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CoinspeakerAI in Spotlight as Google and Microsoft Earnings Prove The success of both Google and Microsoft reflects a broader trend across the tech industry, where AI is becoming a key catalyst for innovation and profitability. AI in Spotlight as Google and Microsoft Earnings Prove

CoinspeakerBitcoin Market Cap Overtakes Silver, Eyes Gold’s Crown The recent surge in Bitcoin price, which saw a 2.6% increase in the past 24 hours, can be attributed to the success of spot Bitcoin ETFs. Bitcoin Market Cap Overtakes Silver, Eyes Gold’s Crown

CoinspeakerSolana Mobile Chapter 2 Bags $45M for Development from 100K Pre-orders By offering unique capabilities centered around cryptocurrencies, Solana aims to carve out a niche that sets it apart from traditional smartphone manufacturers. Solana Mobile Chapter 2 Bags $45M for Development from 100K Pre-orders

With a valuation of $2 billion within its first year, Mistral’s rapid ascent reflects the tech industry’s unwavering optimism regarding the future potential and profitability of AI businesses. Mistral AI, a formidable competitor to OpenAI, is in the final stages of securing approximately €450 million ($487 million) in a funding round. Notable investors, including Nvidia Corp and Salesforce Inc, are backing the venture, valuing the artificial intelligence company at around $2 billion,...

Alphabet’s decision to completely divest from Robinhood raises questions about the tech giant’s confidence in the long-term viability of the once-burgeoning fintech darling. In a recent development, Alphabet Inc (NASDAQ: GOOGL), the parent company of Google, announced the dissolution of its stake in the trading app operator, Robinhood Markets Inc (NASDAQ: HOOD). This decision follows Alphabet’s earlier reduction of its stake in the company by nearly 90%, leaving it with approximately...

Rise in the US Treasury Yields put pressure on the market resulting into bearish weekly start on Wall Street. Yields surge past 5% with Fed planning for higher-than-longer interest rates. Macro pressure continues to hover over Wall Street as the 10-year US Treasury yields surged higher even today on Monday, October 23. The treasury yields continue to hover at multi-year highs as investors prepare for higher-for-longer interest rates from the Federal Reserve. Around 5:54 a.m. ET, the...

Over the last 2 years, there have been a few cuts within the company as part of its goal to “deliver durable savings through improved velocity and efficiency”. Tech giant Google LLC (NASDAQ: GOOGL) has cut at least 40 jobs in its Google News division. According to those familiar with the matter, the reason behind the layoff round is the uncertainty and sensitive time for online platforms and publishers. The exact number of those who lost their job at the Google News unit is not confirmed....

Out of the 1,258 job cuts, more than 750 positions are from different levels of Qualcomm’s engineering ranks. The rest of the reductions cover a broad range of roles such as internal technical staff and accounting.  American largest chipmaker Qualcomm Inc (NASDAQ: QCOM) will lay off about 1258 employees in its California unit. According to a filing with the California Employment Development Department, as many as 1,064 of its San Diego employees and 194 of its Santa Clara employees will be...

Under the Act, companies building and deploying AI models would need to perform risk assessments and label AI-generated content. European Union (EU) negotiators are reportedly discussing placing additional restrictions on large artificial intelligence (AI) models as part of the upcoming AI Act. According to a Bloomberg report, representatives from the European Commission, European Parliament, and EU countries are in talks to implement a plan that would address the issues associated with...

UNESCO seeks to strike a balance between the benefits of GenAI and the preservation of traditional, fundamental learning experiences. UNESCO, the United Nations Educational, Scientific, and Cultural Organization, has taken a significant step in shaping the future of education by releasing its first-ever guidance on the use of Generative AI (Gen AI) for educational purposes. This landmark publication, issued on September 7th, emphasizes the importance of regulating Gen AI in education to...