Thursday, August 5, 2021

Source: ByteDance has laid off hundreds of employees working on its online education businesses, following China's crackdown on the sector (Zheping Huang/Bloomberg)

Zheping Huang / Bloomberg:
Source: ByteDance has laid off hundreds of employees working on its online education businesses, following China's crackdown on the sector  —  - It's shutting one service while pivoting others to comply  — China's new online tutoring curbs include a ban on profits



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London-based Agon, which is developing sovereign AI training infrastructure for European defense, emerges from stealth with a $7M pre-seed and a $23M seed (Ingrid Lunden/Resilience Media)

Ingrid Lunden / Resilience Media : London-based Agon, which is developing sovereign AI training infrastructure for European defense, emer...