Mistral AI’s valuation soars to a huge $6 billion; SoftBank opts out, while DST jumps in.
In a bid to fortify its position in the competitive landscape of generative AI, Mistral AI, headquartered in Paris, has successfully raised $600 million at a valuation of $6 billion.…
European Union Initiates Major Investigation into X’s Moderation Practice
The European Union has launched a comprehensive investigation into X, formerly known as Twitter, under the Digital Services Act (DSA), a significant regulatory framework aimed at curbing illegal and harmful…
Checkfirst Secures a big $1.5M in Pre-Seed Funding to Enhance Remote Inspections and Audits with AI
In the complex world of Testing, Inspection, Certification, and Compliance (TICC), the figure of an inspector with a clipboard is familiar. These professionals meticulously check that safety and operational protocols,…
Siemens Energy Revamps Leadership at Struggling Wind Division, Improves Financial Forecast
Frankfurt/Duesseldorf, May 8 – Siemens Energy has announced a major leadership reshuffle within its wind turbine division, Siemens Gamesa, signaling a fresh approach to tackle ongoing challenges. Jochen Eickholt, the…
Wayve Achieves Record AI Funding in UK with $1 Billion Series C Round
Wayve, a U.K.-based startup focused on autonomous driving technologies, has secured $1.05 billion in Series C funding, establishing a record as the largest AI fundraise in the U.K. and placing…
Google pivots its innovative AI strategy towards bolstering cybersecurity.
In an effort to redefine cybersecurity approaches for organizations worldwide, Google has introduced its latest innovation, Google Threat Intelligence. This initiative marks a significant step forward in harnessing the power…
Spot ETH ETFs May Fall Short on Delivering Complete Returns to Investors
The cryptocurrency sector is abuzz with the recent successes of spot Bitcoin ETFs, turning the industry’s focus towards the potential for similar products based on Ethereum (ETH). However, the regulatory…
Opera’s Aria Now Summarizes Web Pages on Android Devices
Opera has enhanced the functionality of its in-browser AI assistant, Aria, by introducing a new feature that allows the tool to summarize text-based web pages on Android devices. This development…
Avalanche Teams Up with Stripe to Simplify Fiat-to-Crypto Conversion for Users
The Avalanche C-Chain network has taken a significant step in simplifying cryptocurrency access by partnering with the payment giant Stripe. This collaboration enables verified Stripe users to purchase Avalanche’s cryptocurrency,…
Runes Drive Transaction Fees Over 1,200 BTC, Offering Boost to Miners Post-Halving
In the wake of Bitcoin’s latest halving, the industry has witnessed significant shifts in the revenue dynamics for miners. A surprising twist has come from the implementation of Runes, a…
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…
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…
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…
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…
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…
‘Airbus of the Metaverse’: Europe’s Path to Leadership in Emerging Web4 Market
In a recent influential report, LSE Consulting, a subsidiary within the esteemed London School of Economics and Political Science (LSE), delineated a strategic roadmap for Europe to assert leadership in…
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,…
Exploring the European Union’s New Regulatory Landscape for Cryptocurrencies
In a significant move to combat money laundering, the European Parliament has approved a set of rigorous regulations targeting cryptocurrency companies. These regulations aim to fortify the European Union’s defenses…
Runes Transactions Account for Over Two-Thirds of Bitcoin Activity Since Its Debut
Following the recent halving event on April 20, the Bitcoin blockchain has witnessed the emergence of the Runes token standard, which has quickly accounted for a majority of the network’s…
OpenAI Forms Strategic Partnership with Financial Times to Enhance AI Model Training
OpenAI, the creator of the widely recognized AI chatbot ChatGPT, has announced a strategic partnership and licensing agreement with the Financial Times (FT), a major news organization based in London.…