Poland’s InsurTech startup Quantee announced on Monday it has teamed up with Zurich Insurance Group in a move set to revolutionize insurance pricing. The partnership aims to enhance Zurich’s pricing accuracy and offer personalized insurance policies tailored to individual customer […]
British digital bank startup Monzo posted its first-ever annual profit after nine years in business. In an announcement on Monday, Monzo revealed that its pre-tax profits for the fiscal year 2023-2024 totaled £15.4 million ($19.6 million), a significant turnaround from […]
Advanced Micro Devices (AMD) on Monday unveiled its latest artificial intelligence (AI) processing chips to take on industry leader Nvidia. The launch includes its 5th Gen AMD EPYC server processors and the Ryzen AI 300 series for mobile devices. During the event […]
As part of the effort to bolster its presence in Europe, Microsoft announced on Monday that it is investing 33.7 billion Swedish crowns ($3.2 billion) to enhance its cloud and artificial intelligence infrastructure in Sweden over the next two years. […]
Seychelles, Seychelles, 3rd June 2024, Chainwire
Port Charlotte, United States, 2nd June 2024, Chainwire
Doconomy, a Swedish climate-focused fintech startup, has raised €34 million ($36.9 million) in funding from leading European banks, including UBS and CommerzVentures, the venture arm of Commerzbank. The Series B financing round was co-led by UBS Next and CommerzVentures, with […]
The AI boom that began with the launch of ChatGPT in November 2022 has led to surging demand for the graphics processing units (GPUs) essential for powering AI data centers. One notable beneficiary of this surge is CoreWeave, an Nvidia-backed […]
SANTA CLARA, California, 31st May 2024, Chainwire
Making cash through online games is a dream for many, but an actual income stream can be found for many individuals. Numerous avenues for players to earn real cash have developed, with the gaming business expanding. The options are limitless, […]
In the fast-paced world of technology startups, leveraging cloud services has become a cornerstone of success. The cloud offers flexibility, scalability, and cost-efficiency that traditional IT infrastructures simply cannot match. However, hidden beneath these apparent benefits are costs that can […]
Since the meteoric rise of ChatGPT two years ago, AI startups have largely focused on leveraging AI chatbots to boost office productivity and improve efficiency. However, one AI startup has its sights on revitalizing the struggling manufacturing sector. Enter EthonAI, […]
Beleaguered electric vehicle startup Fisker has reportedly laid off hundreds of employees as part of the effort to stay afloat. The news comes as the company seeks funding, a potential buyout, or prepare for bankruptcy. According to a report by […]
Alphabet’s Google and augmented reality startup Magic Leap are joining forces in a strategic technology partnership to develop immersive experiences that seamlessly blend the physical and digital worlds. According to an exclusive report from Reuters, this collaboration aims to leverage […]
Grand Cayman, Cayman Islands, 30th May 2024, Chainwire
Ever wondered how you can better reach Web3 users on X (formerly Twitter)? The secret to game-changing Web3 marketing has just been released by Polkadot, one of the largest blockchains, which recently reduced the costs of advertising on X by […]
After 18 months of freeze, crypto exchange Gemini announced on Wednesday that it will return $2.18 billion worth of digital assets to users of its Earn program. Withdrawals have been paused since November 2022. This restitution is part of a […]
As Google grapples with backlash from the hasty rollout of its AI Overview, the tech behemoth is forging ahead with notable advancements in the wearable tech sector. On Wednesday, Google debuted the Fitbit Ace LTE, a pioneering connected smartwatch designed […]
Austin, Texas, 29th May 2024, Chainwire
Despite its success in the generative AI space, OpenAI continues to experience the departure of several key members from its leadership team. The latest is Jan Leike, one of the company’s lead safety researchers who resigned earlier this month to […]
