Top tech stories today: February 21, 2024

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1. Microsoft develops AI server gear to lessen reliance on Nvidia

Microsoft is developing a new network card that could improve the performance of its Maia AI server chip and potentially reduce its reliance on Nvidia, according to a report in the Information on Tuesday. (Reuters)

2. Adobe Acrobat adds generative AI to ‘easily chat with documents’

Announced in Adobe’s press release as “AI Assistant in Acrobat,” the new tool is described as a “conversational engine” that can summarise files, answer questions, and recommend more based on the content, allowing users to “easily chat with documents” to get the information they need. (The Verge)

3. ChatGPT can write smart contracts; just don’t use it as a security auditor

A pair of researchers from Salus Security, a blockchain security company with offices in North America, Europe, and Asia, recently published research showcasing GPT-4’s talents when it comes to parsing and auditing smart contracts. As it turns out, artificial intelligence (AI) is pretty good at generating and parsing code but you wouldn’t want to use it as a security auditor. (Cointelegraph)

4. Cryptoverse: Breezy bitcoin reclaims $1 trillion crown

Bitcoin is riding high. The world’s largest cryptocurrency has leapt 22% this year to $52,005, pushing it past a market value of $1 trillion mark for the first time since its record heyday of late 2021. (Reuters)

5. Nvidia dethrones Tesla as Wall Street’s most traded stock

About $30 billion worth of Nvidia shares changed hands daily on average over the past 30 sessions, pulling ahead of Elon Musk’s electric car maker, which averaged $22 billion per day over the same period. (Reuters)

6. Nvidia’s stock rally sputters ahead of quarterly report

A scorching rally in Nvidia’s shares this year came to a halt on Tuesday as investors worried if the high-flying chip designer’s quarterly results would justify its towering valuation. The stock fell 5.3% to $687.91. (Reuters)

7. X says it briefly suspended Yulia Navalnaya’s social media account due to error

The X account of Yulia Navalnaya, widow of Russian opposition leader Alexei Navalny, was briefly suspended on Tuesday due to what the social media company said was an error caused by a system to prevent manipulation and spam. (Reuters)

8. TikTok violates Indonesian in-app transactions ban, says minister

In Southeast Asia, the value of merchandise sold through TikTok Shop reached $4.4bn in 2022, according to GlobalData. TikTok is still violating Indonesia’s rule that bans in-app transactions, a cabinet minister said on Tuesday. (Reuters)

9. ARIN’s new fee to be proportional to the IPV4 block size

ARIN, the American Registry for Internet Numbers has announced a new fee transfer processing fee to be paid by the recipient. This fee will be effective from the 1st of January 2023 and has been decided based on the decision of the ARIB Board of Trustees. The key highlight of this fee is that the new fee would be proportional to the IPV4 aggregate block size that is being transferred. (Prefixx)

10. China hatches a plan of running single-stack IPv6 network by 2030

According to a Notification on Accelerating the Massive Implementation and Adaptation of IPv6 published on 23rd July 2021, China will have 800 million people who are active IPv6 users by the year 2023. Alongside, close to 200 million Internet of Things equipment that uses the framework. (Prefixx)

11. LTIMindtree launches Canvas CloudXperienz, a hybrid cloud management platform

LTIMindtree, a global technology consulting and digital solutions company, today announced the launch of its SaaS based hybrid cloud management platform Canvas CloudXperienz. The platform, powered by Artificial Intelligence for IT Operations (AIOPs), helps enterprises explore the full potential of digital transformation initiatives. (India times)


Chloe Chen

Chloe Chen is a junior writer at BTW Media. She graduated from the London School of Economics and Political Science (LSE) and had various working experiences in the finance and fintech industry. Send tips to

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