Zurich, Thursday, December 28, 2023 – In a significant advance in robot learning and control, researchers at ETH Zurich have unveiled CyberRunner, an AI-powered robot that outperforms humans in navigating real-world mazes, on Monday, December 18 This achievement could pave the way for robots with greater adaptability and efficiency in tasks requiring spatial reasoning and […]
Menlo Park, California Wednesday, August 09 – Hot on the heels of DoorDash integrating AI tech into their App, Uber Technologies Inc. also claimed it was developing an AI-powered chatbot to integrate into its app, Bloomberg reported on August 4. By taking this action, Uber will become one of the companies incorporating the language tool […]
SAN FRANCISCO, Thursday, July 25, 2024-Alphabet, Google’s parent company, reported better-than-expected quarterly earnings Tuesday, boosted by strong growth in digital advertising and cloud computing. Alphabets Q2 reports can be accessed here. According to the report revenue climbed 14% to $84.74 billion in the April-June period, topping Wall Street forecasts. Net income jumped 28.6% to $23.6 […]
San Francisco, Friday, September 27, 2024-OpenAI CEO Sam Altman has firmly denied reports suggesting that he plans to receive a substantial equity stake in the company. During an all-hands meeting on Thursday, Altman addressed investor concerns, stating that the claims are “just not true.” His comments come at a time when OpenAI is navigating leadership […]
Seattle, Washington, Friday, June 28, 2024 – In a move suggesting its entry into the competitive AI assistant market, Amazon is reportedly developing a new chatbot codenamed “Metis.” The project, according to sources familiar with the matter, aims to rival OpenAI’s popular ChatGPT. The potential launch of Metis in September 2024, coinciding with Amazon’s annual […]
San Francisco, USA: October 30, 2023: Google has agreed to invest $2 billion in Anthropic, an artificial intelligence startup founded by former OpenAI engineers. The investment is seen as a sign of Google’s commitment to artificial intelligence research and development. Anthropic is an independent artificial intelligence research and development company. It was founded in 2021 […]
Cupertino, California, Tuesday, June 11, 2024- Apple’s annual Worldwide Developers Conference (WWDC), which started yesterday (June 10), in Cupertino, California had one big unApple thing-more customizable UI on its iPhone OS. The tech giant kicked things off with a keynote event touting the new features that are coming to its devices running on iOS 18, […]
CUPERTINO, California, Thursday, March 28, 2024 – Apple is reportedly in advanced discussions with Google regarding the potential integration of Google’s powerful Gemini AI models into iPhones, according to a Bloomberg report. This speculation, if successful, would mark a significant departure for both technology giants, as Apple traditionally prioritizes developing its own proprietary technologies. While […]
CUPERTINO, Calif. Monday, March 25, 2024 – Apple has acquired a Canadian artificial intelligence startup, DarwinAI, in a move seen as a strategic step to bolster its AI capabilities ahead of the major iOS 18 launch. While specific details of the deal remain undisclosed, the acquisition was confirmed earlier this year. DarwinAI, known for its […]
San Francisco, Thursday, September 12, 2024-Apple on Monday introduced its latest smartphones, the iPhone 16 Pro and iPhone 16 Pro Max. Apple officially launched the highly anticipated iPhone 16 series at the Glowtime Event 2024, held at its Cupertino Park headquarters in California on Monday. Reviews of the devices are yet come The new phone was met […]
Canberra, Friday, September 06, 2024 – Australia has introduced a non-legally binding artificial intelligence (AI) framework aimed at ensuring ethical and responsible AI use. Released Wednesday, the guidelines outline ten principles focused on risk management, transparency, human oversight, and fairness. Though voluntary, the framework is modeled after international standards, especially the European Union’s. The guidelines […]
New York, Monday, September 30, 2024-Co-founder of Binance Changpeng Zhao was released from a US correctional facility on September 27 after serving a four-month sentence on September 27, Bloomberg reported. Zhao had been detained following a plea deal that resulted in a $4.3 billion fine for Binance due to compliance failures allowing illicit transactions. Additionally, […]
