Scammers Using AI to Clone Voices, Drain Bank Accounts As Deloitte Forecasts $30,000,000,000 in AI Losses by 2027

September 15, 2024 The Daily Hodl

Scammers Using AI to Clone Voices, Drain Bank Accounts As Deloitte Forecasts ,000,000,000 in AI Losses by 2027

Artificial intelligence is fueling billions of dollars in losses to scams as criminals clone people’s voices to compromise credit cards and bank accounts. The classic scam where victims receive a call from a loved one asking for money is far easier with AI, WBTV reports. Cybersecurity expert Thomas Hyslip, who spent two decades in federal […]

The post Scammers Using AI to Clone Voices, Drain Bank Accounts As Deloitte Forecasts $30,000,000,000 in AI Losses by 2027 appeared first on The Daily Hodl.

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Kenya Acting to Curb AI Disinformation, President Ruto Says

September 15, 2024 Bitcoin.com

AI Adoption

Kenyan President William Ruto announced measures to prevent artificial intelligence (AI) from spreading disinformation, alongside the launch of the Fifth National Action Plan on Open Government Partnership. The initiative aims to foster international cooperation for ethical AI use. This comes after AI-fueled social unrest incidents in 2021 and 2023, and mass protests earlier this year. […]

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AI Powerhouse Openai Reportedly Seeking to Raise $6.5 Billion at a $150 Billion Valuation

September 14, 2024 Bitcoin.com

AI Powerhouse Openai Reportedly Seeking to Raise .5 Billion at a 0 Billion Valuation

Openai, the company at the center of the artificial intelligence (AI) revolution, is reportedly seeking to raise $6.5 billion from investors, reaching a valuation of $150 billion. According to Bloomberg, the funds would be used to support the need for computing power and other expenses, as stated in a memo sent to employees last month. […]

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‘Godmother of AI’ launches World Labs with $230M funding at $1B valuation

September 14, 2024 Coin Telegraph

‘Godmother of AI’ launches World Labs with 0M funding at B valuation

artificial intelligence

The company’s focus will be on developing artificial intelligence with 3D perception.

Artificial intelligence startup World Labs announced its official launch on Sept. 13. The firm is reportedly valued at over $1 billion and has raised more than $230 million in funding to build “spatial intelligence” systems.

World Labs was co-founded by Fei-Fei-Li, the former Google Cloud AI boss. Due to her involvement in much of the foundational research behind modern generative artificial intelligence, Fei-Fei-Li is often referred to as the “Godmother of AI.” She’s also the current co-director of the Stanford Institute for Human-Centered Artificial Intelligence.

World Labs describes its primary product as “Large World Models” (LWMs). In a blog post announcing the company’s launch, it pointed out that current generative AI models can only interact with the world through text, audio, and video.

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US and Africa Urged to Collaborate on AI Development

September 13, 2024 Bitcoin.com

AI development

A two-day pan-African AI conference was held in Lagos, Nigeria, co-hosted by the United States. The conference aimed to promote safe, secure, and trustworthy AI systems in Africa, with hundreds of attendees from various fields. U.S. Deputy Secretary of State Kurt Campbell emphasized the importance of collaboration between the U.S. and Africa in AI development […]

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Spatial Computing Expert: AI Didn’t Contribute to Metaverse’s Decline

September 7, 2024 Bitcoin.com

artificial intelligence

Luis Oscar Ramirez, founder and CEO of Mawari, believes the idea that artificial intelligence (AI) has contributed to the decline in metaverse interest and investment is misguided. Instead, Ramirez said he sees AI as a powerful catalyst for metaverse innovation, enhancing user experiences and making digital interactions more natural, intuitive, and engaging. Metaverse, NFT Decline […]

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OpenAI business users top 1M, targets premium ChatGPT subscriptions

September 7, 2024 Coin Telegraph

OpenAI is looking to introduce more expensive subscription plans for upcoming large-language models like the Strawberry and Orion AI models.

OpenAI’s paid users across its business segment, including ChatGPT Enterprise, Team and Edu, grew nearly 67% since April to cross one million on Sept. 5. The San Francisco-based artificial intelligence firm’s chatbot continues to thrive due to its advanced language model.

According to a Reuters report, OpenAI’s business products have grown to reach one million users, up from 600,000 in April.

OpenAI reportedly plans to introduce higher-priced subscription plans for its upcoming large language models, such as the Strawberry and Orion AI models. The creator of ChatGPT is considering subscription plans that could cost up to $2,000 per month.

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‘Reflection 70B’ AI model could be the answer to pesky LLM hallucinations

September 6, 2024 Coin Telegraph

The AI model has been trained with “Reflection-Tuning,” which is designed to help it learn from its mistakes and fix them.

There’s yet another new artificial intelligence chatbot entering the already crowded space, but this one can apparently do what most can’t — learn from its mistakes.

In a Sept. 5 post on X, HyperWrite AI CEO Matt Shumer announced the development of ‘Reflection 70B,’ claiming it to be “the world’s top open-source model.”

He added that the new AI was trained using “Reflection-Tuning,” which is a technique developed to enable LLMs to fix their own mistakes.

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Japan’s Sakana AI partners Nvidia for research, raises $100M

September 4, 2024 Coin Telegraph

Japan’s Sakana AI partners Nvidia for research, raises 0M

artificial intelligence

The Tokyo-based startup raised $100 million in a Series A funding round led by New Enterprise Associates, Khosla Ventures and Lux Capital, with participation from Nvidia.

Tokyo-based Sakana AI, a year-old startup, has partnered with United States chipmaker Nvidia to develop Japan’s artificial intelligence community. The company counts Google researchers among its founders.

In addition to the Nvidia partnership, the startup raised $100 million in a Series A funding round from key investors “led by New Enterprise Associates, Khosla Ventures and Lux Capital, with participation from Nvidia.” The funds will be invested in talent and infrastructure development to advance “nature-inspired, sustainable, and energy-efficient AI technologies.”

Source: Sakana AI

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Bitcoin miner revenues dwindle as halving erodes mining volumes: Bitbo

September 2, 2024 Coin Telegraph

Mining revenues hit 12-month lows in August, according to Bitbo.

Bitcoin (BTC) miners saw mining revenues dwindle to 12-month lows as the Bitcoin network’s April halving continues to erode mining output and, in turn, revenues, according to data from Bitbo, a Bitcoin dashboard.

Monthly BTC mining revenues declined to approximately $827 million in August 2024, according to Bitbo. That’s lower than any month since September 2023 and far below pre-halving peaks of almost $2 billion in March 2024.

Roughly every four years, a halving event hardcoded into the Bitcoin network cuts the number of BTC mined per block in half. The April halving reduced mining rewards from 6.25 BTC to 3.125 BTC per block.

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