Innovations, gadgets, and tech industry news.
2024 is fast emerging as the year of Middle Eastern sovereign wealth funds turning out to be some of the most prominent entities in the landscape of AI investment around the world. Oil-rich countries like Saudi Arabia, the United Arab Emirates (UAE), Kuwait, and Qatar have led this charge, which basically represents a strategic shift…
But perhaps the most significant of all is this: LinkedIn, owned by Microsoft, silently introduced a feature last year that allows your data to be used in training generative AI models, and only after revealing to the world that users were automatically opted in, but without clear, prior consent, courted widespread outrage. This is not…
The growth sectors, including technology, found relief as Nasdaq on 19 September posted its best day of the year after a much-needed cut to the benchmark interest rate by the Federal Reserve. The Fed rate cut was the first since 2020. Leadership within the industry by Tesla and Nvidia-although that comes with a slight caveat:…
With the aim of bolstering safety measures for younger audience, Instagram has announced steps that will protect their accounts. Instagram recently announced a significant update on how it is handling teen accounts to make the platform safer for younger users. This will include defaulting teen accounts to be private and adding advanced privacy and messaging…
Microsoft and BlackRock have formed a joint venture with the intention of raising $100 billion in the investment in AI data centers and power. Microsoft and BlackRock announced a seminal partnership that is to pool up to $100 billion in investments into the development of AI data centers and power infrastructure through the Global AI…
Recently, the Biden-Harris Administration gave the computer corporation Intel about $3 billion in financing under the CHIPS and Science Act. Through the CHIPS and Science Act, Intel Corporation received up to $3 billion in support from the Biden-Harris Administration in 2024. The grant supports Intel’s “Secure Enclave” program, focusing on making investments into the production…
With a safety-focused agenda, OpenAI had launched a new, independent board committee as the pressure mounted on AI to be safer. In March 2024, OpenAI revealed an independent board oversight committee dedicated solely to safety and security. The move came as pressure mounted on AI to be safer, with the latest being fears over the…
Bitcoin miners are switching to AI as profits decline even though the Bitcoin network is surging to its all-time-high power levels. The Bitcoin network has reached an all-time high in power in 2024 in terms of hash rate, which means unproportionally large computational powers securing the network. Despite reaching that all-time high in hash rate,…
Ransomware has always plagued the U.S.; the recent attack on Ohio’s municipality this past July has been more severe than the mayor admitted. Currently, in a lawsuit appearing in courts, there is the city of Columbus, Ohio, on one side, and a dark web researcher who says his name is Ross Goodwolf. The city recently…
In the aftermath of the infamous FTX blowout, Caroline Ellison, the former CEO of Alameda Research, caught herself in the midst of a judiciary storm, fervently hoping to dodge a possible lengthy prison sentence. The legal machinery grinding towards her sentencing on September 24, 2024, makes the unfolding scene around Ellison complex-cooperation and consequence intertwined…
