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Deutsche Bank’s AI Gamble: Partnership With Aleph Alpha Expected to Boost Innovation

Deutsche Bank’s AI Gamble: Partnership With Aleph Alpha Expected to Boost InnovationDeutsche Bank has invested in German artificial intelligence (AI) startup Aleph Alpha. The bank aims to leverage AI for operational efficiency and regulatory compliance. Deutsche Bank: Perfect Partner for AI Innovation Strategy German financial services giant Deutsche Bank has joined artificial intelligence (AI) startup Aleph Alpha as a strategic investor and partner. As part of […]

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Injective Launches Onchain AI Agents for Everyone

Injective Launches Onchain AI Agents for EveryoneUsers can design multiple autonomous artificial intelligence (AI) agents using iAgent to achieve specific objectives. One AI Agent to Rule Them All Injective has officially unveiled its latest innovation, iAgent. With the rise of AI agents, iAgent is a software development kit (SDK) that allows users to create and deploy their own onchain AI agents. […]

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Rise of the Machines: African Students Fear AI Will Steal Their Jobs

Rise of the Machines: African Students Fear AI Will Steal Their JobsAfrican university students are concerned about the impact of AI on job prospects, while experts argue for a balanced approach that embraces technology while mitigating its potential negative effects. Job Preservation vs. Development: The AI Dilemma Some African University students have voiced concern over the growing adoption of artificial intelligence (AI) and its potential impact […]

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Aave Considers Partnership With Bitcoin-Based Spiderchain

Aave Considers Partnership With Bitcoin-Based SpiderchainAave, a leading decentralized finance (defi) protocol, may soon expand its footprint in the Bitcoin ecosystem with a proposal to deploy its Version 3 (V3) on the Spiderchain network. Governance Proposal: Aave V3 Deployment on Spiderchain The governance proposal, authored by ACI, aims to integrate Aave V3 with Spiderchain, an Ethereum Virtual Machine (EVM)-compatible layer […]

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Binance Report Highlights Rise of AI-Powered Crypto Apps and the Success of AI-Backed Meme Coins

A new Binance report explores the rise of AI-powered crypto applications, highlighting the success of an AI-backed meme coin and the emergence of platforms for creating and managing AI agents. AI-Endorsed Meme Coin Brings Alignment Concept to the Fore According to a new report by Binance, the emergence of the artificial intelligence (AI) agent Terminal […]

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Withanage Foundation Bets Big on African AI With Launch of Research, Investment Program

Withanage Foundation Bets Big on African AI With Launch of Research, Investment ProgramThe Withanage Foundation is launching a research and development program and $500 million investment vehicle to support AI development in African agriculture, finance, and governance. AI for Data-Driven Innovation The Swiss-based Withanage Foundation has launched a research and development program to support Africa-focused artificial intelligence (AI) platforms. The launch precedes the expected announcement of a […]

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Binance Takes Substantial Bet on Decentralized Science With Strategic Investment in BIO Protocol

Binance Takes Substantial Bet on Decentralized Science With Strategic Investment in BIO ProtocolBio Protocol investment by Binance Labs points the way toward using blockchain for the betterment of humanity. Decentralized Science Gets a Boost with Binance Funding Binance Labs, the venture capital arm of Binance, has announced a strategic investment in BIO Protocol. This move signifies Binance Labs’ entry into the growing Decentralized Science (desci) sector, a […]

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AI Startup Backed by Billionaire Peter Thiel’s Founders Fund Raises $500 Million

AI Startup Backed by Billionaire Peter Thiel’s Founders Fund Raises 0 MillionCrusoe Energy is set to secure approximately $500 million in equity capital from investors including billionaire Peter Thiel’s Founders Fund. VC Firms Pour Billions into AI Startups Crusoe Energy, a vertically integrated artificial intelligence (AI) infrastructure company, is set to secure approximately $500 million in equity capital from investors including billionaire Peter Thiel’s Founders Fund. […]

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Linkedin Under Scrutiny for Potential South African Privacy Violations

Linkedin Under Scrutiny for Potential South African Privacy ViolationsA South African artificial intelligence association has accused Linkedin of violating local data privacy laws by using user data to train its AI models without explicit consent. The association has urged the country’s data regulator to investigate. Linkedin has however defended its practices, claiming users can opt out of AI training. The data regulator confirmed […]

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Quantum computer ‘threat’ to crypto is exaggerated — For now

Bitcoin’s private keys won’t be breached any time soon. But the industry still needs to transition to a “post-quantum cryptography.” 

A report that Chinese researchers have employed a D-Wave quantum computer to breach encryption algorithms used to secure bank accounts, top-secret military data and crypto wallets is at first glance a matter for deep concern. 

“This is the first time that a real quantum computer has posed a real and substantial threat to multiple full-scale SPN [Substitution-Permutation Network] structured algorithms in use today,” wrote Shanghai University scientists in a peer-reviewed paper, according to the South China Morning Post (SCMP) on Oct. 11.

The paper talks about breaking RSA (Rivest-Shamir-Adleman) encryption, one of the oldest and widely used public-key cryptosystems.  

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