Own, a new social media app, aims to tokenize the creator economy
‘We Made It Easier This Year Than Ever’: Warren Buffett Says He ‘Hopes’ He Can Finally Give Away $1 Million for March Madness
xAI launches an API for generating images
Elon Musk’s AI company, xAI, has added image generation capabilities to its API. Only one model is available in the API at the moment, “grok-2-image-1212.” Given a caption, the model can generate up to 10 images per request (limited to 5 requests per second) in JPG format, priced at $0.07 per image. For comparison, AI […]
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Telegram founder Pavel Durov says app now has 1B users, calls WhatsApp a ‘cheap, watered down imitation’
Telegram founder Pavel Durov said today that the service now has more than 1 billion active users. This number is up from last year’s reported 950 million monthly active users. Durov also noted that the company registered $547 million in profits last year. He had announced the company’s profitability in December but hadn’t provided any […]
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Elon Musk’s X reportedly bounces back to $44B valuation
Social media site X’s valuation has bounced back to $44 billion, according to a new report from the Financial Times. Elon Musk purchased the platform, formerly known as Twitter, for $44 billion back in 2022. However, a report from Bloomberg states that X has raised close to $1 billion from investors in a deal that […]
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Judge orders Citibank to release nonprofit funds, rejects EPA’s arguments
The judge also found that the nonprofits will “suffer imminent, irreparable harm” if they don’t gain access to their funding.
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In another good sign for fintech, Ribbit Capital is raising a new $500M fund
Ribbit Capital is raising $500 million for a new fund, an SEC filing seen by TechCrunch has revealed.
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