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Indian crypto exchange WazirX confirmed on Thursday that it had faced a significant security breach. The incident resulted in approximately $235 million in assets being suspiciously transferred from the platform. This event marks one of the most substantial thefts in the Indian cryptocurrency…
JPMorgan Mandates AI Training for Every New Employee JPMorgan Chase is making artificial intelligence (AI) training a mandatory part of the onboarding process for all new employees. This move is part of the bank’s strategy to solidify its position as a leader in AI technology. Mary Erdoes,…
Ethereum’s Viral Project Algotech Raises $5.1M Algotech, an Ethereum Blockchain-based algorithmic trading platform, has created a buzz in the cryptocurrency market by raising a staggering $5.1 million in its ongoing presale. This achievement underscores the enormous potential of the Ethereum…
Amazon and Meta Lead $1 Billion Investment in AI Firm, Valuing It at $14 Billion Amazon and Meta have taken a significant step forward in the artificial intelligence sector by leading a $1 billion investment round in Scale AI, a tech company now valued at $13.8 billion. This Series F funding round…
DTCC Uses Chainlink for Blockchain Mutual Fund Data The Depository Trust & Clearing Corporation (DTCC) recently announced the successful conclusion of its Smart NAV pilot, which utilized Chainlink’s advanced technology to upgrade its Mutual Fund Profile Service I (MFPS I). This project…
Blockchain Devices Market to Exceed $15.69 Billion by 2031 The Blockchain devices market is set to experience substantial growth, with projections indicating it will reach $15.69 billion by 2031, up from $621.83 million in 2022. This impressive growth, driven by a compound annual growth rate (CAGR)…
EU Council Approves New Risk-Based Regulations for AI The European Council has approved the AI Act, a set of rules to standardize artificial intelligence (AI) across the European Union (EU). Proposed in April 2021, this law categorizes AI systems by risk levels and enforces strict rules for…
Microsoft Build 2024, Key Announcements in AI and Data Security Microsoft’s annual developer conference, Microsoft Build 2024, took place in Seattle this week, running from May 21-23. The event attracted around 200,000 registrants, with 4,000 attending in person. CEO Satya Nadella led the…
CoinDCX Introduces Okto Chain to Simplify Blockchain for Developers TRON DAO Welcomes Google Cloud on the TRON Blockchain Blockchain Gaming Company Oneto11 Plans to Expand to LATAM and MENA Binance Labs Invests in Zest Protocol, Aims to Provide On-Chain Bitcoin Lending JPMorgan’s Onyx Aims to…
Apple is Set to Launch AI-Powered iOS 18 at WWDC 2024 OpenAI Introduces Its Latest and Best Performing GPT Model, GPT-4o TCS Learning Hub India to Spend Over $5 Billion in AI By 2027 TikTok is Reportedly Testing AI-Generated Search Results
Apple is Set to Launch AI-Powered iOS 18 at WWDC 2024 OpenAI Introduces Its Latest and Best Performing GPT Model, GPT-4o TCS Learning Hub India to Spend Over $5 Billion in AI By 2027 CoinDCX Introduces Okto Chain to Simplify Blockchain for Developers TRON DAO Welcomes Google Cloud on the TRON…
Apple’s WWDC 2024 event, following the Let Loose gathering, is gearing up to be another highlight of the tech calendar this year. Scheduled for June 10 to 14, the conference is expected to commence with an opening speech on June 10. While previous WWDCs have primarily focused on updates to…