Microsoft and Apple renounce OpenAI board membership
After investing $13 billion in OpenAI last year, Microsoft is distancing itself from the AI startup amid growing scrutiny from regulators. Go to Source
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ChatGPT users on macOS shocked to learn chats were stored unencrypted
The problem has since been resolved, but it begs the question of how such an oversight happened in the first place. Go to Source
Mara Collapse: African Crypto Exchange Burns $16 Million for Salaries and Bonuses
Pan-African crypto exchange Mara reportedly lost approximately $16 million out of the $23 million raised from investors. Following the exchange’s collapse, founder and CEO Chinyere Nnadi is said to have launched a new entity called Jara. Nnadi reportedly argued that the exchange depleted its raised capital by paying high salaries to attract talent. CEO Avoids … Read more
Over 50% of US hedge funds have exposure to Bitcoin as BTC crushes stocks in 2024
Millennium Management, holding 27,263 BTC worth $1.69 billion, has allocated about 2.5% of its $67.7 billion in total assets under management to Bitcoin. Go to Source
Pantera Capital Calls Solana the ‘Mac OS of Blockchains,’ Highlights Architecture Benefits and Growing Adoption
Pantera Capital, an institutional asset manager focused on blockchain technology, has called Solana the “Mac OS of blockchains” in its latest blockchain letter. The firm details that the rise of Solana over Ethereum is reminiscent of what Microsoft experienced when Apple entered the market, highlighting Solana’s growing retail adoption and architectural advantages. Pantera Capital States … Read more
Apple supercharging Siri and iOS with ‘Apple Intelligence’ and OpenAI
Social media and tech news pundits haven’t responded positively to the nomenclature. Go to Source
Nvidia briefly passes Apple as world’s most valuable company
There’s a three-way race for the top slot, with Microsoft maintaining a slight edge. Go to Source
Warren Buffett’s Berkshire Hathaway did crash 99% …against Bitcoin since 2015
Allocating just 1% of Berkshire Hathaway’s portfolio to Bitcoin could have boosted Warren Buffett’s profits by over 25%. Go to Source
Google and Magic Leap partner up to make metaverse goggles despite past flops
It’s unclear why the two companies have partnered up, but the scheme comes amid Apple’s push to dominate the “spatial computing” market. Go to Source
Former Google China boss doubles down: AI to take 50% of jobs by 2027
Kai-Fu Lee predicted the modern AI zeitgeist back when OpenAI was a non-profit building chatbots. Go to Source
