Tech Meme

Jef Feeley / Bloomberg: FTX investors sue MLB, Formula 1, and the Mercedes Formula 1 team, accusing them of aiding FTX’s fraud, broadening a class-action suit against 24+ celebrities  —  – FTX investors say leagues allegedly aided $11 billion fraud  — Mercedes-Benz Formula 1 racing team also named in lawsuit Lees verder op Tech Meme

Vitalik Buterin / Vitalik Buterin’s website: An in-depth reflection on Marc Andreessen’s “techno-optimist manifesto”: tech is amazing, the high cost of delays, AI and risk, d/acc, centralization, and more  —  Special thanks to Morgan Beller, Juan Benet, Eli Dourado, Sriram Krishnan, Nate Soares, Jaan Tallinn, Vincent Weisser … Lees verder op Tech Meme

Ofcom: A study of UK teenagers: 79% of online users aged 13 to 17 use generative AI, compared to 31% of internet users aged 16+; 51% of ages 7 to 17 use Snap’s My AI  —  Teenagers and children in the UK are far more likely than adults to have embraced generative artificial intelligence (AI) … Lees verder op Tech Meme

Sarah Zheng / Bloomberg: Meituan reports Q3 revenue up 22% YoY to ~$10.7B, narrowly beating est., and net income up nearly 3x to ~$507M, boosted by strong Chinese travel demand  —  Meituan recorded a third straight quarter of profit, after strong travel demand helped the food delivery giant defy slowing growth … Lees verder op Tech Meme

Sergiu Gatlan / BleepingComputer: Europol, the US, Ukraine, and other countries arrest members of a ransomware group in Ukraine linked to attacks on organizations in 71 countries  —  In cooperation with Europol and Eurojust, law enforcement agencies from seven nations have arrested in Ukraine the core members … Lees verder op Tech Meme

Ron Miller / TechCrunch: AWS announces three new serverless offerings designed to help customers manage their Aurora, Elastic Cache, and Redshift deployments  —  Amazon kicked off AWS re:Invent, its annual customer conference, in Las Vegas tonight with a few new serverless offerings designed to make it easier to manage Aurora … Lees verder op Tech Meme

Sarah Zheng / Bloomberg: SenseTime’s shares fell as much as 9.7% in Hong Kong, after a short seller accused the AI company of inflating its revenue; SenseTime refutes the allegations  —  – Report is ‘without merit’, Shanghai-based AI developer says  — Company is building a ChatGPT-like conversation bot for China Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Atomico: European startups are on track to raise $42B in 2023, down from $85B in 2022; just seven unicorns are expected in 2023, vs. 48 in 2022 and 108 in 2021  —  The downturn in the technology sector — dragged by inflation, higher interest rates and geopolitical events — continues to persist … Lees verder op Tech Meme

Dan Robinson / The Register: Omdia: Meta and Microsoft are expected to receive 150K Nvidia H100 GPUs each by the end of 2023, three times as many as Google, Amazon, or Oracle  —  Less is more, as hyper heterogeneous computing heats up  —  Server unit shipments for 2023 could crash by up to 20 percent on last year, despite revenue growing. Lees verder op Tech Meme

Casey Newton / Platformer: Sources: OpenAI’s board mulled adding Bret Taylor after three members resigned earlier in 2023, but lacked consensus, and never got any letter warning about Q*  —  A new board and a promised investigation could threaten Altman’s happy ending  —  On the surface, the OpenAI team that showed … Lees verder op Tech Meme