Core Scientific, a leading Bitcoin mining firm in the U.S., is doubling down on providing its services to artificial intelligence (AI) companies as it tries to expand its operations and navigate the market challenges posed by the recent Bitcoin halving. On June 4, the company announced a $3.5 billion partnership ...
In a recent report, the Bank for International Settlements (BIS) revealed a significant trend among central banks toward adopting generative artificial intelligence (AI) to bolster cybersecurity measures. According to the report: "Cyber attacks are increasing in frequency and complexity, with the financial sector being a prime target. Central banks, responsible ...
Information is power; in the financial market, it is the key to profitability. The downshift from the ecstasy of profiting from a bull market, only to lose it all in a bear market, can be nightmarish. Traders often have to endure the trauma from lessons learned to overcome their losses ...
The U.S. government will now force agencies to increase reporting on AI usage as part of its extensive policy to curtail the risks introduced by technology. Vice President Kamala Harris, in a press briefing from the White House on Thursday, March 28, reiterated the government's commitment to responsible AI integration. ...
Shaktikanta Das, the Governor of the Reserve Bank of India (RBI), has put forth an innovative proposal to enhance India's payment ecosystem. The plan involves integrating an AI-powered conversational payment system into the country's unified payments interface (UPI). During a Monetary Policy Committee meeting on August 10, 2023, Governor Das ...
OKX Ventures, the investment division of the cryptocurrency exchange, has invested $1 million in a Hong Kong-based AI startup, Moonbox. Moonbox deals with artificial intelligence (AI) technology with a Web3 focus and intends to utilize this funding to accelerate product expansion and further develop its core technology. The company aims ...
Meta, the parent company of Facebook and Instagram, is making a strategic move to assert its dominance in the AI sector by introducing AI-powered chatbots with human-like personalities, according to a report by the Financial Times on August 1, 2023. The Financial Times, citing sources familiar with the matter, claimed ...
Dfinity Foundation has announced the launch of a $5 million grant program aimed at advancing artificial intelligence applications using blockchain and smart contracts. With a focus on decentralized AI projects, the program seeks to support developers, researchers, and entrepreneurs in this field, with particular attention given to the Internet Computer ...
Meta is reportedly planning to release a commercial version of its artificial intelligence (AI) model in a move aimed at expanding its use across different industries. The tech giant had previously released its large language model (LLM), LLaMa, in February 2023. This first version of the AI model was targeted ...
A new employment report published by the Organisation for Economic Co-operation and Development (OECD) has predicted that the emergence of new artificial intelligence (AI) technologies would have a significant impact on highly skilled occupations, even though the full extent of this impact is still unknown. 📈 Just released: OECD’s 2023 ...
