Top Tech News Today: ChatGPT Creator OpenAI Explores New Business Model with AI App Store. New Institutional Crypto Exchange Gets Backing from Major Financial Firms.

Developers are now able to sell AI models they've created in the marketplace by OpenAI ChatGPT

Good morning tech fam, here are some quick tech updates for you to catch on to!

What's New Today: Chingari announces layoffs in line with other Indian startups.

Fast-Track Insights: New institutional crypto exchange gets backing from major financial firms.

OpenAI is said to be planning to expand its influence in this sector, having laid the groundwork for the widespread use of AI chatbots. A report states that the developer of ChatGPT is thinking about launching an app store. According to sources familiar with the company's discussions, OpenAI "is considering launching a marketplace in which customers could sell AI models they customize for their own needs to other businesses," according to The Information. The idea of collaborating with other organizations to provide them with AI-powered tools that run on large language models is not new.

The latest Indian startup to lay off employees is Chingari. Nearly 20 percent of the company's workforce has been affected by the layoffs. Employees have been fired as part of the company's organizational restructuring. In a statement to the news agency IANS, the company's spokesperson stated that it was "one of the toughest decisions for our management, and we understand the impact they have on our employees." Chinagri currently employs approximately 248 people, according to sources. If the company reduces its workforce by 20%, approximately 48 jobs will be lost.

Integrating advanced technology into your dental clinic can bring about transformative changes in the way you provide patient care. By leveraging the potential of modern innovations, you can enhance operational efficiency, accuracy, and patient experiences. Implementing AI-powered systems automates time-consuming administrative tasks, including appointment scheduling and data management, allowing your staff to focus on delivering exceptional care. The utilization of AI algorithms for analyzing patient data enables precise treatment planning and diagnosis. Read More

EDX Markets, a cryptocurrency exchange without custody is supported by Charles Schwab, Fidelity Investments, and Citadel Securities. EDX stands out from other traditional cryptocurrency exchanges by focusing on institutional traders rather than retail investors. Additionally, there is no trading graphical user interface and only access to trading is via API. According to the WSJ, it sends investors' cryptocurrency transaction orders to its marketplace through retail brokerages.