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Media monitoring and analytics firm Meltwater raises ~$65M from PE firm Verdane for an 11% stake at a $592M valuation, down from $1B+ valuation in December 2020 (Ingrid Lunden/TechCrunch) 20-12-2023

Ingrid Lunden / TechCrunch: Media monitoring and analytics firm Meltwater raises ~$65M from PE firm Verdane for an 11% stake at a $592M valuation, down from $1B+ valuation in December 2020  —  Meltwater, which first made its name around media monitoring and then got active in business intelligence using AI … Lees verder op Tech Meme

Researchers say AI robot CyberRunner outmaneuvers humans in the maze game Labyrinth, in a breakthrough for AI beating humans at direct physical applications (Saritha Rai/Bloomberg) 20-12-2023

Saritha Rai / Bloomberg: Researchers say AI robot CyberRunner outmaneuvers humans in the maze game Labyrinth, in a breakthrough for AI beating humans at direct physical applications  —  – Robot learned in record time to guide a ball through a maze  — The AI robot used two knobs to manipulate playing surface Lees verder op Tech Meme

A profile of PDD, the parent of Pinduoduo and Temu, which has grown rapidly since its founding in 2015 despite allegations over malware and counterfeit goods (Cissy Zhou/Nikkei Asia) 20-12-2023

Cissy Zhou / Nikkei Asia: A profile of PDD, the parent of Pinduoduo and Temu, which has grown rapidly since its founding in 2015 despite allegations over malware and counterfeit goods  —  Efforts to surpass Alibaba at home and chase Amazon abroad come with human cost  —  HONG KONG — It was 2006 … Lees verder op Tech Meme

NIST seeks public input by February 2, 2024 for setting guidelines in order to evaluate the safety of generative AI systems as directed by President Biden's EO (David Shepardson/Reuters) 20-12-2023

David Shepardson / Reuters: NIST seeks public input by February 2, 2024 for setting guidelines in order to evaluate the safety of generative AI systems as directed by President Biden’s EO  —  The Biden administration said on Tuesday it was taking the first step toward writing key standards and guidance for the safe deployment … Lees verder op Tech Meme

Google introduces a range of new features and updates for Google Maps in India, including Live View walking navigation, ML-powered Address Descriptors, and more (Jagmeet Singh/TechCrunch) 20-12-2023

Jagmeet Singh / TechCrunch: Google introduces a range of new features and updates for Google Maps in India, including Live View walking navigation, ML-powered Address Descriptors, and more  —  Google Tuesday introduced a range of new features and updates for its mapping service in India as it wraps up for the year and sets the base for the coming year. Lees verder op Tech Meme

Sources: AWS plans to overhaul its 60K-person sales team and aims to increase the share of Fortune 1,000 companies spending $10M+/year from less than 20% to 80% (Anissa Gardizy/The Information) 20-12-2023

Anissa Gardizy / The Information: Sources: AWS plans to overhaul its 60K-person sales team and aims to increase the share of Fortune 1,000 companies spending $10M+/year from less than 20% to 80%  —  Matt Garman, head of sales at Amazon Web Services, plans to reorganize his more than 60,000-person team to address problems … Lees verder op Tech Meme

Pharmacy chain Rite Aid must stop using facial recognition for five years as part of a settlement with the US FTC, which says the tech falsely flagged customers (Leah Nylen/Bloomberg) 20-12-2023

Leah Nylen / Bloomberg: Pharmacy chain Rite Aid must stop using facial recognition for five years as part of a settlement with the US FTC, which says the tech falsely flagged customers  —  – FTC says chain’s surveillance system falsely flagged customers  — Bankrupt pharmacy chain will stop using system, delete images Lees verder op Tech Meme