Steven Vaughan-Nichols / ZDNET:
Red Hat acquires Neural Magic, which has built tools to boost generative AI inference workloads and raised $50M from a16z and others, for an undisclosed sum — Red Hat, the IBM-owned open-source software giant, has completed its acquisition of Neural Magic, a pioneering artificial intelligence (AI) optimization startup.
Elmsford, NY-based quantum computing startup SEEQC raised a $30M Series A extension co-led by Booz Allen and NordicNinja, following a $22.4M Series A in 2020 (Anna Heim/TechCrunch)
Anna Heim / TechCrunch:
Elmsford, NY-based quantum computing startup SEEQC raised a $30M Series A extension co-led by Booz Allen and NordicNinja, following a $22.4M Series A in 2020 — Nvidia CEO Jensen Huang may have said that “very useful quantum computers” are probably still 20 years away …
Apple and Amazon fight off a UK lawsuit filed on behalf of ~36M consumers alleging they colluded to bar most resellers of Apple and Beats products on Amazon (Reuters)
Reuters:
Apple and Amazon fight off a UK lawsuit filed on behalf of ~36M consumers alleging they colluded to bar most resellers of Apple and Beats products on Amazon — Apple (AAPL.O) and Amazon (AMZN.O) have successfully fought off a mass lawsuit in Britain over alleged collusion between the tech giants …
Report: UK startups raised €16.4B in 2024, Germany raised €9.4B, France raised €7.1B; investment in French AI startups grew from €1B in 2023 to €1.9B in 2024 (Sifted)
Sifted:
Report: UK startups raised €16.4B in 2024, Germany raised €9.4B, France raised €7.1B; investment in French AI startups grew from €1B in 2023 to €1.9B in 2024 — Investment in French artificial intelligence companies almost doubled last year but still lags behind …
DJI removes its geofence around US “No-Fly Zones”, replacing it with a warning, saying the update “aligns” with FAA rules and follows similar changes in the EU (Sean Hollister/The Verge)
Sean Hollister / The Verge:
DJI removes its geofence around US “No-Fly Zones”, replacing it with a warning, saying the update “aligns” with FAA rules and follows similar changes in the EU — For over a decade, you couldn’t easily fly a DJI drone over restricted areas in the United States.
Sources and docs: Meta has dismantled a system that identified viral hoaxes and limited their reach, and told content-ranking teams to stop penalizing misinfo (Casey Newton/Platformer)
Casey Newton / Platformer:
Sources and docs: Meta has dismantled a system that identified viral hoaxes and limited their reach, and told content-ranking teams to stop penalizing misinfo — The company built effective systems to reduce the reach of fake news. Last week, it shut them down — I.
Huione Guarantee, a Telegram marketplace that facilitates “pig butchering” and other scams, recently launched several crypto products, including a stablecoin (Elliptic)
Elliptic:
Huione Guarantee, a Telegram marketplace that facilitates “pig butchering” and other scams, recently launched several crypto products, including a stablecoin — – Huione Guarantee is a Telegram-based marketplace serving fraudsters in South East Asia, including those responsible for so-called “pig butchering” scams.
Filing: the SEC sues Elon Musk, claiming he failed to timely disclose a major purchase of Twitter shares ahead of his takeover of the social media platform (Nicola M White/Bloomberg)
Nicola M White / Bloomberg:
Filing: the SEC sues Elon Musk, claiming he failed to timely disclose a major purchase of Twitter shares ahead of his takeover of the social media platform — (Adds details on Twitter share purchase from second paragraph.)
In federal court, lawyers for Microsoft and OpenAI defended the scraping of news stories to train LLMs and urged the dismissal of news outlets’ copyright claims (Josh Russell/Courthouse News Service)
Josh Russell / Courthouse News Service:
In federal court, lawyers for Microsoft and OpenAI defended the scraping of news stories to train LLMs and urged the dismissal of news outlets’ copyright claims — A coalition of news organizations led by The New York Times claim the exploitation of their online news stories …
Decentralized Instagram alternative Pixelfed debuts iOS and Android apps; its Android app is the top Social app on Google Play in some markets, including the US (Sarah Perez/TechCrunch)
Sarah Perez / TechCrunch:
Decentralized Instagram alternative Pixelfed debuts iOS and Android apps; its Android app is the top Social app on Google Play in some markets, including the US — Pixelfed, a decentralized alternative to Instagram, has launched its official mobile apps. The service today runs …
