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Tag Archives: Technology News

Crypto Exchange Bybit Taps into ChatGPT to Advance Trading Tools

ByBit is not the only crypto trading platform recognizing the potential of AI in delivering enhanced user experiences. Other leading exchanges have also explored the integration of ChatGPT into their platforms.  Leading cryptocurrency exchange Bybit is gearing up to enhance its trading services by incorporating an artificial intelligence (AI) tool into its trading platform to enhance market data analysis. In a Twitter post on June 15, Bybit unveiled the latest addition to its Tools...

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Twitter Faces $250M Copyright Lawsuit from Music Publishers

The recent lawsuit against Twitter for alleged copyright infringement involving music publishers has shed light on the platform’s struggles with music licensing. Social media giant Twitter Inc is no stranger to controversy, but this time it finds itself in hot water as music publishers have filed a lawsuit against the company, seeking a staggering $250 million in damages. The National Music Publishers’ Association (NMPA) is suing Twitter on behalf of 17 music publishers who represent some...

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Mistral AI Completes $113M Seed Funding Round, Set to Take AI Space by Storm

By the company’s estimates, its first models for text-based generative AI will be released by 2024. Four-week-old artificial intelligence (AI) startup, Mistral AI, has raised $113 million in seed funding. The round was led by Lightspeed Venture Partners and saw participation from JCDecaux Holding, Motier Ventures, and Rodolphe Saadé in France. International VCs such as Exor Ventures from Italy, Belgium’s Sofina, and many others also partook in the round. The seed round has now brought the...

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Ethereum Remains Unaffected by AWS Outage that Affects Burger King, McDonald’s, and Taco Bell

An AWS outage shut down several apps and disrupted services, but did not disturb Ethereum despite hosting more than 64% of nodes. Although Amazon Web Services (AWS) had a minor outage on Tuesday, where it was temporarily unavailable, Ethereum remained unaffected. The temporary downtime did not affect Ethereum’s network nodes, which are mostly hosted on AWS. AWS first revealed at 12:08 PDT that it started an investigation into increased error rates and latencies it had noticed. The company...

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Moxy.io Partners with Stainless Games to Release ‘Shock Rods’ Title

The collaboration between Moxy.io and Stainless Games will allow esports enthusiasts to engage in competitive matches within the captivating world of Shock Rods. In an exciting collaboration, Moxy.io, an esports platform, has joined forces with Stainless Games, a renowned game developer, to bring back the classic game “Shock Rods” to the gaming community. According to the press release shared with Coinspeaker, the collaboration is a fantastic fit because both teams are committed to...

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Generative AI Video Platform Synthesia Raises $90 Million at $1 Billion Valuation 

Through the latest funding, the firm aims to make video creation easy for everyone and has already served many businesses worldwide. Synthesia, a leading artificial intelligence (AI) company based in London, has successfully raised $90 million in a series C funding round, bringing its total valuation to $1 billion. The company’s groundbreaking AI technology, Synthesia, enables enterprise users, including HR professionals and marketers, to create high-quality video content in 15 minutes...

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Taiwan Mobile Open to Potential Alliance with Local Crypto Firms

Taiwan Mobile’s decision demonstrates the growing interest of conventional sectors in capitalizing on the possibilities of cryptocurrencies and blockchain technology. Taiwan Mobile Co Ltd (TPE: 3045), one of Taiwan’s prominent telecommunications companies, has expressed its openness to potential alliance opportunities with Taiwanese firms specializing in crypto. As reported by Bloomberg, the company is reportedly engaging in discussions with various Taiwanese firms that specialize in...

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Reddit Communities to Go Private in Protest against Proposed API Changes

In a group statement, the moderators of the thousands of subreddits participating in the protest stated that the potential impact of these changes goes beyond the inconvenience caused to users who prefer third-party apps. In a remarkable show of solidarity, numerous Reddit communities have united to take collective action against an imminent change that threatens users’ ability to freely access APIs and tools. Starting today to June 14, these communities, which include popular crypto...

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Sturdy Finance Hit in Fresh Exploit, Loses Over $800,000

DeFi hacks have gone through the roof in recent times and many will argue that the DeFi ecosystem has proven time and again that it is indeed an exploiter’s paradise. Decentralized finance (DeFi) protocol Sturdy Finance is the latest victim in a long list of DeFi hacks. The Sturdy Finance platform has reportedly lost 442 ETH (worth a little above $800,000 as of publication), to a daring security exploit. Blockchain security firm PeckShield was the first to notice what appeared to be a...

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OpenAI CEO Sam Altman Unveils Optimism about Global Coordination on AI

OpenAI CEO Sam Altman expresses his positive outlook on the prospects of global AI coordination, emphasizing the need for collaboration and cooperation among nations. Sam Altman, the CEO of the trendy OpenAI chatbot, ChatGPT, in a series of recent interviews, has shared his optimism regarding the global coordination of artificial intelligence (AI) efforts. Serving as the prominent representative of this innovative startup, supported by the influential Microsoft Corp, the CEO has embarked...

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