Tech News
Tech News and Analysis from around the web

Kim Bhasin / Bloomberg:
Massachusetts-based Dust Identity, which links physical items to digital records with diamond dust marks, raised a $40M Series B led by Castle Island Ventures — - Company marks goods with invisible diamond dust for tracing — Aim is to combat counterfeiting in growing memorabilia market

Reuters:
Jensen Huang says Nvidia has been “working very closely with the US government” to create products that comply with US curbs on high-end chip exports to China — SINGAPORE, Dec 6 (Reuters) - Nvidia (NVDA.O) will continue to develop a new set of products that comply …

Jordan Fragen / VentureBeat:
Twitch plans to shut down in South Korea on February 27, 2024, saying the country was “prohibitively expensive” to operate in despite working to reduce costs — Games livestreaming platform Twitch is shutting down its business operations in South Korea February 27, 2024.

Greg Bensinger / Reuters:
At an all-hands meeting, Cruise President Mo Elshenawy said the company has hit an “all-time low” and its tech needs to be “significantly better” than humans — General Motors' Cruise autonomous vehicle unit has hit an “all time low,” said its new leader …

Duncan Riley / SiliconANGLE:
Asana reports Q3 revenue up 18% YoY to $166.5M, vs. $164.09M est., but warns macroeconomic headwinds continue to impact its net retention rates; ASAN drops 10%+ — Shares in Asana Inc. were down by over 12% in late trading today after the work management software company warned …

Nilay Patel / The Verge:
Q&A with IBM Quantum Director Jerry Chow on the state of quantum computing, IBM's 10-year quantum roadmap, the IBM Quantum Heron processor, qubits, AI, and more — What's a qubit? Are quantum computers useful yet? And how wrong was Ant-Man, anyway? … Today, I'm talking with Jerry Chow.

Duncan Riley / SiliconANGLE:
Cisco debuts new security tools, including Cisco AI Assistant for Security, which can understand event triage, impact and scope, root cause analysis, and more — Cisco Systems Inc. today announced a new artificial intelligence assistant designed to enhance cybersecurity measures …

Financial Times:
Binance CEO Richard Teng refuses to disclose the location of the company's global headquarters, maintaining a stance taken by former CEO Changpeng Zhao — Richard Teng maintains stance on that information held before crypto exchange pleaded guilty to US charges last month

Natasha Mascarenhas / The Information:
Source: VC firm OpenView laid off most of its staff and does not plan to make new investments, after several partners recently left the firm — OpenView Venture Partners, a Boston-based venture capital firm that has backed enterprise software firms such as Calendly and Expensify …

Mackenzie Hawkins / Bloomberg:
Dutch manufacturer of chipmaking gear ASM International plans to invest ~$324M in a US headquarters in Scottsdale, Arizona, and hire 500 people for the facility — - Company is set to hire 500 people for new Scottsdale facility — ASM is weighing whether to apply for US funding, CEO says

Andrew Cunningham / Ars Technica:
Microsoft plans to offer three additional years of monthly Windows 10 security updates, paid for annually, after the OS' end-of-support date on October 14, 2025 — Windows 10 gets a version of the program that extended updates for Windows 7. — Windows 10's end-of-support date is October 14, 2025.

Jay Peters / The Verge:
iOS 17.2 RC brings Qi2 wireless charging support to iPhone 13 and iPhone 14-series devices; Apple hasn't said if the phones will charge at 15W on Qi2 chargers — Apple just pushed the release candidate of iOS 17.2, and the upcoming update brings support for the Qi2 wireless charging standard …

Hayden Field / CNBC:
Elon Musk's xAI files with the US SEC to raise up to $1B in an equity offering, saying the startup has raised nearly $135M from four investors since November 29 — - X.AI, Elon Musk's artificial intelligence startup, has filed with the SEC to raise up to $1 billion in an equity offering.

Katie Roof / Bloomberg:
Gecko Robotics, whose robots inspect infrastructure for industries including energy, defense, and manufacturing, raised $100M at a $633M post-money valuation — - Company is valued at $633 million by USIT, Founders Fund — Pittsburgh-based startup builds inspection robots and software

Samantha Cole / 404 Media:
Alibaba's paper on its Animate Anyone AI model goes viral after videos show the model can replace TikTok influencers after being trained on TikTokers' videos — A team of researchers from Chinese retail and technology giant Alibaba released a paper this week detailing a new model, which they call “Animate Anyone.”
