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Northern Data Secures $600 Million Loan From Tether Amidst AI Hardware Investment Spree
3.11.2023
Northern Data Group has confirmed a €575 million ($610M) debt financing from Tether Group, a signal of heightened activity in the high-performance computing sector responding to the artificial intelligence (AI) demand surge. The firm detailed that the funding is poised to advance Northern...
Crypto Billionaire’s Nonprofit Acquires $500M Worth of AI Chips for Generative AI
1.11.2023
Crypto billionaire Jed McCaleb, known as a co-founder major crypto companies like Stellar, Ripple, and Mt Gox, has launched a nonprofit with a mission to empower the development of generative AI. This nonprofit, registered in the US as a 501(c)(3) organization, recently purchased 24,000 Nvidia H100...
AI chatbots are illegally ripping off copyrighted news, says media group
1.11.2023
AI developers are taking revenue, data and users away from news publications by building competing products, the News Media Alliance claims
Ubisoft Using AI-Generated Assassin’s Creed Art Amid Cost Cutting
31.10.2023
Happy Halloween! Ubisoft Netherlands invites you to celebrate the spooky festivities with AI-generated Assassin’s Creed art. Terrifying indeed!Read more
Anthropic’s $2 Billion Deal With Google Brings Hope to FTX Creditors
29.10.2023
A few weeks back, a coalition of creditors from FTX, known as the “FTX 2.0 Coalition,” shed light on how the defunct exchange’s vested interest in Anthropic could significantly enhance their compensation. Now, Anthropic has successfully secured $2 billion in funding from Google....
China sets stricter rules for training generative AI models
13.10.2023
The draft regulations emphasize that data subject to censorship on the Chinese internet should not serve as training material for these models
US Space Force pauses use of ChatGPT-like tools due to security fears: Report
13.10.2023
At least 500 Space Force staff members have been affected, according to the department’s former chief software officer
Prosecutors Seek to Exclude AI Startup Anthropic’s Valuation From Bankman-Fried Trial
9.10.2023
Amidst widespread media coverage highlighting Anthropic, the startup behind the generative artificial intelligence (AI) chatbot Claude and its pending multi-billion-dollar infusion, federal prosecutors overseeing the Sam Bankman-Fried case are pushing to sideline this subject during the trial....
Pioneering generative artist propelled by personal tragedy — Matt Kane, NFT Creator
5.10.2023
American artist Matt Kane codes a lunar calendar onto the blockchain, inspired by cavemen during prehistoric times
Microsoft Bing AI Generates Images Of Kirby Doing 9/11
4.10.2023
Microsoft’s Bing Image Creator creator has been around since March, using “AI” technology to generate images based on whatever the user types. You never know where this sort of thing might lead, though, and in recent weeks users have been using the tool to create images of Kirby and other popular...
Future of payments: Visa to invest $100M in generative AI
3.10.2023
Visa says it was one of the first firms in the world to pioneer AI in payments, deploying AI-based technology for risk and fraud management in 1993
US Spy Agency Plans to Launch Generative AI Tool to Amplify Intelligence Gathering
29.9.2023
Reports indicate that the U.S. Central Intelligence Agency is poised to unveil a generative artificial intelligence (AI) tool, akin to Openai’s Chatgpt, to significantly enhance investigative efforts. Randy Nixon, the head of the CIA’s Open-Source Enterprise division, explained that this...
Amazon to Invest up to $4 Billion in AI Firm Anthropic
27.9.2023
Amazon, the worldwide tech behemoth, has announced that it will invest up to $4 billion in Anthropic, an artificial intelligence (AI) firm that has developed Claude, a generative AI assistant. As part of this strategic partnership, Anthropic will train its models on top of Amazon silicon,...
Video Game Voice Actors Are Ready To Strike Over AI. Here’s Why
26.9.2023
Sarah Elmaleh didn’t expect to find herself on the frontlines of a medium-defining fight over the use of AI in game development when she entered the video game industry over a decade ago. The voice of Katie in 2012’s seminal indie hit Gone Home, Elmaleh arrived in California just in time for...
NFT Collector: William Mapan explains generative art using a crayon and dice
21.9.2023
What even is generative art? William Mapan, whose 250-piece Distance collection just sold out at 2ETH each, explains using a crayon and die
IMF Publications’ Report Highlights Growing Risks of Generative AI in Financial Sector
12.9.2023
As artificial intelligence (AI) continues its expansion into the finance sector, a new report published on the International Monetary Fund (IMF) Publications web portal cautions about risks associated with the latest AI capabilities in the financial world. The Rise of Thinking Machines: Report...
Blockchain Firm Raises Millions From Andreessen Horowitz, Paris Hilton to Help Monetize AI Mashups
7.9.2023
Investors led by Andreessen Horowitz have backed a company that has set out to help content creators monetize their work in the age of artificial intelligence (AI). The tech firm intends to employ blockchain technology to track remixes and mashups that have been spreading online since the invent...
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)...
Iris Energy buys 248 Nvidia GPUs worth $10M for generative AI & Bitcoin mining
29.8.2023
Iris Energy has invested $10 million in the latest generation Nvidia GPUs to explore generative AI while it continues to focus on Bitcoin mining
Naver Corp unveils South Korea's answer to ChatGPT and generative AI
24.8.2023
South Korean internet giant Naver Corp. has released CLOVA X, a Korean language chatbot similar to ChatGPT that can have conversations and summarize text