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,…
OpenAI, Led by Sam Altman, in Discussions for a Strategic Partnership with Worldcoin
OpenAI, a trailblazer in artificial intelligence, and Worldcoin, a pioneering cryptocurrency-based universal basic income and identity verification initiative, are reportedly exploring a partnership. Both ventures are co-founded by Sam Altman,…
TikTok Expands Advertising Opportunities Amid US Ban Concerns
TikTok is actively enhancing its advertising offerings by introducing new products and expanding partnerships, even as the threat of a U.S. ban looms over the platform. The company is focusing…
Paraform Secures a Big $3.6 Million in Seed Funding to Link Startups with Recruiter Networks
Paraform, a burgeoning recruitment platform specifically designed for startups, is stepping up to transform this crisis into opportunity. The platform strategically taps into the rich pool of displaced recruiters who…
Meta Confirms Bonus Program for Threads Content Creators
Meta has recently confirmed the launch of a limited-time bonus program for creators on its Threads social network, which has achieved the milestone of 150 million monthly users. This initiative…
Io.net Takes Swift Action in Response to GPU Metadata Cyberattack
Io.net, a decentralized physical infrastructure network (DePIN), recently faced a significant cybersecurity challenge. This incident involved a SQL injection attack facilitated by exposed user ID tokens, leading to unauthorized alterations…
Fisker Cuts Workforce Again to ‘Preserve Cash’
Fisker Inc., an electric vehicle startup, has initiated another round of layoffs in an effort to conserve cash amidst financial strains. This decision comes just one week after the company…
DOJ Refutes Tornado Cash Co-Founder’s Dismissal Request Over Charges
The United States Department of Justice (DOJ) has recently opposed a motion to dismiss the charges against Roman Storm, co-founder of Tornado Cash, reinforcing its stance that the matter involves…
Epic Games Set to Launch Fortnite on iPad as EU Labels iPadOS a Gatekeeper
Following the European Union’s classification of Apple’s iPadOS as a “gatekeeper” under its Digital Markets Act (DMA), Epic Games announced its plans to launch its hit battle royale game, Fortnite,…
Pula secures $20M Series B to offer agricultural insurance in Africa, Asia, and Latin America
Founded in 2015, Pula is a Kenyan-based insurtech firm that has been pioneering efforts to increase access to agricultural insurance for smallholder farmers across emerging markets. Their approach has been…
Cyberattack on Change Healthcare Could Affect Up to One-Third of Americans, UnitedHealth CEO Predicts
UnitedHealth Group CEO Andrew Witty disclosed on Wednesday in Congressional testimony that the recent cyberattack on Change Healthcare, a subsidiary of UnitedHealth, might have compromised the data of roughly one-third…
Visa’s New Dashboard Offers Refined Stablecoin Analytics by Filtering Out Extraneous Data
Visa has introduced a groundbreaking Online Analytics Dashboard aimed at demystifying stablecoin data by offering streamlined, comprehensible insights. This initiative underscores Visa’s commitment to enhancing the transparency and accessibility of…
Google Announces Layoffs Across Flutter, Dart, and Python Teams Ahead of I/O Conference
Google has recently announced layoffs affecting several key teams, including those working on Flutter, Dart, Python, and other technologies. This development comes as a precursor to the company’s annual I/O…