Mira Murati to Leave OpenAI
OpenAI chief technology officer Mira Murati is leaving this startup, which is the latest high-profile departure from the company that developed the world’s most popular chatbot called ChatGPT.
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Startup Wiz Reportedly Explores Shares Sale
The media, citing knowledgeable insiders, report that the startup Wiz Inc., which operates in the cybersecurity area, is currently in discussions regarding the sale of existing shares at a valuation of up to $20 billion.
Microsoft to Invest $1.3 Billion in Mexico
Technology giant Microsoft on Tuesday, September 24, announced its intention to invest $1.3 billion to build up its infrastructure for cloud computing and artificial intelligence in Mexico over the next three years.
China Rolls Out Stimulus Package to Revive Economy
China’s central bank has unveiled a broad package of monetary stimulus measures designed to revive the world’s second-largest economy, which is currently facing insufficient factors for an upward trajectory that ensures rapid growth.
Blackstone and Vista Equity Partners to Acquire Smartsheet
Collaboration software maker Smartsheet announced on Tuesday, September 24 that Blackstone and Vista Equity Partners would acquire it.
Google Reports 2 Million Developers Use Its GenAI Solutions
Google reported that its generative artificial intelligence model called Gemini is currently used by more than 2 million developers.
AI Startup Phacet Reportedly Raises $4 Million
The media reports that the startup Phacet, which operates in the space of the artificial intelligence industry, managed to raise investment funds for $4.4 million.
Middle Eastern Funds Invest Billions of Dollars Into AI Startups
Currently, in the Middle East, sovereign wealth funds, through their specific financial actions, demonstrate a clear and unambiguous desire to become the main sponsors of Silicon Valley in the area of developments related to artificial intelligence.
DailyPay Plans to Expand Earned Wage Access Services to UK
DailyPay will expand its earned wage access (EWA) services to the United Kingdom in the current fall.
Perplexity AI Reportedly Plans New Advertising Model
The media reports that Perplexity AI is currently planning a new advertising model for its search engine, which operates based on artificial intelligence.
China’s Semiconductor Industry Demonstrates Moderate Movement Forward
In China, the local semiconductor industry is gradually promoting homegrown lithography tools following the specifications published by the central government of the Asian country, but analysts through the prism of skeptical perception assess the quality level of this movement forward, noting in an appropriate context that Beijing has yet to make a kind of breakthrough […]
Samsung Plans to Invest $1.8 Billion More in Vietnam
South Korea’s Samsung Display Co. intends to invest $1.8 billion in a project to build a factory in the northern part of Vietnam.
US Banks Benefit From High Interest Rates
According to media reports, during the period of high interest rates in the United States, local banks collectively managed to earn $1 trillion.
Hemi Network Explores Tunnelling to Link Bitcoin and Ethereum Networks
Tunnelling is an alternative to bridging practices which enable interoperability of two different blockchains – Bitcoin and Ethereum.
Travala Ticketing Service Integrates With Solana to Expand Crypto Booking Options
Crypto-based online travel ticketing service Travala partnered with Solana blockchain to enable travellers to book hotels and flights using Solana tokens along with some major stablecoins.
PNC and Plaid Collaborate on Secure Sharing of Banking Data
PNC Financial Services Group and Plaid have formed partnerships in which the bank’s customers are allowed to securely share their data with third-party financial apps and services.
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