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Databricks plans to acquire generative AI startup MosaicML in a ~$1.3B deal set to close by July 31; MosaicML debuted in 2021, raised $64M, and has 62 employees (Wall Street Journal) 26-06-2023

Wall Street Journal: Databricks plans to acquire generative AI startup MosaicML in a ~$1.3B deal set to close by July 31; MosaicML debuted in 2021, raised $64M, and has 62 employees  —  The deal aims at connecting businesses’ data with services to help them build their own, cheaper language models, Databricks CEO says Lees verder op Tech Meme

Pete Buttigieg warns of possible air travel disruption as airlines face landing restrictions if they don't retrofit equipment to avoid 5G interference by July 1 (Alison Sider/Wall Street Journal) 26-06-2023

Alison Sider / Wall Street Journal: Pete Buttigieg warns of possible air travel disruption as airlines face landing restrictions if they don’t retrofit equipment to avoid 5G interference by July 1  —  Airlines have until July 1 to update equipment or face restrictions on landing in poor visibility conditions Lees verder op Tech Meme

US-based chipmaker Wolfspeed says that an Apollo-led group plans to make a $1.25B debt investment, with room for an additional $750M, to support a US expansion (Jaspreet Singh/Reuters) 26-06-2023

Jaspreet Singh / Reuters: US-based chipmaker Wolfspeed says that an Apollo-led group plans to make a $1.25B debt investment, with room for an additional $750M, to support a US expansion  —  Wolfspeed (WOLF.N) said on Monday that a group led by Apollo Global Management (APO.N) would make a debt investment of $1.25 billion … Lees verder op Tech Meme

DeepMind co-founder and CEO Demis Hassabis details Gemini, an upcoming ChatGPT rival meant to combine the strengths of AlphaGo-type systems and those of LLMs (Will Knight/Wired) 26-06-2023

Will Knight / Wired: DeepMind co-founder and CEO Demis Hassabis details Gemini, an upcoming ChatGPT rival meant to combine the strengths of AlphaGo-type systems and those of LLMs  —  Demis Hassabis says the company is working on a system called Gemini that will tap techniques that helped AlphaGo defeat a Go champion in 2016. Lees verder op Tech Meme