AI

Mark Zuckerberg’s bold bet on the metaverse skyrockets his net worth to $201 billion

September 30, 2024 1 min read

Mark Zuckerberg’s bold leap into the metaverse has skyrocketed his net worth to an astonishing $201 billion, nearly six times what it was just two years ago, thanks to a remarkable 60% surge in Meta Platforms Inc.’s stock this year. Now the fourth richest person in the world, he stands behind titans like Jeff Bezos, Bernard Arnault, and Elon Musk. However, the metaverse is a hotbed of debate. While Zuckerberg

This AI company secures $640 million in funding, tripling its valuation to $6 billion

June 12, 2024 1 min read

In a Series B round, Mistral AI, a firm that was established in April 2023 by individuals who had previously worked with Meta and Google’s DeepMind, has successfully raised a total of $502 million in stock and $141 million in debt. A number of significant investors, including General Catalyst and Lightspeed Venture Partners, participated in the round. A number of models have been made available under an open-source license by

Leonardo AI Will Now Use IO.net for Unmatched Visual Creativity

June 5, 2024 3 mins read

Singapore, Singapore, June 5th, 2024 June 5th, 2024 Singapore– IO.net, a decentralized physical infrastructure network (DePIN), is proud to announce its strategic partnership with Leonardo AI, the creators of an advanced generative AI platform that allows users to create images through text prompts.  This partnership’s main purpose is to give Leonardo AI access to IO.net’s powerful GPUs. Under the terms of their agreement, IO.net will provide Leonardo AI with 24xA100s from May

Nosana Partners with Matrix One to Revolutionize AI Avatar Creation with Distributed GPU Network

June 4, 2024 3 mins read

Amsterdam, Netherlands, June 4th, 2024 Nosana, a decentralized open-source compute network, today announces a groundbreaking strategic partnership with Matrix One, the pioneering decentralised AI character protocol. This collaboration aims to democratize the creation, ownership, and utilization of AI-powered characters, leveraging Nosana’s advanced infrastructure to propel AI technology to new heights. Nosana is renowned for providing AI developers and businesses with affordable, on-demand access to GPUs, offering a cost-effective alternative to centralized

Edge Video AI Announces IDO for Native Token $FAST

June 4, 2024 2 mins read

The Hague, Netherlands, June 4th, 2024 EEdge Video AI has announced the Initial DEX Offering (IDO) for its native token, $FAST, aimed at revolutionizing the global TV industry through advanced AI technology. The Power of Edge Video AI Edge Video AI is dedicated to transforming the TV industry by making TV interactive and shoppable through its innovative AI engine. The platform rewards viewers for engaging with content by offering points

MyShell Raises $11 Million for its Decentralized AI Consumer Layer

March 28, 2024 3 mins read

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

Hacken tokenizes its equity. HAI token holders can become shareholders

March 13, 2024 3 mins read

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

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

February 7, 2024 1 min read

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

Former President Donald Trump voiced strong concerns about CBDCs and AI

February 5, 2024 1 min read

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,

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

January 25, 2024 4 mins read

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

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

January 9, 2024 1 min read

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

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

November 29, 2023 1 min read

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