Hinge Health, A Virtual Physical Therapy Provider, Reduces Its Workforce By 10%
Virtual physical therapy provider Hinge Health has recently laid off approximately 10% of its workforce, according to exclusive information obtained by TechCrunch. The Decision Behind the Layoffs The nine-year-old company,…
SiMa.ai raises $70 million in funding to launch a GenAI chip with multimodal capabilities
In a significant stride towards enhancing the capabilities of edge computing with artificial intelligence (AI), Silicon Valley-based SiMa.ai has announced a groundbreaking extension funding round of $70 million. This move…
Upbit Halts High-Value Crypto Transactions Over Regulatory Changes
Upbit, one of South Korea’s leading cryptocurrency exchanges, has announced a temporary suspension of deposits and withdrawals for digital assets exceeding 1 million Korean won (approximately $721). This decision is…
Meta Launches Llama 3, Asserting Its Position Among the Premier Open Models Available
Meta has unveiled the Llama 3 family of generative AI models, marking a significant advancement in their open AI model offerings. The release includes two models, the Llama 3 8B…
India considers countermeasures for election misinformation, including labels and an AI safety alliance.
In the rapidly evolving landscape of artificial intelligence (AI), the debate around the authenticity and ethical use of AI-generated content has become a global concern. With India emerging as a…
Tether CEO Stresses Importance of Competition in Stablecoin Market for Regulatory Engagement
Tether CEO Paolo Ardoino, speaking at Paris Blockchain Week, highlighted the significance of Ripple’s decision to launch its own stablecoin, noting that this move could enhance the legitimacy of the…
TikTok Tests AI Avatars for Advertising
TikTok is reportedly developing a new AI feature that could potentially change the advertising landscape on its platform by introducing virtual influencers capable of reading advertiser-generated scripts. This move could…
China’s Chery to invest US$800m in a Vietnam car plant.
HANOI, Vietnam – In a landmark move that propels Vietnam further into the global electric vehicle (EV) landscape, Chinese automaker Chery has inked a partnership with local conglomerate Geleximco. The…
Ore Project’s Creator Suggests Incentives for Testnet Participation to Mitigate Solana Congestion
Hardhat Chad, the pseudonymous creator behind the Ore project, has put forward a proposal to the Solana Foundation suggesting the implementation of rewards to enhance testnet activity amid recent network…
Apex Legends Tournament Disruption Ends with Security Patch
A hacker, known by the alias Destroyer2009, recently declared the end of a significant exploit in the popular battle royale game Apex Legends, which had caused considerable disruption during an…
Nvidia and Indosat intend to invest $200 million in an AI center in Indonesia, according to the government.
JAKARTA – In a significant advancement for technology infrastructure in Indonesia, Nvidia and the telecommunications company PT Indosat Ooredoo Hutchison have announced their collaboration to establish an Artificial Intelligence (AI)…
Telegram’s Durov Foresees Crypto-Inspired Devices to Counter Government Surveillance
Pavel Durov, the founder of the encrypted messaging app Telegram, envisions the emergence of secure communication devices inspired by cryptocurrency hardware wallets as a response to increasing government surveillance. In…
Waymo Adds Atlanta to Its Growing List of Robotaxi Test Cities
Waymo, the autonomous vehicle division of Alphabet, has initiated robotaxi testing in Atlanta, reflecting its ongoing expansion into new urban territories for its autonomous vehicle operations. This move into Atlanta…
Japanese lens manufacturer Hoya pauses operations due to a cyberattack.
In a startling development, Hoya Corp, the world’s second-largest eyeglass lens manufacturer, announced on Thursday that a system failure has halted the production of several of its products. This interruption,…
Binance.US Welcomes Former NY Fed Chief Compliance Officer to Its Board
Binance.US, the American arm of the global cryptocurrency exchange, has announced the addition of a distinguished new member to its board of directors. Martin Grant, who served as the chief…
EDPB Calls for Meta to Offer Real Privacy Choices for EU Users
The European Data Protection Board (EDPB) has released new guidance that significantly impacts advertising technology companies like Meta, suggesting a shift in how consent mechanisms are handled within the EU.…
OnePlus has developed its own iteration of the Google Magic Eraser feature.
OnePlus, the smartphone manufacturer known for its unconventional approach, has recently launched a new feature that underscores its commitment to innovation in artificial intelligence. Dubbed the AI Eraser, this tool…
UK Set to Unveil Comprehensive Crypto Regulation Framework by July
The United Kingdom Treasury is poised to introduce a detailed regulatory framework for cryptocurrencies and stablecoins by July, aiming to boost local innovation within the digital assets and blockchain sectors.…
EU Demands Risk Assessment from ByteDance for TikTok Lite Within 24 Hours
TikTok’s parent company, ByteDance, is once again under scrutiny by the European Union (EU) over concerns related to its compliance with the Digital Services Act (DSA). The EU has given…
Singapore biotech startup secures $4 million in seed financing from Elev8 and Seeds Capital
In a significant boost to the future of precision healthcare, Auristone, a groundbreaking biotechnology startup, has successfully closed a US$4 million seed funding round. This financial injection marks a pivotal…