The competition to lead in general AI intensifies as Dell backs SiMa.ai with an investment.
In a significant development that underscores the escalating interest and investment in edge AI technologies, SiMa.ai, a pioneering chip startup, has proudly announced a $70 million funding round. This investment,…
Tether’s Issuance on TON Blockchain Reaches $60M, Marking a ‘Great Start,’ Says CEO
Since its introduction to The Open Network (TON) on April 19, Tether (USDT) has experienced significant growth, with $60 million worth of the stablecoin now issued, making TON the 11th-largest…
Amazon Shuts Down California Drone Delivery
Amazon has announced the discontinuation of its Prime Air drone delivery service in Lockeford, California, one of its early U.S. testing grounds for drone delivery. Meanwhile, Amazon is preparing to…
Alibaba’s esteemed chairman, Joe Tsai, asserts that China trails by two years in the AI competition.
In a revealing dialogue on the podcast ‘In Good Company,’ Joe Tsai, the co-founder of the Chinese e-commerce behemoth Alibaba, engaged with Nicolai Tangen, CEO of Norway’s Norges Bank Investment…
Bitcoin Miners Eye AI Integration in Post-Halving Era, CoinShares Reports
In the wake of the recent Bitcoin halving, which cut the reward for mining by 50%, CoinShares has released a report suggesting that crypto miners may increasingly turn to artificial…
EU Initiates Investigation into TikTok Lite, Highlighting Addiction Concerns
The European Union has initiated a second formal investigation into TikTok on Monday, April 22nd, focusing on the recently introduced TikTok Lite app. The probe addresses concerns that the app,…
Varda secures a big $90 million in funding to accelerate its space manufacturing initiatives.
In a groundbreaking move that signifies the confluence of biopharma, government ambitions, and space technology, Varda Space Industries announced on Friday its successful acquisition of $90 million in a Series…
Twelve Solana Memecoin Projects Abandoned Within a Month of Presales
In the last 30 days, at least twelve Solana-based memecoin projects that collectively raised $26.7 million through presales have been abandoned, according to data revealed by blockchain investigator ZachXBT. This…
Zipline’s Drones Reach 1 Million Deliveries, Plans Expansion into Food Service
Zipline, an autonomous delivery drone startup, has achieved a significant milestone by completing 1 million deliveries to customers. This achievement highlights the company’s extensive operational scale, having logged over 70…
SpaceX deploys South Korea’s second spy satellite, escalating the space race with North Korea.
SEOUL – In a significant advancement for South Korea’s space and defense capabilities, the country’s defence ministry announced the successful launch and orbit entry of its second homegrown spy satellite…
Bitcoin Transaction Fees Plummet Following Record High on Halving Day
Just one day after the fourth Bitcoin halving event, which saw average transaction fees soar to a record $128, the fees have dramatically decreased. On April 21, the cost for…
U.S. House Approves Bill to Ban or Sell TikTok
The U.S. House of Representatives has passed a revised bill that could potentially lead to the ban of TikTok or necessitate its sale by ByteDance, the app’s Chinese parent company.…
Apple MacBook supplies dwindling in Indonesia following recent restrictions on imports.
Indonesia’s ambitious move to bolster domestic production by enforcing stringent import regulations has triggered a wave of concerns among multinational corporations. With the onset of potential shortages looming, including coveted…
Bitwise CEO Forecasts Surge in Bitcoin ETF Investments by Wealth Management Firms
Hunter Horsley, CEO of Bitwise, anticipates a significant uptick in Bitcoin ETF holdings among wealth management firms, particularly in the wake of the recent Bitcoin halving event, which traditionally fuels…
Tesla Issues Recall for 3,878 Cybertrucks Due to Defective Accelerator Pedal
Tesla has initiated a voluntary recall of 3,878 Cybertruck vehicles following a “trapped pedal” issue that gained attention through a TikTok video posted by a vehicle owner. The issue, first…
India’s Emergence as a Leading Tech Power in Asia: A Challenge to China
In recent years, China has reigned supreme as Asia’s technological powerhouse, boasting the presence of global giants like Tencent and Alibaba, and serving as the manufacturing hub for renowned brands…
Victory Securities Announces Fee Structure for Newly Approved Bitcoin and Ether ETFs in Hong Kong
Hong Kong-based investment firm Victory Securities has unveiled the proposed fee structure for its upcoming Bitcoin and Ethereum exchange-traded funds (ETFs), following the Hong Kong Securities and Futures Commission’s (SFC)…
Uber and Nvidia-backed Serve Robotics Hits Public Market with $40M IPO
Serve Robotics, the sidewalk robot delivery company backed by Uber and Nvidia, made its public market debut on Thursday, 18th April, trading on the Nasdaq under the ticker “SERV” with…
Bitkraft Ventures raises $275M to support gaming studios and platforms amidst industry challenges.
Bitkraft Ventures, a prominent games investor headquartered in Denver, Colorado, with European founders, has successfully secured its third fund totaling $275 million. This comes as a significant milestone for the…
Bitcoin Maintains Stability Following Its Fourth Halving Event
On Friday, Bitcoin experienced its fourth halving, a significant event in the cryptocurrency’s lifecycle that adjusts the rate at which new coins are generated. Despite the potential for volatility, Bitcoin…