If you’ve kept up with developments in the crypto space this year, you’ll know that exchange-traded funds (ETFs) have been a hot topic. 2024 started off with the approval of spot ETFs for Bitcoin, which had been pursued by different […]
Zug, Switzerland, 5th August 2024, Chainwire
Groq, a Silicon Valley startup developing chips to run generative AI models faster than traditional processors, has raised $640 million in a Series D funding round led by BlackRock Private Equity Partners. Other backers in this round included existing and […]
Apple and Nvidia led a sell-off in technology stocks on Monday as U.S. recession fears and Berkshire Hathaway’s decision to cut its stake in the iPhone maker punctured a months-long rally in the sector. High-performing tech companies, often called the […]
WILLEMSTAD, Curacao, 5th August 2024, Chainwire
In a move that echoes last year’s Hollywood strikes, video game voice actors and motion-capture performers have walked off the job, demanding stronger protections against the encroachment of artificial intelligence (AI) in their industry. The strike, which began last week, […]
Tortola, British Virgin Islands, 2nd August 2024, Chainwire
Intel announced on Thursday that it would lay off 17,500 employees, or more than 15% of its total workforce, in a bid to turn around its money-losing semiconductor manufacturing business. The Santa Clara, California-based Intel currently employs 116,500 people as […]
We’ll look back on 2024 as a very good year for GameFi. There have been few bona fide smash hits that have “pulled an Axie” and gotten mainstream gamers FOMO’ing in, it’s true. But quietly, the foundations have been built […]
Philadelphia, United States, 1st August 2024, CyberNewsWire
Indian electric scooter startup OLA Electric is set to raise $734 million in what will be the country’s biggest IPO this year. According to Reuters, the institutional investors have already received $2 billion worth of bids for the IPO, putting […]
Miami, United States, 1st August 2024, CyberNewsWire
The online education sector has experienced explosive growth in recent years, particularly since the pandemic, driven by an ever-increasing number of content creators across various platforms, from YouTube and TikTok to professionals offering bespoke courses. Riding this wave, Barcelona-based EdTech […]
Manilla, Philippines, 1st August 2024, Chainwire
In the United States, wildfires rank among the most devastating climate disasters, inflicting billions in economic losses and human suffering each year. To combat this escalating threat, blockchain climate tech startup Raad Labs is deploying a distributed network of meteorological […]
In 2021, we wrote a piece highlighting a startling fact: “80% of all US dollars in existence were printed in the last 22 months.” Back then, the money supply surged from $4 trillion in January 2020 to $20 trillion by […]
Uber and Chinese automaker BYD announced on Wednesday a multi-year partnership aimed at integrating BYD’s electric vehicles (EVs) into Uber’s ride-hailing platform worldwide. As part of the partnership, Uber plans to deploy 100,000 BYD electric cars on its ride-hailing platform, […]
Manila, Philippines, 31st July 2024, Chainwire
Web3 is a vast universe of chains and dApps, and securing and managing digital assets across multiple blockchains is crucial. To address this need, Supra, a prominent layer-1 blockchain, has unveiled a new tool to make cryptocurrency and Web3 experiences […]
Generative AI startup Perplexity AI on Tuesday unveiled a revenue-sharing initiative for publishers, marking a strategic pivot after a series of plagiarism accusations. Prominent media entities including Fortune, Time, Entrepreneur, The Texas Tribune, Der Spiegel, and WordPress.com are the first […]
