While everyone was busy talking about the collapse of Silicon Valley Bank, the popularity of non-fungible tokens (NFTs) as the NFT market climbed to more than $40 billion in value in March, according to a report from Forbes. The future […]
Climate change is one of the biggest threats of our time. According to some estimates, losses due to weather-related events have increased nearly ten-fold over the last four decades, from a ten-year global average of $12 billion in 1980 to […]
“Microsoft fired their AI safety team?,” that was the question Elon Musk asked on Twitter following a Platformer report that “Microsoft laid off its entire ethics and society team within the artificial intelligence organization as part of recent layoffs that […]
In days leading up to the collapse of Silicon Valley Bank (SVB), venture capital firms and tech startups scrambled to withdraw their deposits. But the fallout was widespread. Stablecoin USDC also lost its peg, falling as low as $0.88 on […]
Good evening! Below are some of the top tech startup news stories for Wednesday, March 15, 2023. Federal Reserve to launch a new instant payments system called “FedNow” in July The rumors about central bank full-reserve digital currency or Central […]
In less than four months, ChatGPT has grown to become the most popular and powerful AI innovation of our time. ChatGPT took the internet by storm late last year as the dialogue-based AI chatbot crossed one million users just five days […]
Open XDR innovator Stellar Cyber today announced the launch of its InterSTELLAR Partner Program to accelerate revenue for resellers of its Open XDR platform. Stellar Cyber was recently named one of the 10 Hot XDR Security Companies You Should Watch […]
Actor Ryan Reynolds has achieved yet another major success with the sale of his budget wireless provider Mint Mobile to T-Mobile US Inc. for over a billion dollars. On Tuesday, T-Mobile announced that it has entered into a definitive agreement […]
Americans lost $10.3 billion to a wide range of internet scams in 2020, the Federal Bureau of Investigation (FBI) said in its report released this month. During the same year, the FBI also found an increase in the use of […]
While venture capital firms and tech startups are relieved that the U.S. government stepped in to fully protect their deposits at Silicon Valley Bank (SVB), the collapse will have far-reaching implications on U.S. venture-backed startups and the broader tech ecosystem […]
Abu Dhabi-based artificial intelligence company G42 has acquired a $100 million-plus stake in Tiktok-parent ByteDance, valuing the company at $220 billion, Bloomberg News reported on Tuesday, citing people familiar with the matter. Founded in 2018, G42 specializes in artificial intelligence […]
Adept, an AI tech startup co-founded by a former OpenAI engineer, has raised $350 million in Series B funding led by General Catalyst and Spark Capital, with participation from existing investors, new financial partners, and some of the most “iconic […]
Good evening! Below are some of the top tech startup news stories for Tuesday, March 14, 2023. Google brings AI-powered features to Gmail and Docs as AI race heats up With the soaring popularity of OpenAI ChatGPT, Alphabet’s Google is […]
Korean gaming giant Wemade has partnered with Microsoft-backed Web3 data platform Space and Time. As part of the partnership, Wemade will leverage Space and Time’s decentralized suite of developer tools to power its blockchain and gaming services. Wemade is a […]
After a hugely successful launch of its ChatGpT in November, OpenAI today announced the launch of the latest version of its primary large language model, GPT-4. Unlike its predecessors, OpenAI said the new GPT-4 is a large multimodal model that […]
A Russian fighter jet downed a U.S. drone operating over the Black Sea on Tuesday, the US European Command said in a statement. Blaming a pair of Russian fighter jets for “reckless” maneuvers which resulted in the MQ-9 drone being […]
Just last week, we wrote about Anthropic after the Alphabet-backed AI startup announced it was close to raising $300 million from investors at around a $5 billion valuation. Co-founded by former OpenAI employees, Anthropic came into the spotlight following the […]
Flat6Labs, a Middle East and North Africa (MENA) region’s leading seed and early-stage venture capital firm, today announced the launch of a new $95 million venture capital fund to expand its footprint and impact in Africa. Flat6Labs said it will […]
The collapse of Silicon Valley Bank (SVB) on Friday afternoon left venture capital firms, tech companies, and startups scrambling in uncertainty. Then over the weekend, the FDIC, Treasury, and the Federal Reserve stepped in to reassure depositors their cash is […]
Facebook-parent company Meta announced on Tuesday it would cut 10,000 jobs, just four months after it let go 11,000 employees, making the social giant the first Big Tech company to announce a second round of mass layoffs. In a message […]
