Tech Meme

Samuel Stolton / Bloomberg: EU appeals hearing: Google accuses the EC of making “grave errors” in its Android investigation that led to a record €4.3B fine; EU lawyers defended the case  —  – EU’s top court weighs in on bloc’s biggest ever antitrust fine  — Lower-tier court earlier cut fine down to €4.1 billion Lees verder op Tech Meme

@yishan: The “DeepSeek moment” is like in 2004 when Google detailed using distributed algorithms to build a supercomputer, and unlike Sputnik, when Russia shared little  —  I think the Deepseek moment is not really the Sputnik moment, but more like the Google moment. If anyone was around in ~2004, you’ll know what I mean, but more on that later. I think everyone is over-rotated on this because Deepseek came out of China. Let me try to un-rotate Lees verder op Tech Meme

Ingrid Lunden / TechCrunch: Paris-based Alice&Bob, a cat qubit quantum architecture pioneer, raised a €100M Series B for a “fault tolerant” quantum computer, after a €27M Series A in 2022  —  Quantum computing remains something of a holy grail in the world of technology: it promises a huge leap … Lees verder op Tech Meme

Jem Aswad / Variety: Spotify says it paid out a record $10B to the music industry in 2024, up from a then-record $9B in 2023, taking its total to nearly $60B since its 2006 founding  —  Spotify paid out $10 billion to the music industry in 2024 — some $1 billion more than last year, the previous record … Lees verder op Tech Meme

Samuel Stolton / Bloomberg: EU appeals hearing: Google accuses the EC of making “grave errors” in its Android investigation that led to a record €4.3B fine; EU lawyers defended the case  —  – EU’s top court weighs in on bloc’s biggest ever antitrust fine  — Lower-tier court earlier cut fine down to €4.1 billion Lees verder op Tech Meme

Christina Kyriasoglou / Bloomberg: SAP reports Q4 cloud revenue up 27% YoY to €4.71B, above €4.68B est., driven by AI demand, names a suite of new executives, and plans to simplify its strategy  —  – Cloud revenue grew 27% last quarter from a year earlier  — The company named new marketing, technology leadership Lees verder op Tech Meme

Kevin Roose / New York Times: DeepSeek challenges the “bigger is better” narrative driving the AI arms race in recent years and suggests that we may see more investment into smaller startups  —  A new A.I. model, released by a scrappy Chinese upstart, has rocked Silicon Valley and upended several fundamental assumptions about A.I. progress. Lees verder op Tech Meme

Bloomberg: DeepSeek says it used Nvidia H800 chips, available in China until October 2023, to train R1, suggesting US export controls could be a problem for future models  —  – Nvidia calls R1 an ‘excellent’ advance that meets US limits  — Trump says release should be a ‘wake-up call’ for US companies Lees verder op Tech Meme

Financial Times: Bridgewater founder Ray Dalio says investor exuberance over AI has fueled a “bubble” in US stocks that resembles the build-up to the dotcom bust in 1998 to 1999  —  Billionaire investor says US stocks are in ‘very similar’ position as lead-up to internet bust at turn of millennium Lees verder op Tech Meme

Wall Street Journal: A profile of DeepSeek creator Liang Wenfeng, a math geek who founded hedge fund High-Flyer in 2015 and had to apologize to investors about returns in 2021  —  The Chinese engineer built the AI company after founding a successful hedge-fund  —  Some call him China’s Sam Altman. Lees verder op Tech Meme