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NVIDIA Acquires GPU Orchestration Software Provider Run:ai for $700 Million
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NVIDIA Acquires GPU Orchestration Software Provider Run:ai for $700 Million

NVIDIA, a leading technology company, has announced its acquisition of Run:ai, an Israeli startup that specializes in GPU orchestration software. The acquisition aims to enhance NVIDIA's capabilities in managing and optimizing AI computing resources across various environments. The terms of the deal, including the acquisition cost, have not been publicly disclosed.

US Business Giants Bet Big on Generative AI Despite Data Security Concerns
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US Business Giants Bet Big on Generative AI Despite Data Security Concerns

Nearly all US companies with revenues over $1B are set to invest in generative AI, eyeing major ROI while weighing risks like data security and workforce readiness.

Bithumb to Terminate Trading Support for Orbit Chain (ORC)
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Bithumb to Terminate Trading Support for Orbit Chain (ORC)

Bithumb, following the decision of the Digital Asset Exchange Joint Consultative Body (DAXA), will terminate trading support for Orbit Chain (ORC) to protect investors. The schedule for trading and withdrawal has been announced.

FCC Targets AI-Generated Voice Scams Under New Proposal
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FCC Targets AI-Generated Voice Scams Under New Proposal

FCC Chairwoman Jessica Rosenworcel proposes making AI-generated robocalls illegal under the TCPA, aiming to combat fraud and misinformation. The initiative follows incidents like misleading robocalls in New Hampshire, with broader measures to protect consumers and enhance enforcement tools for law enforcement.

Germany's Largest Bitcoin Seizure: 50,000 BTC Confiscated in Piracy Probe
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Germany's Largest Bitcoin Seizure: 50,000 BTC Confiscated in Piracy Probe

German authorities seized 50,000 Bitcoins linked to a piracy website, with suspects transferring the digital currency to police wallets, causing uncertainty in cryptocurrency enforcement.

Finland Tracks Monero in High-Profile Cybercrime Cas
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Finland Tracks Monero in High-Profile Cybercrime Cas

Finnish authorities traced Monero transactions in the Julius Aleksanteri Kivimäki trial, highlighting challenges in tracking privacy-focused digital currencies, a significant development in cryptocurrency-related cybercrime investigations.

SAP Announces 2 Billion Euro Restructuring Plan Affecting 8,000 Jobs
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SAP Announces 2 Billion Euro Restructuring Plan Affecting 8,000 Jobs

SAP SE announces a major restructuring plan, allocating €2 billion to reorient 8,000 roles towards AI-driven business areas, in response to the rapidly evolving tech industry landscape.

Tether Criticizes UN Report for Overlooking USDT Traceability and Law Enforcement Collaboration
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Tether Criticizes UN Report for Overlooking USDT Traceability and Law Enforcement Collaboration

Tether rebuts a UN report accusing USDT of facilitating illicit activities, underscoring its traceability and law enforcement collaboration, and highlighting USDT's positive impact on developing economies.

IMF Warns of AI's Impact on Global Job Market: 40% Positions at Risk
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IMF Warns of AI's Impact on Global Job Market: 40% Positions at Risk

The IMF warns that AI could impact 40% of global jobs, rising to 60% in advanced economies. This trend may exacerbate income inequality, with younger workers adapting more easily than older ones. The IMF urges comprehensive safety nets and retraining programs to mitigate the effects.

NEAR Foundation Announces 40% Workforce Reduction in Strategic Realignment
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NEAR Foundation Announces 40% Workforce Reduction in Strategic Realignment

The NEAR Foundation has announced a 40% reduction in its workforce, impacting 35 team members, as part of a strategic realignment to focus on high-impact activities and further decentralize the ecosystem. Despite this change, the Foundation maintains strong financial health and a commitment to advancing key areas in the Web3 space.

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