August saw the crypto industry lose around $24 million in virtual assets due to various hacks and exploits. On August 30, Ivan Bianco, a prominent blockchain gaming-focused YouTuber known for his channel “Fraternized Crypto,” faced a devastating loss of approximately $60,000 in cryptocurrencies during a live stream. This unfortunate incident occurred when he inadvertently revealed the private keys to his crypto wallets. During the live stream, Bianco, who hails from Sao Paulo, Brazil, made...
Read More »Elon Musk Teases at Audio and Video Features of X
The launch of these new audio and video features on X comes after Musk confessed that there are no more great social media apps currently. Only a few weeks after Twitter’s former Chief Executive Officer (CEO) Elon Musk renamed the social media platform to X, he has now announced the coming of new features to the app. Some of the expected features are audio and video calls but the specific date of their launch remains unknown to members of the public. According to Musk, these new features...
Read More »Baidu’s Ernie AI Chatbot Ranks First on Apple’s App Store in China
Ernie’s release follows the new regulation in the AI industry introduced by the Chinese government. Notably, Baidu became the first company to get an approval from the authorities. On March 16, Chinese internet search services giant Baidu Inc (HKG: 9888) revealed its Chinese-language ChatGPT alternative – Ernie chatbot. At that time, the chatbot was not fully ready, therefore, it was available to a limited number of users, mostly business partners and those who were the first on the...
Read More »X to Collect Users’ Biometric Data after Privacy Policy Update
While on the surface, this may seem like an attempt to provide value to users, it highlights the ongoing tension between personalized experiences and the ethical use of personal data. X, the social media networking giant, formerly known as Twitter, has revised its privacy policy to incorporate the collection and utilization of users’ biometric information. The New Biometric Data Policy With its roots as a microblogging site, X has evolved into a global communications platform that plays a...
Read More »AI Startup AI21 Labs Raises $155M in Series C Funding Round
AI21 Labs is planning to use the money raised for developing AI products that will compete with ChatGPT developer OpenAI and AI safety and research company Anthropic. AI21 Labs, a Tel Aviv-based AI lab and product startup, has raised $155 million in a Series C funding round that was led by such companies as Walden Catalyst Management LLC, Pitango VC, SCB10X Co Ltd, b2venture, Samsung Next, as well as Google LLC and NVIDIA Corp (NASDAQ: NVDA). The funding round has brought the company’s...
Read More »TinyTap Creates AI Features to Revolutionize Educational Game Creation
CoinspeakerTinyTap Creates AI Features to Revolutionize Educational Game Creation As TinyTap looks to the future, the company is gearing up for the second phase of its AI strategy. Set for a 2024 launch, the AI "Practice Anywhere" tools are poised to transform the way children reinforce their learning outside the classroom. TinyTap Creates AI Features to Revolutionize Educational Game Creation
Read More »OpenAI Eyes $1B in Annual Revenue as More Businesses Adopt AI Use
CoinspeakerOpenAI Eyes $1B in Annual Revenue as More Businesses Adopt AI Use OpenAI revealed that since the launch of ChatGPT nine months ago, it has been adopted by more than 80% of Fortune 500 companies. OpenAI Eyes $1B in Annual Revenue as More Businesses Adopt AI Use
Read More »Apollo.io Raises $100M in Series D Funding Round Led by Bain Capital Ventures (BCV) at Valuation of $1.6B
CoinspeakerApollo.io Raises $100M in Series D Funding Round Led by Bain Capital Ventures (BCV) at Valuation of $1.6B Apollo.io has grown to a respectable B2B platform with over 3 million global customers hence its revenue up more than nine times in the past two years. Apollo.io Raises $100M in Series D Funding Round Led by Bain Capital Ventures (BCV) at Valuation of $1.6B
Read More »Xiaomi Records Q2 2023 Revenue Dips amid Chinese Phone Market Chaos
CoinspeakerXiaomi Records Q2 2023 Revenue Dips amid Chinese Phone Market Chaos The decline in handset sales, a challenge faced not only by Xiaomi but also by other smartphone manufacturers, has pushed the company to explore new avenues for growth. Xiaomi Records Q2 2023 Revenue Dips amid Chinese Phone Market Chaos
Read More »BYD Shares Soar Following Impressive Q2 2023 Earnings Report
CoinspeakerBYD Shares Soar Following Impressive Q2 2023 Earnings Report BYD faces fierce competition from both domestic rivals and Tesla in a relentless price war. The battle for market share led to price cuts from all sides, with the goal of increasing accessibility and product penetration. BYD Shares Soar Following Impressive Q2 2023 Earnings Report
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