The fintech industry is facing a tumultuous period, with high-profile lawsuits, security breaches, and shifting regulatory landscapes. Charlie Javice, the founder of student financial planning aid startup Frank, is on trial for allegedly defrauding JPMorgan Chase out of $175 million. Meanwhile, crypto exchange Bybit suffered a massive hack, and Coinbase and Robinhood have seen their…
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Apple has released the first developer beta for iOS 18.4, featuring a new “Priority Notifications” feature powered by Apple Intelligence. This innovative feature aims to help users manage their notifications by prioritizing important alerts and minimizing distractions from less important ones. The feature is currently available for developers, with a public release expected in the…
Nvidia CEO Jensen Huang has made a surprising statement about the impact of DeepSeek’s R1 open source reasoning model on the chipmaker’s business. Huang claims that the market got it wrong, and the release of R1 is actually good for the AI market, accelerating its adoption and making it more efficient. This news comes after…
Meta, despite announcing plans to cut 5% of its employees, is expanding in India by setting up a new site in Bengaluru, the country’s tech hub. The company is currently hiring for 41 positions, mostly software and machine learning engineer jobs, and roles focused on designing chips for Meta’s data centers. This move represents a…
Apple has announced that its generative AI platform, Apple Intelligence, will be integrated into the Vision Pro as part of the upcoming visionOS 2.4 update. This integration will bring features like Rewrite, Proofread, and Summarize to the wearable display, enhancing the user experience and making it more suitable for on-device workflow. The update is set…
Humane, a Silicon Valley-based AI hardware startup, has been partially acquired by HP for $116 million, a significant decrease from its initial venture capital funding of $240 million. The acquisition has resulted in layoffs for some employees, while others have received job offers from HP with pay increases and bonus plans. The newly formed innovation…
Amazon has announced that it will discontinue its app store for Android on August 20, 2025. This decision comes after the company stated that it will focus its efforts on the Appstore experience on its own devices, such as Fire TV and Fire Tablet. The app store will still be functional on these devices, but…
Spotify has partnered with ElevenLabs to offer AI-narrated audiobooks on its platform, expanding its library of digital audiobooks. This move comes two years after Spotify teamed up with Google Play Books to offer AI-narrated audiobooks. The partnership allows authors to narrate their audiobooks in 29 languages, with the free version offering up to 10 minutes…
Fiverr, a popular gig marketplace, has announced a new initiative that allows freelancers to train AI on their work and use it to automate future jobs. This move aims to equip freelancers with generative AI tools and ensure they receive proper credit and compensation. The platform will launch a program called the “Personal AI Creation…
Elon Musk’s AI company, xAI, has released its latest flagship AI model, Grok 3, which boasts enhanced capabilities in image analysis and question-answering. The new model has been in development for several months and surpasses its predecessor, Grok 2, in terms of computing power and accuracy. Grok 3 is set to revolutionize the AI landscape,…