Category: News

OpenAI, a leading force in the artificial intelligence space, has officially introduced the third generation of its text-to-image model, DALL·E. The upgraded version will be available to ChatGPT Plus and Enterprise users starting in October. DALL·E 3 significantly enhances image generation capabilities, allowing users to create high-quality, visually rich outputs even from short and simple...

A major shift is underway in the U.S. telecommunications industry. Charter Communications is acquiring its long-time rival, Cox Communications, in a landmark deal worth $21.9 billion. As part of the agreement, Charter will also assume Cox’s $12.6 billion in net debt, bringing the total enterprise value of the deal to $34.5 billion. The newly formed...

In an effort to sharpen its competitive edge in an evolving tech landscape, Microsoft is set to reduce its global workforce by approximately 3%, impacting around 7,000 employees. The decision is part of a broader plan to reallocate resources toward artificial intelligence investments and infrastructure development. The company, which employs over 220,000 people worldwide, is...

In a major move to expand its footprint in the crypto derivatives market, Coinbase has announced its intention to acquire Deribit for $2.9 billion. The deal includes a $700 million cash payment and the transfer of 11 million Class A Coinbase shares to Deribit. This strategic acquisition is expected to strengthen Coinbase’s presence in the...

Microsoft has officially prohibited its employees from using the China-based AI application DeepSeek, citing serious concerns about data privacy and potential propaganda content. During a recent hearing in the U.S. Senate, Microsoft Vice Chair and President Brad Smith announced the decision, highlighting the risks associated with how DeepSeek handles user data. According to Smith, user...

A major move is reportedly underway in the world of venture capital: Andreessen Horowitz (a16z) is planning to launch a $20 billion mega fund aimed at capitalizing on the surging global interest in U.S.-based artificial intelligence companies. According to a Reuters report, the Silicon Valley-based VC firm—founded in 2009 by Marc Andreessen and Ben Horowitz—is...

Social media platforms have undergone a significant transformation in recent years. Topics such as data privacy, content moderation, and algorithm transparency have become key concerns for users around the world. At the heart of this transformation stands a next-generation platform that’s catching everyone’s attention: Bluesky. Founded by former Twitter CEO Jack Dorsey, Bluesky brings a...

According to a New York Times report citing sources close to the White House, Amazon has allegedly submitted an offer to acquire TikTok. With the deadline for a sale looming—TikTok faces a nationwide ban in the U.S. unless a deal is reached by the end of April—the platform is said to be in talks with...

Enterprise browser developer Island has secured $250 million in a Series E funding round led by Coatue, with participation from Insight Partners, Sequoia Capital, and Canapi Ventures. The fresh investment has propelled the company’s valuation to $4.85 billion. Based in Dallas, Texas, Island enables businesses to develop customized enterprise browsers, granting them full control over...

Believing that AI models should excel not only in text generation but also in visual creation, OpenAI has enhanced GPT-4o’s capabilities, integrating its most powerful image generation features to date. These new features will initially be available to ChatGPT Pro, Plus, and Team subscribers. Due to overwhelming user demand, OpenAI plans to roll out GPT-4o’s...