Santa Clara, California, 7th January 2025, Chainwire
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Sam Altman’s cryptic tweet suggests AI nears singularity, surpassing human intelligence
OpenAI CEO Sam Altman rang in 2025 with a puzzling six-word tweet, sparking discussions about whether humanity is nearing—or has already crossed—the technological singularity. Adding fuel to the fire, another OpenAI researcher hinted at breakthroughs in creating superintelligence. Altman’s tweet, […]
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Sierra Space CEO Tom Vice steps down amid challenges as $5 billion startup struggles to launch space plane
Sierra Space CEO Tom Vice has left the company. Vice stepped down from his role, according to a report from CNBC. Chairman Fatih Ozmen will serve as interim CEO, with Eren Ozmen as president. The company also confirmed in a statement […]
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Microsoft plans $80 billion AI infrastructure investment in 2025
Microsoft is gearing up for a massive $80 billion investment in fiscal 2025 to expand its data center network for training AI models and powering cloud-based applications. The company shared its ambitious plan last week, emphasizing its commitment to AI […]
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OpenAI is losing money on ChatGPT Pro subscription plan, CEO Sam Altman says
OpenAI is grappling with an unexpected financial challenge: its ChatGPT Pro subscription, priced at $200 per month, is losing money. The subscription’s popularity has driven usage beyond initial projections, leading to operational costs that exceed revenue. In a late-night post […]
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Singapore-based startup Digital Edge raises $1.6 billion to fuel AI-driven data center expansion across Asia
Singapore-based data center startup Digital Edge has raised over $1.6 billion in funding through a mix of equity and debt financing, the company announced on Monday. This comes as demand for data centers surges, fueled by the growing need for […]
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Amit Yoran, CEO of cybersecurity firm Tenable, dies unexpectedly after battle with cancer
Amit Yoran, who led Tenable as its CEO and chair, passed away on Friday at the age of 54. His death, described as unexpected, was confirmed by Tenable in a press release on Saturday. Yoran had taken medical leave last […]
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What Kwon’s Extradition Means for Investors
The extradition of Do Kwon, the co-founder of Terraform Labs, to the United States marks a significant milestone in the cryptocurrency industry. For investors, it underscores the importance of identifying the best cryptocurrency to invest in, particularly as the market […]
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Databricks and Snowflake in talks to buy AI search startup Voyage, reports
Databricks and Snowflake are reportedly in talks with Voyage AI, a rising star in AI search technology, about a potential acquisition, according to an exclusive report from The Information. Sources familiar with the matter revealed that representatives from both companies […]
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The Ultimate Micro SaaS Playbook: How to Build, Launch, and Scale Your Niche SaaS Ideas in 2025
Happy New Year! Last summer, we explored some of the best MicroSaaS ideas, focusing on recurring pain points with significant potential for monthly recurring revenue (MRR). These ideas demonstrated how small-scale SaaS ventures could thrive by addressing niche problems effectively. […]
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Nvidia’s market value soars $2 trillion in 2024 amid AI boom, emerging as the top global market cap gainer
2024 will go down as a landmark year for Nvidia. The chipmaking powerhouse saw its market capitalization skyrocket, fueled by unprecedented demand for its GPUs and the surging interest in artificial intelligence technologies. On November 7, Nvidia’s shares reached a […]
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Dubai, United Arab Emirates, 3rd January 2025, Chainwire
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Businesses today face a stark choice: adapt with precision or risk being left behind in the relentless march of innovation. This is especially true in the realm of digital finance, where organizations find themselves at varying stages of their transformation […]
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In 2007, Justin Kan did something that had people shaking their heads. He strapped a webcam to his baseball cap, connected it to a laptop in his backpack, and began live-streaming his life. Every moment—yes, even bathroom breaks—was broadcast to […]
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Fintech startup Level abruptly shuts down after burning through $27 million of investors’ cash
Level, a benefits startup focused on providing flexible employee benefits, abruptly shut down on Thursday. The company informed its clients that efforts to sell the business had failed, forcing the closure and leaving customers in a difficult spot, according to […]
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UC Riverside scientists have developed a nanopore-based tool that could help diagnose illnesses much faster and with greater precision than current tests allow, by capturing signals from individual molecules. Since the molecules scientists want to detect — generally certain DNA […]
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Thomson Reuters acquires SafeSend for $600 million to expand tax automation offerings in the U.S.
Thomson Reuters has acquired SafeSend, a tax automation and content technology company, in a $600 million all-cash deal, the company said on Wednesday. The acquisition will enable Thomson Reuters to streamline workflows for tax professionals and taxpayers across the U.S. […]
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KuCoin launches KuCoin Pay, enabling QR-code crypto point-of-sale payments and revolutionizing retail
It’s been some time since we last featured KuCoin, one of the best cryptocurrency exchanges known for enabling trades in Bitcoin, Ethereum, and over 700 altcoins. In recent months, the KuCoin team has been quietly working on its new offerings, […]
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US Department of Treasury Hacked: Hackers stole sensitive documents in major cyber breach
The U.S. Department of Treasury revealed that hackers accessed sensitive documents in what has been described as a “major incident.” According to Reuters, Chinese state-sponsored hackers breached the department’s systems in December, exploiting vulnerabilities in a third-party cybersecurity provider, BeyondTrust. […]
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AI Friends: Meta launches AI friends on Facebook and Instagram, blurring the line between authenticity and engagement
Meta is making a bold move with AI-generated profiles. The social media giant has announced plans to integrate these profiles and characters seamlessly across Facebook and other platforms as part of a broader engagement strategy. These new profiles are more […]
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