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South Korea-based internet giant Naver plans to release its AI model HyperCLOVA X this summer, as Google cuts into its core domestic search engine business (Kotaro Hosokawa/Nikkei Asia) 18-07-2023

Kotaro Hosokawa / Nikkei Asia: South Korea-based internet giant Naver plans to release its AI model HyperCLOVA X this summer, as Google cuts into its core domestic search engine business  —  Partnership with Samsung to develop chips for data processing servers  —  Naver is leveraging a massive database of Korean-language content … Lees verder op Tech Meme

Filing: Celsius settles with Series B holders to distribute $25M of proceeds from selling crypto custodian GK8; Galaxy Digital acquired GK8 from Celsius in 2022 (Sam Reynolds/CoinDesk) 18-07-2023

Sam Reynolds / CoinDesk: Filing: Celsius settles with Series B holders to distribute $25M of proceeds from selling crypto custodian GK8; Galaxy Digital acquired GK8 from Celsius in 2022  —  Mike Novogratz’s Galaxy Digital purchased self-custody platform GK8 from Celsius in December as part of bankruptcy proceedings. Lees verder op Tech Meme

London-based Tractable, which uses computer vision and AI to remotely assess property and vehicle damage, raised a $65M Series E led by SoftBank Vision Fund 2 (Ingrid Lunden/TechCrunch) 18-07-2023

Ingrid Lunden / TechCrunch: London-based Tractable, which uses computer vision and AI to remotely assess property and vehicle damage, raised a $65M Series E led by SoftBank Vision Fund 2  —  When it comes to transforming business operations, artificial intelligence holds a lot of promise across many industries. Lees verder op Tech Meme

Spain's antitrust watchdog fines Amazon and Apple a combined €194M for limiting the sale of devices from Apple and competitors on Amazon's Spanish sites (Inti Landauro/Reuters) 18-07-2023

Inti Landauro / Reuters: Spain’s antitrust watchdog fines Amazon and Apple a combined €194M for limiting the sale of devices from Apple and competitors on Amazon’s Spanish sites  —  Spain’s antitrust watchdog CNMC on Tuesday said it had imposed fines worth 194 million euros ($218.2 million) in total on Amazon … Lees verder op Tech Meme

UK-based Netcraft raised $100M led by Spectrum Equity, the cybercrime detection company's first fundraising since its founding in 1995 (Kyle Wiggers/TechCrunch) 18-07-2023

Kyle Wiggers / TechCrunch: UK-based Netcraft raised $100M led by Spectrum Equity, the cybercrime detection company’s first fundraising since its founding in 1995  —  After years of growth, funding for cybersecurity startups is beginning to slow down, a symptom of the broader economic malaise and — perhaps — market oversaturation. Lees verder op Tech Meme