Tech Meme

Madeleine Ngo / New York Times: SIA and Boston Consulting Group: the US will triple its domestic chip manufacturing capacity by 2032, boosting its global chip making share to 14% from 10% now  —  The United States will triple its domestic chip manufacturing capacity by 2032, the largest increase in the world … Lees verder op Tech Meme

Tom Dotan / Wall Street Journal: Microsoft plans to invest $3B to build a data center in Mount Pleasant, Wisconsin, and train locals, alongside investing in a new AI lab at Wisconsin University  —  Company has been on a global spending spree, trying to build infrastructure and goodwill for artificial intelligence Lees verder op Tech Meme

Ivan Mehta / TechCrunch: Bluesky details its product roadmap: an off-protocol DM system to facilitate one-on-one chats, custom feeds, anti-harassment tools, video support, and more  —  Bluesky has launched a new product roadmap for the coming months.  The decentralized social network said on Tuesday that it is planning … Lees verder op Tech Meme

André Beganski / Decrypt: Robinhood CEO Vlad Tenev decries a “regulatory onslaught”, calling the SEC’s actions “another improper attempt by the administrative state to stifle innovation”  —  Though Robinhood Crypto thought its “safety-first” approach was distinct, the SEC said that enforcement action is on its way. Lees verder op Tech Meme

Lauren Forristal / TechCrunch: President Biden signs the REPORT Act into law, to levy hefty fines against companies that neglect to report CSAM on their sites to the NCMEC’s CyberTipline  —  On April 29, Senators Jon Ossoff (D-GA) and Marsha Blackburn (R-SC) proposed a bipartisan bill to protect children from online sexual exploitation. Lees verder op Tech Meme

Bloomberg: Amit Midha, the CEO of Alat, a $100B investment fund focused on AI and chips backed by Saudi Arabia’s PIF, says the fund will divest from China if the US asks  —  – The $100 billion Saudi investment fund says US is top partner  — Alat will announce two US company partnerships by end of June Lees verder op Tech Meme

Kate Park / TechCrunch: Samsung Electronics’ medical device unit Samsung Medison plans to acquire Paris-based Sonio, which makes AI-powered ultrasound workflows software, for ~$92.7M  —  Samsung Medison, a medical device unit of Samsung Electronics that specializes in developing diagnostic imaging devices … Lees verder op Tech Meme

Nikkei Asia: Sources: Intel is partnering with 14 Japanese companies to develop tech by 2028 to automate the largely manual “back-end” chipmaking processes like packaging  —  Tie-up aims to mitigate geopolitical risks in ‘back-end’ production  —  TOKYO — Intel will partner with 14 Japanese companies … Lees verder op Tech Meme

André Beganski / Decrypt: Robinhood CEO Vlad Tenev decries the “regulatory onslaught” and calls SEC’s actions “another improper attempt by the administrative state to stifle innovation”  —  Though Robinhood Crypto thought its “safety-first” approach was distinct, the SEC said that enforcement action is on its way. Lees verder op Tech Meme

Stephanie Stacey / Financial Times: Analysis: the tech-dominated list of top 50 companies whose stocks made the biggest percentage gains in 2020 have since collectively lost $1.5T in market value  —  Top 50 biggest stock gainers hit by painful decrease since the end of 2020 as lockdown trends fade Lees verder op Tech Meme