Science & Tech

Bitcoin-related startup deals soared in 2024 alongside crypto prices, research shows

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Romain Costaseca | Afp | Getty Images Venture capitalists poured money into new bitcoin-associated corporations as crypto charges reached document highs final 12 months. According to a file that Trammell Venture Partners released on Thursday, the marketplace’s pre-seed transactions are expected to multiply by 50% in 2024. Despite a cautious investment environment for the tech […]

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Musk’s X is suing India, as Tesla and Starlink plan entry

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X sued the Indian government last month, accusing it of misusing the law to censor content on its platform. A lawsuit filed by way of Elon Musk’s social media enterprise X alleges that the authorities of Prime Minister Narendra Modi have abused the regulation to censor content on its platform and might be heard employing

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Open AI shifts strategy, plans to launch ”open’ AI model

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The move comes as OpenAI faces increasing competition from Chinese rivals DeepSeek and Meta OpenAI logo is seen in this illustration taken on February 3, 2023. — Reuters According to AFP, OpenAI, the agency behind ChatGPT, stated on Monday that it’s miles growing a greater open generative AI model. This marked an extensive departure from

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Alibaba launches new open-source AI model for ‘cost-effective AI agents’

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AlibabaAs a result of the “DeepSeek moment,” huge-scale language model competition in China maintains to warmness up. On Thursday, Cloud launched its today’s synthetic intelligence version in the “Qwen collection.” The new “Qwen2.Five-Omni-7B” is a multimodal model, which means that it could method inputs, which include textual content, photographs, audio, and motion pictures, even as

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Samsung Electronics co-CEO Han Jong-hee, 63, passes away due to heart attack

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Han Jong-hee, co-chief executive officer of Samsung Electronics Co., at the company’s annual general meeting at the Suwon Convention Center in Suwon, South Korea, on Wednesday, March 19, 2025. South Korea’s Samsung Electronicssaid Tuesday that its co-CEO Han Jong-hee, sixty-three, passed away due to a heart attack. He headed Samsung’s digital home equipment department, as

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Chinese electric carmaker BYD sales beat Tesla

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Chinese electric car maker BYD has mentioned annual sales for 2024 that have leapfrogged rival Tesla.The Shenzhen-based firm says revenue rose by 29% to 777 billion yuan ($107bn; £83bn), boosted by sales of its hybrid vehicles. This topped the $97.7bn stated with the aid of Elon Musk’s Tesla. BYD has also just released a lower-priced

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China’s open-source embrace upends conventional wisdom around artificial intelligence

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China is focusing on large language models (LLMs) in the artificial intelligence space.Blackdovfx | Istock | Getty Images China is embracing open-source AI models in a trend marketplace watchers and insiders say is boosting AI adoption and innovation in the U.S.A., with a few suggesting it is an ‘Android moment’ for the world. The open-source

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Perplexity joins race to buy TikTok and reshape its algorithm

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“Perplexity is uniquely positioned to rebuild the TikTok algorithm without creating a monopoly,” says AI startup Perplexity AI logo is seen in this illustration taken January 4, 2024. — Reuters San Francisco: AI Startup Perplexity has expressed interest in buying TikTok, underlining the plan to recreate its algorithm, as the popular video app faces an

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Elon Musk received court summons in SEC suit over failure to properly disclose Twitter stake

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According to a filing on Thursday, Elon Musk received a court summons last week in connection with the SEC case on his alleged failure to reveal the purchase of Twitter stock in 2022 before bidding to buy the company. The filing stated that a process server gave civil summons to Kasturi at the headquarters of

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Baidu shares jump 10% following release of new open-source AI models

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Investors appeared favourable to the release of two new AI models over the weekend, as is clear from the fact that Chinese tech veteran Baidu shares were trading up to 10.7% in Asia on Tuesday. On Sunday, Baidu unveiled the two brand-new AI models: the most recent version of its basic “Ernie” model and a

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