Bitcoin price rises as Israel-Iran ceasefire begins, and Senate unveils major crypto bill

Bitcoin rose in trading on Tuesday after Israel and Iran ceasefire, as senators introduced a major crypto bill, and bitcoin treasuries’ boom continues.

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India’s GoKwik raised a small $13M round for a hefty leap in valuation

GoKwik, an Indian startup that offers a suite of integrated e-commerce products, has raised a small round of $13 million, which it calls a “growth” round, that has boosted its valuation to $450 million pre-money. While the new funding round, led by RTP Global, is 63% smaller than its Series B of $35 million, announced […]

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New data highlights the race to build more empathetic language models

Measuring AI progress has usually meant testing scientific knowledge or logical reasoning – but while the major benchmarks still focus on left-brain logic skills, there’s been a quiet push within AI companies to make models more emotionally intelligent. As foundation models compete on soft measures like user preference and “feeling the AGI,” having a good […]

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Facebook Group admins complain of mass bans; Meta says it’s fixing the problem

After a wave of mass bans affecting Instagram and Facebook users alike, Meta users are now complaining that Facebook Groups are also being impacted by mass suspensions. According to individual complaints and organized efforts on sites like Reddit to share information, the bans have affected thousands of groups both in the U.S. and abroad and […]

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In just 4 months, AI medical scribe Abridge doubles valuation to $5.3B

Abridge nabbed $300 million Series E led by a16z, months after it closed its previous $250M fundraise.

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iPhone customers upset by Apple Wallet ad pushing F1 movie

However well-received the film may be, iPhone users don’t necessarily want their built-in utilities, like their digital wallet, marketing to them.

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ElevenLabs releases a standalone voice generation app

Voice AI company ElevenLabs just released a standalone mobile app for iOS and Android users to generate voice clips from text. Until now, if you had to generate samples using ElevenLabs’ AI-powered voice libraries, you had to rely on its web app. Now, you can use its mobile app to generate clips on the go. […]

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Anthropic Scores a Landmark AI Copyright Win—but Will Face Trial Over Piracy Claims

While the startup has won its “fair use” argument, it potentially faces billions of dollars in damages for allegedly pirating over 7 million books to build a digital library.

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Ambarella shares soar 17% on report chip designer is exploring sale

The California-based company is known for its system-on-chip semiconductors and software used for edge artificial intelligence.

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Nvidia CEO Huang sells $15 million worth of stock, first sale of $873 million plan

The sales are the first stop in Huang’s plan adopted in March to sell as many as 600,000 shares of the AI company through the end of the year.

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