DMR News
Advancing Digital Conversations
OpenAI to Open Its First Office in Asia, Located in Tokyo
OpenAI, the developer of the widely-used ChatGPT, is making significant strides in the Asian market with the establishment of its first office in Tokyo. This move signifies a strategic shift…
Bitcoin’s Decline Amid Iran-Israel Conflict Signals Caution for Global Markets
Bitcoin faced significant challenges in regaining momentum following its largest drop in over a year, mirroring a broader downturn across the cryptocurrency markets driven by increased geopolitical tensions in the…
Andy Jassy Voices Disappointment Over Failed Amazon-iRobot Acquisition
Amazon CEO Andy Jassy has openly criticized regulatory actions against tech mergers, with particular focus on the halted acquisition of iRobot, known for its Roomba vacuum cleaners. Speaking to CNBC’s…
Luminance, a legal tech startup supported by Mike Lynch, secures $40 million in funding amid AI excitement.
In a significant move that highlights the burgeoning interest in artificial intelligence (AI) within the legal sector, Luminance, a pioneering legal technology firm, has successfully secured $40 million in Series…
BlackRock’s Entry May Pave the Way for Regulated Stablecoins in the U.S.
The increasing involvement of Wall Street giants in the stablecoin arena is poised to accelerate the regulatory framework’s development in the United States, potentially introducing a privately-operated alternative to a…
Neurovalens Secures FDA Clearance for Anxiety Treatment Device
Neurovalens, a Belfast-based neurotech startup, has made headlines by securing FDA clearance for its pioneering noninvasive device designed to treat generalized anxiety disorder (GAD), showcasing the potential of electrical stimulation…
Hailo raises $120M to compete with powerful Nvidia amid AI chip startup challenges
The artificial intelligence (AI) chip sector, once buoyed by an influx of venture capital and investor interest, is encountering a notable shift in its funding landscape. The dominance of industry…
Grayscale CEO Predicts Reduction in GBTC Fees as Bitcoin ETF Market Evolves
In a recent development that has caught the eye of the investment world, Grayscale‘s flagship Bitcoin exchange-traded fund (ETF), known for having the highest fees among U.S. spot Bitcoin ETFs,…
Eco-Startups Are Opting for Treeless Toilet Paper
In recent years, a growing concern over the environmental impact of traditional toilet paper, which contributes to the deforestation of thousands of acres of Canadian forests annually, has led to…
Amazon gives startups free credits for Anthropic AI models.
In an ambitious move aimed at cementing its position in the burgeoning AI sector, Amazon Web Services (AWS) has significantly expanded its support for startups. By extending its cloud credits…
Sam Bankman-Fried Seeks to Overturn Conviction and Sentence Through Appeal
The legal team of Sam “SBF” Bankman-Fried, the former CEO of cryptocurrency exchange FTX, has officially initiated the process to challenge his recent conviction and subsequent sentence. On April 11,…
Federal Government Emails Compromised in Microsoft Cyberattack
The U.S. Cybersecurity and Infrastructure Security Agency (CISA) has confirmed that Russian government-supported hackers, identified as “Midnight Blizzard” or APT29, have stolen emails from multiple U.S. federal agencies. This breach…
The SEC’s Legal Offensive Against Uniswap Marks a New Phase in DeFi Scrutiny
The unfolding legal drama between Uniswap Labs, the pioneering force behind the eponymous decentralized finance (DeFi) protocol based in Brooklyn, and the U.S. Securities and Exchange Commission (SEC) signals a…
Nvidia and Georgia Tech Launch First AI Supercomputer for Student Innovation
Nvidia, in collaboration with the Georgia Institute of Technology, has unveiled the first artificial intelligence (AI) supercomputer specifically designed for student use. This groundbreaking initiative aims to provide students with…
Intel reports a $7 billion operating deficit for its semiconductor manufacturing division.
In a stark revelation that caught the attention of investors and industry analysts alike, Intel Corp. disclosed a deepening crisis within its foundry business, underscoring the challenges it faces in…
Samsung plans to unveil a financial super app, partnering with South Korean banks.
Samsung, a name synonymous with cutting-edge technology and market dominance in consumer electronics, is now venturing into uncharted territory—financial services. The South Korean conglomerate is reportedly in the advanced stages…
Chainlink Introduces ‘Transporter’: A Leap Towards Secure Cross-Blockchain Transactions
In an announcement that has stirred the cryptocurrency community, Chainlink, a leading data provider, unveiled its latest innovation – the ‘Transporter’ blockchain bridge application, on Thursday. Designed to facilitate seamless…
Shiba Inu Partners with CDSA to Address AI-Driven Issues Through Shibarium
In a groundbreaking move that further bridges the gap between blockchain technology and the entertainment industry, the Shiba Inu team, creators behind the beloved meme coin and a suite of…
Uber Eats Tests TikTok-Style Video Feeds in Major Cities
Uber Eats is setting the stage for an innovative way for users to discover new dishes and for restaurants to showcase their culinary creations with the introduction of a TikTok-like…
Tether’s Custodian Highlights Stablecoins’ Positive Impact on U.S. Economy
In the dynamic world of cryptocurrency, the role of U.S. dollar-pegged stablecoins in reinforcing the dollar’s global supremacy remains a subject of extensive debate. Howard Lutnick, CEO of Cantor Fitzgerald,…