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India approves a $1.1B state-backed VC fund to finance high-risk areas like AI and advanced manufacturing, doubling down on an effort that debuted in 2016 (Jagmeet Singh/TechCrunch)

Jagmeet Singh / TechCrunch : India approves a $1.1B state-backed VC fund to finance high-risk areas like AI and advanced manufacturing, doubling down on an effort that debuted in 2016   —  India has cleared a $1.1 billion state-backed venture capital program that will channel government money into startups through private investors … from Techmeme https://ift.tt/a0rJTQm via IFTTT
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Analysis: despite investing $150B+ in 10+ years, China is expected to produce 2% of global AI chips in 2026 and 70x less memory storage than foreign chipmakers (Meaghan Tobin/New York Times)

Meaghan Tobin / New York Times : Analysis: despite investing $150B+ in 10+ years, China is expected to produce 2% of global AI chips in 2026 and 70x less memory storage than foreign chipmakers   —  More than a decade into Beijing's push for self sufficiency, Chinese firms are producing fewer, lower-performing chips than their foreign competitors. from Techmeme https://ift.tt/c7qQZGd via IFTTT

A deep dive into a global money-laundering ecosystem powered by crypto and messaging apps like WeChat and Telegram, used by drug cartels and criminal groups (Jessica Brice/Bloomberg)

Jessica Brice / Bloomberg : A deep dive into a global money-laundering ecosystem powered by crypto and messaging apps like WeChat and Telegram, used by drug cartels and criminal groups   —  A vast ecosystem supported by the gig economy has sprung up to clean all that cash.  —  The pitch was simple: Crypto for “cold hard cash.” from Techmeme https://ift.tt/DX6p8HV via IFTTT

Blockchain-based lending company Figure confirms a data breach; ShinyHunters hacking group published 2.5GB of data, saying Figure refused to pay a ransom (Lorenzo Franceschi-Bicchierai/TechCrunch)

Lorenzo Franceschi-Bicchierai / TechCrunch : Blockchain-based lending company Figure confirms a data breach; ShinyHunters hacking group published 2.5GB of data, saying Figure refused to pay a ransom   —  Figure Technology, a blockchain-based lending company, confirmed it experienced a data breach.  —  On Friday, Figure spokesperson … from Techmeme https://ift.tt/prmGovu via IFTTT

Apple says 74% of iPhones launched in the last four years and 66% of all iPhones are running iOS 26; 68% of iPhones were running iOS 18 as of Jan. 21, 2025 (Joe Rossignol/MacRumors)

Joe Rossignol / MacRumors : Apple says 74% of iPhones launched in the last four years and 66% of all iPhones are running iOS 26; 68% of iPhones were running iOS 18 as of Jan. 21, 2025   —  Apple has shared updated iOS 26 and iPadOS 26 adoption figures, revealing how many iPhones and iPads are running those software versions. from Techmeme https://ift.tt/Pra7IgA via IFTTT

Some former employees blame xAI's staff exodus on xAI's focus on NSFW Grok and disregard for safety, constantly playing catch up to OpenAI, infighting, and more (Hayden Field/The Verge)

Hayden Field / The Verge : Some former employees blame xAI's staff exodus on xAI's focus on NSFW Grok and disregard for safety, constantly playing catch up to OpenAI, infighting, and more   —  Former employees say the restructuring followed tensions over safety and being “stuck in the catch-up phase.” from Techmeme https://ift.tt/7UkmKis via IFTTT

Q&A with Dario Amodei on getting close to "a country of geniuses in a data center", how AI will diffuse through the economy, frontier lab profits, China, more (Dwarkesh Patel/Dwarkesh Podcast)

Dwarkesh Patel / Dwarkesh Podcast : Q&A with Dario Amodei on getting close to “a country of geniuses in a data center”, how AI will diffuse through the economy, frontier lab profits, China, more   —  “That's why I'm sending this message of urgency”  —  Dario Amodei thinks we are just a few years away from “a country of geniuses in a data center”. from Techmeme https://ift.tt/cRFexAL via IFTTT