Top Tech News: OpenAI, the ChatGPT Inventor, now US$80 Billion

OpenAI, ChatGPT inventor, soars to US$80 billion and changes the face of AI and human interaction

Good morning tech fam, here are some quick tech updates for you to catch on to!

What's New Today: Swiggy Jobs for Graduates: Experience Criteria

Fast-Track Insights: Bitcoin Halving and ETFs Fuel Crypto Bull Run

The New York Times reported on Friday, citing people with knowledge of the arrangement, that Microsoft-backed OpenAI has concluded a deal that values the artificial intelligence business at US$80 billion or more. According to the article, the venture firm Thrive Capital would lead the company in a tender offer wherein the corporation would sell its current shares. As to the article, the agreement allows employees to cash out their firm shares instead of going through a conventional financing round to acquire funds for the company. A Reuters request for comment was not immediately answered by OpenAI.

India's top food delivery service, Swiggy, is employing recent grads! This is a fantastic chance for recent graduates to launch their careers. The business is looking for passionate people who have a strong desire to provide exceptional customer service. Don't pass up this opportunity to become a member of the Swiggy family by checking out the experience specifics.

Stablecoins, designed to minimize the volatility inherent in cryptocurrencies, have witnessed a new wave of innovation with the emergence of AI-backed stablecoins. These digital assets leverage artificial intelligence algorithms to maintain stability, but questions linger about their reliability. In this article, we delve into the rise of AI-backed stablecoins, exploring their mechanisms, benefits, and the critical question: How stable are they in the dynamic landscape of the crypto realm? Read More

Bear markets don't continue forever, as history has demonstrated. Long-time cryptocurrency observers have observed the industry changing in cycles, with spikes in activity and "crypto winters" in between. We could be entering a new historical era right now, one that might usher in yet another bull market. If true, this cryptocurrency boom would rank among the biggest in its history. With Indian investors entering the market at an increasing rate and contributing new ideas and energy, the impending bull market seems to have limitless potential.