Kate Park / TechCrunch: Tokyo-based Telexistence, which develops AI-powered robotic arms for retail and logistics, raised a $170M Series B from SoftBank, Airbus Ventures, and others  —  SoftBank is backing Japanese robotics startup Telexistence, making good on the tech giant’s recent pledge to go back on the investment offensive … Lees verder op Tech Meme

Bloomberg: A test by the New York Fed and big banks on a private blockchain finds tokenized deposits can improve wholesale payments without “insuperable legal impediments”  —  A monthslong test with some of the world’s largest banks found that digital dollars could be an effective … Lees verder op Tech Meme

Kyle Wiggers / TechCrunch: DigitalOcean plans to acquire NYC-based Paperspace, which offers cloud computing for AI models, for $111M in cash; Paperspace had raised $35M from YC and others  —  DigitalOcean, the cloud hosting business, today announced that it’s agreed to acquire Paperspace, a New York-based cloud computing … Lees verder op Tech Meme

Bloomberg: A profile of ex-FTX Chief Regulatory Officer Daniel Friedberg, who had a complex role at FTX that went far beyond legal advice and has no cooperation agreement  —  He was the ultimate crypto cleaner – a lawyer, fixer and more for Sam Bankman-Fried and his FTX business empire. Lees verder op Tech Meme

Taylor Hatmaker / TechCrunch: Mark Zuckerberg says Threads now has over 30M signups, up from 10M within seven hours of launch, 5M in four hours, and 2M in two hours  —  Update July 6, 11:45 AM IST: Zuckerberg noted that Threads crossed the milestone of 10 million signups within seven hours of launch. Lees verder op Tech Meme