Tag: AI

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AI startup by ex-Meta and Google researchers raises $113M in seed funding

The company is on a hiring spree and on the lookout for researchers, software engineers and product developers in AI. A brand new artificial intelligence (AI) startup dedicated to rival ChatGPT creator, OpenAI, raised $113 million in seed funding, bringing up its valuation to $260 million within two months of inception. Former AI researchers —…
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The Sandbox is Going to Zero as the SEC Deems SAND to be a Security but This New AI Crypto Signals Platform May Be the Next Crypto to Explode – Here’s Why

SAND, the native token that powers The Sandbox’s decentralized crypto, non-fungible token (NFT) and blockchain-powered metaverse, took an absolute beating last week. When it hit fresh lows for the year just above $0.33 per token, the crypto token had lost a stunning nearly 50% of its value in less than seven days. Ultimately, SAND ended…
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Irish data watchdog blocks Google from launching Bard in the EU: Report

Google’s been forced to postpone the launch of its Bard AI service in the EU after Irish regulators accused it of failing to file the proper paperwork. The Irish Data Protection Commission (DPC) has reportedly blocked the launch of Google’s generative artificial intelligence (AI) service, Bard, in the European Union over privacy concerns.  Google launched…
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UN report highlights ‘serious and urgent’ concerns about AI deepfakes

The UN wants to address AI-generated fake news and information as the organization looks to bring in voluntary guidelines for the technology. The United Nations has called artificial intelligence-generated media a “serious and urgent” threat to information integrity, particularly on social media. In a June 12 report, the UN claimed the risk of disinformation online…
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UK to get ‘early or priority access’ to AI models from Google and OpenAI

It’s unclear at this time what access the U.K. will receive, but the reported commitment could be the first of its kind. British Prime Minister Rishi Sunak recently announced that Google DeepMind, OpenAI and Anthropic — three tech outfits widely considered the global industry leaders in generative artificial intelligence (AI) technologies — have agreed to…
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OpenAI CEO highlights South Korean chips sector for AI growth, investment

Sam Altman confirmed ongoing discussions with chipmaking companies like Samsung Electronics and expressed his willingness to further engage in the dialogue. Sam Altman, the CEO of ChatGPT developer OpenAI, met with South Korean President Yoon Suk Yeol on June 9 and urged South Korea to play a leading role in manufacturing the chips needed for…
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Crypto Biz: The SEC’s summer crackdown, Apple’s ‘spatial computing,’ and Mercado Bitcoin gears up

Along with the recent wave of lawsuits, this week’s Crypto Biz also explores Apple’s new headset, Brazil’s Mercado Bitcoin payments arm and how regulators are targeting AI-generated fake news. After a period of relative calm, the United States Securities and Exchange Commission (SEC) kicked off its summer crypto crackdown by targeting two major exchanges, Binance…
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US senators propose AI bills for transparency and innovation

The bipartisan bills target government transparency when using AI and the formation of a new Office of Global Competition Analysis to stay on top of innovation. Lawmakers in the United States have proposed two new bipartisan bills targeting issues of transparency and innovation in artificial intelligence (AI).  On June 8, Democratic Senator Gary Peters, and…
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Intuit introduces proprietary large language models for fintech with GenOS

Intuit is launching an operating system for generative artificial intelligence that will feature AI models trained on the company’s financial data. Fintech giant Intuit, whose product offerings include TurboTax, Mint, Credit Karma, Mailchimp and QuickBooks, recently expanded its software services platform to include GenOS, an operating system for generative artificial intelligence (AI) technologies.  According to…
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Google Cloud launches free courses to help users build their own GPT-style AI

The new corpus includes nine courses and a set of labs that students can complete to earn a Google Cloud skills badge. Google Cloud recently launched a suite of free online educational courses designed to teach the fundamentals of generative artificial intelligence (AI) systems, as well as provide an introduction to the Generative AI Studio…
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