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…
Bain Plans IPO for Japan’s Kioxia to Facilitate Refinancing of $5.8 Billion Loan
Tokyo, Japan — Bain Capital has proposed launching an initial public offering (IPO) for Japan’s Kioxia Holdings, aiming to refinance a significant debt as the semiconductor company faces financial hurdles,…
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…
Australian Securities Exchange Anticipated to Sanction Spot Bitcoin ETFs by Year-End
Australia’s main securities exchange, the Australian Securities Exchange (ASX), is reportedly on the brink of approving several spot Bitcoin exchange-traded funds (ETFs) by the end of the year. This move…
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,…
North Korea is purchasing surveillance cameras from China as part of an effort to strengthen its control.
SEOUL, South Korea — In a significant escalation of surveillance efforts, North Korea is implementing advanced monitoring technologies in schools and workplaces, while also amassing biometric data from its citizens,…
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…
‘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…
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…
Terminus Secures $276 Million to Enhance Large Language Model Applications and AIoT Technology
Beijing, China – Terminus Group, a prominent provider of artificial intelligence services based in Beijing, has successfully secured a massive $276 million in its Series D funding round. The investment…
Pettable Offers Fast and Reliable ESA Letter Services for Emotional Support Animal Owners
Pettable, a trusted name in pet health insurance, now offers a streamlined and reliable service for obtaining Emotional Support Animal (ESA) letters through online consultations. This service is designed to…