NEW YORK, Wednesday, September 18, 2024- A consortium of tech giants and financial firms, led by BlackRock and Microsoft, has announced the formation of a $30 billion investment fund dedicated to artificial intelligence (AI) infrastructure, reports said. The Global AI Infrastructure Investment Partnership (GAIIP) will focus on building data centers and supporting power infrastructure, essential […]
Dover, DE, Tuesday, April 09, 2024- ChainGPT, a company offering AI-powered Web3 infrastructure, has launched a $1 million grant program to bolster innovation at the intersection of artificial intelligence (AI) and Web3 technologies. Web3 refers to a decentralized version of the internet built on blockchain technology, while AI encompasses intelligent machines that can learn and […]
New York, Wednesday, July 10, 2024 – ChainGPT, a provider of AI-powered infrastructure for crypto, blockchain, and web3, has announced significant updates to its AI NFT Generator platform. These enhancements aim to improve user experience by offering increased flexibility, functionality, and security measures. In response to user feedback, ChainGPT now supports crypto payments through the […]
Thursday, May 30, 2024 – ChainML, the Web3-based AI research and development company, secured $6.2 million in a seed extension round that concluded last year. The funding round was led by Hack VC, and several venture capital firms—Foresight Ventures, Inception Capital, HTX Ventures, Figment Capital, Hypersphere Ventures, and Alumni Ventures—have participated. The leading investor in […]
London, Thursday, June 6, 2024 – A promotional seminar targeting the second China International Supply Chain Expo (CISCE) was held on May 24, 2024, in London. Over 150 representatives from UK and Chinese firms, enterprises, and media companies have participated in the seminar. The second CISCE will be held in Beijing from November 26 to […]
Wednesday, June 12, 2024 – Cisco Investments said that it had launched a $1 billion AI investment fund on June 4, 2024, to strengthen AI startups and expand trustworthy AI ecosystems. Cohere, the firm that provides large language models (LLMs), Mistral AI, the company that designs generative AI models, and Scale AI, a US-based company […]
New York, Monday, September 16, 2024-The cryptocurrency industry has emerged as the second most targeted sector for identity fraud in Q2 2024, according to a report by AU10TIX released on September 11. The report reveals that nearly 29% of global identity fraud attempts targeted crypto platforms, trailing only the payments sector, which accounted for 52% […]
SingularityNET is a decentralized AI marketplace that leverages Blockchain technology to provide open access to algorithms and applications. It aims to develop Artificial General Intelligence (AGI) with extensive capabilities. Founded in 2017 by Dr. Ben Goertzel and Dr. David Hanson, the platform gained attention through Sophia, a humanoid robot created by Hanson Robotics. While Sophia’s […]
London, Thursday, March 14, 2024– DeFiQuant, an artificial intelligence-based company, announced on March 2, 2024, the launch of an AI-based trading bot to formulate new standards in the automated trading bot industry, driving the crypto space to the next level, aligning with artificial intelligence and personalized investment plans. The inventive tool is benefited by the […]
California, Tuesday, March 05, 2024 – Elon Musk filed a lawsuit on February 29, 2024, in the California state court against OpenAI, the artificial intelligence research company he co-founded in 2015, and its CEO, Sam Altman. Musk says he felt betrayed as he made a substantial donation of $50 million to assist OpenAI in its […]
BRUSSELS, Tuesday, December 12, 2023 – The European Union has agreed on the world’s strictest rules for artificial intelligence, in a landmark move that could shape the development and deployment of the technology globally. The AI Act, which was approved by EU lawmakers after months of negotiations, sets out a risk-based framework for regulating AI […]
BRUSSELS, July 31, 2023 – The European Union’s proposed regulation of artificial intelligence (AI) is sparking debate, with some experts arguing that it is too restrictive and others saying that it is not strict enough. The proposed regulation, known as the AI Act, would classify AI systems according to their risk level and impose different […]
