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Tether CEO advocates for localized AI models to prevent hacks
8.7.2024
Tether CEO Paolo Ardoino responded to OpenAI’s recent hack by claiming that localized AI models are the key to ensuring independence and privacy and preventing future hacks
Judge dismisses coders’ DMCA claims against Microsoft, OpenAI and GitHub
7.7.2024
The partial dismissal indicates complainants failed to demonstrate that GitHub reproduces human-created code
Judge dismisses coders’ DMCA claims against Microsoft, OpenAI and GitHub
7.7.2024
The partial dismissal indicates complainants failed to demonstrate that GitHub reproduces human-created code
UBS Executive Highlights AI’s Impact on Banking
6.7.2024
UBS is witnessing a transformative shift in client interactions driven by artificial intelligence, according to Sabine Keller-Busse, the head of the Swiss bank’s domestic business. Keller-Busse compared the change to how patients now approach doctors with self-diagnosed conditions. UBS Sees...
Big Tech faces financial reckoning if human-level AI doesn’t happen soon
5.7.2024
Sequoia Capital says the industry needs to make up about $600 billion in profit before the current expenditure starts to make sense
ChatGPT users on macOS shocked to learn chats were stored unencrypted
5.7.2024
The problem has since been resolved, but it begs the question of how such an oversight happened in the first place
NYT AI lawsuit gets weird as OpenAI demands sources for every article
4.7.2024
It’s unclear whether the judge in the case is considering the request, but the New York Times had a strong response to the request
Meta Launches Awards to Drive AI Innovation in Developing Regions
4.7.2024
Meta launched the Meta Llama Impact Innovation Awards to support organizations in developing regions that use Meta’s advanced AI models, Llama 2 and 3, to solve local problems in education, environment, and other areas. The AI models are recognized for their enhanced reasoning capabilities...
Microsoft, Google, Nvidia and more filed SEC warnings that AI could ruin business
4.7.2024
The reasons ranged from cannibalizing their own businesses to releasing potentially inferior products
$207 Million Invested in AI, Crypto and Blockchain Startups in 96 Hours
4.7.2024
Based on data from the past four days, 14 distinct artificial intelligence (AI), cryptocurrency and blockchain startups and projects secured approximately $207.28 million in investor funding. The leading entity for July is Sentient, an open-source AI platform, which garnered $85 million from...
Tron Founder Justin Sun Offers to Buy German Government’s BTC Stash Amid Price Drop
4.7.2024
Amid the bitcoin price decline and the German government transferring millions of dollars worth of BTC, Tron founder Justin Sun announced on X that he is prepared to purchase the remaining BTC from the German government. “I am willing to negotiate with the German government to purchase...
Softbank lost 99% when the dotcom bubble burst, now it’s all-in on AI
3.7.2024
Softbank Group stocks reached an all-time-high on a market capitalization of $97.2 billion
Big Tech produced more carbon since 2019 than all Bitcoin mining ever
3.7.2024
U.S. tech firms made huge commitments to “net zero” carbon emissions, but that was before ChatGPT hit the scene
Bitget in ‘active discussions’ to receive licensing in India
3.7.2024
Bitget is currently operating in the Indian market but faces some issues with signing up new users due to certain regulatory limitations
Elon Musk hints at the release dates of Grok 2 and Grok 3
1.7.2024
Elon Musk has announced that Grok 2 could go live in August and Grok 3 could be available by the end of this year. The announcement comes after the successful rollout of the Grok 1.5 chatbot. Grok 2 is expected to be a huge improvement, backed by advanced AI features. These dates are tentative...
German Police Transfers Additional $95 Million in Bitcoin to Bitstamp, Coinbase, and Kraken
1.7.2024
The German Government has apparently transferred an additional 1,500 bitcoin, valued at nearly $95 million, to multiple cryptocurrency exchanges, including Bitstamp, Coinbase, and Kraken. This move, part of a series of transactions since June 19, has led to speculation about the government’s...
South Korea’s 2nd largest chipmaker to invest $75B in AI through 2028
30.6.2024
The investment comes after a March commitment to spend $90 billion on a chip fabrication facility near Seoul
AI needs a killer app to prove it’s not a bubble — Goldman Sachs, MIT
30.6.2024
Analysts were split over whether today’s AI investments would pay off in the next decade
Zambia Working on Establishing an AI Framework, Says Minister
30.6.2024
Zambia has reportedly initiated a process to establish an artificial intelligence framework and is collaborating with the Tony Blair Institute to formulate an artificial intelligence strategy. Sarah Luyele Njamu said Zambia can leverage AI for economic growth, improved healthcare, enhanced...
Nigerian official advocates blockchain, AI against illicit financial flows
29.6.2024
The financial watchdog chair said that these funds could significantly enhance infrastructure, healthcare, and education across the continent if recovered