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Erik Voorhees Unveils New AI Platform Promising Privacy and Unfiltered Free Speech

Erik Voorhees Unveils New AI Platform Promising Privacy and Unfiltered Free SpeechErik Voorhees, founder of Shapeshift, has announced the debut of Venice, an artificial intelligence (AI) application that promises enhanced privacy and unrestricted free speech. Unlike mainstream AI services, Venice is designed to operate without the “Orwellian” oversight typical of centralized platforms, offering a truly private and uncensored user experience. New AI on the Block: Venice […]

SEC Push Against Elon Musk Stalls as Judge Denies Sanctions

‘Smart Money’ Whales Accumulating Two AI Altcoins From Binance, According to On-Chain Analysts

‘Smart Money’ Whales Accumulating Two AI Altcoins From Binance, According to On-Chain Analysts

Deep-pocketed investors are scooping up massive amounts of two artificial intelligence (AI)-related altcoins, on-chain data suggests. Blockchain-monitoring service Lookonchain noticed that a Binance wallet linked to crypto investment firm DWF Labs suddenly received a large amount of Fetch.ai (FET), a decentralized machine learning project. “Wallet ‘0x633c’ transferred 1 million FET ($2.25 million) to DWF Labs […]

The post ‘Smart Money’ Whales Accumulating Two AI Altcoins From Binance, According to On-Chain Analysts appeared first on The Daily Hodl.

SEC Push Against Elon Musk Stalls as Judge Denies Sanctions

Philosopher Yuval Noah Harari warns of AI’s risks in finance

The bestselling author, philosopher and historian sees grim potential for AI to get out of control in the financial system.

The unbridled use of artificial intelligence in the financial system could lead to dire results, author, philosopher and history professor Yuval Noah Harari told an audience at the Bank for International Settlements (BIS) Innovation Summit. Strong institutions are needed to keep AI in check, he said.

The financial system creates trust, Harari argued. Money, bonds and other financial devices allow millions of strangers to work together toward common goals. But no effort has been made to make financial regulation understandable “to humans,” he said:

Harari cited the financial crisis of 2007-2008 as an outcome of incomprehensible financial innovation. Regulators were unable to understand new financial products well enough to regulate them.

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SEC Push Against Elon Musk Stalls as Judge Denies Sanctions

Faisal Al Monai: Convergence of AI and Blockchain Is a Solution to Data Integrity Issues in AI Model Training

Faisal Al Monai: Convergence of AI and Blockchain Is a Solution to Data Integrity Issues in AI Model TrainingThe Middle East and North Africa (MENA) lead the world in the adoption of blockchain and cryptocurrencies because governments in the region actively promote digital transformation in their strategic future visions, according to Faisal Al Monai, chairman and co-founder of Droppgroup. This commitment by governments in the region “creates a favourable environment for the growth […]

SEC Push Against Elon Musk Stalls as Judge Denies Sanctions

Google Cloud Announces Partnership With Solana Rival Sui for Better AI, Security and Scalability Capabilities

Google Cloud Announces Partnership With Solana Rival Sui for Better AI, Security and Scalability Capabilities

The cloud division of one of the biggest companies in tech is teaming up with blockchain project Sui (SUI) to help build a more user-friendly, safer and smarter Web3. In a new announcement, Google Cloud says it is partnering with Sui to focus on improving Web3 security, scalability, developer tools and user experience through artificial intelligence (AI) technology. The collaboration […]

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SEC Push Against Elon Musk Stalls as Judge Denies Sanctions

Is mysterious ΑΙ ‘gpt2-chatbot’ OpenAI’s next upgrade in disguise?

A powerful new AI chatbot called “gpt2-chatbot” appears on LMSYS Chat and has sparked speculation whether it could be OpenAI's unreleased GPT-5 or a supercharged GPT-2.

The internet is buzzing after a mysterious artificial intelligence (AI) chatbot appeared on a popular website used for testing open large language models (LLMs) with no information or documentation as to its creator. 

Users began to notice the new chatbot “gpt2-chatbot” on April 29, listed on the website “LMSYS Chat,” which allows users to begin chatting with any open, available AI chatbot all in one spot.

The AI community on X has already taken notice, commenting that the model is “really good” and shows both advanced reasoning skills, “but it also gets notoriously challenging AI questions right with a much more impressive tone.”

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SEC Push Against Elon Musk Stalls as Judge Denies Sanctions

Meta drops 15% on weak outlook and high AI and metaverse spending

Meta shares dipped after a disappointing Q2 revenue outlook and plans to spend nearly $100 billion this year as it aims to “invest aggressively” in its AI products.

Meta (META) shares dropped 15% in after-hours trading after the firm said it will “aggressively” ramp up spending in artificial intelligence while its metaverse division will continue to run at a loss —  amid a weak revenue outlook. 

The giant said in its April 24 first quarter 2024 results it expected expenses to rise to a range between $96 billion to $99 billion — up from $94 billion to $99 billion due to “higher infrastructure and legal costs.”

It also bumped full-year 2024 capital expenditures to a top end of $40 billion from its prior $37 billion as it would “invest aggressively to support our ambitious AI research and product development.”

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SEC Push Against Elon Musk Stalls as Judge Denies Sanctions

Coinbase Abruptly Lists Newly Launched Ethereum-Based AI Altcoin Project

Coinbase Abruptly Lists Newly Launched Ethereum-Based AI Altcoin Project

The top US-based crypto exchange by volume is listing a new artificial intelligence (AI) altcoin. According to Coinbase via their social media platform X account Coinbase Assets, new crypto project Karrat (KARRAT) will be listed on the platform as an “experimental asset.” “Karrat (KARRAT) is now live on coinbase.com & in the Coinbase iOS & Android […]

The post Coinbase Abruptly Lists Newly Launched Ethereum-Based AI Altcoin Project appeared first on The Daily Hodl.

SEC Push Against Elon Musk Stalls as Judge Denies Sanctions

Beyond Stablecoins: USDT-Issuer Tether Announces New Distinct Business Divisions

Beyond Stablecoins: USDT-Issuer Tether Announces New Distinct Business Divisions

Stablecoin issuer Tether (USDT) says it’s branching out and advancing beyond just offering dollar-pegged crypto assets. In a new announcement, Tether says that it is adding four new divisions to its business model – data, finance, power, and education – as a means of creating an inclusive, future-proof financial and tech ecosystem. “Tether’s expansion beyond […]

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SEC Push Against Elon Musk Stalls as Judge Denies Sanctions