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California AI bill aimed at preventing disasters draws ire from Silicon Valley
15.8.2024
Crypto VC giant a16z claims the AI legislation will “burden startups because of its arbitrary and shifting thresholds.”
Massive $593.5M Bitcoin Move: US Government Shifts Silk Road Stash to Coinbase Prime
14.8.2024
A transaction unearthed by Arkham Intelligence revealed that bitcoins linked to the Silk Road have been moved to Coinbase Prime. “10K Silk Road BTC ($593.5M) moved to Coinbase Prime,” Arkham posted on X. The firm further explained, “Wallet bc1ql received 10K BTC from a known...
UAE and UK Accounting Bodies Partner to Shape Digital Finance Future
13.8.2024
The Institute of Chartered Accountants in England and Wales (ICAEW) has partnered with the United Arab Emirates (UAE) Banks Federation to help businesses understand and adapt to the digital asset landscape. The partnership aims to support the UAE’s position as a global leader in digital...
Verofax Partners With Climate Tech Firm Netgreen to Power Global Reforestation Efforts
13.8.2024
Blockchain firm Verofax has teamed up with climate tech startup Netgreen to enhance global reforestation efforts. The partnership aims to create a transparent and efficient way for individuals to support tree-planting initiatives. This collaboration will also help track and measure carbon capture...
OpenAI fears people will forms bonds with the AI it developed to fool humans
11.8.2024
The warning shows that developers are aware that anthropomorphization is a legitimate concern in the AI industry
Quantum computers are advancing much faster than scientists expected
11.8.2024
Breakthroughs in scalability, error-correction, and infrastructure have led to an accelerated timeline for quantum advantage
IBM’s new ‘Lightweight Engine’ could be a game changer for fintech
10.8.2024
JP Morgan just rolled out ChatGPT to 60,000 employees, demonstrating the demand for generative AI in the financial services sector
Apple used Google’s chips to train its AI — where does that leave Nvidia?
10.8.2024
Nvidia’s shrinking market cap could signal a shift in the generative AI developer’s market
AI offerings are a bad joke, and investors aren't laughing
10.8.2024
Neither OpenAI nor other tech giants have produced systems capable of doing much, but that hasn't stopped them from pushing for massive new investments
Scientists illuminate a path to quantum AGI with new light-based chips
9.8.2024
Recent breakthroughs in photonic computing could finally make human-level AI possible
Bloomberg’s Mike McGlone: Recession Fears Could Drive Gold to $3,000
9.8.2024
In a recent interview with Kitco News, Mike McGlone, Senior Commodity Strategist at Bloomberg Intelligence, warned that the current economic situation might surpass the 2008 financial crisis in severity. Drawing comparisons to pre-2008 indicators, McGlone highlighted significant risks of increased...
Palantir surges 11% after deal to sell AI to US defense, intel agencies
9.8.2024
Palantir shares closed higher as the intelligence company announced a deal with Microsoft to sell AI services to the US intelligence community
Palantir surges 11% after deal to sell AI to US defense, intel agencies
9.8.2024
Palantir shares closed higher as the intelligence company announced a deal with Microsoft to sell AI services to the US intelligence community
OpenAI claims GPT-4o poses ‘medium risk’ of political persuasion
8.8.2024
On the bright side, the company says there’s little risk it’ll become sentient and begin updating itself
OpenAI claims GPT-4o poses ‘medium risk’ of political persuasion
8.8.2024
On the bright side, the company says there’s little risk it’ll become sentient and begin updating itself
XBOW automated AI hacker matches 20-year veteran pentester in 28 minutes
8.8.2024
An AI-powered penetration tester solved 88 out of 104 benchmark tests in 28 minutes. It took the best pentester 40 hours
XBOW automated AI hacker matches 20-year veteran pentester in 28 minutes
8.8.2024
An AI-powered penetration tester solved 88 out of 104 benchmark tests in 28 minutes. It took the best pentester in the experiment 40 hours to do the same
DOJ recommends harsher sentences AI-enhanced crimes
7.8.2024
Using AI to plan, commit, or help cover up a plan could lead to harsher sentencing in the US soon
DOJ recommends harsher sentences AI-enhanced crimes
7.8.2024
Using AI to plan, commit, or help cover up a plan could lead to harsher sentencing in the US soon
Binance Hit With $87 Million Tax Bill in India
6.8.2024
Global crypto exchange Binance has received a goods and services tax (GST) bill of Rs 722 crore ($87 million) in India for non-compliance with the country’s tax regulations. This is the first instance of a cryptocurrency firm facing such scrutiny in India. A source claimed that Binance earned...