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Month: June 2024

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Singapore and US Strengthen AI Collaboration to Enhance Skills for Youth and Women

In a significant step toward enhancing technological cooperation, Singapore and the United States have announced an expansion of their collaborative efforts in artificial intelligence (AI), emphasizing talent development among youth…

Nigeria Defends Prosecution of Binance Executive Amid U.S. Lawmakers’ Criticism

The Nigerian Minister of Information, Mohammed Idris, has affirmed that the ongoing legal proceedings against Binance and its executive, Tigran Gambaryan, adhere strictly to the country’s legal protocols. Gambaryan faces…

ETH Ecosystem Users Increase Ninefold Since 2020 as VanEck Predicts $22K by 2030

There are almost nine times as many daily active users in the Ethereum ecosystem today compared to four years ago, and analysts suggest that this increasing demand is set to…

Short positions in Nvidia reach $34 billion, according to S3 Partners.

As Nvidia inches closer to overtaking Microsoft as the world’s most valuable company, its rapid ascent has not gone unnoticed in the financial markets. With Nvidia’s shares skyrocketing, a significant…

Beware of Fake Work-from-Home Jobs – It’s a Ploy to Steal Your Crypto

Be cautious if an employer demands that you send cryptocurrency to secure your dream job working from home. The United States Federal Bureau of Investigation (FBI) warns that it’s likely…

Stability AI Launches New Sound Generator

Stability AI, known for its AI-powered art generator Stable Diffusion, has launched a new open AI model called Stable Audio Open, designed for generating sounds and songs. The model was…

Samsung Union Initiates First-Ever Strike Due to Wage Disagreement

On a significant day in Samsung Electronics Co.‘s history, the company witnessed its first-ever strike by the largest union, marking a pivotal moment in the tech giant’s 55-year history. The…

Turkey Denies Plans to Tax Crypto and Stock Gains, Considers Limited Transaction Levy

Turkey has dismissed plans to impose taxes on profits from stocks and cryptocurrencies but suggested a “very limited” levy on transactions. According to Bloomberg, Treasury and Finance Minister Mehmet Şimşek…

US Regulators Investigate Microsoft, OpenAI, and Nvidia for Potential Antitrust Violations

Microsoft, OpenAI, and Nvidia are under heightened scrutiny from US regulators for potential breaches of antitrust laws in the artificial intelligence sector. The Department of Justice (DoJ) and the Federal…

Sirion, Valued at Approximately $1 Billion, Acquires Eigen Amid Consolidation in Enterprise AI Tools Sector

In a strategic move that underscores the growing integration of AI technology in business applications, Sirion Labs, a pioneering company in AI-powered contract management, has acquired Eigen Technologies. This deal…

Most Celebrity Tokens Drop Over 66% Since Jenner’s Surprising Crypto Launch

The recent wave of celebrity-backed tokens launched last week has faced significant declines, with many dropping over 66% from their peak values. Notably, tokens such as JENNER, DAVIDO, and RICH…

Tesla’s Elon Musk May Depart if $56 Billion Compensation Plan Fails, Board Chair Warns Shareholders

Tesla’s board chair, Robyn Denholm, is urging shareholders to approve Elon Musk’s extraordinary $56 billion compensation package, cautioning that rejecting the proposal might lead the CEO to explore other opportunities.…

Vanguard and NXP, backed by TSMC, will construct a $7.8 billion wafer plant in Singapore.

In a significant development for the global semiconductor industry, Vanguard International Semiconductor Corporation, a company backed by Taiwan Semiconductor Manufacturing Co. (TSMC), along with Dutch chip designer NXP Semiconductors, have…

Is Generative AI a terrible threat to human creativity or a driver of innovation?

Generative AI, a cutting-edge technology, is reshaping the landscape of human creativity. With its ability to generate content autonomously, questions arise about whether it poses a threat or acts as…

Australia Ends Legal Battle to Have Violent Video Removed by X

Australia’s eSafety Commission has concluded its legal efforts to have a violent video depicting a clergyman’s stabbing removed from X (formerly Twitter). The incident, which occurred on April 15 in…

China’s Chang’e-6 Captures Historic AI-Enhanced Selfie on the Moon’s Far Side

In a groundbreaking development in space exploration, the Chang’e-6 mission has made headlines not just for its scientific accomplishments but also for the unique way it captured images on the…

Ethereum ETF Launch Date Hinges on Issuers’ Responsiveness, Not SEC Delays — Gensler

The approval timeline for United States-based spot Ether exchange-traded funds (ETFs) hinges on how quickly issuers can address feedback from the Securities and Exchange Commission (SEC), according to SEC Chair…

Coinbase Rolls Out Smart Wallet with No Gas Fees and Easy Onboarding

Cryptocurrency exchange Coinbase is launching a smart wallet, aiming to provide users with greater convenience through simplified onboarding, the elimination of gas fees, and the removal of recovery phrases. The…

Google Invites Public to Help Save Coral Reefs with AI

Google has introduced an innovative AI tool, SurfPerch, designed to enhance our understanding of coral reef ecosystems and their health. Developed in collaboration with Google Research and DeepMind, SurfPerch analyzes…

Khosla Ventures Invests in AI-Powered Weather Balloon Startup Windborne

Windborne, a California-based startup, has secured a $15 million investment led by Khosla Ventures. This funding is aimed at enhancing the startup’s pioneering use of AI and weather balloons to…