Days after Chinese startup DeepSeek’s breakthrough low-cost AI computing shook the US technology industry, CEOs of Microsoft and Meta defended massive spending saying it was […]
Tag: Investment
US SEC Gives Initial Approval to Combined Bitcoin, Ether ETF
The US Securities and Exchange Commission on Thursday approved part of an application for a novel exchange-traded fund that would track the two largest cryptocurrencies. The Bitwise […]
Sam Altman-Backed Startup Raises $425 Million To Build World’s 1st Nuclear Fusion Power Plant
A Sam Altman-backed startup has raised nearly half a billion dollars as it aims to build the world’s first nuclear fusion power plant to solve […]
OpenAI Seeking $40 Billion In New Fundraising Round: Report
San Francisco: OpenAI, the maker of ChatGPT, is seeking to raise $40 billion in a fresh round of funding that would value the startup at […]
World News in Brief: Deadly virus outbreak in Uganda, $500 million human rights appeal, Thailand’s lèse-majesté laws in spotlight
Health authorities in Kampala confirmed that one patient has died – a nurse who had sought treatment at various other medical facilities after developing fever-like […]
Four years after the coup, Myanmar remains on the brink
Myanmar’s Enduring Polycrisis: Four Years into a Tumultuous Journey, launched on Wednesday, points to the bleak picture of a nation in freefall, with nearly half […]
DeepSeek Hit by Cyberattack as Users Flock to Chinese AI Startup
Chinese startup DeepSeek said on Monday it will temporarily limit registrations due to a cyberattack after the company’s AI assistant amassed sudden popularity. The startup […]
US Big Tech Faces Heat As China’s DeepSeek Questions Billion-Dollar Spending
San Francisco: Chinese startup DeepSeek’s cheaper AI is sharpening investor scrutiny of the billions U.S. tech giants are pouring to develop the technology and analysts […]
Google Reportedly Wants to Educate Professionals and Regulators on AI
Google is reportedly planning to heavily invest in artificial intelligence (AI) education. The Mountain View-based tech giant’s efforts are said to be concentrated on professionals […]
Syria: Rights probe reveals systematic torture and detention of Assad regime
The findings from the Independent International Commission of Inquiry on Syria detail crimes against humanity and war crimes that left a legacy of trauma for […]
