Category: Google

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EU mulls more restrictive regulations for large AI models: Report

Negotiators in the EU are reportedly considering additional restrictions for large AI models, such as OpenAI’s ChatGPT-4, as a component of its coming AI Act. Representatives in the European Union are reportedly negotiating a plan for additional regulations on the largest artificial intelligence (AI) systems, according to a report from Bloomberg.  The European Commission, European…
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Google Assistant will soon incorporate Bard AI chat service

Google announced that its browser-based AI program, Bard, will be used by Google Assistant devices soon. Google Assistant will begin incorporating Google’s artificial intelligence (AI) chat service, Bard, into its responses “soon,” according to an Oct. 4 social media post from the development team.  Coming soon: #AssistantWithBard We can’t wait to show you our vision…
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Google Cloud is now a validator on the Polygon network

According to Polygon, “the same infrastructure used to power YouTube and Gmail” will help secure its network. Polygon Labs announced on Sept. 29 that Google Cloud has joined the Polygon proof-of-stake network as a validator.  Google Cloud joins over 100 other validators verifying transactions on its layer-2 Ethereum network. This month, @GoogleCloud became part of…
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Google and Microsoft-backed AI firm AlphaSense raises $150M at $2.5B valuation

AlphaSense’s client list now includes most of the S&P 500 and nearly every firm listed in the Dow 50. AlphaSense, a business-to-business artificial intelligence (AI) platform specializing in business intelligence and search, announced the successful completion of a $150 million Series E funding round led by Bond and joined by Google parent company Alphabet’s investment…
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AI music sending traditional industry into ‘panic,’ says new AI music platform CEO

Can Ansay, founder of AI streaming and marketplace platform Musixy, says AI-generated music is revolutionary, brings efficiency and lowers costs to productions. Artificial intelligence (AI) has been making waves in various industries across the globe. However, the conflict between its usefulness and its ability to infringe on intellectual property (IP) has been a particular struggle…
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Google Chrome launches built-in user tracking for advertisers

Chrome’s Privacy Sandbox tracks users’ behavior within the browser instead of relying on third-party cookies. Google Chrome launched its built-in tracking and ad-curation platform, “Privacy Sandbox,” on Sept. 7 for general availability, according to a company blog post. The platform was originally rolled out to a small percentage of users but is now available to…
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Google launches Digital Futures Project with $20M in grants to support ‘responsible AI’

The launch comes ahead of a series of AI forums to be hosted by U.S. Senate Majority Leader Chuck Schumer. Google and its charitable arm, Google.org, launched the Digital Futures Project, an initiative to study responsible artificial intelligence (AI) technologies, on Sept. 11.  The Mountain View company will invest a total of $20 million in…
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Crypto Biz: Coinbase’s lending bet, a new ads policy at Google and Marathon’s mining performance

This week’s Crypto Biz explores Coinbase’s lending platform, Marathon Digital’s latest Bitcoin mining report, Hana Bank’s move to offer crypto custody and Google’s new crypto ads policy. Crypto giant Coinbase seems to be strategically steering its ship amid constant crypto industry turbulence in 2023. The company recently unveiled its lending platform for institutional investors, aiming…
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Google will allow ads for NFT games starting Sept. 15

The new updates to the cryptocurrency ads policy allow for NFT gaming ads, provided the games and ads don’t promote gambling. Google has updated its cryptocurrency advertising policy to allow for blockchain-based nonfungible token (NFT) gaming advertisements as long as they don’t promote gambling or gambling services.  According to a blog post from Google, the…
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Bitcoin Miner Iris Energy Dives into Generative AI, Investing $10M in Nvidia GPUs Amidst Soaring Demand

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) as an enticing “additional opportunity.” From Bitcoin Mining ASICs…
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