Business Innovation
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Decentralized Search Engines: Can They Truly Compete with Google?
It is no secret that Google has dominated the search engine market for over two decades. With Google handling over 90% of global search market share, the term “search” has become synonymous with its name. Nevertheless, emerging issues regarding privacy, data control, censorship, and monopolization have captured attention toward decentralized search engines which aim to…
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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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Meta Launches Community Notes with X’s Open-Source Tech
Meta is launching a new crowdsourced content moderation tool called Community Notes to replace fact checking by third parting in the U.S. This tool will provide additional context on content while using an open-source algorithm from Elon Musk’s X (formerly Twitter). The company revealed in a blog post that while the new feature uses X’s…
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MoonPay Acquires Iron to Expand Stablecoin Payment Solutions
MoonPay is making big moves to stand out further in the enterprise market by acquiring Iron, a startup that specializes in stablecoin infrastructure. This acquisition is MoonPays second major purchase in two months and significantly boosts their capacity to provide businesses with fast payments at low cost and borderless stablecoin transactions By using Iron’s API-driven…
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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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Crypto Gateway 2025: Top 5 Crypto Business Solutions for Financial Inclusion
Imagine running a world business where fees also vanish and transactions are instant. There are no holdups and no middle men involved, just easy transactions powered by blockchain. This is not a distant future, it has already come upon us. As we approach 2025, solutions using cryptocurrency are already revolutionizing industry by offering swift payments…
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Utah Passes Blockchain Bill but Scraps Bitcoin Reserve Plan
Utah lawmakers have passed a bill aimed at providing regulatory clarity for blockchain technology, but a key provision that would have allowed the state to invest public funds in Bitcoin didn’t make the cut. Late Friday, the Utah Senate approved H.B. 230 – Blockchain and Digital Innovation Amendments in a 19-7 vote after amending the…
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Microsoft Invests Nearly $300M to Boost AI in South Africa
Microsoft is doubling down on artificial intelligence (AI) in South Africa, committing an additional 5.4 billion rand ($296.81 million) to expand AI infrastructure. Microsoft Vice Chair and President Brad Smith outlined on Thursday, the company’s vision to strengthen AI capabilities and digital skills in the region. As part of the investment, Microsoft will pay for…
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Transak Expands to Australia After Approval
Transak, a global fiat on/off-ramp service, has expanded its operation into Australia after receiving its Digital Currency Exchange (DCE) registration from the Australian Transaction Reports and Analysis Centre (AUSTRAC). This is a big step in Transak’s ongoing international expansion allowing operation within the country’s regulatory framework. Regulatory Approval Opens Doors for Australian Market With the…
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Avalanche’s Crypto Card: A Game Changer for Underbanked Regions
Cryptocurrency has always been seen as an equalizer in the crypto space. It is seen as an alternative to the traditional banking finance system, offering freedom and easy accessibility to anyone with access to the internet. However, despite crypto growth over the years, crypto payment still faces a significant challenge. Some of these challenges include…