A new player has stepped into the global AI race — and it’s coming from the United Arab Emirates. The Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) announced the launch of K2 Think, a cost-efficient reasoning model designed to compete with OpenAI and DeepSeek. Unlike massive systems such as DeepSeek’s R1 (671 billion parameters) […]
Momenta, a leading Chinese autonomous driving technology startup, is in talks to raise fresh capital at a potential valuation of around $6 billion, according to people familiar with the matter. The figure could still shift as the funding process moves forward, sources noted. The Beijing-based company specializes in developing advanced software and algorithms that enable […]
The debate over whether artificial intelligence is heading toward a market bubble has become one of the most discussed topics among global investors. While some experts, including billionaire investor Ray Dalio, have raised concerns about market overvaluation, others see today’s AI surge as fundamentally different from previous tech frenzies. One such optimist is Magnus Grimeland, […]
Artificial intelligence is becoming a quiet game-changer for neurodiverse professionals — including those with ADHD, autism, dyslexia, and similar conditions — helping them thrive in workplaces that were not originally designed for their needs. According to a recent study conducted by the UK’s Department for Business and Trade, neurodiverse employees reported 25% higher satisfaction when […]
Jack Dorsey, the co-founder of Twitter, has developed a new messaging app called Bitchat, a decentralized, peer-to-peer communication tool that operates entirely over Bluetooth mesh networks—no internet, SIM card, phone number, or email needed. Over the weekend, Dorsey personally built and launched the beta version of the app, now available on TestFlight, alongside a full […]
The U.S. Department of Defense announced Monday that it has awarded contracts worth up to $200 million to four major AI firms—Anthropic, Google, OpenAI, and xAI—to accelerate the development of artificial intelligence systems aimed at addressing key national security needs. These contracts, coordinated through the DoD’s Chief Digital and Artificial Intelligence Office, will support the […]
Coinbase CEO Brian Armstrong joined fellow crypto leaders on Capitol Hill this week in a heated policy battle with the banking industry — a fight that could impact trillions of dollars in deposits. Banking advocacy groups are lobbying lawmakers to ban crypto exchanges from offering stablecoin rewards, arguing that such perks mimic traditional bank interest […]
Electronic Arts (EA) announced Monday that it will be taken private in a massive $55 billion all-cash acquisition led by Saudi Arabia’s Public Investment Fund (PIF), Silver Lake, and Affinity Partners. Under the agreement, EA shareholders will receive $210 per share in cash, marking one of the largest leveraged buyouts in Wall Street history. The […]
Apple Inc. has officially begun shipping its first batch of American-made AI servers from a newly established facility in Houston, Texas, signaling a major step forward in its commitment to boost U.S.-based manufacturing and innovation. These advanced servers form a key part of Apple’s $600 billion investment initiative aimed at expanding local production, strengthening supplier […]
Bitcoin surged to a fresh all-time high on Thursday, breaking through $113,000 as investor enthusiasm returned to risk assets and a wave of short liquidations pushed prices even higher. The top cryptocurrency climbed as much as $113,863.18 during the day before settling around $113,459, marking a nearly 2% daily gain. This latest rally extends the […]