The tech landscape is abuzz as Elon Musk’s xAI has launched its Grok-Beta API, igniting competition with established AI giants like OpenAI and Anthropic. Though the offering is currently limited, it represents a significant step in Musk’s strategy to disrupt the AI market. Priced at $5 per million input tokens and $15 per million output […]
Venrex and the British Beauty Council Launch Beauty Venture Fund
The landscape of the beauty industry continues to evolve, and with it comes exciting opportunities for innovation and investment. Recently, venture investment firm Venrex and the British Beauty Council (BBCo) announced the inception of the Beauty Venture Fund, aiming to provide vital financial backing for a range of beauty companies based in the UK. This […]
Beauty On-Demand Provider Ruuby Raises $2.6 Million
Ruuby, the British beauty services app founded by Venetia Archer, has successfully raised $2.6 million in its latest investment round, which was primarily led by Praetura Ventures, a Manchester-based investing firm. This funding comes through the Northern Powerhouse Investment Fund, aimed at supporting businesses in the north of England, where traditional access to financing has […]
Hiya Unveils New Tool to Detect AI Deepfake Voices
Hiya, an innovative company based in the United States known for its expertise in fraud and spam detection, has recently introduced a significant advancement in digital security: a Chrome browser extension designed to detect AI-generated deepfake voices. This tool comes at a crucial time when concerns over voice manipulation and its potential misuse are rising, […]
Major Collaboration to Construct a High-Speed Dark-Fibre Network Between Frankfurt and Vienna by 2025
In an impressive advancement within European telecommunications, A1 Austria, Eurofiber, and Quantcom have united to develop a high-speed dark-fibre network connecting Frankfurt and Vienna. This ambitious project, which is expected to be operational by December 2025, aims to provide an ultra-low-latency infrastructure, vital for modern telecommunications demands. The collaboration between these three firms signifies more […]
Schneider Expands Data Centre Offerings with $850 Million Deal
Schneider Electric, a global leader in energy management and automation, has recently unveiled a significant strategy shift with its announcement of an $850 million acquisition of a 75% stake in Motivair Corp. This U.S.-based company specializes in liquid cooling solutions tailored for high-performance computing. This all-cash deal is set to be completed in the forthcoming […]
EU Decision Gives X Flexibility Amid Big Tech Regulations
The European Commission has recently announced that X, the social media platform owned by Elon Musk, will not be classified as a “gatekeeper” under the stringent requirements of the Digital Markets Act (DMA). This decision, made during an investigation that commenced in May, grants X considerable operational flexibility by exempting it from additional regulatory burdens […]
Wales engineer takes legal action to retrieve lost Bitcoins worth $647 million
In an unprecedented move that intertwines technology, law, and personal stakes, James Howells, a software engineer from Wales, has initiated a legal battle against Newport City Council over a matter involving substantial sums of money. Howells is seeking to recover a hard drive that contains approximately 8,000 Bitcoins, a digital fortune that today is worth […]
Adobe's Firefly Video Model: Revolutionizing Content Creation through AI
In the fast-paced world of video production, an innovative new tool has emerged that promises to reshape how creators generate content. Adobe has recently launched the Firefly Video Model, an artificial intelligence (AI) tool that transforms text prompts into video footage. This latest tool positions Adobe in direct competition with industry players like OpenAI and […]