC) 09-05-2023

Michael Wayland / CNBC: General Motors hires former Apple VP Mike Abbott to lead a newly created software unit starting on May 22; Abbott was VP of Engineering for Apple Cloud Services  —  – General Motors has hired former Apple executive Mike Abbott to lead a newly created software unit for the Detroit automaker. Lees verder op Tech Meme

Meta unveils ImageBind, an open-source AI model combining text, audio, visual, depth, thermal, and movement data, as rivals OpenAI and Google get more secretive (James Vincent/The Verge) 09-05-2023

James Vincent / The Verge: Meta unveils ImageBind, an open-source AI model combining text, audio, visual, depth, thermal, and movement data, as rivals OpenAI and Google get more secretive  —  Meta has announced a new open-source AI model that links together multiple streams of data, including text, audio, visual data, temperature, and movement readings. Lees verder op Tech Meme

TSMC's plan to build a German fab focusing on 28nm chips makes more sense than its US foray, as a way to meet automotive industry demand and political pressure (Tim Culpan/Bloomberg) 09-05-2023

Tim Culpan / Bloomberg: TSMC’s plan to build a German fab focusing on 28nm chips makes more sense than its US foray, as a way to meet automotive industry demand and political pressure  —  It looks increasingly likely that Taiwan Semiconductor Manufacturing Co. will proceed with a factory in Europe … Lees verder op Tech Meme

Carriers in dozens of US states are tearing out Chinese equipment, a difficult process the FCC says has already cost $5B+, well over the $1.9B reimbursement pot (Cecilia Kang/New York Times) 09-05-2023

Cecilia Kang / New York Times: Carriers in dozens of US states are tearing out Chinese equipment, a difficult process the FCC says has already cost $5B+, well over the $1.9B reimbursement pot  —  As China and the United States jockey for tech primacy, wireless carriers in dozens of states are tearing out Chinese equipment. Lees verder op Tech Meme

OpenAI releases research and an open-source tool that uses GPT-4 to try to explain the behavior of GPT-2's “neurons” (Kyle Wiggers/TechCrunch) 09-05-2023

Kyle Wiggers / TechCrunch: OpenAI releases research and an open-source tool that uses GPT-4 to try to explain the behavior of GPT-2’s “neurons”  —  It’s often said that large language models (LLMs) along the lines of OpenAI’s ChatGPT are a black box, and certainly, there’s some truth to that. Lees verder op Tech Meme