The Abu Dhabi AI firm G42 owned by the Spy Chief of UAE has invested in ByteDance. The Company was valued at about $220 billion in a recent private market by Abu Dhabi artificial intelligence firm G42, a significant discount to the $300 billion set in the TikTok owner's...
Read moreOpenAI, one of the leading artificial intelligence research labs, has recently released a new version of their Chatbot ChatGPT, GPT-4. This latest update promises to be even more powerful than its predecessor, GPT-3, which has already made waves in the AI community for its ability to generate human-like language....
Read moreIn recent times, the Global financial stocks of technology industry has been at the forefront of global economic growth. Among the most successful tech companies are those based in Silicon Valley. However, a recent announcement by Silicon Valley Bank (SVB) caused a significant drop in financial markets worldwide, leading...
Read moreSpaceX has announced that it plans to test cellular service on the Starlink satellite network in partnership with T-Mobile later this year. The test will involve using Starlink's satellite internet service to provide cellular connectivity in remote areas where traditional cell towers are not available. The move comes as...
Read moreSilicon Valley Bank, one of the most prominent and influential banks in the technology industry, is reportedly up for sale in an ongoing auction process. The bank has been a key player in the tech industry since its founding in 1983, providing banking services to startups and established companies...
Read moreThe field of language AI is about to take a significant leap forward with the upcoming release of GPT-4. The fourth iteration of OpenAI's groundbreaking Generative Pre-trained Transformer (GPT) language model is expected to bring new capabilities that will push the boundaries of what is possible in natural language...
Read moreMeta, the social media giant formerly known as Facebook, is reportedly considering a new round of layoffs that could be on the same scale as last year's. The move comes as the company looks to reorganize its operations and shift its focus towards the metaverse. Last year, Meta laid...
Read moreOn March 10th, 2023, Asia stocks experienced their worst day in five months, with major Asia stocks indexes such as the Nikkei, Hang Seng, and Shanghai Composite all suffering significant losses. The reason behind this downturn can be attributed to the financials slide prompt. Financials refer to companies that...
Read moreThe world of cryptocurrency is always unpredictable, and sometimes it can be volatile. Recently, we witnessed one such event when Bitcoin, the world's most valuable cryptocurrency, took a steep dip in its value. As a result of Crypto flash crash, several exchanges, including the popular cryptocurrency exchange, Huobi, suffered...
Read moreTikTok, the popular short-form video app, has announced a major investment of $1.3 billion investment to establish safeguards in Europe. The move is aimed at addressing concerns over data privacy, security, and content moderation, and is part of TikTok's broader efforts to build trust with users and regulators around...
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