Jeffrey Preston Bezos is an American billionaire, businessman, and investor with a net worth of about $160 billion USD as of September 2023. Jeff is the founder of Amazon, the largest e-commerce company in the world. Kuiper Systems LLC, also referred to as Project Kuiper, was founded in 2019 as a subsidiary of Amazon, with…
Epic Games to Layoff 16%
Epic Games Inc, formerly referred to as Potomac Computer Systems, is a software and video game development company founded in 1991, with its headquarters in North Carolina, USA. The company develops software frameworks like game engine, that are primarily designed for the production of video games including the popular ‘Fortnite’, that was released in 2017…
EU to Ban Live Facial Recognition Tech
British lawmakers have had enough of the dystopian sci-fi reality we’re living in. In an effort to protect its citizens, over 60 lawmakers are calling for a pause in the use of facial recognition technology on the country’s streets. The ban would apply to public and private organizations in the region, including law enforcement agencies….
Indonesia Launches First Bullet Train
Indonesia has launched its first high-speed train, connecting Jakarta and Bandung, a city about 150 kilometers away. The train, known as the Jakarta-Bandung High-Speed train, travels at a top speed of 350 kilometers per hour, making the journey between the two cities less than one hour long. This is a significant improvement over the previous…
India: First 3D Printed Post Office
The Indian Government has opened the country’s first 3D-printed post office built in the city of Bengaluru. The post office, which is made entirely out of 3D-printed concrete, is a first-of-its-kind project that uses cutting-edge technology to provide a modern and efficient service to the public. The post office is designed to be a one-stop-shop…
Lucid: New EV Plant in Saudi Arabia
Lucid Group or Lucid Motors, also known as Lucid, is an electric vehicle automotive company that specializes in manufacturing luxury sports cars and performance vehicles. Lucid vehicles are primarily built in Arizona with the company’s headquarters located in California, USA. The EV company was founded in 2007. According to recent reports, Lucid has opened its…
Stanbic IBTC Unveils Zest Fintech Subsidiary
Stanbic IBTC Holdings, also known as Stanbic IBTC, is a financial services company headquartered in Lagos, Nigeria. The company specializes in services like Banking, Pension Management, Life Insurance Management, Asset Management, Stock Brokerage, and Investment Advisory etc. Founded in 1989, Stanbic IBTC is a member of Standard Bank Group Limited, a financial services group with…
Mixin: $200 Million Hack
Mixin Network, also referred to as Mixin, is a decentralized network provider that specializes in managing and transferring digital assets like bitcoin, etc. Founded in 2017, Mixin Limited is the parent company that provides messaging and cryptocurrency transfer services to users globally. According to a recent post by the company, the cloud service provider that…
Spotify: New Podcast Translation Feature
In a pilot experiment, Spotify has announced a voice translation feature for podcasts hosted on the proprietary audio streaming platform. This new feature will translate podcasts into various languages using the publishers voice, leveraging OpenAI’s voice generation artificial intelligence (AI) technology. According to the initial report, podcast episodes recorded in English can now be available…
Amazon: $4 Billion Anthropic AI Partnership
Anthropic is an artificial intelligence company that specializes in the development of artificial general intelligence (AGI) systems and neural networks like large language models (LLM). The public-benefit corporation was founded in 2023 and is headquartered in California, USA. Its founders were reportedly former senior executives at OpenAI, the company that owns ChatGPT. According to recent…