Browsing:AI

MyShell Raises $11 Million for its Decentralized AI Consumer Layer
3 weeks ago 3 mins read

MyShell Raises $11 Million for its Decentralized AI Consumer Layer

Tokyo, Japan, March 27th, 2024 Funds from the Pre-Series A round led by Dragonfly will further develop MyShell’s open-source models and agent platform for empowering AI creators MyShell, a decentralized AI consumer layer, announced today that it has raised US$11 million in a Pre-Series A round, with participation from a cohort of high-profile investors, including Dragonfly, Delphi Ventures, Bankless Ventures, Maven11 Capital, Nascent, Nomad Capital, OKX Ventures, etc.  Prominent angel investors, such as former Coinbase CTO Balaji Srinivasan, NEAR Protocol Co-Founder Illia Polosukhin, former Paradigm Investment Partner Casey K. Caruso, and ex-Parafi partner Santiago R. Santos also joined the round,

Hacken tokenizes its equity. HAI token holders can become shareholders
1 month ago 3 mins read

Hacken tokenizes its equity. HAI token holders can become shareholders

Madrid, Spain, March 13th, 2024 Hacken, a blockchain security auditor, announces the tokenization of its equity linked to the company`s native token, $HAI – a work-to-earn, product-utility, and governance token. It allows existing or new $HAI holders to exchange their assets for Hacken Equity Shares ($HES). This move makes Hacken the first crypto company that has enabled its community to own part of the real business.  10% of the company’s equity is brought onto the Ethereum blockchain as tokenized assets that can be exchanged for 100 million $HAI. Each Hacken Equity Share is valued at 1 million $HAI, with 100

AI-crafted IDs are now bypassing crypto exchange security checks for a mere $15
2 months ago 1 min read

AI-crafted IDs are now bypassing crypto exchange security checks for a mere $15

For just $15, AI-created IDs can now bypass security checks on crypto exchanges, providing criminals with a covert to hide their identities. Artificial intelligence (AI) is used by OnlyFake to create phony passports and driver’s licenses that look real, fooling KYC checks on a variety of crypto platforms. This service is available in 26 countries and takes crypto payments. A research showed how a British passport created via OnlyFake was able to get past OKX exchange’s identity verification process. Users of sites like Kraken exchange and PayPal shared similar thoughts, underscoring the possibility of exchange misuse. Alertness and Reaction OKX

During a recent interview on Fox's Sunday Morning Futures, former President Donald Trump criticized CBDCs and AI
2 months ago 1 min read

Former President Donald Trump voiced strong concerns about CBDCs and AI

During a recent interview on Fox’s Sunday Morning Futures, former President Donald Trump criticized central bank digital currencies (CBDCs) and artificial intelligence (AI), citing their potential to jeopardize individual privacy and global security. With Trump’s potential candidacy for the US Republican Party in the upcoming 2024 presidential election, his critical views are gaining attention. As a means of facilitating government monitoring and financial control over private citizens, Trump attacked CBDCs, calling them “extremely dangerous.” Further, he painted a picture of a time when CBDCs were seen as instruments for possible government overreach and threatened individual freedom. Trump’s stance against CBDCs

AI leaders
3 months ago 4 mins read

Dubai to host global AI leaders as the UAE ramps up its National Vision for Artificial Intelligence

MD: Go on a 2-day networking spree and explore opportunities in AI, ML, and RPA technologies at Global AI Show that will host world leaders in the global AI space. Jan 9, 2024: Grand Hyatt Dubai is all set to host the highly anticipated Global AI Show on April 16–17, 2024. The event managed by VAP Group  – a premier blockchain and AI consulting brand, is set to gather prominent figures from the Middle East’s AI, ML, and RPA arenas. The show aims to bring together influential AI leaders, experts, and enthusiasts from across the globe for a dynamic and

Alphabet's Google is on trial in Boston over its uses of AI technology in key products infringe on patents held by Singular Computing
3 months ago 1 min read

Alphabet’s Google is on trial in Boston over its uses of AI technology in key products that infringe on patents

Alphabet’s Google is currently on trial in Boston before a federal jury on allegations that the processors it uses to power artificial intelligence (AI) technology in key products infringe on patents held by Singular Computing, which was founded by computer scientist Joseph Bates. According to Singular Computing, based in Massachusetts, Google stole Bates’ technology and used it to support AI features in products such as Google Search, Gmail, and Google Translate. Google refutes the claims, claiming that Singular’s patents are “dubious” and that its processors were developed independently. Singular has reportedly asked for up to $7 billion in damages, which

