Meir Orbach / CTech:
Israel-based Anchor, a platform for automated invoice management and collection, raised a $20M Series A, and plans to expand in the US and double its workforce — The company, which saw 500% growth in 2024, plans to expand in the U.S. and double its workforce. — Anchor — Funding — Fintech
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Friday, January 31, 2025
Israel-based Anchor, a platform for automated invoice management and collection, raised a $20M Series A, and plans to expand in the US and double its workforce (Meir Orbach/CTech)
A close look at DeepSeek, which is estimated to have access to ~50K Hopper GPUs, a total server capex of ~$1.3B, and a GPU spend of $500M+ over its history (Dylan Patel/SemiAnalysis)
Dylan Patel / SemiAnalysis:
A close look at DeepSeek, which is estimated to have access to ~50K Hopper GPUs, a total server capex of ~$1.3B, and a GPU spend of $500M+ over its history — The DeepSeek Narrative Takes the World by Storm — DeepSeek took the world by storm. For the last week, DeepSeek has been the only topic …
Adobe Chief Strategy Officer Scott Belsky leaves the company to join A24 film studio as a partner; he co-founded Behance, which Adobe acquired for $150M in 2012 (Todd Spangler/Variety)
Todd Spangler / Variety:
Adobe Chief Strategy Officer Scott Belsky leaves the company to join A24 film studio as a partner; he co-founded Behance, which Adobe acquired for $150M in 2012 — Belsky is an entrepreneur, author and creator who in 2006 founded Behance, an online platform that is used by more than 50 million professionals …
Thursday, January 30, 2025
How Epic is transforming Fortnite into a content platform, paying $350M to creators in 2024; 36.5% of the total playtime was spent in games made by creators (Julia Alexander/Posting Nexus)
Julia Alexander / Posting Nexus:
How Epic is transforming Fortnite into a content platform, paying $350M to creators in 2024; 36.5% of the total playtime was spent in games made by creators — What are creator made islands competing for players' attention if nothing but decentralized channels in a centralized ecosystem?
STMicro reports Q4 revenue down 22.4% YoY to $3.32B, net income down 68.3% YoY to $341M, and projects Q1 revenue down 27.6% YoY to $2.51B, below $2.72B est. (Reuters)
Reuters:
STMicro reports Q4 revenue down 22.4% YoY to $3.32B, net income down 68.3% YoY to $341M, and projects Q1 revenue down 27.6% YoY to $2.51B, below $2.72B est. — STMicroelectronics (STMPA.PA), one of Europe's largest chipmakers, said on Thursday it expected sales to fall further in the first quarter of 2025 …
Wednesday, January 29, 2025
A look at Huawei's HarmonyOS Next, a China-only OS decoupled from Android that is still missing many third-party apps, despite supporting some key ones in China (Bloomberg)
Bloomberg:
A look at Huawei's HarmonyOS Next, a China-only OS decoupled from Android that is still missing many third-party apps, despite supporting some key ones in China — New HarmonyOS software is of existential importance to China's tech champion. — Huawei Technologies Co.'s ambition …
A look at MrDeepFakes, a site with obscure ownership that hosts non-consensual deepfake porn, has close to 650K members, and gets millions of visits per month (bellingcat)
bellingcat:
A look at MrDeepFakes, a site with obscure ownership that hosts non-consensual deepfake porn, has close to 650K members, and gets millions of visits per month — This article is the result of a collaboration with German YouTube channel STRG_F. You can watch their documentary here.
