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Intel shares jump 6% after plan to spin off AI chip-making arm
17.9.2024
Intel shares closed higher following a new plan to spin off its AI-focused foundry business into an independent subsidiary capable of raising outside funding.
Latam Insights Encore: Brazil Shows How States Should Keep an Eye on Crypto Usage for Nefarious Purposes
17.9.2024
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and cryptocurrency news from last week. In this edition, we discuss how Brazil is becoming an example of how states should enforce crypto compliance by battling tax evasion and pursuing money laundering groups...
AI scientists urge ‘contingency plan’ in case humans lose control of AI
17.9.2024
In an open letter, scientists shared worry that the loss of human control or malicious use of AI systems could lead to catastrophic outcomes for all of humanity.
UN Chief: Unregulated AI Threatens Democratic Systems
17.9.2024
UN Secretary-General António Guterres warned that unregulated artificial intelligence (AI) poses a risk to democratic systems, exacerbating disinformation and gender inequality. He urged countries to establish AI governance guidelines and promote responsible use. Guterres noted AI’s potential...
Reddit user claims ChatGPT initiated a conversation from previous info
16.9.2024
According to a recent report, OpenAI is currently trying to raise funds from private investors at a $150 billion corporate valuation
Kenya Acting to Curb AI Disinformation, President Ruto Says
14.9.2024
Kenyan President William Ruto announced measures to prevent artificial intelligence (AI) from spreading disinformation, alongside the launch of the Fifth National Action Plan on Open Government Partnership. The initiative aims to foster international cooperation for ethical AI use. This comes after...
AI Powerhouse Openai Reportedly Seeking to Raise $6.5 Billion at a $150 Billion Valuation
14.9.2024
Openai, the company at the center of the artificial intelligence (AI) revolution, is reportedly seeking to raise $6.5 billion from investors, reaching a valuation of $150 billion. According to Bloomberg, the funds would be used to support the need for computing power and other expenses, as stated...
‘Godmother of AI’ launches World Labs with $230M funding at $1B valuation
13.9.2024
The company’s focus will be on developing artificial intelligence with 3D perception
‘Godmother of AI’ launches World Labs with $230M funding at $1B valuation
13.9.2024
The company’s focus will be on developing artificial intelligence with 3D perception
Exploring the intersection of data, AI and blockchain with Chainbase COO
13.9.2024
Chainbase chief operating officer Chris Feng discusses how onchain data is evolving into a new asset class and how AI is reshaping the Web3 ecosystem
US and Africa Urged to Collaborate on AI Development
12.9.2024
A two-day pan-African AI conference was held in Lagos, Nigeria, co-hosted by the United States. The conference aimed to promote safe, secure, and trustworthy AI systems in Africa, with hundreds of attendees from various fields. U.S. Deputy Secretary of State Kurt Campbell emphasized the importance...
AI execs visit White House to discuss energy infrastructure
12.9.2024
According to a Goldman Sachs report, the demand for electrical power in the United States will grow approximately 2.4% by 2030
Consensys and Hashkey-backed $50M accelerator launches for CARV data layer
12.9.2024
Some of the CARV accelerator’s top partners already include Arweave, Litentry and Alibaba Cloud
China 6 months behind US on AI, says Google’s former region head
12.9.2024
The former president of Google China says he expects the AI-powered apps to take off much faster in China compared to the United States.
OpenAI to release ‘Strawberry’ reasoning for ChatGPT in coming weeks: Report
11.9.2024
OpenAI is set to introduce “Strawberry,” a new reasoning-focused AI model that enhances the AI’s ability to “think” before responding. Strawberry is expected to be released in the coming weeks
AI Tokens ICP, FET Buck Crypto Market Drop as Apple Flags Artificial Intelligence Foray
11.9.2024
The iPhone maker's "It's Glowtime" event on Monday focused on bringing AI capabilities to the smartphone
Spatial Computing Expert: AI Didn’t Contribute to Metaverse’s Decline
7.9.2024
Luis Oscar Ramirez, founder and CEO of Mawari, believes the idea that artificial intelligence (AI) has contributed to the decline in metaverse interest and investment is misguided. Instead, Ramirez said he sees AI as a powerful catalyst for metaverse innovation, enhancing user experiences...
ChatGPT maker’s business users top 1M, targets premium OpenAI subscriptions
7.9.2024
OpenAI is looking to introduce more expensive subscription plans for upcoming large-language models like the Strawberry and Orion AI models.
Serial Entrepreneur: Digital Ecosystem Favors Data Distributors Over Creators
7.9.2024
According to Victor Yu, co-founder of Carv, the current digital ecosystem favors data distributors over data creators. While he acknowledges the usefulness of regulatory frameworks like the General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA)in overseeing internet...
South Africa Leverages AI to Track Down Tax-Dodging Crypto Traders
6.9.2024
The South African government is tightening its grip on cryptocurrency trading. Tax authorities (SARS) are issuing tax notices and clarifying regulations, likely using AI to identify non-compliant traders. The central bank meanwhile has clarified rules for crypto purchases, allowing individuals...