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According to Paul Thomas, a seasoned technologist and founder at Somnia, artificial intelligence (AI), like the metaverse before it, is currently experiencing hype. This hype cycle will continue to be in vogue before eventually waning. Thomas argues that combining the metaverse with AI can potentially “make virtual environments interactive and personal.” AI Hype Cycle Expected … Read more
The company is now worth more than Broadcom and closing in on Meta. Go to Source
Quantum annealing systems could impact the finance and blockchain industries in a major way. Go to Source
Another unicorn has entered the race the develop human-level AI. Go to Source
Sequoia Capital says the industry needs to make up about $600 billion in profit before the current expenditure starts to make sense. Go to Source
The reasons ranged from cannibalizing their own businesses to releasing potentially inferior products. Go to Source
Softbank Group stocks reached an all-time-high on a market capitalization of $97.2 billion. Go to Source
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
The investment comes after a March commitment to spend $90 billion on a chip fabrication facility near Seoul. Go to Source
Nvidia partners with Qatari telecom provider Ooredoo to bring advanced AI technology to the Middle East, marking a significant expansion amid U.S. export restrictions. Go to Source
