Lydia, the renowned French payment service, has made a significant pivot by introducing Sumeria, its latest innovation aimed at reshaping mobile banking. With a strong user base of 8 million, Lydia's decision to launch a challenger bank marks a pivotal moment in its evolution from a simple payment app...
In the bustling world of artificial intelligence, a new contender has emerged, courtesy of Elon Musk. Grok, developed by X (formerly known as Twitter), is not just any chatbot. It's Musk's bold foray into an arena dominated by giants like OpenAI's ChatGPT. What sets Grok apart? It's its personality—equipped...
The buzzing entrepreneurial vibe of the Pacific Northwest continues to be a hub of innovation and investment, as Seattle-based startup Direqt just secured $4.5 million in funding. Their primary offering? An AI chatbot designed to revolutionize how publishers interact with their consumers.
Launched in 2017, Direqt has already made its...
In the ever-evolving landscape of modern warfare, the emergence of autonomous drones has marked a significant shift in combat strategy. One company, Anduril, is at the forefront of this technological revolution, reshaping the dynamics of aerial conflict with its latest creation: a jet-powered, AI-driven combat drone.
Founded in 2017 by...
Artificial Intelligence (AI) has transformed from the stuff of science fiction to an ever-present reality, touching numerous facets of our lives. Geoffrey Hinton, a major contributor to AI's evolution, has recently sparked intrigue and concern in equal measure with his views on the subject.
From Pioneering to Predicting: Hinton's Vision...
Industrial robotics are stepping into the construction industry spotlight, and PaintJet is at the forefront, introducing game-changing robots for significant paint jobs. In the United States alone, the construction industry, valued at $2 trillion, employs around eight million individuals, nearly equivalent to the population of New York City. Yet,...
A team of top executives from Owkin, a leading French AI company specializing in drug discovery, is venturing into a new startup called Bioptimus. Their goal is to pioneer a "large-language model" (LLM), akin to ChatGPT, tailored specifically for the biotechnology sector.
Bioptimus aims to develop a foundational model that...
Discover Aleph Alpha, Europe's leading AI contender. With its cutting-edge generative AI technology, Aleph Alpha rivals giants like Google and OpenAI. Harness the power of AI to automate tasks and streamline operations. Transparent decision-making and multilingual capabilities make Aleph Alpha the key to Europe's AI aspirations.
In a strategic move that's setting the tech world abuzz, PagerDuty, a heavyweight in digital operations management, has made a decisive play by acquiring the innovative incident management startup Jeli.io. While the financial details remain under wraps, this acquisition is already creating waves in the industry.
Jeli.io burst onto the...
In a remarkable development in the AI industry, OpenAI has agreed to invest a significant $51 million in the purchase of innovative AI chips from Rain, a startup that has garnered attention not only for its technology but also for its backing by OpenAI's CEO Sam Altman. This decision...
U.S. telecom giant AT&T has confirmed a major data breach that has compromised the phone records of nearly all its customers. This latest breach, which was discovered on April 19, has exposed millions of phone numbers, calling and text records, and location-related data.
AT&T has started notifying millions of affected...
Polestar, the Swedish electric vehicle company owned by China's Geely Holdings, recently unveiled its vision for the future amidst a challenging EV market. The company's strategy involves new technology and next-generation vehicles aimed at stimulating sales and driving growth.
The event, named 'Polestar Day,' held in Los Angeles, was more...
In an era where social media often ties us to our screens, Jagat, a trailblazing social network, is redefining the game by encouraging real-life connections. Since its inception in March this year, Jagat has captivated a global audience, surpassing a remarkable 10 million users. This location-based platform isn't just...
Security researchers have found that Salt Typhoon, a Chinese government-linked hacking group, continues to infiltrate global telecommunications companies despite recent US-imposed sanctions. Threat intelligence firm Recorded Future has observed Salt Typhoon, also known as RedMike, compromising at least five telecom firms between December 2024 and January 2025. The group...
The realm of robotics is undergoing a transformative phase, with large language models (LLMs) and generative AI at the forefront of this evolution. This fusion of cutting-edge technology is set to redefine how robots communicate, learn, and operate. Among the pioneers in this field is Agility, an Oregon-based startup,...
In the dynamic world of fintech, strategic moves can be game-changing. NomuPay, a rising star in the payments sector, has taken a significant leap forward by acquiring Total Processing, a Manchester-based startup known for its advanced payment processing solutions. This acquisition marks a crucial step in NomuPay's journey towards...
As 2024 unfolds, the world stands at the cusp of an energy revolution, primarily driven by the rapid adoption of renewable energy sources. This seismic shift is testing the limits of our century-old power grid, a complex network of pylons, cables, and transformers. This article explores the cutting-edge solutions...
In a groundbreaking shift within the music industry, CreateSafe's Triniti platform is emerging as a pivotal force. This generative AI-powered platform, now available as an open beta, is redefining music creation, distribution, and monetization. Triniti's suite of tools, including voice cloning, text-to-audio sample generation, and music industry insights via...
