cryptocurrency

After SVB's Collapse, Tech Leaders Apply to Launch New Digital Lender for AI and Crypto

A group of tech billionaires such as Anduril's Palmer Luckey and Founders Fund's Peter Thiel, have extended their support behind a new digital bank called Erebor. Tapping the opportunity left by Silicon Valley Bank, Erebor pursues AI, crypto, defense, and startup space. The Columbus-based bank's digital-only approach, including a stablecoin component, is targeted at positioning itself as a regulated leader in tech-focused finance.
26 days ago
By Anshul Panda
Mark Zukerberg announces MSL

Mark Zuckerberg Announces Meta Superintelligence Labs with Star-studded Team

Meta has announced Meta Superintelligence Labs (MSL) which is yet another bold step towards actualizing artificial general intelligence (AGI). Led by Scale AI's Alexandr Wang and GitHub's Nat Friedman. Other recruits include OpenAI, Google, and Anthropic's top AI talent. Backed by heavy investment and aggressive hiring, Meta wants to charge the front lines of the next wave of AI breakthroughs, even as the industry gets more crowded.
26 days ago
By Anshul Panda
deepseek app

German Watchdog Challenges DeepSeek App Presence in App Stores, Urges Apple, Google to Take Action

Germany's data regulator has sounded an alarm over DeepSeek, a Chinese AI app hosted on Apple and Google platforms, on the grounds of user activity and privacy. The regulator says the app risks the data of European users falling into the hands of Chinese authorities with no recourse to the law. Apple and Google have now been requested to intervene through the EU's Digital Services Act to take down or regulate the app.
Jun 28, 2025
By Anshul Panda
Google launches Gemma 3n

Google's Launches Gemma 3n to Deliver Smarter, Offline AI to Mobile Devices and Laptops

Google has announced Gemma 3n, a small AI model that can be used on a device, directly on the smartphones, tablets, or computers and doesn't require an internet connection. It supports text, image, audio, and video, and extends men's powerful Al capabilities to everyday devices. A developer-transparent open-weight model, Gemma 3n, ensures that developers can inspect and fine-tune the system and move towards privacy-prioritized on-device AI
Jun 28, 2025
By Anshul Panda
Facebook Meta

Meta Partners with Invenergy, Secures 791 MW of Clean Energy to Power AI-Driven Data Centers

Meta announces major clean energy purchase with Invenergy — 791 megawatts of solar and wind power, which will help power its next-generation AI-powered data centers as demand for Meta's services continues to grow. The deal covers new projects across Ohio, Texas and Arkansas and grows Meta's overall partnership with Invenergy to 1,800 MW, underscoring the tech giant's commitment to sustainable digital infrastructure investment.
Jun 27, 2025
By Anshul Panda