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Bitcoin Miner Northern Data AG Announces 20% Capital Increase With a $233M Investment From Tether
15.7.2024
On Monday, Northern Data AG said it has resolved to increase its share capital by 20%, planning to raise €214 million ($233 million) through the issuance of new shares. The company aims to enhance its cloud platform and expand its data centers in Europe and the United States. Bitcoin Miner...
China leads the world in gen AI adoption but falls behind in full implementation
9.7.2024
A recent study revealed that China leads the world in AI usage and investment, while the U.S. remains the leader in fully implementing the technology
Nintendo will not use generative AI to build game titles
4.7.2024
Nintendo’s president addresses the risks of intellectual property breaches with generative AI at a shareholder meeting
Meta seeks to use generative AI in its metaverse, job listing shows
3.7.2024
Meta is offering a $347,000 yearly salary for an expert to drive its AI metaverse vision, while a regulator has banned Meta from using personal data from Brazilians to train its AI
Nvidia launches in Middle East amid US AI export clampdown: Report
24.6.2024
Nvidia partners with Qatari telecom provider Ooredoo to bring advanced AI technology to the Middle East, marking a significant expansion amid US export restrictions
Bitcoin miner Hut 8 lands $150M investment amid AI boom
24.6.2024
Coatue Management invested $150 million in the Bitcoin miner Hut 8 Corp. due to its capability to power generative AI applications with its high-performance computing
American retailer Target to roll out AI chatbot in US stores by August
21.6.2024
The AI chatbot, Store Companion, will be used on handheld devices, providing staff members with immediate answers to any work-related questions they may have
Funding Open-Source Generative AI With Crypto
11.6.2024
Crypto infrastructure could help address one of the biggest challenges in open source generative AI, says Jesus Rodriguez
Elon Musk to ban Apple devices if OpenAI is integrated in OS
11.6.2024
Musk called it an “unacceptable security violation” and even said the Apple block could extend to visitors to his company’s headquarters
Spider-Verse Producer Calls Generative AI Plagiarism, Promises None Of It In Third Movie
3.6.2024
Spider-Man: Beyond the Spider-Verse is probably one of the most-anticipated movies in superhero films right now. After the incredible Into the Spider-Verse and its equally great sequel Across the Spider-Verse were praised for their stunning, eclectic animation, fans are looking forward to the third...
LVMH is augmenting humans with AI, not replacing them
28.5.2024
The luxury conglomerate has also debuted its internal ChatGPT spinoff exclusively for employees
Central banks turn to generative AI for enhanced cybersecurity: BIS
28.5.2024
Central banks are increasingly adopting generative AI for cybersecurity, with a BIS report indicating that 71% are already using it and more planning to follow
EdgeCloud revolutionizes AI with new generative AI model pipelines
22.5.2024
The Theta engineering team’s creation of generative AI model pipelines resulted in the launch of EdgeCloud. The company introduced this concept the previous year, and sketch to 3D artificial intelligence model is their latest product. Theta recently released an upgrade to the EdgeCloud...
Chinese AI Startups Take on Industry Giant OpenAI
4.5.2024
A new wave of AI startups in China is rising to challenge OpenAI's dominance in the generative AI market. With ChatGPT unavailable in China, companies like Zhipu AI, Moonshot AI, and MiniMax are developing AI systems for content creation, attracting major...
The rise of the Chinese AI unicorns doing battle with OpenAI
3.5.2024
Artificial intelligence startups aim to fill the gap in China as OpenAI’s ChatGPT became unavailable in the country
Apple poaches Google AI staff, creates ‘secretive’ laboratory: Report
30.4.2024
Apple has reportedly been luring experts from Google in its efforts to catch up with Big Tech companies in the race to develop and deploy high-level AI models
Google says no 'straight line' between generative AI and unemployment — for now
29.4.2024
A new study published by Google highlighted the economic repercussions of generative AI and its probable influence on employment trends and workforce dynamics
Coca-Cola Invests $1.1 Billion in Collaborative Generative AI Project with Microsoft
24.4.2024
On April 23, Coca-Cola and Microsoft signed a $1.1 billion five-year collaboration agreement to analyse and incorporate the tech company's cloud and artificial intelligence (AI) applications throughout the Coca-Cola giant's international operations.
The post Coca-Cola Invests $1.1 Billion...
Coca‑Cola pours $1.1B into generative AI experiment with Microsoft
24.4.2024
Microsoft intends to use services like Azure OpenAI Service and Copilot for Microsoft 365 to help drive AI innovation for the Coca‑Cola Company and its network of independent bottlers worldwide
Theta Labs share EdgeCloud Q2 release details with Generative AI
9.4.2024
Theta Labs recently talked about its much-anticipated EdgeCloud Q2 release. The team is working to launch the v1 of EdgeCloud right now. The tool suite will enable researchers, enterprises, and developers to access the most effective GPU processing power. The power can be used for gaming tasks,...