Apple poaches Google AI staff, creates ‘secretive’ laboratory

Apple has reportedly been luring experts from Google in its efforts to catch up with Big Tech companies in the race to develop and deploy high-level AI models.

Apple poaches Google AI staff, creates ‘secretive’ laboratory

Apple has reportedly been snatching up experts from Google in an effort to build out its own team of artificial intelligence (AI) and machine learning experts.  According to a&nbs...

4 months ago

MicroStrategy Q1 net loss hits $53.1M, but Bitcoin buying spree continues

MicroStrategy has yet to adopt the new accounting standard that would have taken the billions of dollars in paper gains from Bitcoin’s 65% price rally into account.

MicroStrategy Q1 net loss hits $53.1M, but Bitcoin buying spree continues

MicroStrategy, the largest corporate holder of Bitcoin, reported a net loss of $53.1 million in the first quarter of 2024, but the firm continued to stack more Bitcoin in April. T...

4 months ago

Custodia Bank takes case to higher court after March setback

Custodia Bank is challenging a lower court’s ruling in its battle for a Federal Reserve master account.

Custodia Bank takes case to higher court after March setback

Custodia Bank has filed a notice of appeal with the United States Tenth Circuit Court of Appeals, challenging a lower court’s decision from March denying its attempt to officiall...

4 months ago

Stablecoin firm Tether invests $200M in neurotech company

Tether’s brand new division Tether Evo has completed a $200 million strategic investment in the neural implant firm.

Stablecoin firm Tether invests $200M in neurotech company

Tether — the operator of the eponymous Tether  USDT $1.00  stablecoin, the world’s largest stablecoin by market value — has completed a ...

4 months ago

Apple reportedly courting OpenAI to develop AI features for iPhone

The Cupertino company is also considering a partnership with Google.

Apple reportedly courting OpenAI to develop AI features for iPhone

Apple is reportedly on the hunt for a Big Tech partner to help shore up its flagging artificial intelligence (AI) offerings, with a specific focus on bringing the iPhone’s capabilities up ...

4 months ago

Dubai does for crypto what Silicon Valley did for tech — Gov’t affairs firm CEO

NH Management’s Tao Xiao explained that VARA’s objective is not to hinder progress but to secure the market’s integrity.

Dubai does for crypto what Silicon Valley did for tech — Gov’t affairs firm CEO

Although Dubai’s Virtual Assets Regulatory Authority (VARA) has deployed comprehensive requirements for the crypto space, professionals working in licensing believe that the lengthy proces...

4 months ago

Solana Mobile ‘Chapter 2’ airdrops briefly exceed cost of pre-order

Airdrops from two cat-themed memecoins may have paid off the entire pre-order value of the Solana ‘Chapter 2’ mobile device.

Solana Mobile ‘Chapter 2’ airdrops briefly exceed cost of pre-order

Pre-order holders of Solana’s ‘Chapter 2’ mobile phone had a brief chance to profit from the yet-to-be-released mobile phone — after memecoins airdropped to buyers briefl...

4 months ago

39% of Canada’s institutional investors have exposure to crypto: KPMG

KPMG Canada partner Kunal Bhasin says rising debt and increasing inflation have likely attracted institutional investors into crypto.

39% of Canada’s institutional investors have exposure to crypto: KPMG

Canada-based institutional investors significantly increased their crypto exposure last year compared to the last bull run, a survey from accounting firm KPMG has revealed. Nearly 40% ...

4 months ago

Pantera Capital wins another bid for discounted Solana tokens in FTX bankruptcy auction

California-based venture capital firm Pantera Capital has reportedly won another bid for discounted SOL tokens from a collapsed exchange.

Pantera Capital wins another bid for discounted Solana tokens in FTX bankruptcy auction

Pantera Capital, a Menlo Park-headquartered crypto venture capital firm, has won another pack of discounted Solana’s SOL tokens in an auction organized by the administrators mana...

4 months ago

Pantera Capital wins another bid for discounted Solana tokens in FTX bankruptcy auction

California-based venture capital firm Pantera Capital has reportedly won another bid for discounted SOL tokens from a collapsed exchange.

Pantera Capital wins another bid for discounted Solana tokens in FTX bankruptcy auction

Pantera Capital, a Menlo Park-headquartered crypto venture capital firm, has won another pack of discounted Solana’s SOL tokens in an auction organized by the administrators mana...

4 months ago

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