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South Korea-based internet group Naver plans to release its HyperCLOVA X AI model 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 group Naver plans to release its HyperCLOVA X AI model 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

Filling: Celsius agrees to settle with Series B holders to distribute $25M from the sale of crypto custodian GK8; Galaxy Digital bought GK8 from Celsius in 2022 (Sam Reynolds/CoinDesk) 18-07-2023

Sam Reynolds / CoinDesk: Filling: Celsius agrees to settle with Series B holders to distribute $25M from the sale of crypto custodian GK8; Galaxy Digital bought 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

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

Ingrid Lunden / TechCrunch: Tractable, which develops computer vision and AI tools to remotely assess damage to property and vehicles, 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

Leeds-based chip designer Optalysys, which is developing optical chips that use light instead of electricity to perform calculations, raised a £21M Series A (Tim Bradshaw/Financial Times) 18-07-2023

Tim Bradshaw / Financial Times: Leeds-based chip designer Optalysys, which is developing optical chips that use light instead of electricity to perform calculations, raised a £21M Series A  —  Leeds-based company pushes its innovative technology to unlock one of greatest challenges in data security Lees verder op Tech Meme

The FCC unveils the US Cyber Trust Mark, a voluntary cybersecurity label for smart devices that will signify that devices meet NIST-set security standards (Wes Davis/The Verge) 18-07-2023

Wes Davis / The Verge: The FCC unveils the US Cyber Trust Mark, a voluntary cybersecurity label for smart devices that will signify that devices meet NIST-set security standards  —  The Biden Administration is unveiling a new cybersecurity label for smart devices today.  In a press briefing, Federal Communications Commission … Lees verder op Tech Meme