Kyt Dotson
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Meta builds AI-powered speech translation for Hokkien to understand unwritten languages
Most artificial intelligence translation to date has been focused on written languages because that is the easiest way to train machine learning systems to understand and translate them. However, more than 40% of the world’s 7,000 living languages have no standard writing system. Meta Platform Inc.’s artificial intelligence research team at Meta AI said today ...
Jack Dorsey’s Bluesky announces beta waitlist for decentralized social network
Bluesky, a decentralized social network project started by former Twitter Chief Executive Jack Dorsey, revealed in an announcement on Tuesday that it’s getting closer to launching its app. The app, to be named Bluesky Social, will be a social networking platform developed using decentralized technologies that create what the team calls a “federated social network,” ...
Apple rolls out redesigned iPad and new iPad Pro
Apple Inc. today announced a new lineup of iPads, including a redesigned 10th-generation model featuring the A14 Bionic chip and new versions of the iPad Pro powered by the M2 chip, alongside a new Apple TV 4K with increased storage. The new iPad and iPad Pro support iPadOS 16 under the hood that’s supposed to ...
Meta will finally sell Giphy after UK antitrust watchdog ruling
Facebook’s parent company, Meta Platforms Inc., has agreed to sell Giphy Inc., an animated GIF image search and sharing platform, after it was again ordered to do so by the U.K. Competition and Markets Authority. Meta, then known as Facebook, initially purchased Giphy in 2020 for $315 million to boost its social media platform’s appeal ...
ChainSafe raises $18.8M to support Web3 developers and blockchain infrastructure
Blockchain infrastructure and implementation technology firm ChainSafe Systems Inc. said today it has raised $18.75 million in early-stage funding to expand its developer products. The Series A funding round, led by digital asset-focused venture capital fund Round13, also included participation from new investors NGC Ventures, HashKey Capital, Sfermion, Jsquare and returning investors ConsenSys, Digital Finance ...
Mastercard launches crypto trading for banks powered by Paxos
Credit card and finance company Mastercard Inc. accelerating its foray into the cryptocurrency industry with Crypto Secure, a program that will make it easier for banks and other financial institutions to offer cryptocurrency trading. The Crypto Source program is designed to allow Mastercard’s users to buy, hold and sell cryptocurrencies through participating banks by expanding ...
Binance launches $500M lending pool to support bitcoin miners during market downturn
Binance, the world’s largest cryptocurrency exchange by volume, today announced the launch of a $500 million lending pool for bitcoin miners to assist companies during an industry downturn led by rising energy costs and low bitcoin prices. The lending project was launched by Binance Pool, the company’s dedicated service platform for miners as part of ...
Crypto startup Pillow raises $18M to make investments easier
Singapore-based crypto investments startup Pillow said today that it has raised $18 million in a Series A funding round to make it easier for people to enter into the confusing cryptocurrency financial market. Founded in 2021, by Arindam Roy, Rajath KM and Kartik Mishra, the platform allows users to save, spend and invest using U.S.-backed ...
Decentralized crypto exchange Uniswap Labs raises $165M on $1.66B valuation
Uniswap Labs, a decentralized cryptocurrency exchange, today raised $165 million in new funding led by crypto-focused venture capital investment firm Polychain Capital at a $1.66 billion valuation to expand its crypto apps and developer tools. Hayden Adams, chief executive of Uniswap Labs and inventor of the Uniswap Protocol, said the new funding will go toward ...
Blockchain development platform Tatum nabs $41.5M to untangle Web3
Blockchain development platform Tatum said today that it has raised $41.5 million in funding to assist developers in bringing their Web3 decentralized apps to market faster by simplifying the development process. Evolution Equity Partners led the funding round with participation from Octopus Venture, 3VC, Tensor Ventures, Depo Ventures, Leadblock Fund and the founders of the ...