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BRICS States Should Tackle AI Risks Together, Xi Jinping Says


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...

Amazon's First Official Fallout TV Show Artwork Is An AI-Looking Eyesore


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...

Market Strategist Draws Parallels Between Bitcoin and 1930 Stock Market Crash


Bloomberg Intelligence’s senior commodity strategist, Mike McGlone, has explained that bitcoin appears similar to the stock market in 1930. At that time, elevated equity prices led to the stock market losing almost 90%. The crash of 1929, also called the Great Crash, contributed to the Great...

Dubai to Subsidize Commercial Licenses for Web3 and AI Companies


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


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...

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