Kyt Dotson
Latest from Kyt Dotson
Getty Images launches generative AI-powered image creation tool
Getty Images Holdings Inc., an American visual content marketplace for video and images, today announced at the CES 2024 consumer electronics show the release of Generative AI by iStock, a tool that will allow creators to safely create commercially safe content based on licensed images. The new tool uses generative artificial intelligence, which can take ...
Etherscan acquires Solscan to expand its blockchain data services
Ethereum blockchain data services company Etherscan announced Wednesday that it has acquired Solscan, a block explorer for the Solana blockchain, in a bid to expand its capabilities across multiple blockchains. Built and launched in 2015, Etherscan is a block explorer for the Ethereum blockchain, which means it provides access to blockchain data and allows users to search, ...
Generative AI search engine Perplexity AI raises $74M at $520M valuation
Generative artificial intelligence search engine startup Perplexity AI said today that it has raised $73.6 million in new funding that places the company at a valuation of $520 million. The company’s Series B funding round, led by Institutional Venture Partners LLC, was also joined by existing investors from its previous Series A and seed rounds, including NEA, ...
Qualcomm unveils next-gen Snapdragon XR2+ chip to support extended reality platforms
Qualcomm Technologies Inc. today unveiled a new chip with the Snapdragon XR2+ Gen 2 platform that will power high-resolution 3D graphics in next-generation immersive virtual reality and mixed reality headsets. The new chip builds on the same technology as the Snapdragon XR2 Gen 2 platform, which was announced in September and is built into the Meta Platforms ...
Intel forms independent enterprise generative AI software firm Articul8 AI
Intel Corp. today announced the formation of an independent company named Articul8 AI that will offer enterprise customers generative artificial intelligence software capabilities with backing from digital infrastructure investment firm DigitalBridge Group Inc. Articul8 AI, pronounced “Articulate AI,” will provide full-stack generative AI platform support, Intel said, that will keep customer data, training and inference securely within enterprise cloud, ...
SonicWall acquires Banyan Security to expand its cloud security portfolio
SonicWall Inc., the network security provider that spun out of Dell Technologies Inc. in 2016, today announced the acquisition of Banyan Security Inc., a provider of edge service security solutions for workforces, to expand its cloud services portfolio. As more workforces and organizations have shifted to cloud computing, the cybersecurity landscape has become fraught with ...
Bitcoin exceeds $45,000 as rally anticipates ETF approvals
The price of bitcoin exceeded $45,000 this morning for the first time since April 2022 as the world’s largest cryptocurrency by market capitalization started the new year with a strong start. The rally is thought to have been triggered by the anticipated approval of exchange-traded spot bitcoin funds. In early morning trading, bitcoin markets reached ...
Judge rules that Terraform Labs Luna and Mir crypto tokens are securities
A federal judge sided with the U.S. Securities and Exchange Commission in a fraud case against failed blockchain company Terraform Labs Pte. Ltd. and its Chief Executive Do Kwon, ruling that two crypto assets offered by the company – Luna and Mir – are unregistered securities. U.S. District Judge Jed Rakoff ruled in favor of ...
Blockchain-based Levana Protocol exploited for $1 million+ in crypto hack
The blockchain-based perpetual futures swap protocol Levana announced Wednesday that it suffered an exploit that resulted in the loss of about $1.1 million worth of cryptocurrency tokens from its liquidity pools. According to the administrators, who posted on X, formerly Twitter, the incident was a significant setback for the protocol, draining about 10% of the reserves. It ...
New York Times sues Microsoft, OpenAI over AI training copyright infringement
The New York Times sued Microsoft Corp. and ChatGPT developer OpenAI today alleging that the two companies allegedly copied and used “millions” of its articles to train their artificial intelligence models without permission. The Times filed a lawsuit today in a New York federal court alleging that the two companies committed wide-scale copyright infringement. The complaint pointed ...