Tag: AI

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Today in Crypto: Mastercard to Start Testing Its Multi-Token Network This Summer, OKX’s Liquid Marketplace Exceeds $3BN in Trading Volume, Binance’s Institutional Clients Remain Optimistic on Crypto

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: Mastercard to Start Testing Its Multi-Token Network This Summer, OKX’s Liquid Marketplace Exceeds $3BN in Trading Volume, Binance’s Institutional Clients Remain Optimistic on Crypto  Read more »Sign up…
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AI Crypto Signals Platform yPredict Raises 2.6 Million After Introducing Artificial Intelligence Predictive Models – How Does it Work?

Industry-leading AI-powered crypto trading and market intelligence platform yPredict just hit a big milestone in its fundraising efforts. The web3 project’s presale just surpassed $2.6 million, with the project having recently unveiled a demo version of its first AI price prediction model…. Read More: AI Crypto Signals Platform yPredict Raises 2.6 Million After Introducing Artificial…
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The EU’s AI regulations sparked a letter signed by 160 tech execs

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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US senator pushes tech companies to label AI-generated content

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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FTX Pauses Sale of $500 Million Stake in AI Startup Anthropic

Failed crypto exchange FTX has unexpectedly halted the sale of its stake in the artificial intelligence (AI) startup Anthropic. The stock has been viewed as a source of funds that can be used to compensate customers who suffered losses as a result of the coin trading platform’s collapse. Cryptocurrency Exchange FTX Postpones Sale of Anthropic…
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Inflection AI raises $1.3B in funding led by Microsoft and NVIDIA

The company has raised $1.525 billion in funding since its inception last year. On June 29, Palo Alto-based Inflection AI announced the completion of a $1.3 billion raise led by Microsoft, Reid Hoffman, Bill Gates, Eric Schmidt, and NVIDIA. The new capital will be partly allocated to building a 22,000-unit NVIDIA H100 Tensor GPU cluster,…
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US considers tightening restrictions on AI chip exports

Officials in the United States are considering restricting the computing power of chips to lessen the flow of AI chips available in the Chinese market. Officials in the United States are mulling tighter controls on an export regulation created to minimize the availability of artificial intelligence (AI) chips to China.  According to sources close to…
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Paradigm Co-founder Matt Huang Deems AI ‘Too Interesting to Ignore’ but Remains Devoted to Crypto

Matt Huang, co-founder of crypto-focused investment firm Paradigm, says he is still devoted to crypto even though artificial intelligence (AI) in his opinion is “too interesting to ignore.” “We’ve never been more excited about crypto and we continue to invest across all stages,” Huang said Tuesday on Twitter, while adding “We’re also a group of…
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Girlfriends, murdered kids, assassin androids — is AI cursed?

Artificial intelligence has provided the world with tools that might make life easier. But there has also been a slew of disturbing developments. Is artificial intelligence (AI) cursed? It seems to be accelerating us toward a dystopia that humanity isn’t ready for. It’s true that AI has had positive effects for some people. Twitter hustlers…
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US House bans members from using all chatbots except ChatGPT Plus

The ban comes less than a week after the House proposed a bill to create a federal artificial intelligence commission. The United States House of Representatives recently adopted new rules banning all use of artificial intelligence (AI) large language models by members, with the sole exception of OpenAI’s ChatGPT Plus service.  According to a notice…
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