The company disclosed exclusively that Kaito, an AI-powered search engine for cryptocurrencies, raised $5.3 million in a seed round led by Dragonfly Capital. According to Yu Hu, the founder and CEO of Kaito, “there are people fighting against information overload all the time.” “We are reducing the time it takes …
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According to four people with knowledge of the situation, Amazon is in talks with Times Internet to investigate buying MX Player, one of the biggest on-demand video streaming services in India, as the American e-commerce company looks to expand its entertainment ambitions in the important international market. Three sources warned …
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The new Bing, which is supported by a combination of a next-generation OpenAI GPT model and Microsoft’s own Prometheus model, was launched by Microsoft yesterday on the web and in its Edge browser. With this, Microsoft beat Google to the punch in popularizing this type of search experience, though the …
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In his second State of the Union address of his term, President Joe Biden will speak to the nation on Tuesday evening. The president is scheduled to comment on data privacy and children’s online safety issues, according to a White House press release. According to the briefing, Biden will urge …
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2022 marked a breakthrough year for artificial intelligence. Early in the year, image generation models like DALL-E, MidJourney, and StableDiffusion were introduced and received a lot of attention. Near the end of the year, ChatGPT became extremely popular. According to CB Insights, $49 billion in venture capital was invested in …
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A number of startups are vying to surpass Canva and unseat Adobe’s hegemony in three-dimensional modeling. PixCap, a newly funded participant, is entering the fray with a web-based, no-code 3D design tool. Singapore-based PixCap, which was established in 2020, recently received $2.8 million from a seed funding round. It was …
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FTX and its affiliated debtors have sent private letters requesting that donations made by the cryptocurrency exchange, which was once valued at $32 billion, be returned to politicians, PACs, and other recipients of funds. According to a statement released by FTX on Sunday, the recipients are being urged to return …
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One of the major players in cloud data management, NetApp, announced today that it would lay off 8% of its workforce, blaming the current market’s “reduced spending environment” and “macroeconomic challenges.” According to estimates, the company employs about 12,000 people worldwide, meaning that 960 people will be affected. NetApp announced …
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As it emerges from stealth, Hypernative, a startup with a focus on crypto security, has raised $9 million in seed funding, according to co-founder and CEO Gal Sagie in an exclusive interview with TechCrunch. With strategic investments from Blockdaemon, Alchemy, Borderless, CMT Digital, Nexo, and angel investors, Boldstart Ventures and …
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According to the most recent 13G/A filing made public by the asset manager, Baillie Gifford, the Edinburgh-based asset management company long known for its affinity for pre-IPO tech companies, has reduced its holdings in African e-commerce giant Jumia. Baillie Gifford disclosed ownership of 18.75 million Jumia shares, or 13.69% of …
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