Solana and Dogecoin are experiencing a short-term correction, but Lunex Network is gaining momentum with its noncustodial DeFi exchange. The platform has already raised over $3.1 million in presale and is attracting significant whale investments. Analysts predict that Lunex Network could deliver 1800% gains to early investors before the end of its presale. Forecast for…
Former billionaire investor Sung Kook “Bill” Hwang has been sentenced to 18 years in prison for his role in the collapse of Archegos Capital Management, which led to losses of over $10 billion for Wall Street banks. Hwang was convicted of 10 criminal charges, including wire and securities fraud, and market manipulation. The collapse of…
ChatGPT, OpenAI’s text-generating AI chatbot, has taken the world by storm since its launch in November 2022. The chatbot has become an essential tool for businesses, with over 92% of Fortune 500 companies using it. However, OpenAI is facing internal drama, including the exit of co-founder and chief scientist Ilya Sutskever, and a lawsuit from…
The altcoin market is experiencing a surge in growth due to positive sentiment, with several tokens poised for rapid growth and investment appeal. Rexas Finance, Solana, Avalanche, Ethereum, Chainlink, SUI, Cardano, Dogecoin, and XRP are among the top tokens to watch. These tokens are expected to benefit from the growing demand for decentralized finance (DeFi)…
Anthropic, a leading AI startup, has secured an additional $4 billion from Amazon, solidifying their partnership and cementing Amazon’s position as a minority investor. The deal requires Anthropic to train its flagship generative AI models primarily on Amazon Web Services (AWS), Amazon’s cloud computing division. This strategic move is expected to accelerate the development of…
In a surprising turn of events, OpenAI has accidentally deleted data potentially relevant to a copyright lawsuit filed by The New York Times and Daily News. The lawsuit alleges that OpenAI scraped their works to train its AI models without permission. OpenAI engineers erased the data, but were able to recover most of it, albeit…
The cryptocurrency market is expected to experience significant growth in November 2024, with several digital assets showing great potential for investment. Rexas Finance, Ethereum, Solana, Pepe Coin, Toncoin, Ripple, Polkadot, and Avalanche are among the top 8 cryptocurrencies that have stood out this month, offering a mix of stability, innovation, and large returns. Forecast for…
Spirit Airlines, a major US airline, has filed for Chapter 11 bankruptcy protection due to years of losses, failed merger attempts, and heavy debt levels. The airline has struggled with intense competition among US carriers for price-sensitive leisure travelers and an oversupply of airline seats in the domestic market. Despite this, Spirit expects to continue…
The world is bracing for the consequences of climate change, with extreme storms and rising temperatures wreaking havoc across the globe. The re-election of Donald Trump as US president has cast a shadow over the COP29 climate summit, where representatives from nearly 200 countries are gathering to discuss financial aid for low- and middle-income countries…
Researchers warn that generative AI models, trained on their own synthetic content, may collapse and produce nonsensical responses. This could exacerbate bias and lead to a loss of nuance in AI-generated text. Experts suggest that using a combination of human-generated and AI-generated data for training can help prevent this collapse. Forecast for 6 months: In…
