Technology
CIO Talks

Pentagon Stays Committed to AI Advancement Despite Calls for Pause, Says CIO Sherman

Pentagon CIO emphasizes the importance of continuous AI development to prevent AI hegemony by China and Russia. TWC – Pentagon Chief Information Officer John Sherman stressed that both the public and private sectors in the United States must not halt their pursuit of artificial intelligence (AI) despite calls for a pause. Sherman’s remarks, delivered at […]

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OpenAI CEO Secures $115M Funding for Worldcoin’s “Orb” Iris Scanner, Expanding Crypto’s Identity and Financial Network

Worldcoin’s unique iris-scanning technology receives significant investment while battling privacy concerns. TWC – A crypto company associated with OpenAI CEO Sam Altman, Tools for Humanity, has successfully raised $115 million in Series C funding for Worldcoin, a cryptocurrency project centered around iris scanners. The aim is to establish an individual’s unique identity, promoting inclusivity within […]

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Tesla-Ford Partnership Brings Concerns for Tesla Owners as Charging Stations Open Up

Tesla owners worry about potential congestion as Ford gains access to Tesla Superchargers stations. TWC – In a surprising announcement that has left Tesla owners concerned, Tesla and Ford have revealed plans to open Tesla Supercharger stations to Ford electric vehicles. During a Twitter Spaces talk, Tesla CEO Elon Musk and Ford CEO Jim Farley […]

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Sony’s Project Q Rumored to Launch in November, Offering Streamed PS5 Games on a Handheld Device

Get ready for a possible November release of Sony‘s Project Q, a handheld streaming device for PS5 games. TWC – Sony recently announced its upcoming handheld gaming device, codenamed Project Q, which will allow gamers to stream their favorite PS5 games directly from their home console. While Sony did not provide a specific release date, […]

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CIO Talks

Productive Machines Secures £2.2 Million in Seed Funding to Expand AI Technology Reach.

UK-based AI startup, Productive Machines, has successfully raised £2.2 million in seed funding, paving the way for its advanced machine tool process optimization technology to revolutionize manufacturers globally. TWC – Productive Machines, an artificial intelligence (AI) startup from The University of Sheffield Advanced Manufacturing Research Centre (AMRC), recently announced securing £2.2 million in seed funding. […]

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CIO Talks

Rakesh Routhu aims to establish the world’s largest drone ecosystem.

For Indian entrepreneurs and business owners, it has become their most popular destination and permanent residence. TWC – Australia is considered one of the most favourable environments for starting a business, thanks to its ease of business, credit acquisition, contract enforcement, trade policies, lifestyle, and business growth opportunities. Rakesh Routhu, the Co-Founder and COO of […]

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UK Regulators Block Microsoft’s Multibillion-Dollar Bid for Activision Blizzard

Microsoft’s Bet on Cloud Gaming Trips Up Its Acquisition Plans TWC – Microsoft’s $68.7 billion offer to buy Activision Blizzard has hit a roadblock after UK regulators blocked the deal. The acquisition, which would have been one of the biggest in video game history, was aimed at bolstering Microsoft’s Xbox gaming division and adding popular […]

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Clubhouse lays off half of its workforce to refocus on product development

Audio-based social media app aims to launch the next evolution of its product TWC – Clubhouse, the audio-based social media app that quickly gained popularity during the pandemic, has announced that it is laying off half its workforce to refocus on product development. In a Thursday email to employees, founders Paul Davison and Rohan Seth […]

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Amazon Shares Fall as AWS Optimizations Take a Toll on Q1 Earnings

Amazon’s Q1 earnings beat expectations, but cautious comments regarding AWS customers’ optimizations resulted in a slowdown in growth and a 2% drop in share prices. TWC – Amazon reported its first-quarter earnings on Thursday that exceeded expectations and initially led to increased shares. However, the slowdown in Amazon Web Services (AWS) cloud unit due to […]

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Pinecone AI Platform Raises $100 Million, Valued at $750 Million

Andreessen Horowitz, Iconiq, and Menlo Ventures invest in Pinecone’s AI platform for vector data storage Pinecone Systems Inc. has raised $100 million in a funding round, with participation from Andreessen Horowitz, Iconiq, Menlo Ventures, and Wing Venture Capital, valuing the AI platform at $750 million. The New York-based startup provides vector data storage for large […]

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