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SenseTime's stock rises 30%+ after the company unveiled the latest version of its SenseNova AI model; its stock is down 80%+ since its 2021 Hong Kong IPO (Bloomberg) 24-04-2024

Bloomberg: SenseTime’s stock rises 30%+ after the company unveiled the latest version of its SenseNova AI model; its stock is down 80%+ since its 2021 Hong Kong IPO  —  – US-blacklisted firm unveils fifth version of its AI platform  — The company is one of many racing to develop generative AI Lees verder op Tech Meme

China approves the US listing of self-driving startup Pony.ai, which plans to sell up to 98M shares and list on Nasdaq or NYSE, signaling an easing crackdown (Bloomberg) 24-04-2024

Bloomberg: China approves the US listing of self-driving startup Pony.ai, which plans to sell up to 98M shares and list on Nasdaq or NYSE, signaling an easing crackdown  —  – Pony.ai plans to sell some 98 million shares on Nasdaq or NYSE  — Chinese tech IPOs in the US dwindled after crackdown in 2021 Lees verder op Tech Meme

Emails released as part of US vs. Google show how Google's finance and ad teams led by Prabhakar Raghavan made Search worse to make the company more money (Edward Zitron/Ed Zitron's Where's …) 24-04-2024

Edward Zitron / Ed Zitron’s Where’s Your Ed At: Emails released as part of US vs. Google show how Google’s finance and ad teams led by Prabhakar Raghavan made Search worse to make the company more money  —  This is the story of how Google Search died, and the people responsible for killing it.  —  The story begins on February 5th 2019 … Lees verder op Tech Meme

Mobvoi, a Google-backed Chinese smartwatch and AI company, fell as much as 22% in its first day of trading, after raising $41M in its Hong Kong IPO (Filipe Pacheco/Bloomberg) 24-04-2024

Filipe Pacheco / Bloomberg: Mobvoi, a Google-backed Chinese smartwatch and AI company, fell as much as 22% in its first day of trading, after raising $41M in its Hong Kong IPO  —  – Mobvoi drops as much as 22% in first day of trading after IPO  — It’s the city’s third stock this week to drop in opening day Lees verder op Tech Meme

Paris-based FlexAI, which is developing an on-demand cloud service for AI training, emerges from stealth with $30M in seed funding (Paul Sawers/TechCrunch) 24-04-2024

Paul Sawers / TechCrunch: Paris-based FlexAI, which is developing an on-demand cloud service for AI training, emerges from stealth with $30M in seed funding  —  Nvidia, Apple, Tesla and Intel are on CEO Brijesh Tripathi’s resume  —  A French startup has raised a hefty seed investment to “rearchitect compute infrastructure” … Lees verder op Tech Meme

A deep dive into how Bluesky is built, including its growth from three engineers to 12 in just over two years and its infrastructure move from AWS to on-prem (The Pragmatic Engineer) 24-04-2024

The Pragmatic Engineer: A deep dive into how Bluesky is built, including its growth from three engineers to 12 in just over two years and its infrastructure move from AWS to on-prem  —  Bluesky is built by around 10 engineers, and has amassed 5 million users since publicly launching in February this year. Lees verder op Tech Meme

A look at the restaurant reservation ecosystem in New York City, where new apps have sprung up to help diners book a table at buzzy restaurants for a price (Adam Iscoe/New Yorker) 24-04-2024

Adam Iscoe / New Yorker: A look at the restaurant reservation ecosystem in New York City, where new apps have sprung up to help diners book a table at buzzy restaurants for a price  —  How bots, mercenaries, and table scalpers have turned the restaurant reservation system inside out. Lees verder op Tech Meme

Paris-based Payflows, whose automated financial management SaaS could be deployed on top of existing ERP systems, raised a €25M Series A led by Balderton (Tom Matsuda/Sifted) 24-04-2024

Tom Matsuda / Sifted: Paris-based Payflows, whose automated financial management SaaS could be deployed on top of existing ERP systems, raised a €25M Series A led by Balderton  —  The funding round is the latest sign that fintech investors are continuing to focus on the B2B segment Lees verder op Tech Meme

Microsoft must take security seriously again by being transparent about breaches and no longer charging its subscribers extra for must-have security features (Mary Jo Foley/Directions on Microsoft) 24-04-2024

Mary Jo Foley / Directions on Microsoft: Microsoft must take security seriously again by being transparent about breaches and no longer charging its subscribers extra for must-have security features  —  Microsoft charges extra for many core security and compliance features.  What can customers do to try to minimize risk and save money? Lees verder op Tech Meme