Alphabetâs Isomorphic, an AI-driven drug discovery startup, has scored two major deals from pharmaceutical giants Eli Lilly and Novartis, ringing in at nearly $3 billion combined. These deals will notably bolster Google DeepMindâs AlphaFold AI technology, known for predicting protein ... Read more âș
2
Microsoft and OpenAI have been hit with a new lawsuit by authors over AI training data. Two authors, Nicholas Basbanes and Nicholas Gage, filed a lawsuit against Microsoft and OpenAI on Friday in a Manhattan federal court accusing the companies of ... Read more âș
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Orrick, Herrington & Sutcliffe, a well-known global law firm recognized for its expertise in managing data breaches, has unfortunately become a victim of cyber attacks, failing to safeguard itself and its clients from unseen adversaries of hackers. The cyberattack occurred ... Read more âș
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Microsoft on Thursday announced a new âCopilot keyâ to welcome âthe year of AI-powered Windows PCs.â This new AI button, designed to trigger the Microsoft Copilot service, marks the first significant change to the Windows PC keyboard layout in nearly ... Read more âș
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Byggfakta Group Nordic HoldCo AB, a Swedish software and information company within the construction industry, has received a substantial all-cash buyout offer totaling approximately $1 billion from a consortium, which includes Macquarie Capital. In an announcement on Friday, Byggfakta Group ... Read more âș
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Artificial intelligence startup Perplexity AI has raised $73.6 million in a new funding round from a group of investors including U.S. chip designer Nvidia and Amazon founder Jeff Bezos. The round, which values the AI startup at $520 million, was ... Read more âș
0
In the largest survey of artificial intelligence (AI) researchers to date, a majority say there is a 5% chance that AI tech could pose an existential threat to humanity due to the possible development of superhuman AI. The findings come ... Read more âș
0
The Messenger, a digital news startup founded by a seasoned media investor and entrepreneur who previously owned The Hill, is reportedly set to lay off around two dozen employees this week due to financial challenges and diminishing cash reserves, according ... Read more âș
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Lazada, an e-commerce startup owned by Alibaba, has begun its latest round of layoffs that affect staff across Southeast Asia, according to a report from CNBC, citing a source familiar with the situation. This move follows several media reports about ... Read more âș
0
Bangkok, Thailand, January 4th, 2024, Chainwire Phuket is set to host the groundbreaking, invitation-only Blockchain to Government Conference (B2GC) from January 17th to 19th, 2024. This government-led initiative, co-organized by Thailandâs key government agencies in the development of its digital ... Read more âș
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New York, United States, January 3rd, 2024, Chainwire PawFuryâs invites gaming enthusiasts to the forefront of play-to-earn innovation with its latest launch, $PawFactory. Users are invited to dive into a world where their gaming prowess and investment savvy are equally ... Read more âș
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SpaceX successfully launched its initial group of six Starlink satellites, paving the way for direct-to-cell internet service from space. T-Mobile US revealed the news on Wednesday, noting that the Falcon 9 rocket, sent into orbit by Elon Muskâs SpaceX on ... Read more âș
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Intel has launched a new AI software company âto address the biggest gap in generative AI today.â In an announcement on Wednesday, Intel said it was forming a new independent company around its artificial intelligence software efforts with backing from ... Read more âș
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Global venture capital activity in the third quarter of 2023 experienced another decline, despite a late-stage rebound fueled by significant deals in the field of artificial intelligence. Crunchbase data reveals that global venture funding dropped to $19.2 billion in November, ... Read more âș
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Canva, the design software startup, is reportedly in the final stages of negotiating a deal that would allow long-serving employees and investors to sell over $1 billion in stock to new investors, amidst a surge of private deals. This move ... Read more âș
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Tech stocks had one of their best years in the last two decades following the 2022 slump. But the stellar stock performance didnât fully carry into the IPO scene in 2023. The tech IPO market welcomed only 148 new companies ... Read more âș
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Chinaâs BYD surpassed Tesla to claim the top spot as the worldâs largest electric car company in the last quarter of 2023. The Chinese electric car manufacturer experienced a 22% increase in global deliveries in the fourth quarter, outperforming Tesla ... Read more âș
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Bitcoin, the worldâs largest cryptocurrency, roared back to life on Tuesday, breaching the $45,000 mark for the first time since April 2022. This significant surge signals a noteworthy milestone in the cryptocurrencyâs resurgence after a period of consolidation in the ... Read more âș
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Bird, the electric scooter company once valued at $2.5 billion, recently filed for Chapter 11 bankruptcy, citing a series of setbacks. Bird confirmed in a press release that it has entered a âfinancial restructuring processâ to bolster its balance sheet ... Read more âș
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OpenAI, the creator of the popular ChatGPT, experienced explosive revenue growth during the final quarter of 2023. OpenAIâs annualized revenue crossed the $1.6 billion mark, up from $1.3 billion in mid-October, The Information reported, citing two sources familiar with the ... Read more âș
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29.06.2026 06:58
Last update: 06:51 EDT.
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