Top Tech News: xAI Lands US$6B to Rival OpenAI's ChatGPT
Elon Musk, the CEO of SpaceX and Tesla, announced that his artificial intelligence startup, xAI, has successfully raised a massive US$6 billion in its latest funding round. Despite being a relatively young player in the industry, the company, backed by Musk, has quickly climbed the ranks to become the second most valuable AI startup globally, with OpenAI leading the valuation charts.
Reports from the Wall Street Journal suggest that the recent funding secured by xAI could be attributed to the competitive landscape dominated by OpenAI. To stay ahead in the artificial intelligence sector, the startup supported by Microsoft is gearing up to boost its research and development expenditures.
Intel's Recruitment Drive for CS Talent
Meanwhile, Intel's Bengaluru site in Karnataka, India, is on the lookout for an experienced Project/Program Manager. The role demands a blend of technical proficiency and specialized knowledge in a particular technology domain to oversee complex projects and initiatives closely linked to the development, implementation, or enhancement of technology-related products or services.
In a cutthroat job market, finding the right candidate often poses a significant challenge, akin to finding a needle in a haystack. The recruitment process is not only time-consuming but also resource-draining, often hindered by manual resume screening and scheduling bottlenecks. However, the advent of Artificial Intelligence offers a ray of hope, promising streamlined recruitment, precise talent identification, and the eradication of unconscious biases.
Bitcoin's US$82M Enigma Shocks Top Exchange
The world's largest cryptocurrency exchange, Binance, recently witnessed a substantial outflow of 1,195 Bitcoins, valued at approximately US$81.95 million. Such significant withdrawals from exchanges are often interpreted as positive signals for the market, catching the attention of the crypto community. Typically, prominent investors acquire digital assets from high-liquidity exchanges like Binance and transfer them to private wallets, indicating long-term investment strategies.
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