OpenAI is launching a mini version of its latest AI model. These small AI models are meant to be faster and more affordable than the full version — making them particularly useful for simple, high volume tasks. That should appeal smaller developers who don’t necessarily have a lot of money for AI costs, but want […]
Paytm loss widens and revenue shrinks following regulatory clampdown
Paytm’s loss widened even as revenue declined by 36% year-on-year as the once-poster star of Indian startup ecosystem continues to grapple with the Reserve Bank of India’s clampdown that significantly curtailed the payments bank business unit. The Noida-headquartered firm’s loss more than doubled to $ 100 million in the quarter ending June, it disclosed Friday. […]
After the Terra LUNA Fallout, Bitcoin Dominance Climbs Higher While Ethereum’s Valuation Shrinks
Following the Terra LUNA and UST fallout, digital currency markets have dropped in value as the crypto economy dropped 6.93% from $ 1.356 trillion on May 22, to today’s $ 1.262 trillion. Amid the market carnage, bitcoin’s market dominance has increased to 43.8%, reaching the highest value since October 30, 2021. Moreover, ethereum’s market dominance […]