Drake's $500,000 Bitcoin bet on the Dallas Mavericks winning the NBA Finals has failed, and his similar wager on the Edmonton Oilers in the NHL Stanley Cup Finals is at risk, potentially leading to a total loss of $1 million in Bitcoin.
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The rapid development of AI is undoubtedly causing headaches for legislators and court systems globally as they struggle to deal with the technology.
A German magazine has used artificial intelligence (AI) to simulate an interview with former Formula One driver Michael Schumacher and now his family said they’ll pursue legal action over the matter.
The German magazine Die Aktuelle released on April 14 promised “the first interview!” with Schumacher since he suffered a serious brain injury in a 2013 skiing accident.
While the magazine did add the line “it sounds deceptively real” to the front cover, the article contained a series of alleged quotes that were generated by AI which was revealed at the end of the article, much to the disgust of many fans.
To actually print on your cover “World Sensation!” “First Interview” and even on the pages only give little hints that it was a AI, it’s absolutely crazy
— Patrick (@RacingStorki) April 19, 2023
A spokesperson for Schumacher's family confirmed to ESPN and Reuters on April 20 that they will be taking legal action against Die Aktuelle.
The slated lawsuit follows a growing wave of regulatory movements involving AI as governments and courts grapple with how to deal with the rapidly developing technology.
Twelve European Union lawmakers have called for the “safe” and collaborative development of AI in a letter that asked for a universal set of rules on AI development.
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The lawmakers asked for a summit to be convened by European and United States leaders to discuss governing principles for the development, control and deployment of AI.
Others could be using AI to deceive in the business world. A financial regulator in California recently took action against multiple companies alleging one used AI to create an avatar that appeared as its CEO in YouTube videos.
AI has recently been used to impersonate other celebrities. A clip of rapper Kanye West purporting to perform a cover of Drake’s hit song Hold On, We’re Going Home recently went viral on Twitter, but the audio was actually generated by AI.
The fact that this AI generated audio of Kanye West doing a cover of Drake's "Hold On, We're Going Home" sounds just like the real Kanye is scary and exciting.
— Aliou Sidibe (@heyaliou) March 31, 2023
The scary part: AI will never be this worst again.
Exciting part: this could unlock new doors of creativity. pic.twitter.com/u5RfmpKTcT
Media conglomerate the Universal Music Group is reportedly concerned over such AI-generated songs, having told streaming platforms such as Spotify to block AI-related services from able to harvest copyrighted media.
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Four days ago, the American rapper, entrepreneur, and owner of Death Row Records, Snoop Dogg, hosted WWE’s annual event, Wrestlemania 39, in Hollywood. The rap star was spotted wearing a gold and black diamond Ledger Nano X around his neck on a gold chain. Over the last year, Snoop has been one of several hip-hop […]
The Canadian rapper and singer Drake lost $400,000 in bitcoin after betting that the YouTuber-turned-boxer Jake Paul would beat Tommy Fury by knockout. Drake could have potentially raked in a $1.44 million bitcoin payout, but Fury won the fight in a split-decision victory. Drake Loses $400K Bitcoin Bet on Jake Paul’s Bout On Feb. 26, […]
“All bets are in on the family,” says rapper Drake as he placed his hopes on Rams’ wide receiver Odell Beckham Jr.
Drake spends his time betting more than $1 million in Bitcoin (BTC) on Super Bowl matches when he’s not running through the six with his woes.
The award-winning rapper recently shared that he placed BTC bets worth a total of $1.26 million on the upcoming Superbowl match between the Cincinnati Bengals and the Los Angeles Rams.
Through the crypto sports betting platform Stake, the rapper bet over $471,000 for the Rams to be the winner, including overtime. Drake also expressed his confidence in the Rams’ wide receiver Odell Beckham Jr. The musician placed around $392,000 on Beckham Jr. having more than 62.5 receiving yards and another $392,000 on the wide receiver having over 0.5 anytime touchdowns.
Drake wrote, “All bets are in on the family.” Beckham Jr. replied to the post, saying, “It’s time.” This triggered a response from Bengals fan and football veteran Charles James. “Yep, you just confirmed it! I’m Cincinnati! Burrow for the win. Call a reasonable number.”
Related: Crypto exchange FTX.US to give away Bitcoin as part of Super Bowl ad
A few months back, Beckham Jr. partnered with Cash App and announced that he would take his NFL salary in BTC while promising to give back $1 million in BTC to his fans. The player’s 2021 season earnings are estimated to go up to $4.25 million. However, a sports analyst argued that Beckham Jr. faced losses because of the recent market crash and hefty taxes.
Meanwhile, the National Football League will be giving away limited-edition nonfungible tokens (NFT) to fans who will be present in the Super Bowl’s return to Los Angeles on Feb. 13. The NFT will commemorate the game day by giving a customized digital keepsake that features the unique section and row of the attendee.
