Ordinals project by Taproot Wizards secures $7.5 million in funding to rekindle the ‘magic’ in Bitcoin.
While Bitcoin is often regarded as the forefather of cryptocurrencies, it’s not typically celebrated for its innovative spirit or groundbreaking endeavors. While some prefer to maintain this status quo, there are those who wish to see change. Enter Taproot Wizards, a Bitcoin-centric project within the Ordinals space, which drew inspiration…Continue Reading
While OpenAI has focused its efforts on text and images, iGenius has been dedicated to advancing GPT in the realm of numerical data.
Just one week after its launch, ChatGPT, the AI-powered chatbot developed by OpenAI, attracted more than 1 million users, and within the first month, its user base grew to an impressive 100 million. This remarkable surge in popularity garnered significant attention from both the media and consumers alike. The software’s…Continue Reading
Startups often discover the challenging reality that depending on OpenAI’s technology can be a double-edged sword
The recent enhancement to OpenAI’s ChatGPT, enabling users to upload PDFs and make inquiries about their content, has reverberated throughout the startup ecosystem. This development represents a notable, if somewhat predictable, challenge for numerous companies, particularly those known as “wrapper startups” that have structured their businesses around a specific gap…Continue Reading
YouTube plans to evaluate generative AI capabilities, such as a comment summarization feature and a conversational tool.
YouTube has unveiled its plans to explore novel generative AI capabilities, as disclosed by the company today. As a component of the premium offering accessible to paid subscribers, YouTube enthusiasts will soon have the opportunity to test a groundbreaking conversational tool driven by AI. This tool will be designed to…Continue Reading
Move AI, a 3D motion capture application, secures $10 million in seed funding.
AbsoluteMarket has previously covered Move AI, a UK-based company founded four years ago, known for its smartphone app capable of generating 3D motion capture models from standard 2D video footage. Now, this innovative company, poised to disrupt the long-standing and costly traditional method of 3D motion capture used in sports,…Continue Reading
Cranium secures $25 million in funding for its enterprise AI monitoring, security, and compliance platform.
The AI landscape has been exceptionally dynamic, especially in the year since ChatGPT was publicly launched by OpenAI. Numerous surveys consistently indicate that enterprises are rapidly considering and adopting new AI tools. However, as they do so, there is a critical question: How do they guarantee that the AI solutions…Continue Reading
Databricks, the analytics company valued at $43 billion, has acquired the data startup Arcion for a sum of $100 million.
Databricks has announced its acquisition of Arcion, an enterprise data company, in a deal valued at approximately $100 million, including performance-based incentives. CEO Ali Ghodsi shared this information with CNBC prior to the official announcement scheduled for Monday. Databricks primarily offers a data analytics tool driven by deep learning, an…Continue Reading
Highlight unveils a comprehensive application monitoring platform and secures $8 million in funding
Highlight, a San Francisco-based startup dedicated to enhancing web application observability for enterprises, has proudly unveiled its flagship product to the public. This innovative offering is an open-source monitoring platform that consolidates a comprehensive view of an application’s entire stack and the associated issues into a single, easily accessible location….Continue Reading
Anonybit secures $3 million in funding to advance the development of its biometric security platform, Genie.
In 2022, our previous coverage of Anonybit introduced the New York and Tel Aviv-based biometric security startup. At that time, they had recently emerged from stealth mode with a funding round of $3.5 million, promising to provide advanced security for enterprises’ employee biometric data. Their approach involved breaking this data…Continue Reading
Nvidia and Foxconn collaborate to enhance AI for electric vehicles.
Foxconn, the largest electronics manufacturer globally, has declared a strategic alliance with Nvidia to expedite the advancement of electric vehicles (EVs) and the associated artificial intelligence (AI) technology. This partnership, unveiled during the Hon Hai Tech Day event in Taiwan, represents a pivotal step toward realizing Foxconn’s vision for the…Continue Reading