Blockchain is transforming the boundaries between virtual assets and real-world applications through its decentralised nature. This decentralisation not only reduces the risk of centralised corruption or failure but also encourages more democratic data management. It’s paving the way for innovative business models and Web3 applications. With its potential to revolutionise various sectors, from finance and
Though futuristic technology is fast moving towards a stage where it seems to take over human endeavour, Edberg Ponniah swears by innovation and creativity of the human mind. With the conviction that engineering is not only a profession, but a way of thinking, the chemical engineer believes in leading from the front and back in
Beebop.ai, a power grid orchestration software, announced its €4.9 million seed round, led by Angular Ventures, with support from Contrarian Ventures. Beebop is already used by leading utilities and manufacturers across Europe, the UK and the Middle East, and expects to control more than 100K residential assets under management in the coming year. Beebop’s orchestration
Alibaba Group Holding’s shares are expected to benefit significantly from joining the cross-border Stock Connect programme, following the historical performance of other Chinese tech giants like Tencent, Meituan, and Xiaomi. These companies saw substantial growth in stock value after their inclusion, and analysts predict Alibaba will follow a similar trajectory. The Stock Connect programme allows
Adobe is set to launch a powerful generative AI-powered video creation and editing tool later this year, marking its next big step into the AI space. The tool, Adobe Firefly Video Model, will be released in beta and join the company’s existing Firefly suite, which already includes AI-powered image and design applications. This new tool
OpenAI announced recently that it has reached a significant milestone of more than one million paying users across its business-focused products—ChatGPT Enterprise, Team, and Edu. This marks a remarkable growth from the 600,000 users the AI firm reported in April, showing the increasing adoption of its chatbot solutions among businesses. This surge in users highlights
Apple is set to make waves in the tech world once again with its latest iPhone, which will incorporate Arm’s cutting-edge V9 chip technology. The much-anticipated iPhone, which debuted recently at Apple’s event in Cupertino, California, features the A18 chip, developed using Arm’s innovative design.. According to recent reports, this partnership with Arm, owned by
There is no denying that AI is real. Yes, it’s over-hyped. Yes, entire portfolios are being ‘AI-washed’ in the same way everything suddenly became a ‘cloud’ product over a decade ago. But it is real according to our 2024 State of AI Application Strategy research. While most organisations (69%) are conducting research on technology and
Brazil’s recent ban of Elon Musk’s social media platform X has boosted the profile of its smaller rival, Bluesky, as people search for alternatives to voice their opinions. Bluesky said in a post that it had attracted two million new users in a span of a week, and the app appeared to be experiencing some
Steerlab, a Paris-based AI start-up, has raised a €1.7 million pre-seed funding round to double down its strategy to build a cutting-edge AI platform that automates responses to Requests For Proposals (RFPs) and security questionnaires. The funding round was led by Nordic early-stage investor Dreamcraft VC, with significant contributions from Heartfelt_, a Berlin-based early-stage firm
