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SEC Approves Ethereum ETFs
The U.S. Securities and Exchange Commission has approved several spot Ether exchange-traded funds in a landmark decision, just months after greenlighting the first spot Bitcoin ETFs. The move signals a potential shift in the SEC’s stance on crypto and paves the way for more mainstream investment in Ethereum. Read more
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China’s Chat Xi PT
China has recently introduced a new AI chatbot named ‘Chat Xi PT,’ which is based on the political philosophy of President Xi Jinping. This large language model (LLM) is designed to align with the government’s perspective and ensure compliance with socialist values. Read more
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The focus is on Nvidia’s earnings report
Last week, investors breathed a sigh of relief when the U.S. government reported that April’s inflation was not as bad as feared. However, with stocks reaching record highs, there is likely some anxiety among investors as they await what is considered the most crucial earnings report of the first quarter—Nvidia’s. Read more
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Microsoft reveals AI-powered PCs
Microsoft has officially unveiled a new category of AI-powered PCs branded as “Copilot+PC.” These devices were introduced at a media event held at Microsoft’s corporate headquarters, marking a significant step in the integration of artificial intelligence into personal computing. Read more
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Neuralink to implant second brain chip
Neuralink, Elon Musk’s brain-computer interface (BCI) company, has received FDA approval to implant its brain chip in a second human participant. This follows the initial trial where the first patient, Noland Arbaugh, experienced complications with the device. Read more
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OpenAI’s lifetime non-disparagement policy
OpenAI has recently come under scrutiny for its lifetime non-disparagement policy included in its exit agreements for departing employees. This policy has sparked significant controversy and debate within the tech community and beyond. Read more
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Twitter fully moved to X.com
Twitter has officially transitioned to X.com, completing its rebranding process initiated by Elon Musk. This change marks the final step in Musk’s efforts to transform the social media platform formerly known as Twitter into “X”. Read more
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OpenAI superalignment team disbanded
The dissolution of the Superalignment team follows the high-profile departures of its leaders, Ilya Sutskever, co-founder and chief scientist, and Jan Leike, another key figure in the team. Read more
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Dow Jones surpassed 40,000 for the first time
The Dow Jones Industrial Average (DJIA) surpassed the 40,000 mark for the first time in history. Read more