A digital twin is a computer-generated replica of a physical object or system. This digital copy accurately models a real-world entity, such as a wind turbine or an entire city, and allows for the simulation and analysis of its physical behavior. Although the concept of digital twins has existed for several decades, advancements in technology, […]
DUBAI, United Arab Emirates, Monday, October 28, 2024- The Global AI Show, scheduled on December 12 and 13 is expected to convene more than 3,000 executives, 200 startups, and 75 industry leaders to explore artificial intelligence’s impact across sectors from healthcare to finance. With top speakers, including Dr Mohammed Al Kuwaiti, head of the UAE […]
New York, Tuesday, July 23, 2024 – Grayscale Investments, the world’s largest crypto asset manager announced on July 19 that it had launched the Grayscale Decentralized AI Fund.Grayscale’s website on the Fund can be reached here. This innovative offering allows accredited investors to tap into the cryptocurrency ecosystem’s burgeoning decentralized AI (DAI) sector. The fund […]
New York, Thursday, March 21, 2024 – Hivemind Capital Partners announced on March 13, 2024, the launch of the Digital Culture Fund, a collection of well-shaped generative art and digital culture that would highlight digital art trends. Institutional investors would be given this novel experience to unite with the surging market. It is reported that […]
New Delhi, Wednesday, March 13, 2024– The IT ministry in India stated in an advisory on March 1, 2024, that approval is mandatory for the artificial intelligence (AI) tools that are under trial before they are released to the public. The tools should be equipped with accurate answers to the questions asked by users, as […]
Until a few years ago, Artificial Intelligence or AI felt like something only in the movies or something that won’t come around anytime soon. But unbeknownst to the general public, there has been major research and development in the field of AI. The research mentioned above has come to fruition and taken the digital world […]
New York, Friday, September 06, 2024- Apple’s highly anticipated iPhone 16 event is set for Sunday September 9, where the tech giant is expected to unveil its latest smartphone lineup, as well as iOS 18 and Apple Intelligence. The event, themed “It’s Glowtime,” will be livestreamed at 10 a.m. PT on Apple’s website and YouTube. At […]
Washington, Tuesday, September 10, 2024 – Vice President Kamala Harris unveiled her policy positions for her presidential campaign yesterday, but the list notably excludes any mention of cryptocurrencies, reports said. While Harris has committed to supporting “American innovation and workers,” focusing on sectors like artificial intelligence, she has remained silent on the growing cryptocurrency industry […]
Picture a realm where you could conduct a corporate rendezvous with a colleague while suspended in the farthest reaches of space, record lecture notes while basking in a breathtaking sunset, or even surpass that by instantaneously traveling from one corner of the planet to another. The Metaverse presents a notion that permits you to immerse […]
Thursday, June 20, 2024 – Recall that the AI-powered feature of tracking a computer’s web data will not be initiated by Microsoft with the Copilot+PC launch on June 18, 2024, due to privacy risks; instead, it will be a preview with the WIP community, Reuters announced on June 15, 2024. The user activities, starting from […]
London, Thursday, November 30, 2023 – Microsoft has announced a $3.2 billion investment in the UK’s artificial intelligence (AI) infrastructure, its largest investment in the country to date. The investment aims to construct new data centers and bolster the company’s cloud computing infrastructure in the UK. This strategic move is in harmony with Microsoft’s overarching […]
Paris, France, Friday, December 8, 2023- In a major boost for Europe’s expanding artificial intelligence (AI) scene, The French company, Mistral, announced a €2 billion valuation following its recent funding round. The hefty price tag, which includes the money raised, pushes the Paris-based company to the forefront of the global AI race and is seen as […]
SAN FRANCISCO, Monday, June 17, 2024 – Elon Musk on June 11 abruptly dropped his lawsuit against OpenAI, the artificial intelligence research company he co-founded, after OpenAI released emails contradicting his claims. The emails were released by OpenAI during the short period during which Musk was ousted as CEO of the company. His lawyers did […]
