Tag: AI

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Futureverse Raises $54 Million to Advance AI and Metaverse Integration

Futureverse, an AI and metaverse technology company, has raised $54 million in funding to support its mission of revolutionizing the metaverse with AI.  The funding round, led by 10T Holdings and with participation from Ripple, will enable Futureverse to develop exclusive AI content generation tools that enhance music, objects, characters, and animations within the future…
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Apple has its own GPT AI system but no stated plans for public release: Report

The Cupertino, California-based company reportedly developed an internal GPT system on Google infrastructure for employees to tinker with. Apple’s reportedly working on its own generative pre-trained transformer (GPT) artificial intelligence (AI) model. However, there’s no indication that the company has any plans to launch it to the public. Per a July 19 report from Bloomberg,…
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AI optimizing crypto exchange functions – Bitget exec

Artificial intelligence tools are providing solutions to various functions and departments within major cryptocurrency exchanges. Cryptocurrency exchanges are finding novel ways to improve internal departments and functions using artificial intelligence, according to Bitget managing director Gracy Chen. Speaking to Cointelegraph editor Zhiyuan Sun during EthCC in Paris, the exchange’s MD highlighted a number of ways…
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SEC Chair Advocates Increased AI Use for Market Surveillance and Enforcement

U.S. Securities and Exchange Commission Chairman Gary Gensler says the SEC could benefit from making greater use of artificial intelligence (AI) in several areas, including enforcement and market surveillance. However, he also raised a number of concerns associated with AI, emphasizing that the regulator is currently developing rules to address AI-related challenges. Gary Gensler on…
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AI signals vs. human intuition: Decision-making in crypto trading

AI and human intuition together can make for powerful trading tools. Traditionally, traders have relied on human-based pattern recognition and technical analysis, looking at the company’s financial health, competitors and other methods for determining what trades to make on an asset. However, with the growth of artificial intelligence (AI), there are additional ways that traders…
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AI proposal sparks conflict in Hollywood as SAG-AFTRA goes on strike

The AI proposal suggested that background performers should undergo scanning, receive payment for a single day, and grant companies complete ownership over the scan, image and likeness. Artificial intelligence (AI) has crept into another arm of Hollywood sending the industry back into an already established debate over its usage as Duncan Crabtree-Ireland, the Screen Actors…
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Report: Meta to release commercial AI tools to rival Google, OpenAI

Sources close to Meta have reportedly said the company plans to make a commercial version of its AI model to be more widely available and customizable. Meta plans to release a commercial version of its artificial intelligence (AI) model aiming to reach wider usage, according to a Financial Times report. The report contained details from…
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AI Coins Pump as Elon Musk Launches ChatGPT Competitor – Where Next for RNDR, FET and AGIX?

Cryptocurrencies that boast a strong artificial intelligence (AI)-linked use case, such as Render Network (RNDR), SingularityNET (AGIX) and Fetch.ai (FET) have seen a pump on Wednesday amid positive AI news. Twitter, Tesla and SpaceX CEO Elon Musk announced on Wednesday that he had launched a new generative AI start-up called xAI…. Read More: AI Coins…
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Google hit with lawsuit over new AI data scraping privacy policy

A week after Google updated its privacy policy to allow data scraping for AI training purposes the company is now facing a class action lawsuit. Google is now facing a lawsuit in the follow-up to its recent privacy policy update that accuses the tech giant of misusing large amounts of data, including copyrighted material in…
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High-skilled jobs most exposed to AI, impact still unknown — Report

A deep dive into global employment data and trends indicates that AI could impact high-skilled jobs the most. An employment outlook paper suggests that highly skilled professions are the most exposed to artificial intelligence, but its potential impact on employment is yet to be seen. The Organisation for Economic Co-operation and Development (OECD) has released…
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