AI
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Anthropic $3.5 billion Capital Revenue: Understanding the AI business Strategy
In fierce competition for dominance in AI, funding is not just capital; it is power. Anthropic on March 3, landed $3.5 billion from Series E, now at a staggering valuation of $61.5 billion. That is not just a financial landmark; it is also a clear demonstration of intent. With rivals like OpenAI and DeepMind at…
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Alibaba Unveils AI Model That Reads Emotions to Rival OpenAI
Chinese tech giant Alibaba (BABA) has rolled out a new artificial intelligence model called R1 Omni, designed to recognize emotions and provide detailed descriptions of people’s clothing and surroundings in videos. This model, developed by Alibaba’s Tongyi Lab, enhances computer vision by adding a higher level of insight into visual content. R1 Omnis, is an…
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Qualcomm CEO Claims New Modem Outperforms Apple’s First In-House Chip
Qualcomm CEO Cristiano Amon has drawn a bold line between the company’s latest modem and Apple’s first attempt at building its own. In an interview on Tuesday, Amon said Qualcomm’s new X85 modem creates a “huge delta” in performance compared to Apple’s C1, which was quietly introduced with the iPhone 16e last month. Qualcomm, a…
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How Large Language Models (LLMs) are changing web3 customer experience and community engagement
Large Language Models (LLMs) are transforming how Web3 companies communicate with the customers as well as manage community relationships, offering incredible levels of automation, personalization as well as efficiency. For instance the team running the Avalanche blockchain known as Ava Labs utilizes AI-enabled chatbots which provides real-time support as well as seamless onboarding for new…
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Relm & Liva to provide insurance for AI and Web3 firms
Liva Group, a leading insurance provider in the GCC announced a new strategic partnership with Relm Insurance, the sole insurer dedicated to emerging industries, to provide tailored insurance policies to businesses which operate within high growth industries for digital assets, artificial intelligence (AI) and biotech. The partnership aims to address a significant gap existing within…
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Fetch.ai Unveils ASI-1 Mini, a Web3-Native AI for Automation
Fetch.ai has introduced ASI-1 Mini, a web3-native large language model (LLM) designed to support autonomous agent workflows. The launch of ASI-1 Mini marks a key milestone in the development of the distributed decentralized AI as ASI-1 Mini is the first AI model to have been introduced in the Artificial Superintelligence (ASI) Alliance, which includes Fetch.ai,…
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Why User Effort Matters in AI Product Design: Secret to Increased Engagement
Imagine an AI-powered assistant that will do everything for you, allowing no effort to be required of you. This sounds perfect, right? However, studies and opinion tweets show that when AI have zero human input, users often lose interest. The paradox of artificial intelligence (AI) product design is this: reducing the level of friction is…
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Alibaba Commits $52 Billion to AI Development in Pursuit of AGI
Alibaba has recently announced a major investment plan to increase its initiatives in artificial intelligence (AI) over the next three years. The project is expected to cost at least 380 billion Chinese yuan ($52.44 billion), marking a business move, one of the largest AI investments into a Chinese technology company to date. During an earnings…
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Rejuve.AI to Airdrop 50 Million RJV Tokens on March 3
Rejuve.AI has revealed a major airdrop of 50 million RJV tokens, set to begin on 3rd March 2025, as part of SingularityNET’s Phase II program, actively to reward AGIX token holders for their participation in the ecosystem before the relevant snapshot date. To qualify for an airdrop, participants must have held SingularityNET’s AGIX tokens before…
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Microsoft vs. Google: The AI Battle Heats Up with GPT-5
Microsoft is aiming to dominate the AI battlefield, which, among other things, will see it implement OpenAI’s upcoming models, including GPT-4.5 and GPT-5, into its ecosystem. As AI competition rises among the major tech companies, Microsoft is seeking to act as a leader in the general race, which attracts a lot of attention when Google…