Wollito UAB

Regulatory scrutiny is intensifying in the U.K. as Big Tech’s deepening involvement in the AI sector raises concerns over competition and market dominance.

UK regulator scrutinizes Big Tech's role in AI industry

Regulators in the United Kingdom are keeping a watchful eye on the local artificial intelligence (AI) scene as Big Tech companies continue to dominate the space. On April 24, the...

4 months ago

The Philippines SEC mandates the removal of the Binance app from Google and Apple stores in the country citing security threats to investors and, potentially, the local economy.

Philippines SEC orders Apple and Google to remove Binance from app stores

The Philippines Securities and Exchange Commission (SEC) ordered both Google and Apple to remove the Binance app from their respective app stores for users in the Philippines. Ac...

4 months ago

Vietnamese IT firm FTB and Nvidia will join forces to construct a cutting-edge $200 million AI factory, poised to revolutionize the tech landscape in the region.

Vietnamese tech company to build $200M AI factory with Nvidia

The Vietnamese IT company FPT and Nvidia, a global leader in semiconductor chip production, said they would be collaborating to finance and build a $200 million artificial intelligence (AI) fact...

4 months ago

Worldcoin Leaders Discuss Strategic Expansion

Worldcoin Executives Meet Malaysian Leaders Amid Privacy Concerns

Worldcoin executives have met with top Malaysian officials amid ongoing privacy concerns and regulatory challenges. According to a recent social media post by the Malays...

4 months ago

Veyond Metaverse aims to mimic the traditional cadaver experience in visceral detail with Apple’s mixed reality device.

Doctors turn to Apple’s Vision Pro headset to practice surgery amid cadaver shortage

Veyond Metaverse, a medical technology company, recently announced that its medical telepresence platform would expand its footprint to the Apple Vision Pro. The company’s ...

5 months ago

The AI industry faces bottlenecks caused by the scarcity and high costs of enterprise-grade GPUs.

Democratizing AI development: How consumer GPUs are breaking barriers to entry

The AI industry grapples with the scarcity and high cost of GPUs needed for training complex models. DEKUBE introduces a network solution for distributed AI training to democratize AI de...

5 months ago

The firm’s CEO, Eowyn Chen, shared a screenshot of the supposed “high-risk” exploit being sold on the dark web for a whopping $2 million.

‘Disable iMessages’ ASAP to avoid crypto zero-day exploit: Trust Wallet

Crypto wallet provider Trust Wallet is urging Apple users to disable iMessage, citing “credible intel” of a zero-day exploit that could allow hackers to take control of users’ ...

5 months ago

The University of Glasgow, Stanford University, and New Mexico State are already using Quest headsets to educate students.

Meta announces VR education metaverse for ages 13 and up

Meta is bringing its enterprise level Quest services to the education sector, the social media giant announced on April 15. The company’s Quest virtual reality (VR) headsets have...

5 months ago

Bitpanda: Another “Major Milestone”

German Federal Bank Landesbank to Offer Crypto Custody Services With Bitpanda

German federal bank Landesbank Baden-Württemberg has entered a crypto partnership with Bitpanda to offer crypto-asset custody services in the second half of 2024. In an announceme...

5 months ago

Community-owned small language model project introduces a framework for incentivized data sharing, aiming to redefine AI development and user interaction.

David v. Goliath: Small language models challenge Big Tech’s AI giants

The debate on whether artificial intelligence (AI) poses a global threat often misses a crucial point: the real danger lies not in AI itself but in its potential monopolization by the ...

5 months ago