Jony Ive and Sam Altman’s AI hardware startup aims to raise a big $1 billion in financing.
In an ambitious move that signals a new direction in personal technology, Jony Ive, the mastermind behind Apple’s iconic designs, and Sam Altman, the visionary leader of OpenAI, are pooling…
Ripple Labs Challenges SEC’s $1.95 Billion Fine Proposal, Suggests $10 Million as Adequate
On Monday, Ripple Labs formally opposed a significant enforcement action by the U.S. Securities and Exchange Commission (SEC), which seeks a staggering $1.95 billion in penalties. The company’s legal filing…
Bitcoin Halving May Create Demand Five Times Greater Than Supply, Says Bitfinex
The recent halving of Bitcoin’s mining reward has significant implications for the cryptocurrency’s market dynamics, possibly increasing demand to five times that of its supply, according to a new analysis…
This Polaroid Camera Turns Pictures into Poems
Kelin Carolyn Zhang and Ryan Mather have created the Poetry Camera, an open-source device that transforms images into poetic expressions. This innovative camera combines cutting-edge technology with artistic vision, challenging…
Crypto Payments Eye Mainstream Adoption, with Apple Pay as the Benchmark
Cryptocurrency payment platforms are gradually making their way into mainstream e-commerce platforms and retail stores, yet they lag behind the seamless experience offered by Apple Pay. Stijn Paumen, CEO of…
Hugging Face Introduces a Benchmark for Evaluating Generative AI Performance in Health-related Tasks
Hugging Face, the AI startup, has introduced a new benchmark named Open Medical-LLM, designed to evaluate generative AI models on medical-related tasks. This initiative, developed in collaboration with Open Life…
The U.S. proposes $6.6 billion to TSMC for Arizona chip plants, aiming to boost security.
In a landmark move aimed at revitalizing the American semiconductor industry, the Biden administration announced on Monday a preliminary agreement that earmarks up to $6.6 billion in government funding for…
TikTok Shop Expand Secondhand Luxury Fashion Categories to UK Market
TikTok Shop has officially expanded its secondhand luxury fashion offerings to the United Kingdom, venturing into a market space currently occupied by key players such as The RealReal, Vestiaire Collective,…
IBM Acquires HashiCorp for $6.4 Billion, Expanding Its Hybrid Cloud Portfolio
IBM has announced its acquisition of cloud management vendor HashiCorp for $6.4 billion. This acquisition adds to IBM’s series of strategic purchases aimed at enhancing its hybrid cloud capabilities, following…
RFK Jr. Advocates for Blockchain-Based U.S. Budget to Ensure Transparency
During a rally in Michigan on April 21, U.S. presidential candidate Robert F. Kennedy Jr. unveiled his plan to revolutionize government transparency by placing the entire U.S. federal budget on…
Cherub Innovates Angel Investing with Dating App Dynamics
Cherub, a novel marketplace that connects angel investors with entrepreneurs, has been gaining traction by integrating dating app dynamics into the investment process. Founded by Jaclyn Johnson and Angeline Vuong,…
Record $107 Million in Bitcoin Mining Revenue on Halving Day
On April 20, 2024, a landmark day in the cryptocurrency industry, Bitcoin mining revenue soared to a new all-time high, crossing the $100 million threshold for the first time. Miners…
Tesla Plans to Launch More Affordable Models by 2025
Tesla has announced plans to introduce more affordable models by 2025, dispelling previous rumors about the cancellation of such projects. During the company’s first quarter earnings call, Tesla CEO Elon…
ZKasino Stirs Community Ire by Redirecting $33M of ETH to Staking Protocol Instead of Issuing Refunds
ZKasino, a blockchain-based gambling project, is currently under fire for reallocating $33 million worth of Ether (ETH) entrusted by users and investors to the staking protocol Lido, deviating from its…
Oura’s Smart Ring Now Available at Target Outlets
Oura has expanded its retail presence by announcing that its smart rings will now be available at select Target stores across the United States, as well as on the retailer’s…
The Hidden Competition Among Clever Tech Giants for AI Training Data Acquisition
In the digital era’s early 2000s zenith, Photobucket reigned supreme as the globe’s leading image-hosting platform. Integral to the fabric of then-popular social networks like Myspace and Friendster, it amassed…
Base Founder Jesse Pollak Champions Memes as Drivers of Crypto Onboarding Explosion
Jesse Pollak, the founder of Base, a layer-2 network associated with Coinbase, recently highlighted the significant role memes play in driving user engagement and adoption within the cryptocurrency ecosystem. Speaking…
UnitedHealth Paid Ransom to Cybercriminals, Citing Compromised Patient Data in Change Healthcare Breach
UnitedHealth Group has disclosed that it paid ransom to cyber criminals following a cyberattack on its subsidiary Change Healthcare, which occurred in February. This decision was made in an effort…
Alphabet X Unveils Project Bellwether to Predict and Respond to Natural Disasters Using AI
Alphabet X has introduced a new initiative called Project Bellwether, aimed at harnessing the power of artificial intelligence to forecast and respond to natural disasters like wildfires and flooding more…
Microsoft Improves Azure AI Search Capabilities with More Storage and Enhanced Support for Big RAG Applications
In an era where the integration of artificial intelligence into applications is becoming increasingly pivotal, Microsoft has taken a significant stride to enhance the accessibility and efficiency of AI-driven developments.…