Intel identifies AI potential in a dedicated, programmable chip division
In a significant development from the tech giant, Intel‘s programmable chip unit has officially commenced operations as a separate entity at the start of this year. The division, now named…
Waymo Gains Approval to Launch Paid Robotaxi Service in Los Angeles and San Francisco
Waymo, the autonomous vehicle division of Alphabet Inc., has received the green light from the California Public Utilities Commission (CPUC) to begin charging for its robotaxi services within Los Angeles,…
Bumble Cuts Workforce by 30% in Strategic Shift
Bumble, a leading dating platform known for its women-first approach, has announced a significant reduction in its workforce. Approximately 350 employees, constituting 30% of the company’s workforce, are set to…
Dell Projects Positive Outlook for Fiscal Year 2025 Due to Huge Demand for AI Servers
In a remarkable financial update, Dell Technologies announced its annual revenue and profit projections that significantly exceed the expectations of Wall Street analysts. This optimistic forecast is largely attributed to…
Shido Token’s Value Tumbles by 94% Following Ethereum Staking Contract Breach
In a startling turn of events, the Shido blockchain, a layer-1 entity, witnessed a dramatic plunge in its token value, nosediving by up to 94% within a mere half-hour. This…
TikTok Faces Further Song Losses Amid Its Dispute with UMG
TikTok and Universal Music Group (UMG) are embroiled in a contentious dispute leading to the removal of a significant portion of songs from the popular social media platform, as confirmed…
Figure achieves a $2.6 billion valuation by capitalizing on the excitement surrounding humanoid robots.
In a monumental move for the robotics industry, the Bay Area-based Figure Robotics has officially announced securing a whopping $675 million in Series B funding, propelling the startup’s valuation to…
Gradial Secures $5.4 Million in Funding to Integrate AI into Corporate Marketing Processes
In an ambitious leap forward for marketing automation, Gradial, a burgeoning artificial intelligence startup, has successfully closed a seed funding round of $5.4 million. This financial infusion, led by the…
Uniswap Announces Web Wallet Extension Launch
Decentralized exchange (DEX) Uniswap is set to enhance its ecosystem with the introduction of a web wallet extension for its native wallet, according to a recent announcement on February 27.…
Massive Layoffs at PlayStation: 900 Jobs Cut Across Key Studios
PlayStation has announced the layoff of approximately 900 employees, signaling a major restructuring within Sony Interactive Entertainment (SIE). This decision affects roughly 8% of the workforce in PlayStation’s division, underscoring…
Qualcomm introduces the new and improved Snapdragon X80 5G Modem-RF System at Mobile World Congress 2024
At the prestigious Mobile World Congress (MWC) held in Barcelona, Qualcomm Technologies Inc. made headlines with the unveiling of its 7th-generation Snapdragon X80 5G Modem-RF System. This groundbreaking development is…
U.S. Miners Less Affected by Bitcoin Halving Due to Energy Efficiency
Recent investigations by Hashlabs Mining reveal that the United States hosts 40% of global Bitcoin mining activities, a significant statistic that highlights the country’s dominant position in the cryptocurrency mining…
Gemma by Google: Bridging the Gap with Open-Source AI for English Language Mastery
Google has announced the release of Gemma 2B and Gemma 7B, a new suite of open-source artificial intelligence (AI) models. This strategic development is designed to empower developers by providing…
Elon Musk Reignites Excitement for Next-Gen Tesla Roadster with Bold Promises
Elon Musk has once again brought the spotlight back to Tesla’s next-generation Roadster, six years after its initial announcement. This futuristic vision, first introduced in 2017, has been marked by…
IBM claims its newest AI-powered storage platform can detect ransomware in less than 60 seconds.
In a significant move towards bolstering cybersecurity defenses, IBM has recently introduced the latest iterations of its storage technology and software solutions aimed at enhancing an organization’s capability to detect…
Bitcoin Surpasses $60K Mark for the First Time in Two Years
For the first time in more than two years, Bitcoin has crossed the $60,000 threshold, marking a significant milestone in its price trajectory. As of 1:00 pm UTC, the cryptocurrency…
Glean Raises $200M to Lead AI Innovation in the Corporate World
Glean is about to redefine how enterprises access and utilize their vast reservoirs of data. Founded by Arvind Jain, a luminary known for co-founding the cloud data management giant Rubrik,…
Crypto.com Forges Alliance with Latin America’s Premier Investment Bank for Stablecoin Initiative
BTG Pactual, a leading banking institution in Latin America, has embarked on a collaborative venture with Crypto.com, aiming to propel the integration of cryptocurrency banking services within the region. This…
Transforming Enterprise AI: Writer’s Latest Model Deciphers Text from Images
Writer, a forward-thinking startup based in San Francisco, has been making strides in developing AI writing solutions tailored for the enterprise sector. The company recently announced an innovative addition to…
The valuation of fintech behemoth Stripe surges to $65 billion following an employee stock-sale agreement.
In a significant development in the fintech sector, Stripe, a leading payments infrastructure provider, has announced its latest financial maneuver—a tender offer aimed at providing liquidity for its current and…