Business

OpenAI has introduced a new artificial intelligence model, described as more capable of “reasoning” and solving complex problems in areas such as science, coding, and math compared to its previous versions. This new model, named OpenAI o1, was released on Thursday as a preview, with the company planning regular updates. It will soon be available to most ChatGPT users. In …

On Friday, September 13, Brazil lifted bans on Elon Musk’s X (formerly Twitter) and Starlink after the companies paid a total of 18.35 million reais ($3.31 million) in fines to Brazilian authorities. The decision to lift the restrictions was made by Supreme Court Justice Alexandre de Moraes, who had imposed the blockages amid a dispute between Musk and the Brazilian …

OpenAI is reportedly in discussions to raise $6.5 billion in funding at a valuation of $150 billion, according to Bloomberg. This new valuation significantly surpasses the company’s earlier valuation of $86 billion from a tender offer earlier in the year, solidifying OpenAI’s position as one of the most valuable startups globally. In addition to the equity raise, the company is …

Chinese smartphone giant Huawei has launched the world’s first triple-fold smartphone, the Mate XT, on Tuesday. This innovative device, which folds in three ways similar to an accordion, was unveiled just hours after Apple introduced its iPhone 16 series. Both phones are set to be available from September 20, as per a report by China Global Television Network (CGTN). Huawei’s …

The Biden administration plans to introduce export controls on essential technologies, including quantum computing and semiconductor products, aiming to coordinate with key allies to curb technological advancements in China and other rival nations. The forthcoming rules would limit the export of quantum computers, critical chip-manufacturing equipment, advanced semiconductor technology known as gate-all-around, and related components and software made from metals …

Elon Musk has intensified his online criticisms of a Brazilian Supreme Court judge, Alexandre de Moraes, who has threatened to suspend Musk’s social media platform, X, in Brazil. Musk labeled de Moraes as “an evil dictator” in an ongoing dispute between them. Justice de Moraes had warned that he would suspend X if Musk did not appoint a new legal …

Telegram founder Pavel Durov is under formal investigation and has been barred from leaving France, according to a statement released Wednesday night by a French prosecutor. The Russian-born billionaire is being investigated for several alleged offenses linked to criminal activities on Telegram. These include complicity in illegal gang transactions, “laundering of crimes in an organized gang,” and refusal to provide …

Thinkers and tech experts have collaborated to introduce a new phone designed to combat smartphone addiction—a vibrant pink Barbie-themed phone. Recently launched in the UK and Europe, this Barbie-branded device aims to help young people reduce their dependence on smartphones. The phone, produced by HMD, is intentionally made to be a simple device, featuring no front camera, just one game, …