The memory-chip sector, known for boom-and-bust cycles, is facing one if its worst-ever routs, as inventory glut and a fight for marketshare has cratered prices — This time was supposed to be different. — The memory-chip sector, famous for its boom-and-bust cycles, had changed its ways.
Source: Baidu is planning to launch an AI chatbot similar to OpenAI's ChatGPT in March 2023, initially embedded into its main search services — Baidu Inc. is planning to roll out an artificial intelligence chatbot service similar to OpenAI's ChatGPT, according to a person familiar with the matter …
Analysis: US Black Web3 founders raised $60M in 2022, up from $16M in 2021; total money raised by US Web3 startups in 2022 fell to $11.9B from $16.5B in 2021 — Startups in the space are more bullish than ever — Much hope remains after the crypto winter almost froze the sector …
Court records since 2011 show how police in some US states used digital data, like text messages, search history, and emails, in abortion-related prosecutions — In late April, police in Nebraska received a tip saying 17-year-old Celeste Burgess had given birth to a stillborn baby and buried the body.
Analysis: Florida startups raised $9.7B in 601 deals in 2022 vs. $7.8B in 652 deals in 2021; VC funding fell 40%+ in 2022 in California, Massachusetts, and NY — Last year could not top the banner year venture capital saw in 2021 — at least in most geographies.
Researchers detail how ProGen, an LLM trained on 280M proteins, designed proteins with anti-microbial properties that were tested in real life and shown to work — An AI was tasked with creating proteins with anti-microbial properties. Researchers then created a subset of the proteins and found some did the job
Meme-stock mania companies, including GameStop and AMC Entertainment, have raised $4.7B since the hype began in January 2021, but failed to boost performance — Cash bonanza enabled by retail investors fails to boost beneficiaries' performance — Companies at the centre of the meme-stock mania …
Q&A with Princeton CS professor Arvind Narayanan on why he calls ChatGPT a “bullshit generator”, his worries over its boom, developing his AI taxonomy, and more — Hello, friends, — If you have been reading all the hype about the latest artificial intelligence chatbot …
As the GOP assumes leadership of the US House, antitrust subcommittee's bipartisan efforts to curb the power of big tech shift to a focus on free-speech issues — The new GOP House majority is turning away from last year's bipartisan efforts to rein in the dominance of the largest tech companies …
Q&A with Microsoft Gaming CEO Phil Spencer, on having no major Xbox releases in 2022, its outlook for 2023, layoffs, Activision deal amid FTC lawsuit, and more — Xbox's CEO talks about the recent Developer Direct, 2022 struggles, layoffs, and what 2023 could hold.
ShareChat employees and investors shed light on the company's leadership crisis and say revenue has not kept pace with cash burn and the ~$5B 2022 valuation — The company's top and middle management are hollowing out, revenue has not kept pace with cash burn and Sharechat's top-tier valuation …
Twitter co-founder Biz Stone says Elon Musk “doesn't seem like” the right owner for Twitter and claims morale and content improvements have been lost under Musk — Biz Stone, one of quartet who set up company, says positive changes he oversaw have been undone by Tesla chief executive
After losing billions on mobile bets, Japanese e-commerce giant Rakuten raised ~$1.9B for its mobile business and plans to sell its banking and securities units — Japanese e-commerce giant Rakuten Group Inc. sold 250 billion yen ($1.9 billion) of bonds on Friday, giving the company …
Bloomberg : Sources: amid the Iran war, Asian bankers say rising power prices and energy security are becoming a bigger consideration in ...
