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France plans to use large-scale AI-based video cameras for the 2024 Paris Summer Olympics, potentially becoming the first EU country to legalize AI surveillance (Laura Kayali/Politico) 24-03-2023

Laura Kayali / Politico: France plans to use large-scale AI-based video cameras for the 2024 Paris Summer Olympics, potentially becoming the first EU country to legalize AI surveillance  —  PARIS — France’s AI-powered array of surveillance cameras for the 2024 Paris Summer Olympics cleared a final legislative hurdle on Thursday. Lees verder op Tech Meme

Axios HQ, the software business spun off from Axios in 2022, raised a $20M Series A at a nearly $100M valuation to build communication tools with OpenAI's help (Alexandra Bruell/Wall Street Journal) 24-03-2023

Alexandra Bruell / Wall Street Journal: Axios HQ, the software business spun off from Axios in 2022, raised a $20M Series A at a nearly $100M valuation to build communication tools with OpenAI’s help  —  Axios HQ to use ChatGPT maker OpenAI to improve tools that help clients write emails, headlines Lees verder op Tech Meme

Tether estimates it will make $700M profit in Q1 and will have ~$1.6B in excess reserves to back its USDT stablecoin, the first time it crosses the $1B mark (Arjun Kharpal/CNBC) 24-03-2023

Arjun Kharpal / CNBC: Tether estimates it will make $700M profit in Q1 and will have ~$1.6B in excess reserves to back its USDT stablecoin, the first time it crosses the $1B mark  —  – Cryptocurrency firm Tether estimates it will make $700 million profit in the March quarter, taking its total excess reserves to over $1 billion … Lees verder op Tech Meme

Researcher finds Verification settings in Twitter's app showing it might be working on letting Blue subscribers hide the blue checkmark (Mitchell Clark/The Verge) 24-03-2023

Mitchell Clark / The Verge: Researcher finds Verification settings in Twitter’s app showing it might be working on letting Blue subscribers hide the blue checkmark  —  Twitter may be working on a feature that lets you hide the blue checkmark you got by paying for its Blue subscription. Lees verder op Tech Meme

Binance's public chatrooms show some employees and support volunteers helping customers bypass China's crypto ban, including evading the company's KYC checks (Rohan Goswami/CNBC) 24-03-2023

Rohan Goswami / CNBC: Binance’s public chatrooms show some employees and support volunteers helping customers bypass China’s crypto ban, including evading the company’s KYC checks  —  – Binance founder Changpeng “CZ” Zhao has touted the exchange’s know-your-customer systems, known as KYC, as a billion-dollar effort. Lees verder op Tech Meme

Xiaomi reports Q4 revenue down 22.8% YoY to ~$9.6B and net income down 67.3% to ~$651M; 2022 revenue fell 14.7% to ~$40.7B and net income fell 61.4% to ~$1.2B (Reuters) 24-03-2023

Reuters: Xiaomi reports Q4 revenue down 22.8% YoY to ~$9.6B and net income down 67.3% to ~$651M; 2022 revenue fell 14.7% to ~$40.7B and net income fell 61.4% to ~$1.2B  —  Chinese smartphone maker Xiaomi Corp (1810.HK) on Friday posted a 22.8% drop in fourth-quarter revenue to 66.05 billion yuan ($9.6 billion). Lees verder op Tech Meme

Nasdaq expects its custody services for digital assets to launch in Q2 2023, starting with bitcoin and ether, after announcing the project in September 2022 (Anna Irrera/Bloomberg) 24-03-2023

Anna Irrera / Bloomberg: Nasdaq expects its custody services for digital assets to launch in Q2 2023, starting with bitcoin and ether, after announcing the project in September 2022  —  Nasdaq Inc. expects its custody services for digital assets to launch by the end of the second quarter as it joins a growing pool … Lees verder op Tech Meme

Sources: China released chip investor Chen Datong, detained in 2022 during a chip industry crackdown, as the country seeks experts to navigate western sanctions (Financial Times) 24-03-2023

Financial Times: Sources: China released chip investor Chen Datong, detained in 2022 during a chip industry crackdown, as the country seeks experts to navigate western sanctions  —  Head of Hua Capital released from detention as Beijing seeks expert help to navigate tough western sanctions Lees verder op Tech Meme

ChatGPT set off a VC rush to invest in generative AI startups; PitchBook says AI startup investments grew from $1.5B in 2020 to $5.9B+ since the start of 2022 (Reuters) 24-03-2023

Reuters: ChatGPT set off a VC rush to invest in generative AI startups; PitchBook says AI startup investments grew from $1.5B in 2020 to $5.9B+ since the start of 2022  —  In December and January, several venture capitalists from the U.S. and Britain raced to Paris to vie for a stake … Lees verder op Tech Meme