Cryptocurrency Expected to Reach One Billion Users by 2025, Says Analyst
The cryptocurrency industry stands on the brink of a major milestone, with predictions suggesting it could amass one billion users by the end of 2025. Bitcoin analyst Willy Woo recently…
Jack Dorsey Steps Down from Bluesky Board
Jack Dorsey, a key figure in the tech industry and the former CEO of Twitter (now X), has officially departed from the board of Bluesky, a decentralized social network he…
Lido Finance Surpasses One Million Validators, Catalyzing DeFi Sector Growth
Lido Finance, recognized as the leading liquid staking protocol on Ethereum, recently celebrated reaching one million validators, a significant landmark for the decentralized finance (DeFi) sector. Growth of Lido Finance…
Microsoft Prohibits US Police Departments from Deploying Enterprise AI Tool for Facial Recognition
Microsoft has recently updated its policies to tighten restrictions on the use of its Azure OpenAI Service by U.S. police departments, specifically banning the integration of this service for facial…
Allozymes harnesses its turbocharged enzymes for a data and AI venture, securing a big $15 million investment
Allozymes, a biotech startup, has made waves in the bio-based chemical industry with its innovative method of rapidly testing millions of enzyme variants for various chemical reactions. What began as…
InnerPlant Equips Plants with the Ability to ‘Speak’ About Their Health
A California-based startup, InnerPlant, is pioneering a novel approach to agricultural practices with its groundbreaking technology that enables plants to ‘communicate’ their distress to farmers. This innovative method employs fluorescent…
Analysts Debate Bitcoin’s Next Peak: $70K vs. $210K Amid Conflicting Predictions
The Bitcoin market is currently at a crossroads, with different models and analysts predicting vastly different peaks for this cycle. Veteran trader Peter Brandt has introduced the concept of “exponential…
Anthropic Launches Enterprise Plan and iPhone App, Challenging OpenAI’s ChatGPT
Anthropic, a generative artificial intelligence startup, has launched its first enterprise solution alongside a new iPhone application. As of Wednesday, May 1st, businesses can subscribe to Anthropic’s “Team” plan, which…
MicroStrategy’s Michael Saylor Benefits Significantly from Bitcoin Investment Amid Record Gains
Michael Saylor, the visionary co-founder and executive chairman of MicroStrategy Inc., embarked on a significant investment journey in 2020 by acquiring large amounts of Bitcoin. This decision has proven exceptionally…
Expert Who Foretold 2018 Bitcoin Crash Suggests Current Bull Run May Have Ended
Peter Brandt, the seasoned chart analyst and CEO of Factor LLC, known for his bullish outlook on Bitcoin, has recently shifted his stance. In a new report to CoinDesk, Brandt…
Pinterest Reports AI Collages Outperforms Pins in User Engagement
Pinterest has announced that its AI-powered collages are now attracting three times more user engagement compared to its traditional Pins. This revelation was part of a broader discussion during the…
Eight US Newspapers File Copyright Infringement Lawsuit Against OpenAI and Microsoft
Eight US newspapers, including the New York Daily News, Chicago Tribune, and Denver Post, have initiated a lawsuit against OpenAI and Microsoft. The lawsuit was filed on Tuesday, 30th April,…
Microsoft’s $1.5 billion investment in G42 underscores escalating tensions between the US and China
In a significant development in the global technology landscape, Microsoft has announced a strategic investment of $1.5 billion in G42, an influential Abu Dhabi-based AI company. This investment not only…
Single Miner Claims 3.125 BTC Reward in Rare Solo Mining Success
In a rare feat within the Bitcoin mining community, a single Bitcoin miner successfully solved a Bitcoin block by themselves, securing the entire block reward of 3.125 Bitcoin, approximately valued…
Backflip Secures $15 Million to Assist Real Estate Investors in House Flipping
Backflip, a startup established in late 2020, has successfully raised $15 million in a Series A funding round led by FirstMark Capital. This investment will support Backflip’s innovative approach to…
Startup Rivos Secures $250 Million in Funding to Develop AI Chips Based on RISC-V Architecture
In a significant move that underscores the growing competition in the AI computing market, chip startup Rivos has announced a successful $250 million funding round. This influx of capital sets…
Microsoft Invested in OpenAI Due to Concerns of Lagging Behind Google in AI
Microsoft’s $1 billion investment in OpenAI in 2019 was primarily driven by concerns that Google had significantly advanced in AI development, according to internal communications revealed in a US Justice…
AMD launches AI processors for corporate laptops and desktops.
Advanced Micro Devices (AMD), a leading semiconductor company, officially announced its latest innovation—a new series of chips specifically designed for artificial intelligence (AI) enabled business laptops and desktops. This move…
Ethereum’s Record Low Fees May Indicate Upcoming Altcoin Season, According to Santiment
Ethereum’s network fees have dipped to a six-month low, while the price of Ether has seen a modest increase over the recent weekend. This trend, highlighted by cryptocurrency analytics platform…
Tesla Pulls Back from Next-Gen ‘Gigacasting’ Manufacturing Process
Tesla has recently stepped back from its progressive gigacasting method of manufacturing, which would have allowed for entire vehicle underbodies to be produced in one piece. This change in strategy,…