AI News

The Synergy Between Filecoin and AI: Unpacking the Benefits

October 23, 2023 3 mins read

The intersection of substantial fiat money printing and the rapid ascent of artificial intelligence (AI) is poised to create a financial bubble of unprecedented proportions. According to Arthur Hayes, founder of BitMEX, the ever-expanding realm of AI applications necessitates a decentralized storage solution, and here’s where Filecoin, with its blockchain-based network, steps into the spotlight. As the largest decentralized data storage project in terms of storage capacity and total bytes

GITEX Impact Raises the Bar for Climate Tech and Sustainability Leadership

October 18, 2023 4 mins read

Kristina Kallas, Minister of Education and Research of Estonia said AI can improve access to education for various social groups facing barriers today Akis Evangelidis, Co-Founder of Nothing, explained how his company is rethinking the smartphone by focusing on design differentiation, innovation and user interaction  Dubai, UAE, October 18, 2023: Building on the momentum of COP28, GITEX GLOBAL debuted GITEX Impact, the region’s largest climate tech catalyst for sourcing clean

EU and Japan Find Common Ground on AI, Says Official

October 9, 2023 1 min read

The European Union and Japan are increasingly seeing eye to eye on how to regulate generative AI, a rapidly developing technology that can create text, images, and other creative content. In an interview with Reuters on Monday, European Commission Vice-President for Values and Transparency Vera Jourova said that she sees “a lot of convergence in how we look at AI and generative AI” with Japan. This is significant because the

Visa Unveils $100 Million Initiative to Drive Generative AI Development

October 5, 2023 2 mins read

Visa, the global payment giant, is doubling down on its commitment to artificial intelligence (AI) in the realm of commerce and settlements. They’ve unveiled a fresh initiative, committing a substantial $100 million to fund generative AI ventures. The primary focus of this initiative is to support companies dedicated to advancing generative AI technologies and their applications in the fields of commerce and payments. This investment endeavor will be spearheaded by

Tom Hanks Issues Warning About AI Impersonator Promoting Dental Plan

October 2, 2023 2 mins read

Tom Hanks has issued a cautionary message to his fans regarding an advertisement featuring what appears to be him but is, in fact, an artificial intelligence (AI) fake. In an Instagram post, the renowned actor stated, “There’s a video out there promoting some dental plans with an AI version of me. I have nothing to do with it.” Hanks has previously expressed concerns about the artistic and ethical challenges posed

Meta Unveils AI Assistant Trained on Public Facebook and Instagram Content

September 29, 2023 2 mins read

Meta, the parent company of Facebook and Instagram, has revealed that its new Meta AI virtual assistant was trained using public posts from these social media platforms. The company, however, assured that it excluded private posts shared only with family and friends to protect user privacy. Meta’s President of Global Affairs, Nick Clegg, emphasized the company’s commitment to respecting user privacy during the training process. He stated that private chats

ChatGPT’s Latest Update: Access to Up-to-Date Information Now Available

September 28, 2023 2 mins read

OpenAI, the organization behind the ChatGPT chatbot, has made a significant update to its capabilities. ChatGPT can now browse the internet to provide users with current information, a feature that was previously unavailable. This means that premium users will be able to ask ChatGPT questions about current events and access the latest news. Before this update, ChatGPT’s knowledge was limited to data up until September 2021. It couldn’t provide real-time

Spotify CEO Ensures AI-Made Music Won’t Be Banned

September 27, 2023 2 mins read

Daniel Ek, the CEO of Spotify, has stated that the music streaming platform has no plans to ban content created by artificial intelligence (AI). While discussing the use of AI in music, Ek mentioned that AI should not be used to impersonate human artists without their consent. He emphasized the importance of distinguishing between various applications of AI in music, categorizing them into three “buckets”: Although AI is not entirely

Google Unveils $20 Million Fund for Responsible AI Advancements

September 13, 2023 2 mins read

Following the Google Cloud Next conference in San Francisco, where Google unveiled a host of generative AI projects and tools, the tech giant has announced the launch of the Digital Futures Project. This initiative aims to bring together diverse voices in the field of AI development and promote responsible AI innovation. Alongside this project, Google has introduced a $20 million fund dedicated to supporting the responsible development of AI. A

AMD Unveils New AI Chip to Rival Nvidia’s Dominance in AI Computing

June 15, 2023 1 min read

Advanced Micro Devices (AMD) has announced its latest AI chip, the M1300X, aiming to compete with Nvidia’s stronghold on the AI chip market. With its advanced GPU technology and optimized architecture, AMD is positioning itself as a strong contender in the rapidly expanding field of artificial intelligence. AMD’s M1300X GPU for AI applications is set to enter the market in Q3 2023, with mass production beginning in Q4. This announcement

FBI: AI Deepfake Extortion Scams on the Rise, How to Protect Yourself

June 6, 2023 1 min read

The FBI has warned that deepfake extortion scams are on the rise. In these scams, criminals use AI to create fake videos or audio recordings of the victim that make it look or sound like they are doing something illegal or embarrassing. The criminals then threaten to release the deepfake to the public if the victim does not pay them a ransom. The FBI has received over 7,000 reports of

EU Officials Call for More Transparency in AI-Generated Content to Ensure Transparency and Accountability

June 5, 2023 1 min read

European officials have called on companies developing generative AI tools to create a voluntary code of conduct that would make their products more transparent to the public. In a statement on June 5, Vera Jourova, the European Commission’s vice president for values and transparency, said that companies that use generative AI to create content should label it as such and put in place safeguards to prevent it from being used