Tag Archives: Technology News

The AWS Blockchain Node Runners has so far integrated Ethereum (ETH) and Solana (SOL), thus making it a major step for the latter to become a Web 3.0 hub that supports scalable smart contracts. Solana (SOL), a leading smart contract blockchain with a smartphone in the market dubbed Saga mobile, has announced that infrastructure nodes are now available on the Amazon Web Services (AWS) Blockchain Node Runners repository for easy access by Web 3.0 developers. The Solana team announced the...

Musk’s alterations to content policies have resulted in a considerable drop in advertising revenue. Elon Musk‘s social media platform ‘X,’ formerly known as Twitter, has taken a sharp downturn, currently valued at less than half of what he initially invested in purchasing the company a year ago. According to a Bloomberg report on Tuesday, citing internal memos and a person familiar with the matter, the company’s restricted stock units paid to employees were roughly valued at $45 per share....

The deployment of the 24,000 chips should be completed by February 2024. Voltage Park, a nonprofit organization founded by billionaire Jed McCaleb, has acquired approximately 24,000 Nvidia H100 chips for approximately $500 million. According to The Business Time, the organization plans to lease AI computing power at a low cost to address the shortage of these chips. Eric Park, CEO of Voltage, stated: “The current ecosystem for machine learning is fundamentally flawed.” Therefore, the...

NEOM is set to pump $50 million into Animoca Brands as Animoca supports the region’s Web 3.0 and tech goals as part of Saud’s 2030 vision. Hong Kong-based game developer and venture capital company Animoca Brands Corporation Ltd has announced a strategic partnership with Saudi Arabia’s NEOM Investment Fund. The two entities are collaborating to further the Saudi Vision 2030 plan, with Animoca Brands providing Web3 services and handling related initiatives. NEOM is a region in Saudi...

The G7’s AI Code of Conduct emerges at a time when governments worldwide are grappling with the transformative power of AI. The Group of Seven (G7) industrial countries, consisting of Canada, France, Germany, Italy, Japan, Britain, the United States, and the European Union is set to make a significant stride in the Artificial Intelligence (AI) development space. As of October 30, G7 nations are expected to agree upon a comprehensive AI code of conduct, a crucial framework designed to guide...

The idea to turn X into a multifaceted financial hub with dating features comes shortly after Musk unveiled new subscription plans for the social media platform. In a recent virtual conference commemorating the first anniversary of Elon Musk‘s acquisition of the social media platform Twitter, now rebranded as X, the billionaire tech mogul unveiled intriguing plans for the future of the platform. According to a Business Insider report citing people familiar with the matter, Musk plans to...

Although the monetary terms of the acquisition were not disclosed, this is not the first time Animoca Brands would be investing in Web 3.0 game companies. Popular gaming giant Animoca Brands has announced its acquisition of Web 3.0 streaming platform Azarus as part of its metaverse gaming revolution. Animoca would be seeking to leverage Azarus’ cutting-edge technology in a bid to improve its Web 3.0 games streaming capabilities. Although the monetary terms of the acquisition were not...

Xiaomi’s founder and chairman of the board Lei Jun said it took approximately 5000 software engineers’ combined efforts to develop the new operating system. Chinese smartphone maker Xiaomi has announced the launch of its cutting-edge operating system HyperOS after five years of dedicated hard work and research. The new OS, unveiled Thursday during the company’s launch event theme “Leap Beyond the Moment”, will debut alongside Xiaomi’s upcoming range of smartphones, wearables, and TV sets...

The recent work stoppage by the United Auto Workers (UAW) union impacted the company’s ability to meet its financial targets. On Thursday, October 26, Ford Motor Co (NYSE: F) reported its Q3 2023 earnings while missing Wall Street expectations. The company has been restructuring its operations and regrouping after the conclusion of nearly six weeks of US labor strike that cost the company a staggering $1.3 billion. Ford in Q3 2023 In the third quarter, Ford reported a shift to net income,...

Apple is considering leveraging AI within Xcode to assist app developers in creating their applications. Apple Inc (NASDAQ: AAPL) is gearing up for a significant leap into the world of generative artificial intelligence (AI), with plans to invest around $1 billion annually to develop its own AI solutions, Bloomberg reported Monday, citing people familiar with the matter. The move comes as a strategic response to the escalating advancements in AI technology by other tech giants such as...