Microsoft and LeverFi have joined forces to launch an AI-backed solution that aims to tackle the challenges facing the decentralized finance (DeFi) industry. The DeFi ecosystem is grappling with some significant challenges, including security hacks, poor risk management policies, and manual execution processes. These challenges have led to a lack of confidence among users and remain a major…
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Aptos (APT) has scored a major deal with tech giant Microsoft yesterday. However, the announcement of a “partnership” between Aptos Labs and tech giant Microsoft has raised eyebrows and ignited debates across the crypto community if this is just smoke and mirrors. With the APT token witnessing a surge of nearly 20% following the news,…
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The price of Aptos (APT), the native token of the layer-1 Aptos blockchain that was built by ex-Facebook employees behind the social media platform’s failed Libra/Deim blockchain project, surged on Wednesday on the news that Aptos has partnered with Microsoft to work on new artificial intelligence (AI) blockchain products. APT/USD was last trading with gains…
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According to Josh Gerben, the social media platform could be embroiled in lawsuits over its “X” branding for years, costing upward of millions of dollars. Josh Gerben, a trademark attorney with Gerben Intellectual Property, has suggested the company formerly known as Twitter could spend upward of $100 million in dealing with litigation as a result…
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Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________… Read More: Today in Crypto: Ankr and Matter Labs Launch zkSync Era Nodes & Hyperchain on Microsoft Azure Marketplace, Societe Generale-FORGE Gets First French Crypto Licence, Bitdeer Sits in 2nd-Highest Place in VanEck…
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As the EU works on its upcoming AI bill, executives from 160 companies in the industry drafted an open letter on the implications of too strict regulations. An open letter to lawmakers in the European Union was issued by more than 160 executives from tech companies around the world urging careful consideration of artificial intelligence…
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United States Senator Michael Bennet wrote a letter to major tech companies, including OpenAI and Google, to urge the labeling of AI-generated content. United States Senator Michael Bennet has urged tech companies to label AI-generated content and monitor any misleading content produced by artificial intelligence (AI). In a June 29 letter sent to executives of…
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The reported deal comes just a few days after CoreWeave announced an additional $200 million worth of funding via an extended Series B funding round. Microsoft has reportedly signed a deal with former Ethereum miner CoreWeave to use its cloud computing infrastructure to support its Artificial Intelligence-powered services. According to a June 1 report from…
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Eric Horvitz penned a blog post lauding the transformative nature of AI on the same day he cosigned a document warning it could threaten humanity’s very existence. Microsoft’s chief scientific officer, Eric Horvitz, believes artificial intelligence (AI) will allow future humans to flourish, but he’s apparently hedging his bets. Horvitz published a post entitled “Reflections…
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Artificial intelligence (AI) may the “the most consequential” technological change in our lifetime, and governments now need to learn how to control it, according to Microsoft President Brad Smith. Speaking at a panel discussion in Washington, D.C. on Thursday, Smith said that “government needs to move faster” to stay on top of the developments that…
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