We’re happy to share that Mastodon has been awarded a service agreement from the Sovereign Tech Fund @sovtechfund 🎉

[vervain@mastodon.vervainglobal.com]

@Mastodon @sovtechfund Congratulations! I'm really looking forward to seeing Mastodon and other federated services grow over the coming years

[maruey@pouet.chapril.org]

@Mastodon @sovtechfund Beautiful ! Congratulations !

[paul@whisper.tf]

@VogueLaGalere @Mastodon @sovtechfund why not simply go to the website and check? https://www.sovereign.tech/faq

[voguelagalere@mastodon.online]

@paul @Mastodon @sovtechfund Because I am completely unfamiliar with what the institution is, hence my question. I do know of a Saudi Arabian fund that is referred to as "sovereign" and that concerned me. https://en.wikipedia.org/wiki/Public_Investment_Fund So your response assumes I have knowledge of which fund, which I did not.

[paul@whisper.tf]

@VogueLaGalere @Mastodon @sovtechfund „The Sovereign Tech Agency is financed by the German Federal Ministry for Digital Transformation and Government Modernisation and is a subsidiary of SPRIND, the Federal Agency for Disruptive Innovation.“ first paragraph of the link I send which can be found on the account Mastodon mentions.

It’s funded my German tax payers like me.

[paul@whisper.tf]

@VogueLaGalere @Mastodon @sovtechfund more info: https://en.wikipedia.org/wiki/Sovereign_Tech_Agency

[mildpeach@mstdn.social]

@Mastodon Honestly, this makes me queasy. No matter how noble, it is still gov and capable of turning on an election outcome. I’ve supported M because of user funding. I’m guessing it makes others queasy too.

[lagset@mstdn.social]

Congrats!

[edwiebe@scribili.masto.host]

@ophiocephalic "This will allow server owners to opt-in to use external tools to scan content for spam, illegal materials, etc in order to help them fight bad actors"

Not actually evil.

@Mastodon @sovtechfund

[cassidy@mastodon.blaede.family]

@mildpeach @Mastodon STA is a pretty awesome program; they fund specific work that is open source. It's designed to help direct funding to critical open source infrastructure, making it more resilient and enabling the German government (and everyone else!) to be less reliant on big tech.

[gharbeia@mastodon.social]

@VogueLaGalere @paul @Mastodon @sovtechfund
In the case you refer to, an investment fund is owned by the sovereign (basically the state). It's a class of which there are many instances.
https://en.wikipedia.org/wiki/Sovereign_wealth_fund

In the other case, "sovereign" is an adjective to "tech[nology]".

This is an ambiguity of the English language due to the endings of words being non-marked.

[8@ani.work]

@Mastodon @sovtechfund

[no_blockers@mastodon.social]

@Mastodon @sovtechfund
The Fediverse keeps winning.