Fintech giant Block, owned by Jack Dorsey, has laid off 931 employees, roughly 8% of its staff, in a restructuring effort. The company cited shifting strategic needs, performance issues, and a desire to flatten its hierarchy as reasons for the layoffs. Block is also closing 748 open roles, with the exception of critical operational and…
Researchers at Monash University in Australia have made a groundbreaking discovery in the development of biodegradable implants. By enhancing the mechanical properties of zinc alloys, they have created a material that could potentially replace traditional stainless steel or titanium implants, which can cause discomfort and bone loss. The new zinc alloys are strong, biocompatible, and…
Physicists at Zhejiang University in China have made a groundbreaking discovery by creating the world’s smallest light-emitting diode (LED) displays. The team, led by Baodan Zhao, has successfully developed a monochromatic display with pixels less than 100 micrometres across, and even smaller LED pixels measuring 90 nanometres wide, comparable to the size of a typical…
Artificial intelligence (AI) is transforming the biotech industry, enabling companies to accelerate the drug discovery process while reducing costs. The COVID-19 pandemic highlighted the potential of AI in finding treatments and vaccines with greater speed and precision. This article explores 12 AI drug discovery companies making significant strides in their technology, including Anima Biotech and…
MEXC, a leading global cryptocurrency exchange, has announced the listing of CORN (CORN) on both spot and futures markets, accompanied by a massive $149,000 USDT prize pool. CORN represents a next-generation blockchain solution built on Arbitrum Orbit, offering unprecedented scalability and efficiency for Bitcoin-centric applications. The listing is expected to bring significant attention to the…
The James Webb Space Telescope has made a groundbreaking discovery, capturing a distant galaxy blowing a bubble in the gas around it just 330 million years after the Big Bang. This finding marks the earliest sign yet spotted of the era of cosmic reionization, a transformative period in the universe’s history. The galaxy, dubbed JADES-GS-z13-1,…
11x, a startup that offers AI-powered sales automation, has been experiencing financial struggles and is facing potential legal action from investors and customers. The company, which was on an explosive growth trajectory last year, has seen many of its early customers cancel their contracts due to issues with the product. 11x has also been accused…
Researchers in China have unveiled a 105-qubit quantum processor that can solve a quantum computation problem in minutes, a feat that would take billions of years using the world’s most powerful classical supercomputers. This achievement sets a new benchmark for claims of quantum advantage, a key measure of success in the field of quantum computing….
A recent analysis by METR, a non-profit organization, suggests that artificial intelligence (AI) systems are improving at a rapid pace and could close the gap with humans sooner than anticipated. The study found that the time horizon of leading AI models has doubled roughly every seven months since 2019, with the latest models doubling their…
Cloud mining has emerged as a smoother and more profitable alternative to holding XRP, offering a passive and consistent income stream through platforms like BCH Miner. This innovative approach leverages advanced AI to optimize mining strategies, making it accessible to users worldwide, regardless of their level of expertise or investment size. Forecast for 6 months:…