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The Securities and Exchange Commission (SEC) has issued a press release targeting Brian Sewell, founder of Rockwell Capital Management. Sewell reportedly encouraged hundreds of online students to invest in his fund, claiming it employed cutting-edge AI-based crypto trading strategies.
The House of Lords Communications and Digital Committee has published a report criticizing the government's approach to artificial intelligence. According to them, the focus on security is overly stringent, potentially stifling the development of new technologies.
Nvidia has injected $150 million investment in Kore․AI, an artificial intelligence chatbot, joining forces with notable investors such as FTV Capital, Coca-Cola, and Airbus. According to Raj Koneru, the CEO of Kore․AI, the company is experiencing exponential growth and is gearing up for an IPO.
The Indian government has raised an alarm over the proliferation of AI-generated fake content on social media and other digital platforms, particularly concerning its impact on the country's massive online user base of over 600 million people. Officials are wary of the unpredictable public response to such misinformation.
Cryptocurrencies, primarily due to their mining processes, are projected to boost their energy consumption by at least 40% within the next two years. Concurrently, the energy expenditure for AI apps is set to increase tenfold. These findings come from the International Energy Agency's recent report.
The European Commission is rolling out a comprehensive package of measures to encourage the development of artificial intelligence (AI) among startups, alongside small and medium-sized enterprises. This strategic plan is consistent with EU principles and guidelines.
Nvidia CEO Jensen Huang has reiterated calls for countries and corporations to build local AI data processing centers. According to him, this strategy would safeguard technological advances from potential external interference and various significant limitations.
Nvidia is now taking pre-orders from Chinese distributors for its latest artificial intelligence chip, crafted to adhere to the stringent U.S. sanctions. The new H20 graphics card is priced between $12,000 and $15,000, yet the retail cost in China begins at $15,300. Swarovski's AI Binoculars: Crystal Clear Vision
The rapid approach of artificial intelligence towards mainstream adoption continues to astonish, with its application in fields like optics breaking new ground. What could possibly link the iconic Swarovski jewelry brand with a pair of binoculars equipped with cutting-edge technical features?
Ethereum's founder, Vitalik Buterin, recently published an article titled "The promise and challenges of crypto + AI applications." He delves into the convergence of blockchain and AI technologies, highlighting key areas like data management, transparency, monetization, and cost reduction.
Samsung is set to enhance its new Galaxy S24 smartphone series for the Chinese market by integrating Ernie Bot, an AI chatbot developed by China's Baidu. This feature is designed to efficiently handle tasks like summarizing, reorganizing, and translating vast amounts of information. Moreover, the chatbot will include a visual search capability, enabling users to search the internet for items using photos or images.
Joe Lonsdale, the co-founder of analytics company Palantir, views the expansion of artificial intelligence as a potential driving force for the cryptocurrency market. He foresees a future where many AI-focused companies will embrace cryptocurrencies for payments.
At the onset of 2024, the Doomsday Clock, an indicator of how close humanity is to destroying the world, remained unchanged. However, scientists have now added artificial intelligence to the list of dire threats that could lead to global catastrophe, equating it with the risks of nuclear conflict and climate change. 





