DMR News

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Terminus Secures $276 Million to Enhance Large Language Model Applications and AIoT Technology

Beijing, China – Terminus Group, a prominent provider of artificial intelligence services based in Beijing, has successfully secured a massive $276 million in its Series D funding round. The investment…

Io.net Takes Swift Action in Response to GPU Metadata Cyberattack

Io.net, a decentralized physical infrastructure network (DePIN), recently faced a significant cybersecurity challenge. This incident involved a SQL injection attack facilitated by exposed user ID tokens, leading to unauthorized alterations…

Fisker Cuts Workforce Again to ‘Preserve Cash’

Fisker Inc., an electric vehicle startup, has initiated another round of layoffs in an effort to conserve cash amidst financial strains. This decision comes just one week after the company…

OCBC broadens the variety of electric vehicles eligible for financing through its eco-care car loans program

SINGAPORE – OCBC Bank is broadening the accessibility of electric vehicles (EVs) through significant enhancements to its Eco-Care Car Loans scheme. As part of its ongoing efforts to support sustainable…

DOJ Refutes Tornado Cash Co-Founder’s Dismissal Request Over Charges

The United States Department of Justice (DOJ) has recently opposed a motion to dismiss the charges against Roman Storm, co-founder of Tornado Cash, reinforcing its stance that the matter involves…

Epic Games Set to Launch Fortnite on iPad as EU Labels iPadOS a Gatekeeper

Following the European Union’s classification of Apple’s iPadOS as a “gatekeeper” under its Digital Markets Act (DMA), Epic Games announced its plans to launch its hit battle royale game, Fortnite,…

Pula secures $20M Series B to offer agricultural insurance in Africa, Asia, and Latin America

Founded in 2015, Pula is a Kenyan-based insurtech firm that has been pioneering efforts to increase access to agricultural insurance for smallholder farmers across emerging markets. Their approach has been…

Achieving success by effectively balancing your passion and your paycheck

Did you know that 70% of working professionals feel torn between pursuing their passion and earning a stable income? Finding the sweet spot where your interests align with financial security…

Exploring the European Union’s New Regulatory Landscape for Cryptocurrencies

In a significant move to combat money laundering, the European Parliament has approved a set of rigorous regulations targeting cryptocurrency companies. These regulations aim to fortify the European Union’s defenses…

Cyberattack on Change Healthcare Could Affect Up to One-Third of Americans, UnitedHealth CEO Predicts

UnitedHealth Group CEO Andrew Witty disclosed on Wednesday in Congressional testimony that the recent cyberattack on Change Healthcare, a subsidiary of UnitedHealth, might have compromised the data of roughly one-third…

Baidu reports that its AI chatbot, ‘Ernie Bot’, has reached 200 million users.

HONG KONG – In a significant development within China’s artificial intelligence sector, Baidu’s Ernie Bot, a chatbot akin to OpenAI’s ChatGPT, has reached a new usage milestone, amassing over 200…

Visa’s New Dashboard Offers Refined Stablecoin Analytics by Filtering Out Extraneous Data

Visa has introduced a groundbreaking Online Analytics Dashboard aimed at demystifying stablecoin data by offering streamlined, comprehensible insights. This initiative underscores Visa’s commitment to enhancing the transparency and accessibility of…

Google Announces Layoffs Across Flutter, Dart, and Python Teams Ahead of I/O Conference

Google has recently announced layoffs affecting several key teams, including those working on Flutter, Dart, Python, and other technologies. This development comes as a precursor to the company’s annual I/O…

OpenAI launches Tokyo center, proudly introduces GPT-4 version tailored for Japanese

OpenAI, a global leader in artificial intelligence technology, has announced the expansion of its international presence with the opening of a new office in Tokyo, Japan. This strategic move not…

Runes Transactions Account for Over Two-Thirds of Bitcoin Activity Since Its Debut

Following the recent halving event on April 20, the Bitcoin blockchain has witnessed the emergence of the Runes token standard, which has quickly accounted for a majority of the network’s…

OpenAI Forms Strategic Partnership with Financial Times to Enhance AI Model Training

OpenAI, the creator of the widely recognized AI chatbot ChatGPT, has announced a strategic partnership and licensing agreement with the Financial Times (FT), a major news organization based in London.…

Netflix Required to Stop Video Game Services in Vietnam

HANOI, VIETNAM — In a decisive move, the Vietnamese Authority for Broadcasting and Electronic Information (ABEI) has issued a directive to Netflix, ordering the global streaming giant to cease its…

Debate Erupts Over Google Cloud’s New Web3 Portal in Crypto Community

Google Cloud recently unveiled a new Web3 portal designed to provide blockchain developers with extensive resources, including data sets and comprehensive tutorials on creating nonfungible tokens (NFTs). However, the launch…

Ford’s BlueCruise Hands-Free System Faces Scrutiny After Tragic Accidents

The U.S. National Highway Traffic Safety Administration (NHTSA) has launched an investigation into Ford’s hands-free driver-assistance system, BlueCruise, following its involvement in two fatal crashes. This investigation highlights growing concerns…

TSMC’s first-quarter earnings projected to increase by 5% due to robust demand for AI chips.

TAIPEI— Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s leader in advanced chip manufacturing, is gearing up to unveil its first-quarter earnings this Thursday, with expectations set for a significant profit…