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TechAdobe has revealed its answer to AI art generators like Midjourney, Dall-E and Stable Diffusion – and the new family of generative AI tools, collectively called Adobe Firefly, could be ultimately be as influential as the original Photoshop was in 1990.The giant behind apps like Photoshop and Illustrator has been baking AI image generation into its software for years, but Adobe Firefly takes it to a whole new level. Its first Firefly beta brings …
Adobe's new Firefly AI art generator is here to take on Midjourney and Dall-E
Coverage: 2 sources
Israel · Israel eToro has secured $250 million in funding at a $3.5 billion valuation. The money is not a typical equity round: it comes by way of an Advanced Investment Agreement (AIA) The company had secured the AIA in early 2021 as a kind of backstop from current backers.
eToro secures $250M at a $3.5B valuation after scrapping SPAC, seeing slower growth
100% Center coverage: 1 sources
GoogleGoogle denies intentionally destroying evidence in the U.S. Justice Department's antitrust lawsuit over the company's search business. The bid for sanctions stems from lawsuits filed by the DOJ and a group of more than 30 states accusing Google of unlawful exclusionary practices. The case, filed in 2020, is set to go to trial in September.
Google denies destroying 'chat' evidence in U.S. antitrust lawsuit
Coverage: 5 sources
TechAaron Holmes / The Information:
An internal Microsoft document tells Azure salespeople to say that OpenAI's licenses offer “limited enterprise-grade capabilities” and weaker privacy features — OpenAI's ChatGPT has enraptured the business world since its November release and OpenAI is signing up customers eager …
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AmazonOP3N, a web3 AI-powered platform, raised a $28 million Series A round that values the company at $100 million
OP3N raises $28M to build 'WhatsApp meets Amazon' for web3
100% Center coverage: 1 sources
TechThe Federal Deposit Insurance Corporation will hold two separate auctions for its traditional deposits unit and its private bank. Bank and nonbank financial firms will be allowed to bid on the asset portfolios. The run on the bank was sparked by balance-sheet concerns after the lender sold a portfolio of treasuries and mortgage-backed securities.
FDIC to break up SVB, seeks separate sale of private unit
50% Center coverage: 4 sources
AppleNew research suggests premium smartphones accounted for 55pc of the total market revenue last year, with Apple having the biggest piece of the growing pie. This is despite the global smartphone market shrinking by 12pc in the same period, due to macroeconomic difficulties. Premium smartphones also captured more than 20pc of smartphones sold last year.
Global premium smartphone sales rose 1% YoY in 2022, taking 50%+ of the smartphone market's revenue for the first time; Apple took 75% of the premium market
ChinaChina is facilitating easier access to subsidies and more control over state-backed research for a handful of its chip companies.Chipmakers such as Semiconductor Manufacturing International (SMIC), Hua Hong Semiconductors and Huawei, as well as equipment suppliers like Naura and Advanced Micro-Fabrication Equipment Inc China might benefit from the policy.
China gives chipmakers easier subsidy access to help guide industry recovery
100% Center coverage: 2 sources
