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Semiconductors
MatX, an AI chip startup founded by former Google engineers, has secured $50 million in Series A funding, valuing the company at $300 million. The funding round was led by Sequoia Capital, with participation from Andreessen Horowitz and GV (formerly Google Ventures). Established in 2023, MatX focuses on developing specialized
Media
Bluesky, the decentralized social media platform, has introduced a novel feature that allows users to apply custom labels to profiles, enhancing the platform's versatility. Originally designed for moderation purposes, this labeling system has been creatively repurposed by some users to provide additional context about public figures. A notable
Artificial Intelligence (AI)
Apple is developing a significant update to Siri, aiming to enhance its conversational abilities to compete with AI models like OpenAI's ChatGPT and Google's Gemini Live. This initiative, known internally as "LLM Siri," involves integrating advanced large language models (LLMs) to enable more natural
Artificial Intelligence (AI)
Amazon has announced a game-changing $4 billion investment in Anthropic, a leading AI startup and one of OpenAI’s biggest competitors. This move solidifies Amazon’s commitment to artificial intelligence and positions it as a significant player in the fast-growing AI sector. Expanding Amazon’s AI Vision This latest investment
Media
Mastodon, the decentralized social network, has emerged as a compelling alternative to mainstream platforms like Twitter and Facebook. Built on a federated model, it operates across independent servers rather than a single centralized entity. This unique structure gives users greater control over their data and interactions, appealing to those who
Banking
The U.S. Consumer Financial Protection Bureau (CFPB) has finalized a rule to regulate major technology companies offering digital payment services, including Apple, Google, and PayPal, similarly to traditional banks. This decision, effective 30 days after its publication in the Federal Register, applies to firms processing over 50 million transactions
Tech Insights
OpenAI, the creator of ChatGPT, is exploring the development of a web browser integrated with its chatbot capabilities, aiming to enhance search functions and potentially challenge Google's dominance in the search and browser markets. The company has discussed this new search product with organizations such as Condé Nast,
Energy
U.S. natural gas producers are set to increase output in 2025, reversing the production cuts experienced in 2024. This anticipated rise is driven by expectations of higher prices and increased demand from liquefied natural gas (LNG) export facilities. In 2024, the U.S. Energy Information Administration (EIA) reported a
Marketing
Artificial intelligence (AI) is revolutionizing search engine optimization (SEO), offering tools that enhance efficiency and effectiveness. Here are 3 top AI-powered SEO tools to consider: 1. ChatGPT ChatGPT, developed by OpenAI, is a conversational AI tool capable of understanding and generating human-like text. It can assist with SEO by creating
Real Estate
In October 2024, U.S. existing home sales rose by 3.4% from September, reaching an annualized rate of 3.96 million units, marking the first year-over-year increase since July 2021. This uptick is attributed to a slight rise in housing inventory, which provided more options for buyers despite persistently
Artificial Intelligence (AI)
Taiwan is set to invest $1 billion annually over the next three years to bolster its artificial intelligence (AI) sector, aiming to diversify its economy beyond its traditional semiconductor industry. This initiative, announced by Science and Technology Minister Wu Tsung-tsong, focuses on enhancing AI data centers and applications, with the
Travel
Delta Air Lines, during its recent investor day, outlined ambitious financial targets, focusing on the premium travel segment. The airline highlighted that affluent travelers, particularly millennials, are increasingly willing to invest in luxury travel experiences. Notably, high-income households have accumulated an additional $10 trillion in wealth since the second quarter