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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)...
Decentralized AI: Artificial Intelligence in Web3
31.8.2023
Over the last few years, we’ve seen two incredible technologies come to life and immediately take over the world with endless possibilities – artificial intelligence and Web3. Both are forces to be reckoned with, possessing the ability to reshape industries and redefine human-machine...
US Copyright Office issues notice of inquiry on artificial intelligence
30.8.2023
The inquiry seeks information and comment on issues related to the content AI produces and how policy makers should treat AI that imitates or mimics human artists
Consumer surveys show a growing distrust of AI and firms that use it
29.8.2023
A global consumer survey from Salesforce shows a growing distrust toward firms that use AI, while an Australian survey found most believe it creates more problems than it solves
Growing Use of AI in Making Web3 Games Hints at Accelerated Adoption of Blockchain — Cronos Labs MD
27.8.2023
The use of non-fungible tokens (NFTs) when launching Web3 games as well as developers’ emergence as experts at community management are some of the promising trends in blockchain gaming that can accelerate mass adoption, Ken Timsit, the managing director (MD) at Cronos Labs, has said. Timsit...
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.”
Amazon's First Official Fallout TV Show Artwork Is An AI-Looking Eyesore
25.8.2023
Amazon recently revealed that its Fallout TV show will begin streaming in 2024 by tweeting a 1950s-looking postcard from Los Angeles, California with Pip Boy giving the thumbs up. Upon closer inspection, fans have noticed a lot of weird anomalies that have some thinking it might actually...
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-Related Tokens Hold Gains After Nvidia's Big Beat Solidifies Bullish Outlook
23.8.2023
The tokens such as FET, GRT, AGIX rose/fell tktk
Nvidia's Make-or-Break Earnings Could Be Huge for AI-Tied Crypto Tokens
23.8.2023
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...
Crypto miner Hive Digital CEO sees AI working in unison with blockchain
22.8.2023
Despite the competition between the two sectors, Hive Digital Technologies CEO Aydin Kilic said that blockchain and AI can work to the benefit of each other
Crypto Miners Are Attempting to Diversify Into Other Business Areas: JPMorgan
21.8.2023
Miners are now offering high performance computing services to the rapidly evolving artificial intelligence market, the report said
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...
Microsoft and LeverFi Launch AI-Backed Solution to Overcome DeFi Challenges
17.8.2023
Microsoft and LeverFi have joined forces to launch an AI-backed solution that aims to tackle the challenges facing the decentralized finance (DeFi) industry.
The DeFi ecosystem is grappling with some significant challenges, including security hacks, poor risk management policies, and manual...
US House Democratic coalition creates AI working group
16.8.2023
Representative Derek Kilmer will chair the Artificial Intelligence Working Group, which is aimed at introducing “sensible, bipartisan” policies for AI technology
Artificial Intelligence Trend is Accelerating With ‘Lion’s Share’ in the U.S.: Morgan Stanley
15.8.2023
The banking giant said in a report that around 15% of companies quantified a revenue or cost-benefit from applying machine learning in the first half of the year
Researchers Deploy AI to Uncover Crypto Giveaway Scam Schemes on Twitter
12.8.2023
Researchers at San Diego State University have developed an artificial intelligence (AI) system to detect and expose cryptocurrency giveaway scams on Twitter.
Dubbed GiveawayScamHunter, the automated system has identified a staggering 95,111 scam lists created by 87,617 accounts on the social...
Pentagon forms ‘Task Force Lima’ to map generative AI for US defense
11.8.2023
Task Force Lima will look into how artificial intelligence can be used across the U.S. defense, including warfighting capabilities