Austin, Texas, Wednesday, November 29 – Elon Musk’s X-linked artificial intelligence (AI) modeler, xAI, has filed a Form D with the Securities and Exchange Commission (SEC) to raise $1 billion in a private sale of unregistered securities. The filing indicates that xAI has already secured $134.7 million in investments, with the first sale taking place […]
Finance… the backbone of the global economy, provides the means for individuals, businesses, and governments to manage their financial resources. The financial system, which includes banks, insurance companies, and other financial institutions, provides services such as lending, borrowing, and risk management and facilitates the flow of capital throughout the economy. Without a well-functioning financial system, […]
New York, Monday, March 18, 2024 –NORQUE, a new player in the blockchain space, is making bold claims about transforming the landscape of blockchain technology, cryptocurrency, the metaverse, and artificial intelligence (AI). NORQUE, a recently launched project, promises to revolutionize the interaction between blockchain technology, cryptocurrency, the metaverse, and artificial intelligence (AI). Details regarding NORQUE’s […]
Santa Clara, California, Monday, March 25, 2024- Chipmaker giant Nvidia on March 18 announced its next generation of artificial intelligence (AI) chips, promising a significant leap forward in computing power for AI applications. The new chips, codenamed Blackwell, are designed to address the ever-growing demands of tasks like training massive language models, powering complex simulations, […]
SAN FRANCISCO, Thursday, June 20, 2024- In a significant shift within the technology sector, chipmaker Nvidia on Tuesday surpassed Microsoft to become the world’s most valuable company by market capitalization. In June first week Tesla CEO Elon Musk also pledged that he would buy USD 9 bn worth of chips from Nvidia. On June 13, […]
WASHINGTON, DC Sunday, November 26—The United States, Britain, and 16 other countries have, on Sunday, November 26, signed a Declaration on Advancing Responsible AI Development and Use. The countries said the move was to safeguard Artificial Intelligence (AI) from misuse and potential harm. This agreement outlines a shared commitment to promoting the development and deployment […]
New York, Thursday, October 3, 2024-OpenAI has announced that it had secured $6.6 billion in new funding from key investors, including Microsoft, Nvidia, Thrive Capital, and Khosla Ventures. The funding could push OpenAI’s valuation to $157 billion, making it one of the most valuable private companies globally. Thrive Capital led the round with a $1.2 […]
REDWOOD CITY, Calif. and Redmond, Wash. (Nov. 22, 2023) In a surprising turn of events, OpenAI, the renowned AI research lab, has reappointed Sam Altman as its CEO, just days after his abrupt dismissal. Over the weekend, Altman was fired as CEO of OpenAI and later, it was learned that Microsoft had taken him. OpenAI […]
SAN FRANCISCO, CA, Friday, May 31, 2024– Popular tech giant leading in the AI technology OpenAI, said on its blog post on Thursday, May 30 that it had foiled five covert influence operations (IO) attempting to misuse its AI models in the past three months. The disrupted operations originated from various countries, including Russia, China, […]
SAN FRANCISCO, Friday, July 26, 2024- OpenAI unveiled a new search engine prototype on Thursday that aims to challenge Google’s dominance by using artificial intelligence to provide quick, accurate answers to user queries. SearchGPT, as the tool is called, is designed to combine the power of AI with real-time web data to deliver more relevant […]
New York, NY – November 30, 2023 –Global tech giant IBM today announced the expansion of its geospatial AI technologies to address critical environmental challenges. IBM said it is using AI applications to tackle a wide range of climate-related issues, leveraging its geospatial foundation model developed in collaboration with NASA. “This will include monitoring extreme […]
San Francisco, Thursday, September 26, 2024 –CEO of OpenAI Sam Altman is set to receive equity in the company for the first time as part of a significant restructuring, reports say. OpenAI, the company behind ChatGPT, is going through a restructuring process from a non-profit to a for-profit benefit corporation. While the non-profit entity will […]