Tuesday, January 28, 2025
DeepSeek says it used Nvidia H800 chips, available in China until October 2023, to train R1, suggesting future models could be hampered by US export controls (Bloomberg)
Bloomberg:
DeepSeek says it used Nvidia H800 chips, available in China until October 2023, to train R1, suggesting future models could be hampered by US export controls — - Nvidia calls R1 an ‘excellent’ advance that meets US limits — Trump says release should be a ‘wake-up call’ for US companies
EU appeals hearing: Google accuses the EC of making "grave errors" in its Android investigation that led to a record €4.3B fine; EU lawyers defended the case (Samuel Stolton/Bloomberg)
Samuel Stolton / Bloomberg:
EU appeals hearing: Google accuses the EC of making “grave errors” in its Android investigation that led to a record €4.3B fine; EU lawyers defended the case — - EU's top court weighs in on bloc's biggest ever antitrust fine — Lower-tier court earlier cut fine down to €4.1 billion
SAP reports Q4 cloud revenue up 27% YoY to €4.71B, above €4.68B est., driven by AI demand, names a suite of new executives, and plans to simplify its strategy (Christina Kyriasoglou/Bloomberg)
Christina Kyriasoglou / Bloomberg:
SAP reports Q4 cloud revenue up 27% YoY to €4.71B, above €4.68B est., driven by AI demand, names a suite of new executives, and plans to simplify its strategy — - Cloud revenue grew 27% last quarter from a year earlier — The company named new marketing, technology leadership
Monday, January 27, 2025
How DeepSeek outpaced OpenAI at 3% of the cost: open-source approach, pure reinforcement learning, not supervised fine-tuning, and building on DeepSeek-R1-Zero (Matt Marshall/VentureBeat)
Matt Marshall / VentureBeat:
How DeepSeek outpaced OpenAI at 3% of the cost: open-source approach, pure reinforcement learning, not supervised fine-tuning, and building on DeepSeek-R1-Zero — DeepSeek R1's Monday release has sent shockwaves through the AI community, disrupting assumptions about what's required to achieve cutting-edge AI performance.
A look at the surveillance tech that could power Trump's immigration crackdown; a review of 15K+ contracts shows ICE and USCIS spent $7.8B on tech since 2020 (New York Times)
New York Times:
A look at the surveillance tech that could power Trump's immigration crackdown; a review of 15K+ contracts shows ICE and USCIS spent $7.8B on tech since 2020 — Border enforcement agencies have spent billions assembling surveillance tools to track and find people.
US tech stocks fell sharply pre-market over DeepSeek concerns, with NVDA down 8%+ and META and MSFT down 3%; ASML fell 9%+; Japanese chip companies also dropped (Financial Times)
Financial Times:
US tech stocks fell sharply pre-market over DeepSeek concerns, with NVDA down 8%+ and META and MSFT down 3%; ASML fell 9%+; Japanese chip companies also dropped — Start-up's model raises questions about need for huge western hardware investment — Tech stocks fell sharply on Monday …
Sunday, January 26, 2025
A look at the growing prevalence of LLM-written posts that have been backdated and attributed to human authors on Physics Forums, which was founded in 2001 (Hall of Impossible Dreams)
Hall of Impossible Dreams:
A look at the growing prevalence of LLM-written posts that have been backdated and attributed to human authors on Physics Forums, which was founded in 2001 — What Internet Will Look Like in the Future — cripes does anybody remember Google People — Does anybody remember PhysicsForums?
Trump denies talks with Oracle about a TikTok deal, says "I have spoken to many people about TikTok" and expects a decision in the next 30 days (Reuters)
Reuters:
Trump denies talks with Oracle about a TikTok deal, says “I have spoken to many people about TikTok” and expects a decision in the next 30 days — U.S. President Donald Trump said on Saturday he was in talks with multiple people over buying TikTok and would likely have a decision …
Chinese esports companies, including Tencent and Huya, face growth challenges in China, the world's biggest esports market; the industry earned ~$3.8B in 2024 (Wataru Suzuki/Nikkei Asia)
Wataru Suzuki / Nikkei Asia:
Chinese esports companies, including Tencent and Huya, face growth challenges in China, the world's biggest esports market; the industry earned ~$3.8B in 2024 — BEIJING — One chilly Saturday evening late last year, 33,000 people gathered at Beijing Workers' Stadium to watch …
Major Chinese social media apps have mastered the "shoppertainment" experience, blending social media with shopping, that Western competitors struggle to match (Rest of World)
Rest of World:
Major Chinese social media apps have mastered the “shoppertainment” experience, blending social media with shopping, that Western competitors struggle to match — Addictive algorithms fuse social networking with shopping and entertainment. — In the days leading …
Saturday, January 25, 2025
Some crypto executives worry Trump's memecoin undercut the industry's credibility at the very moment crypto is seeking a prominent place in mainstream finance (New York Times)
