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Softbank Looking to Invest Billions in AI After Pausing Crypto Investments
18.9.2023
Softbank, one of the largest investment management conglomerates in the world, is reportedly eyeing several investments in the artificial intelligence (AI) field after having paused its crypto investments. According to the Financial Times, Softbank founder and chief executive officer Masayoshi...
Schiff Family Divide: Economic Doomsday vs. AI-Powered Prosperity
17.9.2023
While the gold bug and economist Peter Schiff insists the U.S. economy will experience a financial crisis of epic proportions, his son Spencer continues to espouse a diametrically opposed view of the future. Spencer Schiff is an ardent supporter of artificial intelligence (AI), and in recent times...
EU announces initiative to fast-track supercomputer access for AI startups
14.9.2023
E.U. president Ursula von der Leyen also called for the organization of a global AI governance body during the 2023 E.U. State of the Union address
Here are the Most Bullish AI Coins of 2023: Render, Fetch.ai, yPredict
14.9.2023
Artificial Intelligence (AI) and cryptocurrencies are both prominent tech trends that have caught the public's attention in recent years.
Now, the intersection of these technologies has led to the development of AI crypto projects, which use specialized tokens as the working currency for...
IMF Publications’ Report Highlights Growing Risks of Generative AI in Financial Sector
12.9.2023
As artificial intelligence (AI) continues its expansion into the finance sector, a new report published on the International Monetary Fund (IMF) Publications web portal cautions about risks associated with the latest AI capabilities in the financial world. The Rise of Thinking Machines: Report...
2023: The Year AI Cryptos Soared, Then Faltered
10.9.2023
At the outset of the year, artificial intelligence (AI) cryptocurrencies embarked on a rising journey, recording substantial gains and witnessing a surge in global trade activity. However, as we now traverse the course of time, the AI crypto landscape has undergone a significant downturn. According...
SEC Greenlights Nasdaq’s First AI-Powered Order Type
9.9.2023
The U.S. Securities and Exchange Commission (SEC) has approved a new artificial intelligence (AI)-powered order type for Nasdaq’s stock exchange. This marks the first AI order type approved for an exchange. Nasdaq says the latest technology aims to improve efficiency and performance on...
5 AI Crypto Coin Projects Traders Are Bullish On - Launchpad XYZ, Fetch.ai, PAAL AI, Unibot, yPredict
7.9.2023
Artificial Intelligence (AI) continues to shape various sectors, from healthcare to automotive. And now, it's making a significant impact in the cryptocurrency market as well.
With machine learning algorithms and predictive analytics, AI is helping to make sense of complex market data, thereby...
Blockchain Firm Raises Millions From Andreessen Horowitz, Paris Hilton to Help Monetize AI Mashups
7.9.2023
Investors led by Andreessen Horowitz have backed a company that has set out to help content creators monetize their work in the age of artificial intelligence (AI). The tech firm intends to employ blockchain technology to track remixes and mashups that have been spreading online since the invent...
OriginTrail on AI, real-world adoption and the value of knowledge: The Agenda podcast
6.9.2023
OriginTrail co-founders Žiga Drev and Tomaz Levak break down the importance of knowledge verifiability in the era of AI hallucinations, plus much more
Bybit Introduces Tradegpt: AI-Powered Chatbot Offers Real-Time Crypto Market Data, Trading Tips
4.9.2023
Dubai’s Bybit cryptocurrency exchange has unveiled an artificial intelligence (AI)-powered instrument named Tradegpt. The new chatbot can scrutinize the exchange’s existing market data and offer an in-depth price evaluation by employing bitcoin’s current metrics as an example....
Fetch.ai Price Pumps 10% - Experts Predict These 3 AI Coins Are Next Cryptos To Explode In September
1.9.2023
Bullish momentum has returned to Fetch.ai's FET token with the price rallying 10% over the past week.
This upside move has propelled FET above its 20-day, 50-day, and 100-day exponential moving averages, which is often viewed as a precursor to further gains.
However, after briefly hitting...
Best Crypto to Buy Now August 31 – Maker, Mantle, dYdX
1.9.2023
The U.S. Securities and Exchange Commission (SEC) announced on August 31 that it will postpone decisions on proposed rule changes related to spot Bitcoin exchange-traded funds (ETFs) until October.
The SEC is postponing judgments on proposed rule changes that would allow Fidelity (Wise Origin)...
Bitcoin Miner Iris Energy Dives into Generative AI, Investing $10M in Nvidia GPUs Amidst Soaring Demand
31.8.2023
On August 29, the publicly traded bitcoin mining entity, Iris Energy, revealed its acquisition of 248 Nvidia H100 graphics processing units (GPUs) at a cost of $10 million. While the company emphasized that its primary focus remains on BTC mining, it views generative artificial intelligence (AI)...
BRICS States Should Tackle AI Risks Together, Xi Jinping Says
25.8.2023
BRICS nations should address the risks related to artificial intelligence (AI), Chinese President Xi Jinping said during the group’s summit in South Africa. China’s leader is also convinced that the members of the economic bloc must work to standardize the technology. BRICS Should Strive for...
VeChain and SingularityNET team up on AI to fight climate change
25.8.2023
SingularityNET CEO Ben Goertzel says that AI and blockchain have the potential to solve problems that traditional mechanisms have “consistently, miserably failed.”
Blockchain Can Help Facilitate ‘Direct Connections’ Between Users and Hotels — Staynex’s Bernard Lau
24.8.2023
Using blockchain can potentially minimize intermediary expenses incurred by players in the hospitality industry because the technology makes it possible to facilitate direct connections between users and hotels, Bernard Lau, CEO of Staynex and LABS Group, has said. Lau, whose company focuses...
AI-Powered Solutions Can Help Crypto Traders Overcome ‘Cognitive Biases’ When Investing — Libertify CEO
23.8.2023
According to Steve Rosenblum, the founder and CEO of Libertify, Artificial Intelligence (AI) driven investment solutions can assist investors in making “timely adjustments to asset allocation.” This means investors using such a solution will be able “navigate the volatile...
Dubai to Subsidize Commercial Licenses for Web3 and AI Companies
19.8.2023
Dubai will offer subsidized licenses for Web3 and artificial intelligence (AI) companies that want to enter the country. The Dubai International Financial Centre (DIFC) and its campus will subsidize 90% of the costs of these licenses to attract companies in this sector as part of its push to become...
SEC Chair Warns AI Poised to Drive Future Financial Crises
9.8.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that artificial intelligence (AI) technology will be at the center of future financial crises. The securities regulator has put out a specific proposal to address some of the issues that could be embedded in AI models....