Palo Alto, United States, 11th December 2024, Chainwire
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658 Views
Electric Car
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Electric Vehicles
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Transportation
GM exits robotaxi market after spending $10 billion on Cruise, shifting operations in-house
After pouring more than $10 billion into its robotaxi venture, General Motors (GM) has decided to cut its losses and abandon its driverless ride-hailing service, Cruise. According to a recent Bloomberg report, GM will cease funding its Cruise division’s robotaxi development […]
2.1K Views
The holiday season is the perfect time to show appreciation, especially for those who work behind the scenes to make our lives easier. Delivery drivers, who often work long hours in low-paying jobs, help ensure our packages arrive on time. […]
2.8K Views
London, united kingdom, 10th December 2024, Chainwire
676 Views
Acquisition
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Cybersecurity
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Gen Digital to acquire fintech firm MoneyLion for $1 billion to expand its financial wellness offerings
Gen Digital, the company behind Norton and Avast, is stepping into the fintech world with its $1 billion acquisition of MoneyLion. The move highlights the growing intersection of cybersecurity and financial technology as businesses look to deliver more comprehensive consumer […]
1.4K Views
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VR
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Wearables
Why is the Meta Quest Failing to Deliver Massive Mainstream Gaming Experiences?
There was a time when virtual reality (VR) was thought of as the next big thing in gaming, the next platform for never-before-seen levels of immersion and creativity. If your name is Mark Zuckerberg, you probably still think it is. […]
2.3K Views
Panama, Panama, 10th December 2024, Chainwire
541 Views
Artificial Intelligence
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Cloud
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Google backs $800M funding round for clean energy startup Intersect Power to fuel sustainable AI data centers
The mainstream adoption of generative AI is driving a surge in demand for AI-focused data centers, pushing companies and investors to look for sustainable solutions. One of the key players in this space is Intersect Power, a clean energy startup […]
2.2K Views
London, United Kingdom, 10th December 2024, Chainwire
531 Views
Launch
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Quantum Computing
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Semiconductor
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Google unveils Willow: Breakthrough quantum chip that solves 10 septillion-year (10^25-year) problem in under 5 minutes
Google has unveiled Willow, its latest quantum chip, marking a significant leap in quantum computing. This breakthrough chip addresses one of the field’s biggest hurdles: reducing errors as systems scale up. With Willow, Google claims to have solved a 30-year […]
5.7K Views
Artificial Intelligence
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OpenAI officially launches Sora, ushering in a new era of AI video creation
Ten months after first teasing Sora, OpenAI’s innovative video-generation model, the company has officially launched it. OpenAI CEO Sam Altman announced the launch of Sora, stating that the platform is now available alongside a new product designed to complement it. In […]
1.2K Views
Dnipro, Ukraine, 9th December 2024, Chainwire
673 Views
Back in the summer, we covered the looming FinCEN reporting requirements mandating all U.S. businesses to disclose details about their beneficial owners. This directive, set to take effect on January 1, 2025, stems from the Corporate Transparency Act (CTA) of […]
745 Views
Featured
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Launch
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Space
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Ex SpaceX engineer’s startup General Matter seeks to produce US-made HALEU nuclear fuel to reduce dependence on Russia
Russia holds about 8% of the world’s uranium resources, yet it mines only around 5% of the global supply, as of 2021. Despite its smaller production scale, Russia dominates more critical stages of the nuclear fuel cycle. Currently, it stands […]
5.1K Views
Denpasar, Bali / Indonesia, 9th December 2024, Chainwire
700 Views
Dubai, UAE, 9th December 2024, Chainwire
614 Views
Mahe, Seychelles, 9th December 2024, Chainwire
896 Views
Featured
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FinTech
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Startups
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Ant Group names Cyril Han as CEO as it looks to recover from Beijing’s tech crackdown
Ant Group has named its president and finance chief Cyril Han as its next CEO. The leadership change reflects the company’s efforts to rebuild momentum and reignite growth after years of regulatory challenges in China. Han will officially take over […]
2.5K Views
Artificial Intelligence
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Emerging Technology
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This guy spent 8 hours testing ChatGPT Pro ($200/month) vs. Claude Sonnet 3.5 ($20/month)—The results will surprise you
This week, OpenAI introduced O1, a new AI model that the company has labeled “the smartest model in the world.” Along with this announcement came ChatGPT Pro, a premium subscription priced at $200/month. It’s pitched at power users and businesses […]
10.5K Views
London, united kingdom, 6th December 2024, Chainwire
752 Views