On Tuesday, LayerZero Labs announced the completion of a $120 million Series B financing, increasing the company’s valuation from $1 billion to $3 billion. LayerZero Laboratories is a web3 communications protocol. This messaging protocol eliminates the need for third-party middlemen for sending messages between blockchains, unlike Web 2.0 messaging applications …
Read More »New travel capabilities on Google Search include a ‘price guarantee’ tool for flights
Google has introduced three new Search capabilities that will make it simpler for consumers to find and book hotels, flights, and tourist attractions. The company is testing a new “price guarantee” logo for airline tickets, which is the most notable change. When you see the “Price Guarantee” label next to …
Read More »Smaller, more specific language models may be the future of generative AI in the business world
OpenAI’s ChatGPT’s extraordinary capabilities necessitate the use of massive language models. Text samples numbering in the billions, if not trillions, are used to teach these models. The goal of ChatGPT is to have such a deep understanding of language that it can quickly and accurately guess the next word in …
Read More »Hundreds of young content creators are using Fanfix to make money and connect with their audience
Users of Generation Z are increasingly jumping on the content creation bandwagon to supplement their income outside of the traditional 9 to 5 workday. Over 45% of Gen Z creators polled in 2022 stated they want to make money from their content, according to a study by Adobe. Many content …
Read More »Western Digital claims a ‘network security’ compromise occurred in which hackers stole data
Western Digital, a major provider of data storage solutions, has acknowledged that data was stolen from its servers by hackers in a “network security incident” last week. On Monday, the California firm claimed in a statement that on March 26, an outsider breached “a number” of the firm’s internal systems. …
Read More »EV firm Canoo accepts SEC settlement of $1.5M
The U.S. and electric vehicle company Canoo have reached a $1.5 million settlement. Securities and Exchange Commission, per a legal document. Just a few months after the business joined with special purpose acquisition firm Hennessy Capital Acquisition Inc., the SEC launched an investigation into Canoo. The inquiry looked into Canoo’s …
Read More »Italy blocks ChatGPT because to worries about data protection
A timely reminder that some nations do have laws that already apply to cutting-edge AI has just been issued by Italy’s data protection authority, which has ordered OpenAI to stop processing people’s data locally with immediate effect. The order comes two days after an open letter called for a moratorium …
Read More »Effy, an energy refurbishment company that has operated on its own funds for the past 15 years, has raised $22 million
Effy is pondering her options. The French energy remodeling firm is successful, but it is attempting to serve a market that is far larger than it initially thought. Because of this, it is taking a risk. The startup has just finished a fundraising round with Felix Capital for €20 million …
Read More »Uber’s Comfort Electric is now available in 14 additional U.S. and Canada cities
Comfort Electric, Uber’s premium electric vehicle service, is being rolled out to 14 additional markets in the United States and Canada. Customers in 40 different regions across North America can now reserve a sleek, eco-friendly ride. Luxury electric vehicles, including the Tesla Model S, Model 3, Model X, and Model …
Read More »How quick! Microsoft uses artificial intelligence to promote products through Bing Talk
Bing Chat, Microsoft’s latest search agent powered by OpenAI’s GPT-4, “explores” and includes advertisements in its responses. These sponsored results are labeled as such, but it still raises the question of how far we have progressed from the first generation of search engine advertisements. Microsoft’s official blog post today acknowledged …
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