Philip Lagerkranser / Bloomberg:
Tether says it invested $200M in brain-computer interface company Blackrock Neurotech, via its newly established VC arm Tether Evo — – Funds to be used for roll-out of Blackrock Neurotech products — Investment will also be used research and development
Getir plans to close its quick grocery delivery operations in the US, the UK, and Europe to focus on its home market of Turkey, impacting 6,000+ jobs (Ingrid Lunden/TechCrunch)
Ingrid Lunden / TechCrunch:
Getir plans to close its quick grocery delivery operations in the US, the UK, and Europe to focus on its home market of Turkey, impacting 6,000+ jobs — True to its business concept, Turkey’s “instant delivery” juggernaut Getir rose quickly. Now, with the quick commerce industry in free fall, it is nosediving just as fast.
The UK bans default guessable usernames and passwords for some IoT devices, to help avoid a situation like the 2016 Mirai botnet, the first country to do so (Alexander Martin/The Record)
Alexander Martin / The Record:
The UK bans default guessable usernames and passwords for some IoT devices, to help avoid a situation like the 2016 Mirai botnet, the first country to do so — Seven years ago, a cyberattack left many of the most popular websites based in the United States inaccessible.
A look at the rise of Mustafa Suleyman and Demis Hassabis, two of the most powerful AI executives, who grew up in London and met at Queen Elizabeth’s School (New York Times)
New York Times:
A look at the rise of Mustafa Suleyman and Demis Hassabis, two of the most powerful AI executives, who grew up in London and met at Queen Elizabeth’s School — Demis Hassabis and Mustafa Suleyman, who both grew up in London, feared a corporate rush to build artificial intelligence.
Manor Lords, a new medieval city building game from Polish indie developer Grzegorz Styczen, sells 1M+ copies and hits 170K+ concurrent players on Steam (Konrad Krasuski/Bloomberg)
Konrad Krasuski / Bloomberg:
Manor Lords, a new medieval city building game from Polish indie developer Grzegorz Styczen, sells 1M+ copies and hits 170K+ concurrent players on Steam — The Manor Lords video game released this weekend by a small independent studio in Poland has sold more than a million copies …
France makes a non-binding offer to buy some of Atos’ operations, including its supercomputer and cyber products, for €700M to €1B, as Atos seeks to raise €1.7B (Bloomberg)
Bloomberg:
France makes a non-binding offer to buy some of Atos’ operations, including its supercomputer and cyber products, for €700M to €1B, as Atos seeks to raise €1.7B — – State made non-binding bid for supercomputer, other businesses — Atos is now seeking €1.7 billion in cash to avoid insolvency
PitchBook: investors have poured $330B into ~26,000 AI and ML startups over the past three years, up 66% on funding to 20,350 AI companies from 2018 to 2020 (New York Times)
New York Times:
PitchBook: investors have poured $330B into ~26,000 AI and ML startups over the past three years, up 66% on funding to 20,350 AI companies from 2018 to 2020 — The table stakes for small companies to compete with the likes of Microsoft and Google are in the billions of dollars. And even that may not be enough.
Sources: Meta’s Oversight Board told some staff last week that their jobs were at risk, likely adding to its challenges after criticism for moving too slowly (Naomi Nix/Washington Post)
Naomi Nix / Washington Post:
Sources: Meta’s Oversight Board told some staff last week that their jobs were at risk, likely adding to its challenges after criticism for moving too slowly — The Oversight Board, which Meta started in 2019 as an experiment in content moderation, has faced criticism for moving too slowly and cautiously
The European Commission designates iPadOS under the DMA, giving Apple six months to comply; iOS, the App Store, and Safari are already DMA designated (Samuel Stolton/Bloomberg)
Samuel Stolton / Bloomberg:
The European Commission designates iPadOS under the DMA, giving Apple six months to comply; iOS, the App Store, and Safari are already DMA designated — The move means Apple has six months to make sure its tablet ecosystem complies with a raft of preemptive measures under the EU’s flagship Digital Markets Act.
The Financial Times signs a deal with OpenAI to train AI models on its archived content, and to let ChatGPT respond with short summaries of FT articles (Madhumita Murgia/Financial Times)
Madhumita Murgia / Financial Times:
The Financial Times signs a deal with OpenAI to train AI models on its archived content, and to let ChatGPT respond with short summaries of FT articles — Agreement comes as Microsoft-backed start-up seeks data from reliable sources to train latest artificial intelligence models