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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…
China Ramps Up Grid Projects in Response to Renewable Energy Surge
China is undergoing a substantial enhancement of its grid infrastructure as the country faces a significant increase in renewable energy production, placing immense stress on the existing electrical systems. The…
Apple to Unveil New ‘Passwords’ App at WWDC Next Week
Apple is set to introduce a new application called Passwords at its upcoming Worldwide Developers Conference (WWDC), according to Bloomberg. This standalone app will help users manage their login credentials…
Tether Announces Strategic Investment and Launch of XAU1 Stablecoin
Tether, the digital asset company behind the USDT stablecoin, has announced a strategic investment of $18.75 million in XREX Group and the launch of a new stablecoin, XAU1. This collaboration…
Humane Issues Warning on Charging Case Due to Fire Hazard
This week has been tumultuous for the tech startup Humane, following its recent product launch debacle with the Ai Pin. Adding to its challenges, Humane has issued a precautionary warning…
Hon Hai to Build Advanced Computing Center on NVIDIA’s Blackwell Platform
Kaohsiung, Taiwan – Hon Hai Technology Group, widely recognized as Foxconn, is poised to dramatically expand its technological horizons with the introduction of a new advanced computing center in Kaohsiung,…
Centralized Crypto Exchange Trading Volume Drops to $5.2 Trillion in May
According to the latest report by CCData, May 2024 saw a significant decline in both spot and derivatives trading volumes in the cryptocurrency market. The combined trading volume on centralized…
Tether CEO Warns of New Wave of Crypto Airdrop Scam Emails; CoinGecko Potentially Affected
Cryptocurrency users should exercise extreme caution, as a prominent industry leader has warned of a potential new wave of crypto airdrop scam emails. Paolo Ardoino, the CEO of Tether, revealed…
Elon Musk Doesn’t Grasp EU’s Worries About X Disinformation, Says Official
EU Commissioner Vera Jourová has voiced significant concerns about Elon Musk’s grasp of European issues surrounding disinformation on X, the social media platform formerly known as Twitter. Jurová’s comments come…
MediaTek Enhances AI Capabilities with Latest Chipsets Unveiled at Computex 2024
On June 1, MediaTek celebrated its 27th anniversary at Computex 2024, a significant milestone that was not just a celebratory event but also a platform to unveil its bold new…