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Tech News - Techmeme

A collection of tech news feed from Techmeme.

Chinese researchers unveil WuDao 2.0, an AI model they say was trained using 1.75T parameters, 10x more than GPT-3, to simulate conversational speech and more (Coco Feng/South China Morning Post)

Coco Feng / South China Morning Post: Chinese researchers unveil WuDao 2.0, an AI model they say was trained using 1.75T parameters, 10x more than GPT-3, to simulate conversational speech and more  —  The WuDao 2. natural language processing model had 1.75 trillion parameters, topping the 1.6 trillion that Google unveiled …

Spruce, which uses AI-based title, closing, and escrow services for real estate transactions, raises $60M Series C, bringing its total raised to $110M (Jim Dalrymple II/Inman)

Jim Dalrymple II / Inman: Spruce, which uses AI-based title, closing, and escrow services for real estate transactions, raises $60M Series C, bringing its total raised to $110M  —  The company provides title insurance and escrow services, among other things.  Since its founding in 2016, Spruce has raised $110 million

Lansweeper, whose tools help IT staff identify and manage all the hardware, software, and users across corporate networks, raises $158M from Insight Partners (Paul Sawers/VentureBeat)

Paul Sawers / VentureBeat: Lansweeper, whose tools help IT staff identify and manage all the hardware, software, and users across corporate networks, raises $158M from Insight Partners  —  Elevate your enterprise data technology and strategy at Transform 2021.  —  IT asset management platform Lansweeper has raised €130 million …

FireEye says it is selling its products business to PE firm Symphony Technology Group for $1.2B in cash; deal splits FireEye from digital forensics arm Mandiant (Zack Whittaker/TechCrunch)

Zack Whittaker / TechCrunch: FireEye says it is selling its products business to PE firm Symphony Technology Group for $1.2B in cash; deal splits FireEye from digital forensics arm Mandiant  —  Cybersecurity giant FireEye has agreed to sell its products business to a consortium led by private equity firm Symphony Technology Group for $1.2 billion.

Spotify announces Only You, which gives users personalized playlists and insights based on habits, and Blend, letting two friends merge tastes in a playlist (Ashley Carman/The Verge)

Ashley Carman / The Verge: Spotify announces Only You, which gives users personalized playlists and insights based on habits, and Blend, letting two friends merge tastes in a playlist  —  Spotify loves when people share its annual Wrapped music breakdown on social media, so it´s making that more of a year-round treat.

A close look at Chamath Palihapitiya and SPACs, which could become a fixture of the economy as investors develop proper skepticism and regulations emerge (Charles Duhigg/New Yorker)

Charles Duhigg / New Yorker: A close look at Chamath Palihapitiya and SPACs, which could become a fixture of the economy as investors develop proper skepticism and regulations emerge  —  Chamath Palihapitiya says that the investment tool lets ordinary people get rich off startups.  It may be hype—but hype can be its own economic engine.

Red 6, which is developing an AI-powered AR system for airborne military combat training, raises $30M Series A led by Snowpoint at a $130M post-money valuation (Nat Rubio-Licht/Los Angeles Business ...)

Nat Rubio-Licht / Los Angeles Business Journal: Red 6, which is developing an AI-powered AR system for airborne military combat training, raises $30M Series A led by Snowpoint at a $130M post-money valuation  —  Santa Monica-based Red Six Aerospace Inc. closed a $30 Million Series A round to fund the company´s augmented reality training technology.

San Francisco-based ElectroNeek, which offers companies robotic process automation software, raises $20M Series A led by Baring Vostok, at a $100M valuation (Kyle Wiggers/VentureBeat)

Kyle Wiggers / VentureBeat: San Francisco-based ElectroNeek, which offers companies robotic process automation software, raises $20M Series A led by Baring Vostok, at a $100M valuation  —  Elevate your enterprise data technology and strategy at Transform 2021.  —  ElectroNeek, a robotic process automation . …
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