Portal Ventures raises $75M for pre-seed crypto fund
Source: Coin Tegraph Portal Ventures’ new fund will back pre-seed rounds for crypto startups, aligning with the growing VC focus on early-stage activity in 2024. Read Full Article
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Sterlite Technologies enters AI data centre market with edge optical solutions at India Mobile Congress 2024 | Mint
Source: Live Mint Sterlite Technologies (STL) has announced its entry into the AI-driven data centre market with a showcase of its integrated offerings at the India Mobile Congress 2024. The portfolio, which includes optical cables, connectivity, and interconnect solutions, was inaugurated by Shri Jyotiraditya Scindia, India’s Honourable Telecom Minister. This development marks a significant leap…
ASI Alliance launches Cortex — Decentralized AI for industrial needs
Source: Coin Tegraph Cortex, the ASI Alliance’s first decentralized AI model, targets robotics, biotech and healthcare for domain-specific applications. Read Full Article
The breakthrough AI needs
Source: Live Mint Large language models have a keen appetite for electricity. The energy used to train OpenAI’s gpt-4 model could have powered 50 American homes for a century. And as models get bigger, costs rise rapidly. By one estimate, today’s biggest models cost $100m to train; the next generation could cost $1bn, and the…
Tax structure explained: Delhi govt offers rebate for scrapping old cars
Source: Business Standard 2 min read Last Updated : Oct 03 2024 | 8:29 AM IST The Delhi government has announced a new incentive scheme to promote the scrapping of old vehicles. Under this scheme, buyers of new vehicles who opt to scrap their old ones will be eligible for a tax rebate of…
IPO News Today Live Updates : KRN Heat Exchanger IPO listing date today; GMP, experts signal multibagger returns upon debut
Source: Live Mint IPO News Today Live Updates: Navigate the dynamic world of initial public offerings with our dedicated IPO News section. Here, we bring you the latest updates on companies stepping into the public market, offering insights into their financial strategies, valuation, and market reception. Whether you’re an investor looking for new opportunities or…
How stablecoins improve US dollar utility — Paxos CEO
Source: Coin Tegraph Paxos co-founder and CEO Charles Cascarilla said stablecoins pull people into Web3 because they solve problems. Read Full Article
Errors, high cost among reasons GenAI not moving beyond concept stage
Source: Live Mint Senior industry executives and analysts say a high error rate, steep cost of deployment and the relative newness of the technology are the main reasons for GenAI’s weak adoption by companies. “So first and foremost, accuracy of the results is critically important. And second, the adoption of that solution is critically important….
/cdn.vox-cdn.com/uploads/chorus_asset/file/25446240/247111_iPad_Pro_2024_AKrales_1000.jpg?w=600&resize=600,400&ssl=1 "Apple’s ‘HomePod with a screen’ may come later in 2025")
Apple’s ‘HomePod with a screen’ may come later in 2025
Source: The Verge The display, which Kuo notes is expected to have a 6 or 7-inch screen and A18 chip like the current iPhone 16 line, has been rumored to be a square, magnetically mountable iPad-like device. It may run some Apple apps and Apple Intelligence, unlike the current lineup of HomePods and Apple TVs….
VonMises bought 60 CryptoPunks in a month before the price spiked: NFT Collector
Source: Coin Tegraph Ex TradFi guy VonMises has built up one of the best NFT collections on the planet by selling when he can, not when he has to. Read Full Article