San Francisco, Monday, November 06: Elon Musk’s artificial intelligence company, xAI, has unveiled its first AI model, on Friday, November 4, 2023. Grok is a Large Language Model with real-time access to information through xAI’s social media platform, X (formerly Twitter), providing it with a unique edge over other language models. Musk expressed his admiration […]
Catenaa, Sunday, November 17, 2024-SingularityNET, a decentralized AI network, and the ASI Alliance have launched AIRIS, the first self-learning proto-AGI, within Minecraft. Unlike traditional game AI, AIRIS adapts and creates its own rules in real time, evolving through experiences and challenges within the game. AIRIS—short for Autonomous Intelligent Reinforcement Inferred Symbolism—works autonomously without pre-set rules, […]
Toronto, Canada, Wednesday, August 28, 2024- A new study has linked cryptocurrency ownership to certain personality traits, including psychopathy, narcissism, Machiavellianism, and sadism. Researchers at the University of Toronto and the University of Miami surveyed 2,001 American adults to examine the relationship between cryptocurrency ownership and various psychological and social characteristics. However, the researchers cautioned […]
Taipei, Thursday, November 07, 2024 – Taiwan Semiconductor Manufacturing Co. (TSMC) is set to double its production capacity for advanced chip packaging by 2025, a move driven by escalating demand for artificial intelligence (AI) chips from tech giants like Nvidia, Microsoft, Amazon, and Alphabet. The company’s advanced Chip-on-Wafer-on-Substrate (CoWoS) packaging technology is increasingly sought after […]
United Nations General Assembly adopted its first-ever resolution on AI on March 21 UNITED NATIONS, Monday, April 1, 2024- In a significant step towards governing the development and use of artificial intelligence (AI), the United Nations General Assembly adopted a landmark resolution on Thursday, March 21, 2024.. The resolution, spearheaded by the United States and […]
You may have heard the term “proof of work” in relation to cryptocurrencies like Bitcoin. Proof of work(POW) is a system that verifies transactions on a blockchain network. It’s an essential part of the network’s security and is used to prevent fraud. Blockchain Consensus is a type of consensus algorithm that is used in blockchain […]
Washington, DC, Friday, April 13, 2024 – A Memorandum of Understanding (MOU) with the prospective of strengthening the infrastructure of AI models and researching, evaluating and guiding AI safety was signed on March 20, 2024, partnering U.S. and UK AI Safety Institutes. The alliance was formed due to several commitments made at the AI Safety […]
Washington, DC, Tuesday, August 13, 2024-The US Senate today passed the DEFIANCE Act, which targets non-consensual pornography created through digital forgeries.The text of the Bill can be reached here. The bill dubbed DEFIANCE Act (Disrupt Explicit Forged Images And Non-Consensual Edits) aims to provide legal recourse for victims of these harmful and deceptive practices. The […]
New York, Tuesday, October 22, 2024-The US government yesterday announced that it is finalizing rules to ban specific investments in artificial intelligence (AI) in China. The move, which also requires US investors to notify the Treasury Department about certain investments in sensitive technologies, follows an executive order signed by President Joe Biden in August 2023. […]
New York, Thursday, October 24, 2024-The US Department of the Treasury used machine learning AI to detect and recover more than $4 billion in fraudulent or improper payments in 2024, a dramatic six-fold increase from $652.7 million in 2023. The Treasury’s Office of Payment Integrity (OPI), part of the Bureau of the Fiscal Service, credits […]
SAN FRANCISCO, Tuesday, July 30, 2024- Visa Inc. has successfully deployed artificial intelligence to prevent a staggering $40 billion in fraudulent transactions over the past year, a company executive said Thursday. The payment giant’s use of AI and machine learning has been instrumental in combating a surge in cybercrime that has nearly doubled in recent […]
October 23, 2023: Meta, the parent company of Facebook and Instagram, announced the progress of its AI model called Imagen, which is capable of generating realistic images from text descriptions. It said that the model was trained on a massive dataset of images and text, and it can create images in various styles, including photorealistic, […]