Audio entertainment platform Pocket FM on Sunday said it has significantly reduced production costs through its proprietary artificial intelligence systems. The company has scaled its content operations significantly over the past year, producing over 50,000 AI-generated shows, a statement said. "We are transforming Pocket FM into an AI-led entertainment company, with artificial intelligence now driving content creation, productivity, and global storytelling at scale," said Rohan Nayak, co-founder and CEO of Pocket FM. "AI is helping us unlock high quality content faster and more efficiently than ever before. Our content costs have been significantly reduced, while creator efficiency has increased tenfold." Known for pioneering long form episodic audio storytelling, Pocket FM has built cu
The crypto sector's market value hit $4 trillion on Friday, according to CoinGecko, marking a milestone that reflects its shift from a nascent asset class to a central part of the global investment landscape. A wave of renewed optimism, regulatory clarity in key markets and rising institutional flows have catapulted the crypto sector to a new valuation peak. The U.S. House of Representatives passed a bill on Thursday to create a regulatory framework for U.S.-dollar-pegged cryptocurrency tokens, known as stablecoins, sending the bill to President Donald Trump, who is expected to sign it into law. "The arrival of the Trump legislation signaled an about-turn in attitudes towards the crypto industry, but legislators are still exercising some caution," said Derren Nathan, head of equity researc