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Sources: Apple offers to let rivals access its tap-and-go payments systems for mobile wallets, to settle EU antitrust charges and avoid a possible hefty fine (Foo Yun Chee/Reuters) 12-12-2023

Foo Yun Chee / Reuters: Sources: Apple offers to let rivals access its tap-and-go payments systems for mobile wallets, to settle EU antitrust charges and avoid a possible hefty fine  —  Apple (AAPL.O) has offered to let rivals access its tap-and-go mobile payments systems used for mobile wallets … Lees verder op Tech Meme

Gina Raimondo says Nvidia “can, will, and should” sell commercial AI chips to China, but not advanced AI chips, and spoke to Jensen Huang about the US rules (David Shepardson/Reuters) 12-12-2023

David Shepardson / Reuters: Gina Raimondo says Nvidia “can, will, and should” sell commercial AI chips to China, but not advanced AI chips, and spoke to Jensen Huang about the US rules  —  The Biden administration is in discussions with Nvidia Corp (NVDA.O) about permissible sales of artificial intelligence chips … Lees verder op Tech Meme

Essential AI, founded by two co-authors of Google's “Attention Is All You Need” paper, emerges from stealth with $56.5M and announces its Enterprise Brain tool (Sarah McBride/Bloomberg) 12-12-2023

Sarah McBride / Bloomberg: Essential AI, founded by two co-authors of Google’s “Attention Is All You Need” paper, emerges from stealth with $56.5M and announces its Enterprise Brain tool  —  The startup was founded by two co-authors of a famous Google AI paper  —  Essential AI, an artificial intelligence startup founded … Lees verder op Tech Meme

Stanford professor David Mills, who led SBF's defense as favor to his parents, says the FTX founder was “the worst person I've ever seen do a cross examination” (Ava Benny-Morrison/Bloomberg) 12-12-2023

Ava Benny-Morrison / Bloomberg: Stanford professor David Mills, who led SBF’s defense as favor to his parents, says the FTX founder was “the worst person I’ve ever seen do a cross examination”  —  Stanford Law Professor David Mills, who led defense for FTX’s Sam Bankman-Fried as favor to his parents, now fears ‘unwinnable’ case has ended their friendship. Lees verder op Tech Meme

Munich-based Tacto, which uses AI to help companies optimize their supply chains and cut costs by ~10%, raised €50M led by Sequoia and Index Ventures (Aggi Cantrill/Bloomberg) 12-12-2023

Aggi Cantrill / Bloomberg: Munich-based Tacto, which uses AI to help companies optimize their supply chains and cut costs by ~10%, raised €50M led by Sequoia and Index Ventures  —  Sequoia Capital and Index Ventures led a €50 million ($54 million) funding round for German startup Tacto Technology GmbH … Lees verder op Tech Meme

Emmanuel Macron warns the EU's AI Act risks hampering tech companies compared to US, UK, and China rivals, and says France is “neck and neck with the British” (Financial Times) 12-12-2023

Financial Times: Emmanuel Macron warns the EU’s AI Act risks hampering tech companies compared to US, UK, and China rivals, and says France is “neck and neck with the British”  —  French president argues landmark rules may leave European tech companies lagging rivals in US, UK and China Lees verder op Tech Meme

Filings: Berkshire Hathaway cut its HP stake by almost 50% to 51.5M shares, or 5.2% of the company, down from 97.85M in October, as Dell's stock outperforms HP (Abhishek Vishnoi/Bloomberg) 12-12-2023

Abhishek Vishnoi / Bloomberg: Filings: Berkshire Hathaway cut its HP stake by almost 50% to 51.5M shares, or 5.2% of the company, down from 97.85M in October, as Dell’s stock outperforms HP  —  – Berkshire Hathaway cuts stake to 51.5 million shares: filing  — Reduction coincides with weak corporate demand for PCs Lees verder op Tech Meme