Microsoft Prohibits US Police Departments from Deploying Enterprise AI Tool for Facial Recognition
Microsoft has recently updated its policies to tighten restrictions on the use of its Azure OpenAI Service by U.S. police departments, specifically banning the integration of this service for facial…
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…
Huawei Malaysia expects industries to adopt 5.5G technology.
Kuala Lumpur – Huawei Technologies (Malaysia) Sdn Bhd (Huawei Malaysia) has set its sights on revolutionizing various industries in Malaysia through the deployment of its 5G-Advanced (5.5G) technology. With its…
Anthropic Launches Enterprise Plan and iPhone App, Challenging OpenAI’s ChatGPT
Anthropic, a generative artificial intelligence startup, has launched its first enterprise solution alongside a new iPhone application. As of Wednesday, May 1st, businesses can subscribe to Anthropic’s “Team” plan, which…
Google Wallet launches in India with local features; Google Pay remains.
Google Inc. is poised to introduce its Google Wallet service in India, nearly two years after its American relaunch as a comprehensive digital wallet platform. This introduction marks a significant…
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,…
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…
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…
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,…
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…
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…
Io.net Takes Swift Action in Response to GPU Metadata Cyberattack
Io.net, a decentralized physical infrastructure network (DePIN), recently faced a significant cybersecurity challenge. This incident involved a SQL injection attack facilitated by exposed user ID tokens, leading to unauthorized alterations…
OCBC broadens the variety of electric vehicles eligible for financing through its eco-care car loans program
SINGAPORE – OCBC Bank is broadening the accessibility of electric vehicles (EVs) through significant enhancements to its Eco-Care Car Loans scheme. As part of its ongoing efforts to support sustainable…