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Prioritizing First-Mover Advantage Over Security Leaves Defi Protocols Vulnerable to Hacks – Nikita Ovchinnik
27.4.2024
According to Nikita Ovchinnik, founder of Barter Defi, decentralized finance (defi) protocols are increasingly becoming the primary target of most hacking attacks because defi “lays bare its inner workings for all to see.” He said the open-source nature of defi means hackers...
Meta Faces Tough Market Response as AI Investments Surge and Metaverse Losses Continue
25.4.2024
Meta’s shares dropped 15% in after-hours trading following announcements in April of plans for significant investment in AI, alongside a weaker revenue outlook and continued losses in its metaverse division, Reality Labs. The company anticipates its expenses will soar to between $96 billion...
Meta drops 15% on weak outlook and high AI and metaverse spending
25.4.2024
Meta shares dipped after a disappointing Q2 revenue outlook and plans to spend nearly $100 billion this year as it aims to “invest aggressively” in its AI products
This Company Will Give You A Fortnite Batman Skin If You Generate Enough AI Porn
18.4.2024
Salad, a cloud computing and AI tech company, is renting high-end graphics cards found in gamers’ computers and using all that power to create AI-generated pornography. In return, the gamers who lend the company their GPUs are paid in Fortnite skins, Minecraft cosmetics, Roblox bux, and other...
‘Real-World Implementations of Both AI and Web3’ Fuel AI Tokens’ Rally, Says Daniel He
16.4.2024
With socialfi platforms, financial incentives serve not only as a reward mechanism for content creators but also “fundamentally transform the engagement model for all users,” Daniel He, the CEO of the artificial intelligence (AI)-powered socialfi platform, Republik, said. He believes...
First AI-Generated Romance Film Looks Like Crap
12.4.2024
TV maker TCL announced its first original short film—Next Stop Paris—and excitedly confirmed that it was made using AI-generation tools. They didn’t need to tell us that, however, because the shitty, awful trailer makes it very clear that most of the imagery in the film is the hallucination of...
UK Competition and Markets Authority Raises Alarms Over Big Tech’s AI Dominance
12.4.2024
The Competition and Markets Authority (CMA) of the United Kingdom, under the direction of Sarah Cardell, has voiced its dissatisfaction with AI Foundation Models (FMs) that are owned by a small number of tech companies.
The post UK Competition and Markets Authority Raises Alarms Over...
NEAR to Hire Artificial-Intelligence Engineers as Part of AI Roadmap
10.4.2024
The company will begin its AI initiative in the next 3-6 months according to a document reviewed by CoinDesk
Charles Hoskinson Criticizes Cardano ‘Dunking,’ Expresses Concern Over ‘Carnival Barkers’ Dominance
9.4.2024
Charles Hoskinson has criticized “all the dunking of Cardano,” and asserted that the protocol offers the “optimal route for scalability, governance, and innovation.” According to Hoskinson, the crypto industry’s problem is that it allows “carnival barkers...
Keychainx CEO Says Advanced AI and Nvidia GPUs Assisted in Recovering 120 BTC
8.4.2024
According to the CEO of Keychainx, new wallet features and security upgrades, such as 25-word passphrases, Shamir secrets, and two-factor authentication (2FA) for Electrum wallets, can decrease the likelihood of recovery if access is lost. The CEO stated that advanced artificial intelligence (AI)...
Amazon Announces Minority Ownership in ChatGPT Rival Anthropic AI, Completing $4 Billion Investment Deal
28.3.2024
Amazon has invested $4 billion in the artificial intelligence (AI) startup Anthropic, solidifying its minority ownership in the company.
The post Amazon Announces Minority Ownership in ChatGPT Rival Anthropic AI, Completing $4 Billion Investment Deal appeared first on Cryptonews
Fetch.ai, Ocean Protocol, and Singularitynet to Merge Tokens Into ‘Artificial Superintelligence’ Coin
28.3.2024
The teams from Fetch.ai, Ocean Protocol, and Singularitynet (SNET), three top projects in artificial intelligence (AI) on the blockchain, have announced their intention to amalgamate their tokens into a unified cryptocurrency named “artificial superintelligence (ASI).” 3 Top AI Tokens to Combine...
Breaking: Fetch.ai, SingularityNET and Ocean Protocol Discussing Possible Merger to Form ASI Token
27.3.2024
SingularityNET, Fetch.ai, and Ocean Protocol are reportedly engaged in discussions regarding a potential merger of their crypto tokens to establish a decentralized AI platform and foster collaboration among the three companies.
The post Breaking: Fetch.ai, SingularityNET and Ocean Protocol...
The Family Guy AI Stream Became Unwatchable Due To All The Screaming
26.3.2024
An automated YouTube stream that broadcasts AI-generated Family Guy “episodes” based on user-submitted pitches was recently broken and made unwatchable after someone realized they could make the characters scream gibberish endlessly using a few specific commands. Read more
AI Crypto Sector Stands Tall Amid Market Decline, Economy Bolsters by $7.54B in Just 30 Days
21.3.2024
Amid a widespread downturn in the cryptocurrency markets this week, tokens based on artificial intelligence (AI) have nevertheless attracted billions of dollars in additional investment. In the last month, the AI-focused cryptocurrency sector has expanded by $7.54 billion, with the majority of...
New AI Demo Shows Why Games Writing Should Be Left To People
18.3.2024
NVIDIA and Convai have released a trailer for their AI demo, Project Neural Nexus, and it predictably looks and sounds like shit.Read more
How Artificial Intelligence Could Start To Boost Crypto Crime: Chainalysis
15.3.2024
Artificial intelligence could breed a dangerous new category of crypto-based crime in the coming years, according to blockchain intelligence platform Chainalysis.
The post How Artificial Intelligence Could Start To Boost Crypto Crime: Chainalysis appeared first on Cryptonews
EU Sets Global Precedent with Comprehensive AI Regulation Act
14.3.2024
The European Union has again set a global precedent by unanimously passing a landmark bit of comprehensive legislation to govern AI: The AI Act. According to the official press release, ministers in the European Parliament passed the AI Act on Wednesday with 523 votes for, 46 against, and...
Performance of AI-Related Crypto Tokens Driven by News and ‘Memetic Speculation’ — Coinbase
11.3.2024
Since the beginning of the last quarter of 2023, artificial intelligence (AI)-related crypto tokens have not only outperformed the top two crypto assets but have also outpaced key AI stocks such as Nvidia and Microsoft. According to a report by Coinbase, much of this market-beating performance...
Coinbase Says Value of Many AI Tokens is “Overstated” as Sector Surges 37% in Past Week
8.3.2024
The AI token market has experienced a surge in prices that, according to a research report from leading crypto exchange Coinbase, may be driven more by hype than actual utility.
The post Coinbase Says Value of Many AI Tokens is “Overstated” as Sector Surges 37% in Past Week appeared...