The Australian government is set to launch a National AI Capability Plan to strengthen the country’s artificial intelligence (AI) industry, which is projected to contribute significantly to the economy by 2030. However, industry leaders have urged a faster timeline,...
The G20's Financial Stability Board (FSB) have raised issues about the implications of artificial intelligence (AI) on the stability of the global financial sector. In its recent report, the Board highlighted AI's transformative potential and identified significant risks that...
The G20's Financial Stability Board (FSB) have raised issues about the implications of artificial intelligence (AI) on the stability of the global financial sector. In its recent report, the Board highlighted AI's transformative potential and identified significant risks that...
DeFi changes how we handle money - banks, payment processors and almost all financial intermediaries we use today will become obsolete, practically, with DeFi. But this shifts the responsibility of securing our money to us and the platforms we...
The Hong Kong government is preparing to issue its first policy statement on the use of artificial intelligence (AI) in the financial sector. The region's Financial Services and Treasury Bureau (FSTB) is currently drafting a framework focused on the...
Tether, the leading stablecoin issuer by market capitalization, is setting its sights on the artificial intelligence (AI) sector to challenge tech giants like Microsoft and Amazon, according to CEO Paolo Ardoino. In a recent WIRED interview, Ardoino outlined Tether's...
Artificial intelligence (AI) has emerged as a transformative force across various industries, promising to revolutionize tasks, boost efficiency, and drive innovation. From healthcare diagnostics to financial forecasting, autonomous vehicles to manufacturing optimization, AI's potential seems boundless. However, as investments...
A new legislative effort led by U.S. Senators Maria Cantwell (D-WA), Marsha Blackburn (R-TN), and Martin Heinrich (D-NM) seeks to tackle the misuse of artificial intelligence (AI) deepfakes by mandating the watermarking of such content. The proposed bill, named...
Microsoft has reportedly decided not to join OpenAI's board amid escalating regulatory scrutiny of the Artificial Intelligence(AI) firm. According to Bloomberg, the tech giant communicated this decision in a recent letter to the OpenAI board. In the letter, Microsoft...
Stephen Fideisen, a YouTuber better known as Coffeezilla, has levelled explosive allegations of a multi-million dollar scam against AI company Rabbit Incorporation. In a recent video, Coffeezilla claims that Rabbit, previously known as Cyber Manufacture Co, orchestrated an NFT...
