Tag: Silicon Valley
Meta Enormous AI Spending Overshadows Solid Q1 Earnings
Despite impressive quarterly results, Meta’s AI spending binge has hurt investor sentiment.
After reporting a solid result, the company’s shares started to decline. According to...
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Miggo Launches Application Detection and Response (ADR) Solution
PRESS RELEASETEL AVIV, Israel -- (BUSINESS WIRE)-- Miggo, a cybersecurity startup introducing the first Application Detection and Response (ADR) platform, announced today $7.5 million...
$930,000,000,000 Wave of Debt Descending on US Banks As Hope for Interest Rate Reversal Fades: Former IMF Deputy Director – The Daily Hodl
An IMF insider is warning of another US banking crisis amid hot inflation, dwindling hope of interest rate cuts from the Fed and fears...
The Metaverse Isn’t New: We’ve Been Doing it for 20 Years
The Elder Scrolls Online creative director Matt Firor says the metaverse is nothing new and people should stop pretending it’s an innovation.
According to...
XTX Markets to Boost Trading Capacity with Mega Data Center in Finland
The online trading firm XTX Markets plans to build a substantial data center in Finland. This decision marks a significant departure from the current...
Wiz Acquires Gem Security to Expand Cloud Detection and Response Offering
PRESS RELEASENEW YORK, April 10, 2024 – Cloud security leader Wiz has announced the acquisition of New York-based startup Gem Security. With a valuation of $10 billion...
Quantum News Briefs: April 10, 2024: Advanced imaging techniques on a semiconductor material reveal ‘surprising’ hidden activity; D-Wave’s Qubits 2024 Quantum Computing Conference Announced...
By Kenna Hughes-Castleberry posted 10 Apr 2024
Quantum News Briefs: April 10, 2024: Press release summaries below:
Advanced imaging...
This Week’s Awesome Tech Stories From Around the Web (Through April 6)
To Build a Better AI Supercomputer, Let There Be LightWill Knight | Wired“Lightmatter wants to directly connect hundreds of thousands or even millions of...
XRP Ledger Creator Ripple to Launch Own Stablecoin | BitPinas
Ripple plans to launch its own stablecoin responding to strong demand for trustworthy and stable digital assets.
The stablecoin, set to launch later this year,...
Navigating the Financial Frontier: Custodia Bank’s Quest for Federal Reserve Access
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Custodia Bank, a digital asset bank, has faced a setback in its...
Amazon Meets its $4bn Funding into Anthropic
Amazon makes an additional $2.75 billion investment into Anthropic, further strengthening its ties with the AI firm in a race for dominance in the...
Post-SBF Crypto Evolution & AI’s Role in Business: Insights from an Ex-FTX Investor
Arjun Sethi, the former CEO of Tribe Capital, appeared on CNBC’s “Closing Bell: Overtime” on March 28 to discuss the ramifications of Sam Bankman-Fried’s...
Efficient continual pre-training LLMs for financial domains | Amazon Web Services
Large language models (LLMs) are generally trained on large publicly available datasets that are domain agnostic. For example, Meta’s Llama models are trained on...