Mr. Ling Ngai Lok, Chairman of Solowin Holdings, Joins Neurai as Board Advisor
Neurai is excited to announce the appointment of Mr. Ling Ngai Lok, Chairman of Solowin Holdings, as a Board Advisor. With a distinguished career in finance, fund management, and capital…
UN Report Highlights China’s Dominance in Generative AI Patent Race
China is significantly ahead of other countries in the development and patenting of generative AI technologies, such as chatbots, according to data from the United Nations. The data reveals that…
China’s BYD is set to surpass Tesla as the top producer of battery electric vehicles.
Chinese electric vehicle startup BYD is on track to surpass Tesla in battery electric vehicle (BEV) sales this year, with its market share expected to surge significantly, according to Counterpoint…
EU Targets China’s Temu and Shein with Proposed Import Duty
The European Union (EU) is planning to impose customs duties on inexpensive goods purchased from Chinese online retailers, including Temu, Shein, and AliExpress. This move, reported by the Financial Times…
South Korea Crypto Body Says Mass Token Delistings ‘Unlikely’ Amid New Laws
A group of 20 South Korean crypto exchanges has eased concerns that the country’s new digital asset regulations would lead to a mass delisting of tokens. The Digital Asset Exchange…
News outlets accuse Perplexity of plagiarism and unethical web scraping
In the age of generative AI, chatbots are capable of providing detailed answers to questions based on content sourced from the internet. However, the distinction between fair use and plagiarism,…
Cameras may soon have the capability to identify drivers impaired by alcohol.
Researchers in Australia have developed an innovative computer tracking system capable of detecting, via camera images, the level of inebriation of motorists. If successfully combined with surveillance cameras, this technology…
Why Nvidia is Poised to Gain a Significant Advantage Over AMD
Micron has revealed performance figures for its next-generation graphics memory, and if these numbers hold true, they could herald a significant leap forward for upcoming graphics cards. The company claims…
Salesforce Shareholders Vote Against Executive Pay Package
Salesforce shareholders voted against approving the company’s executive compensation plan, defying the board’s recommendation to endorse the payouts for top executives, including CEO Marc Benioff. In a regulatory filing on…
Japan’s SmartHR raises $140M Series E as HR tech demand boosts ARR to $100M.
SmartHR, a cloud-based human resources and labor management software startup, announced on Monday that it has successfully raised $140 million in a Series E funding round. The round was led…
Circle Becomes First Licensed Stablecoin Issuer Under MiCA
On July 1, Jeremy Allaire, co-founder and CEO of Circle, announced that the firm had achieved a significant milestone by becoming the first stablecoin issuer in the European Union to…
MIT Unveils Soft Robotic Gripper for Automated Grocery Packing
MIT’s CSAIL department has unveiled RoboGrocery, a soft robotic system designed to bag groceries using computer vision and a soft robotic gripper. This system is a notable advancement in the…
Coinbase to Custody Digital Assets for US Marshals Service
The United States Marshals Service (USMS) has selected Coinbase Prime, the institutional investing arm of Coinbase, to manage the custody of certain digital assets. In a notice released on July…
YouTube Now Accepts Requests to Remove AI-Generated Content Using Your Face or Voice
YouTube now allows users to request the removal of AI-generated content that simulates their face or voice. This policy, quietly rolled out in June, is part of YouTube’s expanded privacy…
In 2024, President Biden revoked eight licenses for China’s Huawei.
The Biden administration has revoked eight licenses this year that had previously allowed some companies to ship goods to Chinese telecoms equipment giant Huawei. This action, first reported by Reuters,…
Vitalik Buterin Proposes Faster Ethereum Transactions with Single-Slot Finality
Ethereum co-founder Vitalik Buterin is aiming to significantly accelerate transaction times on the Ethereum network. In a blog post published on June 30, titled “Epochs and Slots All the Way…
Government Movements in Cryptocurrency: German and U.S. Actions Highlighted
Recent actions by the governments of Germany and the United States have placed them at the forefront of cryptocurrency management discussions. These countries have actively moved significant amounts of cryptocurrency,…
Meta’s Consent or Pay Model May Face Charges for Violating EU’s Digital Markets Act
Meta is under scrutiny by the European Union for violating the Digital Markets Act (DMA), following a recent investigation. This investigation, which also includes Apple and Google’s parent company Alphabet,…
Japan’s first new banknotes in 20 years use holograms to prevent counterfeiting.
Japan has launched its first new banknotes in 20 years, featuring innovative three-dimensional portraits of prominent figures in financial and female education institutions. This initiative aims to enhance security and…
Bitcoin Hashrate Drawdown Dips to December 2022 Levels
The Bitcoin hashrate drawdown, a crucial metric measuring dips in the relative computing power of the Bitcoin network, has declined to levels not seen since December 2022, following the collapse…