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

November 10, 2024 Bitcoin.com

AI Adoption

The 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 […]

Committee on Financial Services Schedules Hearing To Probe Negative Effects of Operation Choke Point 2.0

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

November 9, 2024 Bitcoin.com

Binance

Bio 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 […]

Committee on Financial Services Schedules Hearing To Probe Negative Effects of Operation Choke Point 2.0

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

October 31, 2024 Bitcoin.com

AI Startup Backed by Billionaire Peter Thiel’s Founders Fund Raises 0 Million

bitcoin.com

Crusoe 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. […]

Committee on Financial Services Schedules Hearing To Probe Negative Effects of Operation Choke Point 2.0

Linkedin Under Scrutiny for Potential South African Privacy Violations

October 23, 2024 Bitcoin.com

AI training

A 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 […]

Committee on Financial Services Schedules Hearing To Probe Negative Effects of Operation Choke Point 2.0

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

October 21, 2024 Coin Telegraph

Coin Telegraph

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.

Committee on Financial Services Schedules Hearing To Probe Negative Effects of Operation Choke Point 2.0

Anthropic says AI could one day ‘sabotage’ humanity but it’s fine for now

October 19, 2024 Coin Telegraph

anthropic ai

The firm investigated four distinct “sabotage” threat vectors for AI and determined that “minimal mitigations” were sufficient for current models.

Artificial intelligence firm Anthropic recently published new research identifying a set of potential “sabotage” threats to humanity posed by advanced AI models.

According to the company, the research focused on four specific ways a malicious AI model could trick a human into making a dangerous or harmful decision.

Source: Anthropic

Committee on Financial Services Schedules Hearing To Probe Negative Effects of Operation Choke Point 2.0

Praxis’ $525M Crypto-Native City: A Test for the Network State Model and the Future of Nations

October 18, 2024 Bitcoin.com

Praxis’ 5M Crypto-Native City: A Test for the Network State Model and the Future of Nations

bitcoin.com

Praxis, an organization devoted to developing the first network state, has raised $525 million to finance the construction of its first city. The funding will streamline the construction of Praxis’ vision of a network state, a group of individuals with coordinated values settled in a metropolis. Praxis Announces $525 Million Financing to Build a Network […]

Committee on Financial Services Schedules Hearing To Probe Negative Effects of Operation Choke Point 2.0

Uber stock jumps, Tesla stumbles after Elon Musk’s Cybercab reveal

October 11, 2024 Coin Telegraph

artificial intelligence

Tesla’s failure to demonstrate progress in the field of autonomous vehicles appears to be making investors skittish.

Tesla’s big technology showcase appears to have missed the mark after an underwhelming series of announcements and reveals at the company’s Oct. 10 “We, Robot” event in Hollywood, California.

The company’s stocks have taken a nearly 8% hit in the wake of the event, while rival Uber’s are up by almost 9% at the time of writing.

Committee on Financial Services Schedules Hearing To Probe Negative Effects of Operation Choke Point 2.0

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

Committee on Financial Services Schedules Hearing To Probe Negative Effects of Operation Choke Point 2.0

Putin Reveals Over 85% of CIS Trade Now in National Currencies

October 9, 2024 Bitcoin.com

Armenia

Russian President Vladimir Putin announced that more than 85% of trade within the Commonwealth of Independent States (CIS) is now conducted in national currencies, highlighting a move toward greater financial independence. This development is part of broader efforts by CIS countries to reduce reliance on foreign economic systems, particularly imports, and to build resilient financial […]

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