Bitcoin, the top cryptocurrency, has dropped back below $93, 000. This downturn comes after a brief rally following Donald Trump's re-election. The price peaked at $98, 000 last week but suffered a setback, declining by over 6% in the last 24 hours. This reversal has put a temporary halt on hopes of Bitcoin hitting the $100, 000 mark soon. When Bitcoin takes a hit, ...
Looking to stay ahead in the AI game, Amazon has just poured an extra $4 billion into Anthropic, making it a total of $8 billion. This move marks Amazon as a key player in the AI race. With this investment, Amazon is not just a financial backer but also Anthropic’s main cloud partner. This ensures Anthropic uses Amazon's special chips, Trainium and Inferentia, for al...
Singapore's digital economy is thriving, with a whopping 17. 7% share of the country's GDP. Small and midsize businesses (SMBs) and artificial intelligence (AI) are the powerhouses driving this growth. Last year, the digital economy contributed SG$113 billion ($85. 31 billion) to Singapore's GDP, which is about SG$1 out of every SG$6. This growth is impressive, as it...
As the world becomes increasingly reliant on artificial intelligence, the debate around generative AI (Gen AI) continues to rage on. On one hand, organizations are eager to jump on the Gen AI bandwagon, driven by the promise of innovation, competitive advantage, and revenue growth. On the other hand, the risks associated with Gen AI are undeniable, from data quality ...
OpenAI, the company behind ChatGPT, has reached one million paying business users across its ChatGPT Enterprise, Team, and Edu offerings, up from 600,000 in April. This growth is impressive but raises questions about sustainability and implications for businesses and society. While the free version of ChatGPT has 200 million users, it's unclear if paid features are ...