Tech Meme

Allie Garfinkle / Fortune: Reducto, which helps companies convert complex documents into inputs for LLMs, raised a $24.5M Series A led by Benchmark, following a $8.4M seed in October 2024  —  Reducto cofounders Adit Abraham and Raunak Chowdhuri.  —  Reducto  —  I’ve long been fond of Arthur C. Clarke’s famous third law … Lees verder op Tech Meme

Chris Welch / The Verge: Google says it will end support for 1st- and 2nd-gen Nest thermostats on October 25, and won’t launch new models in Europe due to its “unique” heating systems  —  The company is also pulling Nest thermostats out of Europe entirely, citing “unique” heating challenges. Lees verder op Tech Meme

Lydia Beyoud / Bloomberg: US SEC Chair Paul Atkins says the agency has ample authority to oversee digital assets as Congress debates if SEC or CFTC should be the primary crypto regulator  —  The US Securities and Exchange Commission has “ample room to maneuver” in regulating digital assets even without congressional action, Chairman Paul Atkins said Friday. Lees verder op Tech Meme

Dario Amodei: Interpretability, or understanding how AI models work, can help mitigate many AI risks, such as misalignment and misuse, that stem from AI systems’ opacity  —  In the decade that I have been working on AI, I’ve watched it grow from a tiny academic field to arguably the most important economic and geopolitical issue in the world. Lees verder op Tech Meme

Juro Osawa / The Information: Sources: Butterfly Effect, the Chinese startup behind Manus, has discussed setting up a new HQ outside China, and separating its domestic and global businesses  —  Leaders of the Chinese startup behind the hit artificial intelligence agent Manus have discussed setting up new headquarters outside China … Lees verder op Tech Meme

Gabe Kaminsky / The Free Press: Leaked letter: interim DC attorney Ed Martin accused Wikipedia of allowing foreign manipulation and propaganda, threatening its tax-exempt status  —  In a letter obtained by The Free Press, Trump appointee Ed Martin accuses the Wikimedia Foundation of violating the law.  Critics say his tactics are ‘grandstanding.’ Lees verder op Tech Meme

Dan Primack / Axios: Deel sues Rippling for alleged defamation, libel, and deceptive trade practices, says Rippling placed an insider within Deel, is not tax compliant, and more  —  The legal battle between HR software unicorns Deel and Rippling escalated on Friday, with Deel suing Rippling for alleged defamation, libel, and deceptive trade practices. Lees verder op Tech Meme

Brody Ford / Bloomberg: Sources: Microsoft plans to increase the use of third-party firms for selling software to SMBs; in-house sellers will get more training and focus on AI products  —  Chief Commercial Officer Judson Althoff revealed the initiative to employees on Thursday, according to people familiar with the situation. Lees verder op Tech Meme

Hayden Field / CNBC: Meta and Booz Allen partner to deploy Space Llama, a fine-tuned version of Llama 3.2, for research aboard the International Space Station National Laboratory  —  On Friday, Meta and Booz Allen Hamilton launched “Space Llama.”  —  Llama, Meta’s open-source artificial intelligence model … Lees verder op Tech Meme

Bloomberg: Sources: Chinese AI startup Manus raised $75M led by Benchmark at a $500M valuation, and plans to expand to markets including the US, Japan, and the Middle East  —  The Chinese startup behind Manus AI secured a round of financing led by US venture firm Benchmark, scoring capital to explore … Lees verder op Tech Meme