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Google unveils PaLM 2, its most powerful general-purpose AI to challenge Microsoft’s AI chatbot
Daniel Levi Posted On May 10, 2023


Artificial intelligence took the center-stage at Google I/O 2023 developer conference as Alphabet’s Google unveiled its most powerful general-purpose AI called Pathways Language Model(PaLM 2). As part of the launch, Google also announced it has removed the waiting list for […]


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Microsoft agrees to buy electricity from Sam Altman-backed nuclear fusion startup Helion in 5 years
Daniel Levi Posted On May 10, 2023


Microsoft announced on Wednesday it has signed a power purchase deal with nuclear fusion startup Helion Energy to buy electricity from the company in about five years, making it the first time a fusion company inked a deal to sell […]


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Cybersecurity startup SquareX launches out of stealth with $6M in funding led by Sequoia Capital to secure your online activities
Nickie Louise Posted On May 10, 2023


In the current era of cloud-based Software-as-a-Service (SaaS), professionals rely heavily on web browsers to carry out various online activities such as sending and receiving emails, creating and sharing documents, transferring files, streaming content, banking, and shopping. This shift has […]


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BobaBNB sets a new record with 2.8 million transactions processed in April, surpassing 45,000 wallets
Daniel Levi Posted On May 10, 2023


We covered Boba Network back in April when the Ethereum blockchain startup saw a massive increase in the number of transactions on its BnB Chain network despite the ongoing slowdown in the crypto industry. The company reported an astounding increase […]


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Elon Musk says “WhatsApp cannot be trusted” after the app allegedly accessed microphone while not in use
Daniel Levi Posted On May 9, 2023


Twitter CEO Elon Musk said on Tuesday that Meta’s owned WhatsApp cannot be trusted. The billionaire made the statement after Twitter user by the name Dabiri claimed that WhatsApp used the microphone on his phone in the background while he […]


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Lucem Health lands $7.7M in funding led by Mayo Clinic to transform healthcare delivery using clinical AI
Nickie Louise Posted On May 9, 2023


Lucem Health is a North Carolina-based health tech startup changing the game in healthcare delivery by utilizing cutting-edge clinical AI technology to provide reliable, useful, and practical point-of-care solutions. The two-year-old startup connects data scientists who develop predictive AI models […]


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Israeli cybersecurity startup Wiz ranks in the top 5 of CNBC’s 2023 Disruptor 50 list with a $10 billion valuation
Nickie Louise Posted On May 9, 2023


CNBC, a business and finance news outlet owned by NBCUniversal, has released its 2023 Disruptor 50 list. The eleventh annual Disruptor 50 list showcases private tech startup companies that are disrupting the industry through innovation and bringing radical changes. Despite […]


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Crypto exchange Bittrex files for bankruptcy as regulators crackdown on crypto industry intensifies
Daniel Levi Posted On May 9, 2023


Bittrex crypto exchange is the latest casualty of the ongoing chaos and government crackdown on the crypto industry. Bittrex filed for bankruptcy protection on Monday following allegations from the U.S. Securities and Exchange Commission (SEC) that it operated an unregistered securities […]


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LinkedIn lays off 716 workers and shut down its China jobs app
Daniel Levi Posted On May 9, 2023


LinkedIn, the professional social media platform Microsoft acquired in 2016 for $26.2 billion, announced on Monday that it is cutting 716 jobs due to decreased demand. The social giant also announced it is shutting down its China-focused job application. The […]


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Binance to add Bitcoin Ordinal NFTs to Binance NFT Marketplace
Nickie Louise Posted On May 9, 2023


Two years ago, Binance unveiled its NFT marketplace where users can create, buy and sell digital collector’s items. At the time, Binance said its crypto exchange platform would operate two markets: a premium venue for top auctions and exhibitions and […]


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Israeli startup 8fig raises $140M to boost e-commerce SMBs amidst economic turmoil
Nickie Louise Posted On May 9, 2023


While many businesses struggled during the pandemic years, e-commerce companies continued to thrive as consumers increasingly turned to online transactions. In 2021 for example, retail e-commerce sales amounted to nearly $5.2 trillion worldwide. This number is forecast to grow by […]


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Intel plans fresh round of layoffs following the biggest quarterly loss in company history
Nickie Louise Posted On May 8, 2023


Late last month,  Intel reported its first-quarter results with a staggering 133 percent annual decline in the earnings per share, making it the biggest quarterly loss in company history. The company revenue also fell by nearly 36 percent to $11.7 billion. […]


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Meta’s Facebook has 3 billion users but many of them are old
Daniel Levi Posted On May 8, 2023


Facebook, the once-cool social media platform started by Mark Zuckerberg from a Harvard dorm room in 2004, is slowly going the way of the dinosaurs. Facebook is not dead yet but most of its users are up there in age. Today, […]


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Mayfield raises nearly $1 billion for its two venture funds to invest in early-stage startup companies
Nickie Louise Posted On May 8, 2023


Mayfield, a venture capital firm with a five decades history, announced today that it has secured $955 million in total for two venture capital funds. The first fund, Mayfield XVII, raised $580 million and will invest in seed and Series […]


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Patientory CEO Chrissa McFarlane Doubles Down on Healthcare Data and Blockchain; Here’s Why
Nickie Louise Posted On May 8, 2023


Entrepreneur Chrissa McFarlane is on a mission to radically improve healthcare by empowering people to take back control of their data. She’s a big believer in the potential of blockchain to do exactly this, providing people with better access to […]


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Silicon Valley startup Olyns raises $4M in funding to solve US recycling problem and reduce plastic waste
Nickie Louise Posted On May 8, 2023


The United States generates approximately 300 million tons of waste annually, according to a report from The Environmental Protection Agency (EPA). However, only 25% of that solid waste is recycled. Currently, the recycling rates in the U.S. and other countries […]


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Binance temporarily halts Bitcoin withdrawals due to heavy volumes and rising processing fees
Daniel Levi Posted On May 8, 2023


Binance temporarily halted Bitcoin withdrawals for several hours, causing shares of cryptocurrency- and blockchain-related companies to fall in premarket trading on Monday. The exchange said the halt was due to heavy volumes and rising processing fees. The halts caused the […]


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ChatGPT is powered by contract laborers making $15 an hour with no benefits
Daniel Levi Posted On May 8, 2023


Since its release on November 3, 2022, ChatGPT has been hailed as one of the most significant breakthroughs in the field of artificial intelligence (AI). Despite its remarkable success as an AI-powered chatbot, OpenAI’s ChatGPT still depends largely on an […]


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Qualcomm acquires Israeli auto-chip maker startup Autotalks in a $350-400 million deal
Nickie Louise Posted On May 8, 2023


Qualcomm announced on Monday it would buy Israeli auto-chip maker startup Autotalks. While the financial terms of the deal were not disclosed, Qualcomm reportedly paid approximately $350-400 million for the company. The announcement comes two years after Qualcomm partnered with […]


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Dutch startup Instruqt closes €15M in Series A funding after 5 years of bootstrapping
Nickie Louise Posted On May 5, 2023


For many years, Hilversum, Netherlands-based Instruqt has been helping companies bring their products to life through a series of engaging and interactive hands-on demos and training. Then after five years of bootstrapping its way to successful growth, the startup has […]


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