openai

German watchdog orders Worldcoin to delete non-compliant data

December 19, 2024 Coin Telegraph

Anonymity

German regulators demand compliance changes from World ID after a biometric data investigation.

Update (Dec. 19 and 15:12 UTC): This article has been updated to clarify that, in May 2024, Worldcoin deleted all data from its old iris code to comply with local regulations.

German data protection authority, the Bavarian State Office for Data Protection Supervision (BayLDA), has issued corrective measures for the digital identity project World, formerly known as Worldcoin, over its handling of biometric data.

The BayLDA announced on Dec. 19 that it had concluded its investigation into World’s compliance with the European Union’s General Data Protection Regulation (GDPR).

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MicroStrategy shares plunge 8% after its end-of-year Bitcoin buy

World ID trolls Spotify with ‘Unwrapped’ privacy meme

December 9, 2024 Coin Telegraph

artificial intelligence

World’s seemingly playful jab at Spotify comes as the firm faces scrutiny.

World, formerly known as Worldcoin, recently posted an apparent spoof of Spotify’s “Wrapped” year-end user reports, lampooning the music streaming service’s data privacy practices. 

The seemingly playful jab came in the form of an image posted to X via World’s verified account with the statement, “World ID lets you & your actions stay anonymous online.” 

The attached graphic featured text and imagery in the style of Spotify’s “Unwrapped” data-centric usage reports, which are tailored to individual users. 

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Data Analytics and AI Firm Raises $5 Billion, Has No Plans for an Imminent IPO

November 28, 2024 Bitcoin.com

bitcoin.com

Databricks, a data and AI company, is reportedly raising $5 billion in its latest funding round, aiming for a total of $8 billion, which could be the largest this year. Prioritizing Growth Over IPO Databricks, a San Francisco-based data analytics and artificial intelligence (AI) company, is reportedly raising $5 billion in its latest funding round, […]

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AI ‘mind uploads’ could allow the dead to trade forever

October 17, 2024 Coin Telegraph

anthropic ai

Becoming a ghost in the machine could have financial benefits, but for who?

The savviest traders in the world could one day allow their expertise and financial portfolios to live on long after they’ve died through the magic of artificial intelligence. 

At least that’s the premise increasingly being pitched by AI enthusiasts and futurists such as Ray Kurzweil and Elon Musk. Other insiders, such as Anthropic AI’s Dario Amodei, believe that the technology necessary to make this possible — called “mind uploading” — will eventually be created, but not within the next decade.

On the other hand, a potential collaboration between OpenAI and the late Eddie Van Halen could serve as an accelerator for that timeline. 

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OpenAI accuses Elon Musk of harassment in legal filing

October 9, 2024 Coin Telegraph

artificial intelligence

The artificial intelligence firm is seeking a dismissal of Musk’s lawsuit.

On Oct. 8, OpenAI filed a motion to dismiss Elon Musk’s lawsuit against it. The artificial intelligence firm says Musk is using the court system to “harass” it amid a bid to bolster the fortunes of his own competing company, xAI.

Musk filed suit against OpenAI in February, alleging that the company had strayed from its “not-for-profit” roots. At the time, questions surrounding OpenAI’s potential pivot to a “for profit” model, as described in the lawsuit, spurred conversations throughout the AI community about the legality of OpenAI’s business model.

NYU professor Gary Marcus showing tacit agreement for Musk’s February lawsuit. Source: Gary Marcus

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MicroStrategy shares plunge 8% after its end-of-year Bitcoin buy

AI Powerhouse Openai Raises $6.6B Achieving a $157B Valuation

October 6, 2024 Bitcoin.com

bitcoin.com

AI startup Openai reported closing a funding round led by Thrive Capital and the participation of other tech companies like Microsoft and Nvidia. The $6.6 billion raised would be used to expand its set of tools and raise its computing capacity, which needs to increase significantly to train new AI models. AI Company Openai Aims […]

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OpenAI’s move to for-profit: Is it indeed ‘illegal’?

September 27, 2024 Coin Telegraph

AI

OpenAI’s potential transformation into a for-profit corporation is not impossible, but it will likely not be an easy process.

On Sept. 25, Reuters reported that ChatGPT developer OpenAI is working on a plan to restructure its core business from no-profit to for-profit.

The move has received controversial feedback from the community, with billionaire entrepreneur Elon Musk questioning the legality of such a business transformation.

Musk took to X on Sept. 26 to argue that one “can’t just convert a nonprofit into a for-profit,” adding that such a conversion is “illegal.” However, that’s not the case, according to several sources.

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Sam Altman says ChatGPT will bring unimaginable prosperity, fix climate

September 23, 2024 Coin Telegraph

artificial intelligence

He also said it’ll solve all physics and usher in an era our grandparents couldn’t have imagined.

Sam Altman, co-founder and CEO of artificial intelligence firm OpenAI, published a cryptic blog post on Sept. 23, apparently celebrating that “deep learning worked” and claiming that humanity was on the precipice of an era of unimaginable prosperity.

The CEO also boasted that his company’s technology would be capable of creating more powerful versions of itself within a matter of decades that will accelerate humanity’s scientific progress “across the board.” 

Altman announces the dawn of the “Intelligence Age” on X. Source: Sam Altman

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Three-Mile Island nuclear site reopening to power AI

September 21, 2024 Coin Telegraph

AI

The site was ground zero for a partial nuclear meltdown in 1979, which affected a separate unit and caused nearby areas to evacuate.

Microsoft has signed a deal with the Constellation Energy Corporation — the owner of the Three-Mile Island nuclear site — to reopen the Pennsylvania facility and provide the tech company with clean energy for its artificial intelligence operations.

The 20-year deal between Microsoft and Constellation will see the restoration of the Three-Mile Island Unit 1 reactor to host the "Crane Clean Energy Center" as part of the tech giant's commitment to powering its artificial intelligence business through carbon-free power.

As part of the agreement, Constellation Energy will supply 835 megawatts of power to Microsoft and spend approximately $1.6 billion to bring the facility online — a goal the energy provider hopes to accomplish by 2028.

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ASI Alliance ‘quite far’ from OpenAI in hardware — SingularityNET CEO

September 20, 2024 Coin Telegraph

AGI

The ASI Alliance can enable mass adoption of decentralized networks in the same way the world jumped into ChatGPT, SingularityNET CEO believes.

The Artificial Superintelligence (ASI) Alliance, an industry merger aiming to challenge Big Tech dominance in artificial intelligence, has a long path to reach rivals’ computing power. Still, a key alliance member believes it can offer much smarter decentralization solutions.

On Sept. 19, ASI officially opened voting on bringing the cloud computing and blockchain platform Cudos into its alliance in a move to expand its computing power and AI tools.

Open until Sept. 24, the vote allows the community to decide whether Cudos should join and merge their native token, Cudos (CUDOS), with the ASI Alliance, which currently includes SingularityNET, the Ocean Protocol and Fetch.ai.

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