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Tech Rumors

Meta expects recommendations “orders of magnitude” larger than GPT-4. Why?

Today, Meta announced a remarkable claim to clarify its content recommendation algorithms. It prepares for behavior analysis systems “orders of magnitude” larger than ChatGPT and GPT-4. That’s necessary? Meta occasionally explains some of its algorithms to demonstrate its transparency. This can be enlightening or raise more questions. It’s a mix. …

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IBM buys Apptio from Vista for $4.6B cash to expand hybrid cloud services

As cloud architecture becomes more widespread, many organizations are adopting a hybrid approach, combining SaaS in private and public clouds with on-premises products. IBM bought Apptio, a hybrid data tracking platform, for $4.6 billion in cash today, doubling down on the hybrid concept. IBM plans to use Apptio alongside its …

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Amazon Prime Day is July 11-12

Amazon announced today that Prime Day will be held July 11-12. Customers receive many discounts during this event to boost sales. The event will run from July 3 to July 12. Australia, Austria, Belgium, Brazil, Canada, China, Egypt, France, Germany, Italy, Japan, Luxembourg, Mexico, the Netherlands, Poland, Portugal, Saudi Arabia, …

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London attracts a16z’s first international office with “predictable” crypto regulations

Andreessen Horowitz, a $35 billion US VC firm, will open its first international office in London, led by general partner Sriram Krishnan. The office will promote crypto, blockchain, and web3 startups. a16z invested $7.6 billion in crypto startups worldwide. “London is a major financial hub, a major tech hub, and …

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Hyper, an iPhone-based, VTuber-friendly avatar platform, raises $3.6M from Amazon and others

The most popular VTubers, online personalities who use motion-capture-powered manga- and anime-inspired avatars to interact with the world alongside games, over YouTube, and elsewhere, have hundreds of millions of hours of viewership per month, loyal fan bases, lucrative sponsorships, and demand for more. Big tech appears to be taking notice. …

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