Category: Technology

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Help or hindrance: Is Web3 really improving mainstream industry and products?

Web3 business models based around NFTs, blockchain and crypto have slowly been gaining ground in the mainstream, to mixed success. Web3 has been gaining ground in mainstream industries with the rise of Web3 business models based around nonfungible tokens (NFTs), blockchain technology and crypto. But it’s still an open question whether it’s actually improving mainstream…
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SafeMoon addresses recent exploits amid SEC charges

SafeMoon says it is closely examining the recent developments and will work to resolve the situation promptly. Decentralized finance project SafeMoon, which was charged by the United States Securities and Exchange Commission (SEC) for security rules violations and fraud, has said that it is closely examining recent developments and will work to resolve the situation…
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Ethereum’s Dencun Upgrade Faces Setback — Delay Amid Testing Requirements

The highly anticipated Dencun upgrade for the Ethereum blockchain won’t be making its debut in 2023 as initially expected. Ethereum’s core developers have decided to push back the upgrade’s release until at least 2024, a revelation made during the latest All Core Developers meeting. After the meeting, software developer Tim Beiko took to social media…
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Elon Musk’s X aims to revolutionize finance as a central hub

Elon Musk envisions X as an all-encompassing financial platform, embracing every aspect of users’ financial lives, from money and securities to eliminating the need for traditional bank accounts. Elon Musk’s venture, X (formerly known as Twitter), aims to position itself as a central financial hub, encouraging individuals to consider using X as their primary financial…
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New data poisoning tool would punish AI for scraping art without permission

The tool is currently in the research stage, but the team plans to integrate it with its existing artist protection tools. Researchers at the University of Chicago have developed a tool that gives artists the ability to “poison” their digital art in order to stop developers from training artificial intelligence (AI) systems on their work. …
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UK to target potential AI threats at planned November summit

The summit scheduled for Nov. 1–2 will place significant emphasis on the potential existential threat that AI represents, a concern shared by several legislators. The United Kingdom will be hosting the world’s inaugural international summit on artificial intelligence (AI) safety in November 2023. This event seeks to establish the U.K.’s presence as a mediator between…
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Nigerian gov supports AI initiatives with $290K in grants

The recently introduced Nigeria Artificial Intelligence Research Scheme is designed to facilitate the widespread utilization of AI to drive economic advancement. The Nigerian Minister of Communications, Innovation and Digital Economy, Bosun Tijani, revealed on Friday, Oct.13, that the government intends to grant 5 million naira ($6,444) to 45 artificial intelligence (AI)-focused startups and researchers. This initiative…
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Biden considers tightening AI chip controls to China via third parties

The additional restrictions being considered by the Biden administration would try to target ways Chinese developers could access U.S.-made AI semiconductor chips. The United States government is considering additional measures to curb Chinese developers from gaining access to artificial intelligence (AI) semiconductor chips made in the U.S. via third parties. According to a report from…
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China sets stricter rules for training generative AI models

The draft regulations emphasize that data subject to censorship on the Chinese internet should not serve as training material for these models. China has released draft security regulations for companies providing generative artificial intelligence (AI) services, encompassing restrictions on data sources used for AI model training. On Wednesday, Oct. 11, the proposed regulations were released…
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Google to protect users in AI copyright accusations

Google explicitly stated that only seven products fall under this legal protection, excluding Google’s Bard search tool. Google has announced its commitment to protect users of generative artificial intelligence (AI) systems within its Google Cloud and Workspace platforms in cases where they face allegations of intellectual property infringement. This move aligns Google with other companies, such…
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