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Musk diverts Nvidia chips from Tesla to X Corp amid logistical hurdles
Jun 05,2024
Logistical issues led Elon Musk to redirect numerous Nvidia chips, initially intended for Tesla's electric vehicles, to X Corp. On Tuesday, Musk explained that Tesla had nowhere to send the Nvidia chips, so they would have just remained in storage. T...
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Australia is considering forcing Meta to pay publishers for news
Jun 05,2024
Australia is considering new regulations to make Meta Platforms, the parent company of Facebook, pay news companies for content. The development follows Meta's decision to stop compensating Australian news publishers despite a 2021 law that mandates ...
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Israel's high-tech sector thrives amid conflict, urges increased government investment
Jun 05,2024
Despite the ongoing conflict with Hamas in Gaza, Israel's high-tech sector now contributes 20% to the country's economic output, according to the Israel Innovation Authority (IIA). In 2023, 600 new startups were launched, and tech firms raised$8 bill...
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OpenAI partners with The Atlantic and Vox Media
May 30,2024
OpenAI has secured licensing agreements with The Atlantic and Vox Media, expanding its partnerships with publishers to enhance its AI products. These deals allow OpenAI to display news from these outlets in products like ChatGPT and use their content...
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Musk's xAI plans supercomputer to enhance AI chatbot Grok
May 27,2024
Elon Musk has revealed that his AI startup, xAI, plans to construct a supercomputer to enhance its AI chatbot Grok, aiming to launch it by fall 2025. According to the report, Musk suggested that xAI might collaborate with Oracle to develop this vast ...
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OpenAI strikes major content deal with News Corp
May 23,2024
OpenAI, led by Sam Altman, has entered a significant deal with media giant News Corp, securing access to content from its major publications. The agreement follows a recent content licensing deal with the Financial Times aimed at enhancing the capabi...
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Uganda minister urges stronger digital regulations for cultural diversity and artists' rights
May 23,2024
During World Culture Day in Kampala, Minister of State for Gender and Culture, Peace Mutuuzo, highlighted the urgent need for stronger regulation of digital platforms to protect cultural diversity, safeguard artists' intellectual property, and ensure...
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Venture capital pours $2.4 billion into crypto startups
May 20,2024
Crypto startup funding surged to$2.4 billion in the first quarter of 2024, marking a second consecutive quarter of growth, according to data from PitchBook. Expectations of lower interest rates and the launch of the first US bitcoin spot ETF fueled t...
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Concerns rise as Google implements AI for search engine answers
May 17,2024
Google's deployment of AI to condense search results is causing publishers' concern about potential website traffic declines. The update to Google's search engine, recently announced, will introduce AI-generated summaries of online queries in the US,...
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Reddit partners with OpenAI for ChatGPT integration
May 17,2024
Reddit has announced a new partnership with OpenAI, allowing the popular chatbot ChatGPT to access Reddit's content. The partnership caused Reddit's shares to surge by 12% in extended trading, and it is part of Reddit's strategy to diversify its reve...
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Asian countries are imposing stricter regulations on Big Tech
May 17,2024
Governments across the Asia-Pacific (APAC) region are intensifying regulations on big tech companies to address their market dominance. In Japan, Prime Minister Fumio Kishida's cabinet has approved new legislation to prevent major online platforms fr...
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Small business owners rally against TikTok ban threat in US
May 16,2024
Paul Tran and his wife Lynda experienced a transformative moment when their skincare brand gained viral attention on TikTok. The couple, based in Atlanta, saw their business, @loveandpebble, skyrocket in popularity after showcasing their Beauty Pops ...
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