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Monthly Archives: March, 2023

OpenAI introduces Whisper API for speech-to-text transcription

To coincide with the release of the ChatGPT API, OpenAI today released the Whisper API, a hosted version of the open source Whisper speech-to-text model that the company released in September.

Public fintechs declined 72% in value

The market correction has been widespread, but technology and fintech stocks have seen the biggest falls, according to a recent report.

Silvergate shuts down after FTX explosion

Silvergate Capital Corporation, the cryptocurrency-focused holding company of Silvergate Bank, announced its intention to close operations and voluntarily liquidate the banking unit.

VC fund performance remains strong

Many feared that the bull market had driven valuations to unsustainable levels and would lead to initial short rounds and cash burns, negatively impacting VC fund performance.

With its sights set on a new lunar economy, ispace plans to land on the moon in late April

Tokyo-based Ispace announced that its Hakuto-R lunar lander is on track to reach the Moon by the end of April.

Is it the end of the BNPL?

When the economy was booming, the Buy Now Pay Later (BNPL) space thrived. But as inflation and interest rates have risen, consumer-focused players in this space have struggled with increased regulatory defaults and less discretionary spending.

OpenAI launches an API for ChatGPT, and dedicated capacity for enterprises

To call ChatGPT, the free text-generating AI developed by San Francisco-based startup OpenAI, a success is an understatement.

Russia blocks encrypted email company Skiff

The Russian government has blocked another encrypted email provider, according to a Russian digital rights organization and the email provider.

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