AI Token Trading Explodes Hits $3 Billion in Surging Volume
5 months ago 1 min read

Artificial Intelligence Tokens Skyrocket with a 200% Surge, Breaking $3 Billion in Trading

The weekly trading activities of crypto projects centered on artificial intelligence (AI) have increased dramatically in the last six weeks. AI-related crypto assets such as Render (RNDR), Worldcoin (WLD), and Fetch.ai (FET) have been leading the pack in terms of trading volume, according to Kaiko, a prominent on-chain analytics firm. According to the data presented in Kaiko’s tweet, the trading volume of AI tokens was initially less than $1 billion in early October. However, a significant and consistent increase propelled weekly trading volume to more than $3 billion this month, representing a remarkable 200% increase. The chart shows that the

The Sultanate is set to host a highly anticipated Digital Innovation & Transformation Summit on the 28th – 29th of Feb 2024.
5 months ago 2 mins read

Genfinity Global is hosting the Digital Innovation & Transformation Summit in Feb 2024

The Sultanate is set to host a highly anticipated Digital Innovation & Transformation Summit on the 28th – 29th of Feb 2024. This is a business-focused event driven by thought leadership, which delves deeply into the latest challenges and technology trends within Oman’s technology innovation sector. This summit serves as a benchmark for technological innovation in the Sultanate, connecting global technology experts, innovators, and startups with pre-qualified executives, including CEOs, CTOs, CIOs, CFOs, Heads of Business Transformation, Chief Digital Officers, Heads of Innovation, government authorities, and technology investors in Oman. The summit offers an array of engaging activities, including insightful

CEO of Reputation House Unveils Comprehensive Reputation Management Services at Dubai GITEX GLOBAL 2023
5 months ago 7 mins read

Exclusive Interview: CEO of Reputation House Unveils Comprehensive Reputation Management Services at Dubai GITEX GLOBAL 2023

In an exclusive interview conducted during Dubai GITEX Global 2023, the CEO of Reputation House, Dima Raketa, shed light on the distinctive features of their reputation management services, positioning the company as a one-stop solution for businesses aiming to fortify their online standing. Can you provide an overview of your reputation management services? Our reputation management services are pretty unique in the field. What really sets us apart is that we offer a one-stop shop for all your reputation management needs. We’ve got you covered with everything, from boosting your online presence through SERM—Search Engine Reputation Management—to keeping a handle

Sam Altman had an unexpected event when he was removed from his roles as CEO and director.
5 months ago 1 min read

OpenAI Board Decides to Remove Sam Altman Due to Communication Issues

The founder of ChatGPT and the face of OpenAI, artificial intelligence pioneer Sam Altman, had an unexpected turn in his career on Friday, November 17, when the OpenAI board decided to remove him from his roles as CEO and director. The action, which was called shocking, was attributed to Altman’s alleged inconsistent communication style. Even though Altman has made significant contributions to OpenAI—the company is currently valued at approximately $80 billion—the board stressed the significance of consistent leadership. The specifics of the decision have not been disclosed, but the board expressed confidence that the business can succeed in Altman’s absence.

Alibaba
6 months ago 1 min read

Alibaba launches Tongyi Qianwen 2.0, an advanced large language model, to compete with US tech giants.

Alibaba, the tech giant headquartered in Hangzhou, China, has unveiled its latest creation, Tongyi Qianwen 2.0, a large language model (LLM) that boasts impressive enhancements in understanding complex instructions, copywriting, reasoning, and the prevention of hallucinations. Alibaba’s move is part of the ongoing competition between the United States and China in the field of large language models as both countries vie for dominance in AI technologies, pitting Alibaba against American tech giants like Amazon and Microsoft. According to Alibaba’s press statement, Tongyi Qianwen 2.0 showcases exceptional capabilities, particularly in complex instruction comprehension, copywriting, reasoning, memory, and preventing hallucinations. In addition

President Joe Biden has taken a step in the world of AI by signing the first-ever executive order on AI in the US.
6 months ago 2 mins read

President Biden’s Executive Order Sets New Standards for AI with a Focus on Consumer Welfare

President Joe Biden has taken a step in artificial intelligence (AI) by signing the first-ever executive order on AI in the United States. This executive order introduces a range of measures to ensure the safety and trustworthiness of AI technologies. The executive order is designed to have an immediate and tangible impact on AI development and use. It carries the full weight of the law to make AI technologies safer, more secure, and more trustworthy. The executive order comprises eight essential components, each addressing different aspects of AI. These include creating new safety and security standards for AI, safeguarding consumer

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