OpenAI Unveils Plan to Restructure into For-Profit Entity, Seeks More Capital for Growth

Prime Highlights: The company plans to transition its for-profit division into a Public Benefit Corporation (PBC) to secure additional capital for its expansion in the AI sector. This restructuring will…

Continue ReadingOpenAI Unveils Plan to Restructure into For-Profit Entity, Seeks More Capital for Growth

Temu App Dominates U.S. iOS Downloads for Second Consecutive Year Amid Rising Scrutiny of Chinese Companies

Prime Highlights  Temu Tops US iOS Downloads for Second Consecutive Year: The Chinese-owned e-commerce app, Temu, ranked as the most downloaded free app on the U.S. iOS store for 2024,…

Continue ReadingTemu App Dominates U.S. iOS Downloads for Second Consecutive Year Amid Rising Scrutiny of Chinese Companies
Read more about the article Xreal Unveils New AR Glasses with Self-Designed Chip to Compete with Meta and Snap
Image : https://stock.adobe.com/in/

Xreal Unveils New AR Glasses with Self-Designed Chip to Compete with Meta and Snap

Xreal, an Alibaba-backed firm, has launched its next-generation AR glasses called Xreal One Series as an attempt to strengthen its stand in the growing AR market. The new product has…

Continue ReadingXreal Unveils New AR Glasses with Self-Designed Chip to Compete with Meta and Snap
Read more about the article Data Centers Powering Artificial Intelligence May Consume More Energy Than Entire Cities
https://stock.adobe.com/in/

Data Centers Powering Artificial Intelligence May Consume More Energy Than Entire Cities

The rapid growth of data centers driven by artificial intelligence (AI) and cloud computing is creating a significant surge in electricity demand, with some campuses expected to consume more power…

Continue ReadingData Centers Powering Artificial Intelligence May Consume More Energy Than Entire Cities
Read more about the article Bitcoin Surpasses $93,000 for the First Time Amid Post-Election Rally and Inflation Data
https://stock.adobe.com/in/

Bitcoin Surpasses $93,000 for the First Time Amid Post-Election Rally and Inflation Data

Bitcoin sharply surged to a fresh all-time high above $93,000 on Wednesday, continuing its rally since the recent U.S. election. It touched a high of $93,469.08 and is now trading…

Continue ReadingBitcoin Surpasses $93,000 for the First Time Amid Post-Election Rally and Inflation Data
Read more about the article Adyen Reports 21% Growth in Third-Quarter Revenue, Shows Resilience Amid Market Pressures
https://stock.adobe.com/in/

Adyen Reports 21% Growth in Third-Quarter Revenue, Shows Resilience Amid Market Pressures

Dutch payments firm Adyen has announced a 21% year-on-year increase in its third quarter net revenue, which has reached €498.3 million ($535.5 million) earned on a constant currency basis. This…

Continue ReadingAdyen Reports 21% Growth in Third-Quarter Revenue, Shows Resilience Amid Market Pressures