Category: AI

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Crypto Biz: Global AI race ramps up, Winklevoss $100M loan to Gemini, and more

Recent days have seen new players emerge in the race for artificial intelligence, with business giants announcing AI initiatives. The artificial intelligence (AI) global race has taken on new players in the past days, with Twitter and Alibaba reportedly integrating the technology into their businesses. The Chinese giant is working on its own chatbot assistant,…
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Bias in AI: What can blockchains do to ensure fairness?

Experts believe that decentralized systems can help secure the integrity and objectivity of data being fed to AI systems, but there still exist very clear limitations. Projects rooted in artificial intelligence (AI) are fast becoming an integral part of the modern technological paradigm, aiding in decision-making processes across various sectors, from finance to healthcare. However,…
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Amazon launches new Bedrock AI service to take on Google and OpenAI

AWS is launching Bedrock, an AI service that will allow users to build out generative models from AI21 Labs, Anthropic, Stability AI and Amazon. Generative artificial intelligence models such as ChatGPT have taken the technology world by storm as they threaten to permeate the mainstream. With the announcement of Bedrock, it’s clear that Amazon is…
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Universal Music Group tells streaming services to block AI-generated music

Amid the current influx of AI-generated content, Universal Music Group told music streaming platforms like Spotify and Apple Music to block any AI-generated music. Content generated by artificial intelligence (AI) has been on the rise following the release of OpenAI’s latest version of their AI chatbot, ChatGPT-4, and others like it. However, not everyone has been in…
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Italy ChatGPT ban: Data watchdog demands transparency to lift restriction

The Italian regulator sets strict guidelines for OpenAI’s ChatGPT, mandating increased transparency and age verification measures to protect user privacy before lifting restrictions. Italy’s data protection agency, known as Garante, has specified the actions that OpenAI must take to revoke an order imposed on ChatGPT. The order was issued in March 2023. The watchdog suspected the…
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GPT-4 apps BabyAGI and AutoGPT could have disruptive implications for crypto

Crypto users are getting excited over the prospect of automating their trades with future-facing technologies built with the GPT-4 API. A recent spate of applications built on OpenAI’s GPT-4 API has the crypto community buzzing with designs toward the development of a fully-autonomous, self-correcting cryptocurrency trading bot. AutoGPT set to 100 runs. Goal: amalgamate best…
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AI-Focused Cryptogpt Raises $10 Million in Series A Funding to Expand Into Asian Markets

A Layer two (L2) project, called Cryptogpt, which leverages ZK-rollup technology and artificial intelligence (AI), has announced that its team has raised $10 million in capital from a Series A funding round. The crypto and AI firm disclosed that the new funds would be used to expand into the largest Asian markets, and the company…
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OpenAI finds fresh support from Japan amid global country-wide bans

Japan shows support for OpenAI’s ChatGPT chatbot amid country-wide bans and uncertainties worldwide. Japan has shown support for OpenAI amid a sea of bans by different countries and uncertainties for the artificial intelligence (AI) company. Chief Cabinet Secretary Hirokazu Matsuno stated on Monday, April 10, that Japan would contemplate incorporating AI technology into government systems,…
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Chatgpt Pretty Intelligent, Did Not Recommend Bitcoin, Peter Schiff Tweets

Economist Peter Schiff praised the artificial intelligence of the Chatgpt assistant for omitting bitcoin in a suggested “recession-proof” portfolio. The long-time gold proponent commented on a report claiming the chatbot has recommended “massive allocations” in precious metals. Schiff Cites Study Alleging Chatgpt Favors Gold and Cash as Investments in Recession Rigorous crypto opponent Peter Schiff…
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Midjourney AI users find workaround amid ban on Chinese President’s images

Midjourney AI bans the creation of Chinese President Xi Jinping’s images, but users find ways to create deepfakes. Midjourney, an artificial intelligence (AI) service that generates images from natural language descriptions, recently banned the making of pictures of Chinese President Xi Jinping, much to the dismay of its users. However, this ban does not deter…
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