Introduction to High-Frequency Trading High-Frequency Trading (HFT) has emerged as a groundbreaking approach in the financial markets, leveraging advanced technology to execute trades at unprecedented speeds. This method involves the use of powerful computers and sophisticated algorithms to process vast amounts of data in real-time, enabling traders to capitalize on minute price discrepancies. HFT has […]

In a recent development, tech giants Microsoft and Apple have decided to withdraw their observer seats on the board of OpenAI. This move has sparked regulatory scrutiny and raised concerns about antitrust issues surrounding Microsoft’s deal with the AI research organization. OpenAI has confirmed Microsoft’s departure, expressing gratitude for the tech giant’s support and confidence […]

San Francisco-based startup, Magic AI, recently raised an impressive $117 million in a Series B funding round spearheaded by NFDG Ventures. CapitalG and Elad Gil also participated in the round, pushing Magic AI’s total funding north of $145 million. Launched in 2022, Magic AI is dedicated to the development of an AI software engineer capable […]

OpenAI CEO Sam Altman is making headlines with his ambitious plan to secure an unprecedented $7 trillion for a new AI Chip company. Altman is actively engaging in discussions with leaders from the United Arab Emirates (UAE) and other countries to explore potential funding opportunities for this groundbreaking venture. At the core of Altman’s plan […]

OpenAI CEO Sam Altman has set his sights on creating a global network of semiconductor manufacturing factories. To achieve this ambitious goal, Altman is actively seeking funds from global investors. He has been engaged in discussions with potential investors such as G42 and SoftBank, aiming to secure the necessary funds for chip fabrication plants. Altman’s […]

Norwegian startup robotics company 1X Technologies has recently secured an impressive $100 million in a series B funding round. This funding comes with the participation of Samsung, a well-known global brand. The investment will serve multiple purposes, including supporting existing enterprise customers and bringing 1X’s bipedal android, named “NEO,” to the market. The primary objective […]

Tech Spark AI, a Canadian tech company, has recently secured $1.4 million in a pre-seed round of funding. The funds will be used to develop their generative AI platform, Spark Plug. The funding for this round was led by TD Bank, with participation from Salesforce, the Canadian government, and NBA Canada. Spark Plug aims to […]

Airbnb, the renowned online marketplace for lodging and tourism experiences, has recently made a significant move in the world of artificial intelligence (AI). The company has acquired Gameplanner.AI, a stealth-mode startup founded by Adam Cheyer, one of the original creators of Siri. This acquisition, valued at almost $200 million, highlights Airbnb’s strong focus on leveraging […]

IBM, a global technology company, has recently launched a $500 million venture fund aimed at investing in artificial intelligence (AI) companies. The fund, known as the Enterprise AI Venture Fund, is dedicated to supporting AI startups as well as established enterprises. The primary focus of the fund is to drive research and development in generative […]

British Technology Secretary Michelle Donelan has called for international collaboration to mitigate the risks associated with artificial intelligence (AI) at the global AI Safety Summit. The two-day summit, held at Bletchley Park in Buckinghamshire, England, saw participation from high-profile attendees including Elon Musk, Ursula von der Leyen, Kamala Harris, and Giorgia Meloni. The primary objective […]