Archive for August 2023
How has the tech industry been grown over the years?
The tech industry has undergone a remarkable transformation over the years, evolving from niche innovations to becoming an integral part of our daily lives. From computers and smartphones to artificial intelligence and the Internet of Things, technology has revolutionized the way we live, work, and connect. In this blog post, we will explore the growth…
Read MoreWhat is Defi? Know about Defi
In the digital age, the world of finance is witnessing a radical transformation with the rise of DeFi (Decentralized Finance). DeFi is a groundbreaking concept that leverages blockchain technology to recreate traditional financial services in a decentralized and trustless manner. By eliminating intermediaries and fostering transparency, DeFi is reshaping the way we think about financial…
Read MoreWhat is Blockchain? Explained
In the digital age, where data security and trust are paramount, blockchain has emerged as a transformative technology with the potential to revolutionize various industries. Blockchain is more than just the technology behind cryptocurrencies; it is a decentralized, transparent, and tamper-proof system that offers unparalleled security and immutability. In this blog, we unravel the concept…
Read MoreS.Korean experts seek to verify room-temperature superconductor claim
A committee of South Korean experts has been established to verify claims surrounding the discovery of a room temperature superconductor, which has generated both investor excitement and scientific skepticism. The Korean Society of Superconductivity and Cryogenics has requested Quantum Energy Research Centre to submit samples for verification of its researchers’ findings on a room-temperature superconductor…
Read MorePhase Transitions in Quantum Materials Examined by Researchers
Researchers from the University of Bonn and ETH Zurich have achieved a significant breakthrough in the field of quantum physics by directly proving the existence of phase transitions in fermionic materials. Phase transitions, where substances undergo a change in their properties, can occur either abruptly or gradually. For instance, water freezing into ice is an…
Read MoreMicrosoft says Russia-linked hackers behind dozens of Teams phishing attacks
On August 2, Microsoft researchers reported that a Russian government-linked hacking group has been conducting a highly targeted social engineering attack aimed at stealing login credentials from global organizations. The campaign involves engaging users in Microsoft Teams chats, pretending to be technical support. Since late May, fewer than 40 unique global organizations have been affected…
Read MoreCoreWeave raises $2.3 billion in debt collateralized by Nvidia chips
On August 3rd, CoreWeave, a specialized cloud provider, successfully raised $2.3 billion through a debt facility led by Magnetar Capital and Blackstone. The debt was collateralized by Nvidia chips, particularly the sought-after Nvidia H100 chip used in AI computing. This unconventional use of AI hardware as collateral underscores its value in the capital-intensive AI industry.…
Read MoreAI chip firm Tenstorrent raises $100 mln from Hyundai, Samsung
Canadian startup Tenstorrent, led by chip industry veteran Jim Keller, announced that it has raised $100 million in funding from investors, including Hyundai Motor Group and a Samsung investment fund. The company, which is developing artificial intelligence (AI) chips, had previously raised $234.5 million and was valued at $1 billion. Tenstorrent aims to challenge Nvidia,…
Read MoreBest innovative tech business ideas to explore
In today’s rapidly evolving tech landscape, there are endless opportunities for entrepreneurs and aspiring business owners to tap into innovative ideas and disrupt industries. From artificial intelligence to blockchain, emerging technologies offer exciting possibilities. In this blog post, we will explore some of the best tech business ideas to consider. These ideas not only align…
Read MoreLearn about the Internet of Things (IoT)
In the era of digital transformation, the Internet of Things (IoT) has emerged as a groundbreaking technology that connects and empowers everyday objects in our lives. From smart homes to industrial automation, the IoT is revolutionizing the way we live and work. In this blog post, we will delve into the world of IoT, exploring…
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