Amazon Web Services (AWS) – the cloud unit of the e-commerce giant – said it will distribute $100 million for a center to help entities employ generative artificial intelligence (AI). Microsoft and Google – two other giant corporations – have made even bigger investments in AI. AWS’ CEO Adam Selipsky revealed the plans in a...Read More
The oldest tennis tournament – the Wimbledon Championships (simply known as Wimbledon) – will introduce artificial intelligence-based audio commentary and player analysis for this year’s competition. The initiative comes after a collaboration between International Business Machines (IBM) and The All England Lawn Tennis Club. New Feature for Fans As revealed by IBM, the upcoming tool will...Read More
On June 20, institutional-grade Bitcoin mining firm Iris Energy announced an expansion plan to 9.1 EH/s (exahashes per second) from its current 5.6 EH/s. It also stated that there would be a “revitalization” of its high-performance computing (“HPC”) data center strategy. Iris is a 100% renewable energy Bitcoin miner targeting low-cost, under-utilized renewable energy. $IREN...Read More
ChatGPT has been all the rage since its launch in November 2022, and updates, particularly access to GPT-4 version for ChatGPT Plus paid subscribers, have kept it in the news throughout the period so far. The AI-powered Chatbot may soon have several additional features, including collaborative and connected workspaces. Additionally, users can upload files along...Read More
As Artificial Intelligence (AI) continues to attain breakthroughs in what’s possible, there is a growing concern about whether these innovations may become more powerful than their creators. Matt Clifford, chairman of the UK’s Advanced Research and Invention Agency (ARIA), stressed this in a recent interview with a local news outlet. AI Needs Regulation Within 2...Read More
OpenAI’s sensational chatbot service ChatGPT has taken the world by storm. This explosion of interest has translated into a proliferation of new apps that trick users with savvy ads before rug-pulling them. In the latest development, a ChatGPT-style Web3 firm BlockGPT has been confirmed to have carried out a rug pull, stealing $256,000 in pre-sale...Read More
The cryptocurrency industry continues to comingle with that of artificial intelligence in what is reported as a new deal between tech heavyweight Microsoft and former Ethereum miner – CoreWeave. According to recent coverage by CNBC, Microsoft has signed a deal with the former Ethereum miner – CoreWeave. It’s worth noting that CoreWeave has spun up...Read More
JP Morgan is developing an artificial intelligence service similar to ChatGPT geared towards offering users investment advice. The software service, titled “IndexGPT,” will tap cloud computing software using AI to analyze and select securities based on its customers’ needs. AI Investing With JP Morgan As reported by CNBC, JP Morgan applied to trademark a product...Read More
Following OpenAI’s astonishing success, another project backed by its CEO Sam Altman has closed a significant funding round amidst a bleak year for crypto investments. The crypto ID project – Worldcoin – has raised $115 million in a Series C funding round led by Blockchain Capital. Other participants in the funding round include a16z, Bain...Read More
American artificial intelligence research laboratory OpenAI announced the launch of an iOS app for ChatGPT. Similar to the original web model of the chatbot that was released around six months ago, the app is also a free-to-use version that is built on GPT-3.5. The existing subscribers of ChatGPT Plus will be able to have exclusive...Read More
Worldcoin is in advanced talks to raise fresh capital as it nears launch in the next few weeks, according to the Financial Times. The project aims to use iris-scanning technology to create a secure global cryptocurrency called Worldcoin. Previous investors in Worldcoin include Andreessen Horowitz’s crypto fund, FTX founder Sam Bankman-Fried, and internet entrepreneur Reid...Read More
The world’s largest cryptocurrency exchange – Binance – claimed that someone had used ChatGPT to present Changpeng Zhao (CEO of the company) as an official in the Chinese Communist Party. Some experts have warned that the recent development in the Artificial Intelligence (AI) field could have a disruptive effect on journalism. Others alerted that ChatGPT...Read More
