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Blockchain Climate Tech Startup Coral Raises $3 Million
26.9.2024
Coral, a climate tech startup leveraging blockchain and AI, has secured $3 million in pre-seed funding to expand its operations and enhance its carbon emissions management platform. The funding will enable Coral to open a new office in Abu Dhabi, hire more experts, and improve its AI-powered...
Experts Say P2E Games ‘Normalize’ Crypto in Emerging Markets
26.9.2024
Play-to-earn blockchain games are driving crypto adoption in emerging markets, particularly in Southeast Asia, Latin America, and Africa. Experts attribute this growth to their accessibility, economic opportunities, and community-building benefits. One expert believes play-to-earn games can serve...
FTC cracks down on ‘deceptive’ AI projects, including an AI lawyer
26.9.2024
“Operation AI Comply” is part of the US federal agency’s latest round of enforcement actions against companies it claims used AI to harm consumers
Microsoft to open two AI centers in Abu Dhabi
17.9.2024
One center will focus on developing industry standards for responsible AI use, while the other will support projects that address "key societal goals."
Capstone Technology Gets $5.4M for GAYA Blockchain Project
17.9.2024
Capstone Technology, a UAE-based blockchain and AI company has raised $5.45 million to fund the development of its GAYA blockchain project. The project aims to create a network for entrepreneurs in gaming, AI, and entertainment. Capstone Technology plans to use the funds to manage technological...
UN Chief: Unregulated AI Threatens Democratic Systems
17.9.2024
UN Secretary-General António Guterres warned that unregulated artificial intelligence (AI) poses a risk to democratic systems, exacerbating disinformation and gender inequality. He urged countries to establish AI governance guidelines and promote responsible use. Guterres noted AI’s potential...
Consensys and Hashkey-backed $50M accelerator launches for CARV data layer
12.9.2024
Some of the CARV accelerator’s top partners already include Arweave, Litentry and Alibaba Cloud
ChatGPT maker’s business users top 1M, targets premium OpenAI subscriptions
7.9.2024
OpenAI is looking to introduce more expensive subscription plans for upcoming large-language models like the Strawberry and Orion AI models.
Serial Entrepreneur: Digital Ecosystem Favors Data Distributors Over Creators
7.9.2024
According to Victor Yu, co-founder of Carv, the current digital ecosystem favors data distributors over data creators. While he acknowledges the usefulness of regulatory frameworks like the General Data Protection Regulation (GDPR) and California Consumer Privacy Act (CCPA)in overseeing internet...
South Africa Leverages AI to Track Down Tax-Dodging Crypto Traders
6.9.2024
The South African government is tightening its grip on cryptocurrency trading. Tax authorities (SARS) are issuing tax notices and clarifying regulations, likely using AI to identify non-compliant traders. The central bank meanwhile has clarified rules for crypto purchases, allowing individuals...
Crypto venture capital funding surges to $633M in August rebound
6.9.2024
Crypto VC funding rose 15% from July, with growing investor interest in blockchain infrastructure development
Elon Musk’s xAI Colossus goes online — and it really is colossal
3.9.2024
Elon Musk’s xAI has launched Colossus — now the most powerful AI training system — setting a new benchmark in the AI race with a 100,000 H100 training cluster that will soon double in size
Elon Musk’s xAI Colossus goes online — and it really is colossal
3.9.2024
Elon Musk’s xAI launched Colossus, now the most powerful AI training system, setting a new benchmark in the AI race with a 100k H100 training cluster that will soon double in size
Coinbase sees first crypto transaction between AI agents
31.8.2024
Coinbase CEO Brian Armstrong sees the transaction as an “important step to AIs getting useful work done.”
Coinbase sees its first crypto transaction between AI agents
31.8.2024
Coinbase CEO Brian Armstrong sees the transaction as an “important step to AIs getting useful work done.”
Web3 CEO outlines Bitcoin’s role in AI data provenance
28.8.2024
Since the advent of artificial intelligence, deep fake images, sophisticated phishing attacks, and fake news reports have multiplied
Zuckerberg, Spotify Founder Advocate for Open-Source AI in Europe
25.8.2024
Mark Zuckerberg and Daniel Ek advocate for open-source AI in Europe. The two tech leaders believe that open-source AI can drive innovation and give Europe a competitive edge. However, they warn that fragmented regulations and uneven enforcement are hindering progress. They urge Europe to streamline...
AI Curiosity Explodes: South Africa, Nigeria, and Kenya Embrace the Technology
25.8.2024
During the first half of 2024, Google Search trends revealed a significant rise in interest in artificial intelligence (AI) in South Africa, Nigeria, and Kenya. Interest in AI grew by 150% in Kenya, 130% in Nigeria, and 120% in South Africa compared to the same period in 2023. Kenya ranked fourth...
US, African Nations Discuss Responsible AI Use in Military Applications
24.8.2024
The United States is urging countries to collaborate on the responsible use of artificial intelligence (AI) in military applications. A senior State Department official, Mallory Stewart, emphasized the need for countries to agree on AI guidelines that align with international laws. Concerns about...
Lack of Cohesion Hinders AI Adoption in Africa, NEPAD Boss Says
22.8.2024
Nardos Bekele, CEO of NEPAD, believes AI can significantly benefit Africa by addressing various challenges and accelerating progress towards Agenda 2063. Although AI offers potential improvements in sectors like health, education, and agriculture, challenges such as fragmented digital...