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Don’t miss out on the newest products, announcements from tech giants, and thought-provoking debates happening in the industry. TechLoot got them all here so you can stay informed at all times.

OpenAI Seeking New Round of Funding with a Valuation of $150 Billion: What Does It Mean for the Future of AI?

According to a report from Bloomberg, OpenAI, the company behind the revolutionary ChatGPT, is in discussions for a new round of funding that could skyrocket its valuation to a massive $150 billion. This is a notable increase from previous valuations, indicating the growing influence of artificial intelligence (AI) in multiple industries and OpenAI’s leadership in…

By Andrej Kovacevic 12th September 2024

Pavel Durov Ready to Exit Markets After Telegram Executives’ Arrest in France

In a bold move, Telegram’s CEO Pavel Durov has stated that the platform may abandon markets that impose heavy restrictions on privacy and freedom of expression. This announcement comes in the wake of recent arrests of Telegram executives in France, which has once again brought the platform’s resistance to strict government regulations into the spotlight.…

By Andrej Kovacevic 6th September 2024

Elon Musk Fears He Might Face Similar Fate as Telegram’s Founder, Reconsiders Travel Plans

Elon Musk has recently expressed concerns about his safety, drawing parallels to the situation of Pavel Durov, the founder of Telegram, who was recently arrested. This has sparked significant media attention, and Musk has become increasingly vocal about the matter. In response to a suggestion that he should reconsider his travel plans, Musk indicated that…

By Andrej Kovacevic 2nd September 2024

The Financial Duel Between Kamala Harris and Donald Trump: A $1 Billion Battle for the White House

The U.S. political stage is witnessing an intense rivalry between Kamala Harris and Donald Trump, with their campaign budgets surpassing a combined $1 billion. This contest is not just about ideas but also a financial showdown. Here’s how both sides plan to leverage these funds in their race to the White House. The Battle of…

By Andrej Kovacevic 2nd September 2024

Pavel Durov Released on Bail: 5 Key Points to Understand His Release

On Saturday night, Pavel Durov was arrested in Paris, France, on various charges ranging from fraud to terrorism. The arrest sparked significant media attention worldwide. However, today he has been released on bail, though he is still not allowed to leave France. Here’s everything you need to know: 1. Why Was Pavel Durov Released on…

By Andrej Kovacevic 29th August 2024

Telegram CEO Arrested by French Authorities Over Platform’s Lack of Moderation, Enabling Various Crimes

In a shocking turn of events, Pavel Durov, the founder and CEO of Telegram, was detained by French authorities outside the Paris airport shortly after disembarking from his private jet. The arrest is part of an ongoing investigation into the messaging platform’s lack of moderation, which, while enabling complete user anonymity, also facilitates unchecked criminal…

By Andrej Kovacevic 25th August 2024

Meta Halts Plans for High-End Vision Pro Competitor Amid Challenges

Meta has officially abandoned its plans to develop a high-end mixed reality headset, codenamed La Jolla, which was initially expected to compete with Apple’s Vision Pro. Originally projected for a 2027 release, this premium AR/VR device is now off the table. Meta Cancels High-End La Jolla Headset Development Despite recent news that the La Jolla…

By Andrej Kovacevic 24th August 2024

Chinese Firms Exploit AWS to Access Advanced US Tech and AI Despite Export Bans

Export restrictions imposed by the US are proving ineffective as state-affiliated Chinese entities continue to leverage cloud services from Amazon Web Services (AWS) and its competitors to access cutting-edge US chips and AI technologies that are officially banned. By utilizing cloud computing services to tap into overseas technology, Chinese organizations are bypassing US export controls…

By Andrej Kovacevic 23rd August 2024

OpenAI Introduces SearchGPT, Its AI-Powered Web Search Engine

The Google and Perplexity competitor will be available as a prototype in limited release, with plans to integrate it into ChatGPT eventually. OpenAI is announcing its eagerly awaited entry into the search market, SearchGPT, an AI-powered web search engine with real-time access to information across the web. The search engine begins with a large textbox…

By Andrej Kovacevic 25th July 2024

Google’s Gemini AI Just Got Faster with a Major Flash Upgrade

Google’s Gemini AI chatbot is now faster and more efficient thanks to a significant upgrade to the Gemini 1.5 Flash AI model. With the new 1.5 Flash model, you will experience “across-the-board improvements in quality and latency, with especially noticeable enhancements in reasoning and image comprehension,” stated Amar Subramanya, VP of engineering for Gemini, in…

By Andrej Kovacevic 25th July 2024

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