New York Times:
Some crypto executives worry Trump's memecoin undercut the industry's credibility at the very moment crypto is seeking a prominent place in mainstream finance — The president's promotion of a speculative digital coin left some crypto investors feeling blindsided, while others saw it as a gimmick …
Sources: people affiliated with DOGE have met with representatives of various public blockchains as they explore using a blockchain to track federal spending (Bloomberg)
Bloomberg:
Sources: people affiliated with DOGE have met with representatives of various public blockchains as they explore using a blockchain to track federal spending — - Conversations said to be held with multiple public blockchains — The technology may be used to track government spending
Hands-on with the Ray-Ban Meta smart glasses live translation feature: adept at translating a basic conversation, but struggles with slang and faster speech (Victoria Song/The Verge)
Victoria Song / The Verge:
Hands-on with the Ray-Ban Meta smart glasses live translation feature: adept at translating a basic conversation, but struggles with slang and faster speech — I was in middle school the last time I took a Spanish class. I remember enough for toddler talk — phrases like …
Supporters and skeptics of the TikTok ban in Congress say Trump's US ownership proposal bewilders them, claiming it doesn't comply with the divest-or-ban law (Politico)
Politico:
Supporters and skeptics of the TikTok ban in Congress say Trump's US ownership proposal bewilders them, claiming it doesn't comply with the divest-or-ban law — Members of Congress are declaring themselves bewildered by Donald Trump's latest proposal to save TikTok by brokering a joint-ownership deal.
Friday, January 24, 2025
On January 31, the EC will question Meta, X, Snap, Google, TikTok, and LinkedIn on their plans to counter disinformation ahead of elections in Germany (Gian Volpicelli/Bloomberg)
Gian Volpicelli / Bloomberg:
On January 31, the EC will question Meta, X, Snap, Google, TikTok, and LinkedIn on their plans to counter disinformation ahead of elections in Germany — - X, Google, Snap and LinkedIn to be tested on disinformation — EU is working to combat false information around elections
The CMA says Google has agreed to curb UK businesses using fake reviews to boost ratings and must report to the CMA on its efforts for the next three years (Jess Weatherbed/The Verge)
Jess Weatherbed / The Verge:
The CMA says Google has agreed to curb UK businesses using fake reviews to boost ratings and must report to the CMA on its efforts for the next three years — Google will take firmer action against British businesses that use fake reviews to boost their star ratings on the search giant's reviews platform.
Instagram and Facebook removed posts from two abortion pill providers; Instagram also suspended accounts; Meta confirmed and restored some of the accounts (New York Times)
New York Times:
Instagram and Facebook removed posts from two abortion pill providers; Instagram also suspended accounts; Meta confirmed and restored some of the accounts — Some posts related to obtaining abortion pills were recently hidden on Instagram and Facebook and some accounts were suspended, before being later restored.
Tesla plans a software update for ~1.2M cars in China, around half its fleet in the country, to address power steering and rear-view camera issues (Bloomberg)
Bloomberg:
Tesla plans a software update for ~1.2M cars in China, around half its fleet in the country, to address power steering and rear-view camera issues — A potential malfunction of the cars' rear-view cameras could meanwhile impair drivers' fields of vision when reversing, increasing the risk of collisions.
Thursday, January 23, 2025
Vitalik Buterin and the Ethereum Foundation back Etherealize, a NYC-based startup to market Ethereum to financial firms, as ether lags behind bitcoin's gains (Muyao Shen/Bloomberg)
Muyao Shen / Bloomberg:
Vitalik Buterin and the Ethereum Foundation back Etherealize, a NYC-based startup to market Ethereum to financial firms, as ether lags behind bitcoin's gains — - Ethereum is facing heat for underperforming competitors — Startup hopes to become Ether's sales team to Wall Street
Ola founder Bhavish Aggarwal invests $230M in his Indian AI startup Krutrim, and plans to raise $1.15B from outside investors by 2026, to build local AI (Manish Singh/TechCrunch)
Manish Singh / TechCrunch : Ola founder Bhavish Aggarwal invests $230M in his Indian AI startup Krutrim, and plans to raise $1.15B from o...
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Jake Offenhartz / Gothamist : Since October, the NYPD has deployed a quadruped robot called Spot to a handful of crime scenes and hostage...
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Lorena O'Neil / Rolling Stone : A look at the years of warnings about AI from researchers, including several women of color, who say ...