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Northern Data Subsidiary Bolsters AI Capabilities With $362 Million Nvidia GPU Investment
29.11.2023
On Wednesday, Northern Data Group, headquartered in Frankfurt and specializing in bitcoin mining, disclosed that its subsidiary, Taiga Cloud, has secured a significant acquisition of about 8,200 Nvidia H100 Tensor Core Graphics Processing Units (GPUs). These newly acquired units will complement...
Ethereum Co-Founder Vitalik Buterin: AI Poses Serious Threat to Humanity’s Dominance
28.11.2023
Source: ShutterStock Ethereum co-founder Vitalik Buterin has issued a warning about the potential dangers of super-advanced artificial intelligence (AI) surpassing human intelligence and becoming the dominant species on Earth. In a recent post on X (formerly Twitter), the Ethereum (ETH) mastermind...
The Collision of AI and Crypto Attracts Scammers – What’s Going On?
27.11.2023
Source: Adobe / ZayNyi As the crypto industry continues to evolve, a new wave of scams is emerging, blending the hype of artificial intelligence (AI) with crypto, Kathleen Breitman, co-founder of the Tezos blockchain, has warned. Writing in a commentary piece for Fortune on Sunday, warned of...
US, Britain and other countries ink ‘secure by design’ AI guidelines
27.11.2023
The guidelines suggest cybersecurity practices AI firms should implement when designing, developing, launching, and monitoring AI models
Scientists developed an AI monitoring agent to detect and stop harmful outputs
20.11.2023
The monitoring system is designed to detect and thwart both prompt injection attacks and edge-case threats
Openai Shakeup: Sam Altman Out as CEO, Worldcoin’s WLD Plunges
18.11.2023
Following the announcement by Openai, a firm dedicated to artificial intelligence (AI), that Sam Altman is stepping down, Worldcoin, a crypto venture backed by Altman, experienced a 13.5% decline in its native asset WLD compared to the U.S. dollar. Openai, in an open letter addressed to the public...
OpenAI Ousts Sam Altman From CEO and Board Roles; Worldcoin Drops 12%
17.11.2023
Artificial intelligence (AI) company OpenAI ousted Sam Altman as CEO and from the board, the board of directors announced in a blog post Friday
GROK Meme Coin Plummets as Crypto Sleuth Exposes Scam Links
15.11.2023
Source: Adobe / Antonio Gravante A recently-created meme coin named GROK faced a dramatic crash, losing 74% of its value within moments after the well-known crypto sleuth ZachXBT exposed its links to a known scam. The GROK token is named after – and obviously attempting to capitalize on – Elon...
Publicly-Listed Bitcoin Miner Bitdeer Expands Into AI With Nvidia
10.11.2023
Several bitcoin mining enterprises are shifting their focus to artificial intelligence (AI) computing and cloud services. In a recent development, the publicly traded blockchain and high-performance computing company Bitdeer, disclosed its expansion into AI. This strategic move involves providing...
Crypto Whales Are Stacking This Low Cap Gem – Here’s Why
6.11.2023
The convergence of artificial intelligence (AI) and cryptocurrencies is shaping up to be one of the biggest crypto trends of 2023. Major tech players like Microsoft have made sizeable investments in AI projects, sparking a surge of interest that extends beyond just tech enthusiasts. The combination...
Mismatch Between the Demand and Supply of GPUs Stifling AI Innovation — Tory Green
4.11.2023
The mismatch between the demand and supply of graphics processing units (GPUs) is potentially stifling artificial intelligence (AI) innovation, Tory Green, the COO of the decentralized GPU cloud service provider io.net, has said. According to the COO, this mismatch stems from the fact manufacturers...
Northern Data Secures $600 Million Loan From Tether Amidst AI Hardware Investment Spree
3.11.2023
Northern Data Group has confirmed a €575 million ($610M) debt financing from Tether Group, a signal of heightened activity in the high-performance computing sector responding to the artificial intelligence (AI) demand surge. The firm detailed that the funding is poised to advance Northern...
Modulus Labs Completes $6.3 Million Funding to Integrate Cryptographic Security Into AI
2.11.2023
Artificial Intelligence (AI) startup Modulus Labs, a project that integrates AI and crypto, has raised $6.3 million in seed funding. The project announced the launch of its formal debut on Wednesday, following the funding round, led by key crypto investors. The platform is backed by crypto venture...
Biden Administration Issues Landmark AI Executive Order
31.10.2023
United States president Joe Biden has issued an executive order to establish new rules and standards that artificial intelligence (AI) companies will have to follow to secure the leadership of America in the field. The executive order also ostensibly seeks to protect the privacy of citizens...
Deutsche Post Launches Crypto Stamp With AI-Generated Images of Historical Sites
30.10.2023
Germans can now order a “crypto stamp” that will feature images of historical buildings rendered by artificial intelligence (AI). The stamp, to be released by Deutsche Post in November, is already available for pre-order and will come in both physical form and as a non-fungible token...
Tech Enthusiasts Are Eagerly Awaiting This AI-Powered Crypto Platform – What’s the Buzz?
27.10.2023
As 2023 unfolds, the intersection of Artificial Intelligence (AI) and cryptocurrencies is becoming more than a talking point among tech enthusiasts—it’s turning into a distinct market category. Following sizeable investments from major technology players like Microsoft, interest...
Americans Have Their Say in Constitution for AI
21.10.2023
Anthropic has acquired the views of a group of American citizens on the fundamental principles that should govern artificial intelligence (AI). The gathered opinions have formed the basis of a “constitution for AI” as part of an attempt to explore how democratic processes can influence...
SEC Chairman Gary Gensler Warns AI Could Spark Financial Crisis in Next Decade
18.10.2023
U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler has warned that artificial intelligence (AI) could spark a financial crisis in the next decade. Noting that he has raised this concern at the Financial Stability Board and at the Financial Stability Oversight Council, the SEC chief...
US Mulls Tighter Restrictions on AI Chip Shipments to Chinese Firms, Report
14.10.2023
The government in Washington is reportedly considering further limiting China’s access to U.S. processors used in artificial intelligence (AI) applications. The current restrictions, which were introduced last year, allow Chinese companies to source the chips through overseas subsidiaries....
Prosecutors Seek to Exclude AI Startup Anthropic’s Valuation From Bankman-Fried Trial
9.10.2023
Amidst widespread media coverage highlighting Anthropic, the startup behind the generative artificial intelligence (AI) chatbot Claude and its pending multi-billion-dollar infusion, federal prosecutors overseeing the Sam Bankman-Fried case are pushing to sideline this subject during the trial....