OpenAI has imposed temporary rate limits on image generation using its latest GPT-4o model after an online surge in Studio Ghibli-inspired images strained its servers. The move follows the company's decision to restrict free users...
OpenAI is reportedly finalising a$40 billion funding round led by SoftBank, potentially pushing its valuation to$300 billion. Other major investors, including Magnetar Capital and Coatue Management, are also in talks to join. Soft...
Microsoft has scrapped plans for over 2GW of data centre leases in the US and Europe, signalling a strategic shift in its AI infrastructure support. The move appears linked to scaled-back OpenAI workloads and concerns over market ...
Just months after predicting a booming future, US airlines are now grappling with economic uncertainty as rising tariffs and government spending cuts dampen travel demand. Consumers and businesses are cutting back on trips, forcin...
The tech firm Advanced, which provides services to the NHS, has been fined over
AI search company Perplexity is developing a feature similar to Google's popular Circle to Search, according to CEO Aravind Srinivas. He announced on X that the functionality would be 'coming soon' to all Android users, though spe...
A member of Kazakhstan's lower house of parliament, Azat Peruashev, has proposed the creation of a 'crypto bank' in the country. The aim is to provide a legal exchange and custody platform for digital assets. Peruashev pointed out...
The US Securities and Exchange Commission (SEC) has officially closed its investigation into Crypto.com without any enforcement action.In October 2024, Crypto.com filed a lawsuit against the agency, arguing that the SEC had overst...
Chinese scientists have developed a compact chip-based quantum digital signature network that drastically improves both speed and efficiency. The system replaces bulky, expensive equipment with streamlined silicon chips, making it...
Researchers at Caltech have developed a groundbreaking silicon device that could help quantum computers communicate over long distances. The innovation, created by a team led by Professor Mohammad Mirhosseini, successfully convert...
The latest draft of the EU AI Act's Code of Practice offers a more flexible approach to copyright rules, focusing on proportionate compliance based on a provider's size and capabilities. However, this change comes as model provide...
Wyoming is moving closer to launching its state-backed stablecoin, WYST, on LayerZero, with a possible release by July 2025. The Wyoming Stable Token Commission, overseeing the project, has partnered with LayerZero to develop and ...