April, 2024 - NEYSCITY PORTAL

Snowflake Unveils Arctic: An Innovative, Open-Source ‘Mixture-of-Experts’ LLM

Snowflake has unveiled Arctic, a new open ‘mixture-of-experts’ Large Language Model (LLM) designed to compete with DBRX and Llama 3. Arctic is an LLM that has been fine-tuned for intricate…

Gatlin April 25, 2024

Mark Zuckerberg Warns Investors Generative AI Won’t Make Profit for Years

The gold rush for generative AI has begun, but don't expect overnight profits. Meta CEO Mark Zuckerberg tempered investor expectations during Wednesday's first-quarter earnings call, emphasizing that harnessing the technology's…

Gatlin April 25, 2024

How ‘Parasite SEO’ Services are Poisoning Reddit for Profit

In the ever-evolving landscape of digital marketing and search engine optimization (SEO), a concerning trend has emerged – the use of artificial intelligence (AI) to manipulate platforms like Reddit for…

Gatlin April 24, 2024

Figment Achieves Record Growth, Surpassing $15 Billion in Staked Assets

Figment, a leading staking infrastructure provider, has announced a remarkable fivefold year-over-year growth in the first quarter of 2024, with over $15 billion in assets staked from more than 500…

Gatlin April 24, 2024

UK Grindr Users Sue The App for Alleged Data Breach

A class action lawsuit has been filed against Grindr, a popular dating app for the LGBTQ+ community, by a group of UK users who claim that their private information, including…

Gatlin April 24, 2024

Parloa Secures $66M in Funding To Build cutting-edge conversational AI

Parloa, a cutting-edge conversational AI platform, has raised $66 million in a Series B funding round, marking a significant milestone in its mission to transform customer service. The German startup…

Gatlin April 24, 2024

DOJ Recommends 3-Year Prison Sentence for Binance Founder Changpeng Zhao

The United States Department of Justice (DOJ) has recommended a 36-month prison sentence for Changpeng "CZ" Zhao, the founder and former CEO of Binance, the world's largest cryptocurrency exchange. This…

Gatlin April 24, 2024

Acquisition: Nvidia Acquires Run:ai for $700 Million

In a strategic move to enhance its artificial intelligence (AI) infrastructure offerings, Nvidia has announced its acquisition of Run:ai, a leading AI infrastructure orchestration and management platform. The deal, valued…

Gatlin April 24, 2024

Tines Secures $50M in Funding, Eyes Expansion Beyond Cybersecurity

Tines, a Dublin-based workflow automation company with a focus on security, has announced an additional $50 million in funding. This latest investment round brings their total capital raised to $146.2…

Gatlin April 24, 2024

OpenAI Unveils New Enterprise AI Features, Undaunted by Meta’s Llama 3 Rise

In a move to solidify its position in the large language model (LLM) market, OpenAI has introduced a slew of new enterprise-grade features for its API customers. This expansion comes…

Gatlin April 24, 2024