Tech Meme

Liv McMahon / BBC: The US and the UK did not join France, China, India, and other countries in signing an international AI agreement in Paris, without explaining their reasons  —  The UK and US have not signed an international agreement on artificial intelligence (AI) at a global summit in Paris. Lees verder op Tech Meme

Wall Street Journal: At the AI Action Summit in Paris, EU Commission President Ursula von der Leyen says the bloc plans to mobilize €200B to invest in AI to catch the US and China  —  The announcement underscores efforts from the EU to position itself as a key player in the AI race Lees verder op Tech Meme

Lizette Chapman / Bloomberg: Dublin-based Tines, which uses AI to automate tasks in cybersecurity and other business operations, raised $125M at a $1.13B valuation, up from $600M in 2024  —  – Business software company raised $125 million from investors … The deal boosted Tines’ valuation by more than 80% from its previous value of $600 million last year. Lees verder op Tech Meme

Gloria Li / Financial Times: Chinese EV maker BYD unveils a “God’s Eye” self-driving system and aims to install it on its entire lineup, including its ~$9,600 Seagull hatchback  —  Tesla rival will equip hatchback on sale for less than $10,000 with features usually found only on upscale vehicles Lees verder op Tech Meme

Rishi Kant / Reuters: Boston-based QuEra Computing, which is developing neutral-atom quantum computing to help scale systems, raised $230M+ from Google’s Quantum AI unit and others  —  QuEra Computing said on Tuesday the neutral-atom quantum firm has completed a funding round in excess of $230 million … Lees verder op Tech Meme

Wall Street Journal: At the AI Action Summit in Paris, EU Commission President Ursula von der Leyen says the bloc plans to mobilize €200B to invest in AI to catch the US and China  —  The announcement underscores efforts from the EU to position itself as a key player in the AI race Lees verder op Tech Meme

Cecilia D’Anastasio / Bloomberg: Tencent’s Supercell reports 2024 revenue up 77% YoY to almost $3B from its six titles and EBITDA up ~77% to $900M+; Squad Busters made $100M+ in revenue  —  Supercell Oy, the Finnish video-game company behind such hits as Brawl Stars and Clash of Clans, is delivering big gains … Lees verder op Tech Meme

Jay Peters / The Verge: Google Calendar removes Pride month, Black History Month, Holocaust Remembrance Day, and other events, saying it wasn’t “scalable or sustainable” to keep them  —  Google says it switched to only showing default entries for public holidays and national observances last year. Lees verder op Tech Meme

Richard Milne / Financial Times: Supercell CEO Ilkka Paananen criticizes rivals for seeking to buy successful new titles rather than creating them, saying the industry has stagnated since 2021  —  Supercell chief Ilkka Paananen criticises industry for opting for acquisitions over developing titles Lees verder op Tech Meme

Spencer Soper / Bloomberg: Shopify reports Q4 revenue up 31% YoY to $2.8B, above $2.73B est., GMV up 26% YoY to $94.5B, a $465M operating loss, and 2024 revenue up 26% YoY to $8.9B  —  Revenue increased 31% to $2.8 billion, the Canadian e-commerce company said in a statement on Tuesday.  Analysts were looking for $2.73 billion. Lees verder op Tech Meme