US Establishes First Sovereign Wealth Fund Amid Speculation of Bitcoin Inclusion

The United States has initiated the creation of its first sovereign wealth fund following President Donald Trump’s executive order. This move has generated significant interest within the cryptocurrency community, with many speculating about the potential inclusion of digital assets like Bitcoin. According to Treasury Secretary Scott Bessent, the fund is expected to be operational within …

Apple’s Profits Jump 11% While Total Sales Drop Slightly

In its 2023 fiscal fourth quarter, Apple reported a net profit increase of 10.7% annually despite a slight drop in total sales. The American technology company’s net profit until September 30 rose to over $22.95 billion due to a surge in the sales of iPhone and services business. However, the company’s revenue dropped around 1% …

New Google AI Can Do Self-Supervised Teaching

In recent years, artificial intelligence has reshaped the digital era. Google’s AI unit DeepMind has crossed another milestone in AI technology by developing a self-learning AI tool, Robotcat AI, which can learn new tasks without supervision. A first of its kind, as DeepMind claims, RoboCat AI can use various real-world robots to teach itself and …

Computer Vision Systems Combine Image Creation And Recognition

Two computer tasks work separately to create and assess images. Despite working in the same department, the two capabilities run different functions. MIT’s Computer Science and Artificial Intelligence Laboratory researchers found a way to merge the two into a unified vision system. Recently, the team trained a system to deduce the missing parts of an …

Tesla Stock Records Longest Winning Streak After GM Ford Charging Deal

Tesla’s stock extended its longest winning streak of eleven consecutive days, setting a new record. Tesla’s shares ended the day with 2.2% at $249.83, recording the automaker’s highest stock since October 2022. The previous record of eleven straight days was recorded in January 2021. The new 12-day streak of Tesla’s stock was among the US’ …

The Apple Vision Pro: Re-Visioning How People Interact with Virtual Reality

Powerful virtual reality headsets are important because they provide a more immersive and realistic experience. They allow users to interact with virtual worlds, experience high-quality graphics and sound, and explore new forms of entertainment, education, and training, leading to increased excitement and interest in the technology. Apple might not have been the first to launch …

Elon Musk Buys Twitter, Gets Rejected As CEO

Elon Musk and Twitter have been in the headlines consistently for the past year. From a complete takeover to mass layoffs and data regulation breaches, Twitter has seen a lot in such a short period. Musk, a billionaire, founder, innovator, and businessman had bought Twitter entirely for $44 billion earlier in 2022. The microblogging platform …

Google Has Launched Google Bard In India

Google has released its artificial tool, Google Bard, to assist users with simple or complex functions. Despite being in the beta stage, Google has made the chatbot accessible to over 180 countries, including India. This chatbot rivals ChatGPT regarding operations, UI, features, and limitations. Powered by LaMDA and PaLM2, Google Bard AI simplifies complex tasks, …

Credit Suisse CEO Joining UBS as Merger Closes in 2 Weeks

Swiss banking giant, UBS, has confirmed that Ulrich Koerner, CEO of Credit Suisse, will join its executive board after acquiring its domestic rival. The two banks will keep operating separately “for the foreseeable future” despite the high-profile merger expected to close within two weeks. Driven by the concern that Credit Suisse may encounter financial difficulty …

SpaceX To Spend About $2 Billion On Starship This Year, As Elon Musk Pushes To Reach Orbit

With an impressive budget of around $2 billion, SpaceX is dedicated to advancing the development of its Starship rocket, according to Elon Musk. After the recent launch on April 20th, Musk is confident that the next flight will successfully achieve orbit, without requiring any extra financial support. He is optimistic about the program’s progress and …