When you think about NFTs, the first thing that comes to mind is often digital art and images of apes. However, The Quest of Evolution, a decentralized artist collective, is taking NFTs to a new level by using dynamic NFT […]
Move over, ChatGPT! Inflection AI, the artificial intelligence startup founded by LinkedIn co-founder Reid Hoffman and Google DeepMind co-founder Mustafa Suleyman, today released its first AI chatbot product called Pi similar to OpenAI’s ChatGPT. Inflection said that Pi uses generative […]
First, it was BuzzFeed News, now Vice is reportedly preparing to file its own bankruptcy. The New York Times reported late yesterday that Vice Media Group, the parent company of media websites Vice and Motherboard, is on the verge of […]
International Business Machines Corp (IBM) said today that thousands of jobs within the company are going to be replaced by AI and automation in the next few years. In an interview with Bloomberg on Monday, CEO Arvind Krishna told the […]
The market size of the Accounting Services industry, measured by revenue, is valued at $144.5 billion in 2023. And yet, the CPA profession, which makes up a large portion of this industry, has been struggling with fragmentation and inefficiency when […]
Lyft is the latest to join the layoff trend. The ride-hailing app giant is laying off 1,072 employees, or about 26% of its corporate workforce, the company said in an SEC filing Thursday. Lyft also added that it won’t hire […]
“Today we announced that we’re scaling back our org by over 50% and saying goodbye to many talented, dedicated teammates in the process. We’re deeply sorry to be doing this, and we would not be making this change if we […]
The sudden success of OpenAI ChatGPT has led to a surge in the flow of investment into generative artificial intelligence (AI) as investors pour billions of dollars into promising AI startups. The latest is Replit, a San Francisco-based generative AI […]
In the US, credit and debit cards make up 57 percent of consumer payments. But the true costs of processing payments to merchants remain hidden from the average consumer. Card fees, particularly for small transactions, can account for more than […]
Good evening! Below are some of the top tech startup news stories for Wednesday, April 26, 2023. General Motors to stop making its best-selling electric vehicle Chevy Bolt Just like that, General Motors’ most popular electric car is on […]
Cryptocurrency and blockchain technology continue to garner increased user adoption thanks to their decentralized nature. This allows individuals to build permissionless and censorship-resistant DeFi systems that shift control away from intermediaries and centralized authorities, such as banks and governments. But […]
API unicorn Rapid (formerly known as Rapid AP) valued at $1 billion just a year ago, has laid off half its workforce, translating to about 115 employees. The unicorn startup doubled its team over the past year at a time […]
Microsoft Edge is the default web browser for Windows 10 but only gets about 11% of the desktop browser market share as of January 2023. Although Microsoft Edge has been lauded for its privacy features, it has recently come under scrutiny […]
Binance.US has terminated a $1.3 billion deal to buy assets of bankrupt crypto lender Voyager Digital for in a $1.3 billion deal., citing a “hostile and uncertain regulatory climate.” The news comes following a WSJ report that Binance.US was struggling […]
It’s been a while since we last covered the chat and messaging API service SendBird. Back then, the unicorn startup raised $50 million Series B to ramp up global demand for in-app messaging. Since then, the company has grown at […]
Venom, the first Layer-1 blockchain licensed by the Abu Dhabi Global Market (ADGM), today launched its public testnet after years of development. The milestone marks a significant accomplishment in Venom’s roadmap as it prepares to launch on mainnet. The public […]
ChatGPT is all the rage these days and there’s no sign of slowing down. In only five days after its launch, ChatGPT reached an impressive milestone of one million users. To put this into perspective, it took Netflix 3.5 years, Facebook […]
In November 2021, Bitcoin reached an all-time high of $68,789.63. At the time, tech investors including Billionaires Tim Draper and Chamath Palihapitiya predicted that Bitcoin would soar to over $200,000. Draper said he’s confident Bitcoin would reach $250,000 in 2023, […]
In a big blow to inventions generated by artificial intelligence (AI), the Supreme Court of the United States on Monday refused to issue patents for AI inventions created by computer scientist Stephen Thaler. The highest court in the country rejected […]
Modern cybersecurity uses several complex tools to thwart attackers. However, even the most sophisticated tool struggles to combat malicious insider threats. So, what is an insider threat, and why are they so potent? Briefly, insider threats are dangers a disgruntled […]
