Stability AI CEO Says, AI is a Great Investment Opportunity, but it will be the biggest bubble of all time

The CEO of open-source AI Company, Stability AI, is of the opinion that artificial intelligence will be the biggest bubble of all time. Stability AI CEO Emad Mostaque expressed, “I think this will be the biggest bubble of all time. AI is still in the very early stages and not ready for mass-scale adoption in industries…

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Twitter’s Traffic Declines as Meta’s Threads Surpasses 100 Million Users in Just 5 Days

User traffic on Twitter has declined since the release of Meta’s text-based app Threads, which has already crossed 100 million sign-ups since its launch last week. Threads app is being touted by executives of Meta as a more positive public square for groups of people who have never really embraced Twitter in its entirety. Meta CEO Mark…

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Alibaba Releases AI Tool to Create Images from Input Prompts

Chinese technology firm Alibaba launched an artificial intelligence tool, Tongyi Wanxiang. This tool can generate images from input prompts. Tongyi Wanxiang allows users to enter prompts in Chinese and English language and the AI tool will create an image in different styles like a sketch or 3D cartoon. Alibaba’s cloud division launched the product and said…

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China Restricts Exports of Metals Critical to Manufacture Electronics and Semiconductors

China is curbing exports of two critical metals that are essential to manufacture electronics and semiconductors, as China’s technology battle with the Europe and USA heats up. These critical metals are germanium and gallium. China and the USA have been locked in a tech trade war since 2019. The USA has used trade blacklists and sweeping export curbs to…

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