Tech giants Tencent and Alibaba acquire mainland properties amidst real estate slump 2024.
In recent years, China’s tech behemoths like Tencent Holdings and Alibaba Group Holding have pivoted towards significant investments in mainland real estate. This trend emerges amidst challenging economic conditions and…
Mediacorp Initiates ‘The Big Spark,’ a Platform Linking Aspiring Entrepreneurs in Southeast Asia with Investors
On Thursday, November 16, during the Singapore FinTech Festival, Mediacorp unveiled a groundbreaking initiative designed to transform the entrepreneurial landscape in Southeast Asia. This ambitious project, named “The Big Spark,”…
CEO Aged 41 with a Net Worth of $320 Million Credits Childhood Advice for Career Success
Early Life and Inspirations Emma Grede‘s story is not a typical tale of a business mogul groomed in the heart of Silicon Valley or the financial districts of Manhattan. Raised…
Biden Administration’s Strategic LNG Export Pause: A Balancing Act Between Climate Goals and Global Energy Needs
President Joe Biden’s temporary halt on new liquified natural gas (LNG) export project approvals marks a critical shift in U.S. energy policy. This pause, aimed at reassessing the environmental and…
Cybersecurity Automation Company Torq Secures $42 Million in Enhanced Series B Funding
Torq’s Journey in Revolutionizing Cybersecurity with Hyperautomation and AI In the dynamic landscape of cybersecurity, Torq, a company self-identified as a “hyperautomation” cybersecurity startup, has recently made headlines with its…
Artisse AI Secures $6.7M for Enhanced Realism in AI Photography App
“Artisse, a groundbreaking AI photo creation application, has recently secured a notable $6.7 million in seed funding. This surge in investment comes in the wake of the viral popularity of…
Wasabi, AWS’s competitor, enhances its cloud storage with Curio AI acquisition.
Boston-based Wasabi Technologies, a rising star in the data storage industry, has recently made headlines with a strategic move that positions it to compete more effectively with major cloud vendors…
Google Chrome introduces new artificial intelligence capabilities to enhance efficiency and creative potential
Google has recently upgraded its renowned web browser, Chrome, with the introduction of Chrome M121. This latest version stands out for integrating three innovative generative AI features, which are designed…
Vicarius secures $30 million in funding to enhance its AI-driven vulnerability resolution platform.
AI-Powered Cybersecurity: Vicarious’s Journey and Vision The field of cybersecurity is rapidly evolving, with artificial intelligence (AI) playing an increasingly crucial role. Vicarious, a New York-based AI-powered cybersecurity startup, stands…
AI Voice Company ElevenLabs Secures $80 Million Investment, Debuts a Marketplace for Replicated Voices
In just two years since its inception, ElevenLabs, a startup specializing in AI voice technology, has achieved unicorn status, boasting a valuation of $1.1 billion. The company, co-founded by former…
Fairly Trained Debuts to Certify AI Tools Trained on Legally Licensed Data for Enhanced Ethical Standards
In the realm of generative AI, a significant ethical debate has emerged surrounding the training of leading models by major companies like OpenAI and Meta. These models are primarily trained…
DigitalOcean aims to democratize AI access for small businesses by providing access to Nvidia’s H100 technology
Artificial Intelligence (AI) is no longer a luxury reserved for large corporations. Small and mid-sized businesses (SMBs) are increasingly harnessing the power of AI to transform their operations and competitive…
Meta, led by Mark Zuckerberg, is investing several billion dollars in Nvidia’s AI technology
Meta is making a significant investment in Nvidia’s renowned computer chips, a crucial component in the field of artificial intelligence (AI) research and development. This financial commitment reflects the company’s…
Stability AI introduces a new, compact and efficient 1.6 billion parameter language model in their latest innovation efforts.
The significance of size in large language models (LLMs) is a crucial aspect, influencing their operational capabilities and environments. Recently, Stability AI, renowned for its pioneering Stable Diffusion text-to-image generative…
AI Chip Demand Surge Leads to Record Highs in Nvidia and AMD Stock Prices
AMD and Nvidia Reach New Heights Amid Booming AI Chip Market On Thursday, the stock market witnessed a remarkable surge in the shares of two technological behemoths, AMD and Nvidia.…
Recraft, an AI-powered graphic design tool, secures $12 million in funding to develop a foundational model
London’s Startup Landscape Enriched by Recraft’s Innovations in AI-Powered Graphic Design In the ever-evolving world of startups, London has witnessed a notable development with the emergence of Recraft. This innovative…
Synopsys is set to acquire graphics software company Ansys in a deal worth $35 billion.
The acquisition of Ansys by Synopsys, announced on a recent Tuesday, marks a pivotal moment in the technology sector, particularly in the fields of semiconductor design, software, engineering, and product…
Stability AI introduces Stable Code 3B, enhancing AI code generation by addressing common gaps.
In the rapidly evolving landscape of generative AI, Stability AI has announced a significant breakthrough in the realm of AI-powered code generation. The company, initially gaining prominence for its stable…
NVIDIA Accelerates Its AI Efforts at CES 2024
In its CES 2024 blog, NVIDIA characterized its announcements as “A Launching Pad for Generative AI” – a fitting description considering 2023 was certainly the year that Gen AI became…
Tokyo-based startup Sakana AI secures $30 million funding to innovate with streamlined AI models
Sakana AI, a groundbreaking artificial intelligence startup headquartered in Tokyo, was co-founded by two distinguished former Google engineers. The company has recently made headlines by securing a remarkable $30 million…