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

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

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

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