Elon Musk’s xAI Nears $6 Billion Funding, Valuation Hits $18 Billion
Elon Musk’s new AI company, xAI, is reportedly close to securing $6 billion in funding, raising its valuation to $18 billion before the deal is finalized. Initially set to raise…
Microsoft Unveils AI That Can Make Photos Talk and Sing
Microsoft Research Asia has recently introduced an experimental artificial intelligence tool, VASA-1, that transforms still images or drawings of people into realistic videos where they appear to be talking or…
Jony Ive and Sam Altman’s AI hardware startup aims to raise a big $1 billion in financing.
In an ambitious move that signals a new direction in personal technology, Jony Ive, the mastermind behind Apple’s iconic designs, and Sam Altman, the visionary leader of OpenAI, are pooling…
Samsung Electronics shares set for $326 million block sale, according to sources.
In a notable development within the South Korean stock market, Samsung Electronics (005930.KS) has experienced a substantial block sale involving approximately 5.25 million of its shares. This transaction is valued…
This Polaroid Camera Turns Pictures into Poems
Kelin Carolyn Zhang and Ryan Mather have created the Poetry Camera, an open-source device that transforms images into poetic expressions. This innovative camera combines cutting-edge technology with artistic vision, challenging…
Microsoft launches London AI hub, led by ex-DeepMind scientist Jordan Hoffmann.
In a bold move that underscores the burgeoning importance of artificial intelligence (AI) in consumer technology, Microsoft has unveiled plans for a new hub in London dedicated to its consumer…
Hugging Face Introduces a Benchmark for Evaluating Generative AI Performance in Health-related Tasks
Hugging Face, the AI startup, has introduced a new benchmark named Open Medical-LLM, designed to evaluate generative AI models on medical-related tasks. This initiative, developed in collaboration with Open Life…
The U.S. proposes $6.6 billion to TSMC for Arizona chip plants, aiming to boost security.
In a landmark move aimed at revitalizing the American semiconductor industry, the Biden administration announced on Monday a preliminary agreement that earmarks up to $6.6 billion in government funding for…
TikTok Shop Expand Secondhand Luxury Fashion Categories to UK Market
TikTok Shop has officially expanded its secondhand luxury fashion offerings to the United Kingdom, venturing into a market space currently occupied by key players such as The RealReal, Vestiaire Collective,…
Google is assisting Bengaluru in addressing its traffic issues by combining AI technology with traffic lights.
In the heart of India’s tech hub, Bengaluru, where the young and ambitious flock for burgeoning career opportunities, there’s a unanimous whisper among its denizens about the city’s Achilles’ heel…
Smartpay secures $7 million to reduce Japan’s website shopping cart abandonment rate
In a recent turn of events that highlights the persistent challenge of high website cart abandonment rates in Japan, local fintech startup Smartpay has secured a substantial $7 million in…
Cherub Innovates Angel Investing with Dating App Dynamics
Cherub, a novel marketplace that connects angel investors with entrepreneurs, has been gaining traction by integrating dating app dynamics into the investment process. Founded by Jaclyn Johnson and Angeline Vuong,…
India’s space startup Agnikul postpones its first rocket launch once more.
In a surprising turn of events, the Indian aerospace startup Agnikul Cosmos has once again postponed the maiden launch of its Agnibaan rocket, citing technical issues encountered during pre-launch checks,…
Tesla Plans to Launch More Affordable Models by 2025
Tesla has announced plans to introduce more affordable models by 2025, dispelling previous rumors about the cancellation of such projects. During the company’s first quarter earnings call, Tesla CEO Elon…
China credits innovation, not subsidies, for its EV market lead amid Yellen’s ‘overcapacity’ concerns.
Beijing, China – In a recent statement during a roundtable discussion in Paris, Wang Wentao, China’s Minister of Commerce, addressed the rapid ascent of China’s electric vehicle (EV) industry, attributing…
Oura’s Smart Ring Now Available at Target Outlets
Oura has expanded its retail presence by announcing that its smart rings will now be available at select Target stores across the United States, as well as on the retailer’s…
The Hidden Competition Among Clever Tech Giants for AI Training Data Acquisition
In the digital era’s early 2000s zenith, Photobucket reigned supreme as the globe’s leading image-hosting platform. Integral to the fabric of then-popular social networks like Myspace and Friendster, it amassed…
UnitedHealth Paid Ransom to Cybercriminals, Citing Compromised Patient Data in Change Healthcare Breach
UnitedHealth Group has disclosed that it paid ransom to cyber criminals following a cyberattack on its subsidiary Change Healthcare, which occurred in February. This decision was made in an effort…
Sachin Bansal’s fintech Navi targets a $2B valuation in its first big outside funding.
In a bold move that could potentially redefine the landscape of the Indian fintech sector, Sachin Bansal, the visionary co-founder of Flipkart, is currently in advanced discussions to secure a…
Alphabet X Unveils Project Bellwether to Predict and Respond to Natural Disasters Using AI
Alphabet X has introduced a new initiative called Project Bellwether, aimed at harnessing the power of artificial intelligence to forecast and respond to natural disasters like wildfires and flooding more…