Your biweekly roundup of cool AI stuff and its impact on society and the future. The past two months have seen a Cambrian explosion in the capabilities and potential of AI technology. OpenAI’s upgraded chatbot GPT-4 was released in mid-March and aced all of its exams, although it’s apparently a pretty average sommelier. Midjourney v5 dropped the next day and…
Singapore’s government-owned investment firm Temasek continues investing in cryptocurrency projects even after losing hundreds of millions of dollars to the collapsed FTX crypto exchange. Temasek has invested $10 million in Array, the developer of an algorithmic currency system based on smart contracts and artificial intelligence. Announcing the news on May 1, Array said that the raise is its second funding…
The fusion of Web3 and classic one-to-one marketing is poised to significantly reshape the digital marketing domain. Taking cues from the influential book “The One to One Future,” Web3’s approach to marketing emphasizes building individual connections with consumers while utilizing decentralization, data ownership and state-of-the-art technologies. By incorporating principles from this pioneering work, Web3 equips marketers with the ability to…
With the advent of readily available artificial intelligence (AI) applications such as ChatGPT, we are ushering in a new era of rapid improvements in blockchain-based smart contracts. This convergence of innovative technologies will transform industries and pave the way for unprecedented levels of contract development, automation and efficiency. Blockchain’s decentralized ledger technology powering cryptocurrencies like Bitcoin and Ethereum has gained…
The Kingdom of Bhutan is bullish on Bitcoin (BTC). Following the revelation that the small Himalayan Kingdom of Bhutan has been quietly accumulating crypto, the country is also mining Bitcoin. Moreover, the country of less than 800,000 people leverages green energy to power its Bitcoin mining operations. Known for its focus on “Gross National Happiness” and picturesque landscapes, Bhutan has…
On May 1, 2023, the California Department of Financial Protection and Innovation (DFPI) seized First Republic Bank, placing it into Federal Deposit Insurance Corporation (FDIC) receivership. According to reports, this move came after the bank’s financial troubles made it insolvent and unable to meet its obligations. Following the seizure, JPMorgan Chase submitted the winning bid to assume control of First…
Bitcoin started the week trading in the red, as markets prepared for an important week of U.S. economic events. On Wednesday, the Federal Reserve is expected to increase rates by 25 basis points, with nonfarm payrolls for April being released this coming Friday. Ethereum was also lower in today’s session. Bitcoin Bitcoin (BTC) continued to trade lower on Monday, as…
Learning artificial intelligence (AI) is becoming increasingly important for both technical and non-technical professionals, as it has the potential to revolutionize various industries and provide innovative solutions to complex problems. With free AI courses and online certifications, individuals can acquire the necessary knowledge and skills to stay relevant in today’s rapidly evolving job market. The Machine Learning Specialization by DeepLearning.AI…
TRON CEO Justin Sun has apologized to Binance CEO Changpeng “CZ” Zhao after the latter warned followers that Sun could use Binance’s Launchpool platform to farm giant amounts of a new blockchain token called Sui. CZ took to Twitter this morning after news broke that Sun had transferred $56 million to the exchange, warning him that Binance would “take action…
Uday Kotak, the CEO of Kotak Mahindra Bank, a financial institution based in India, recently expressed his view on the dominance of the U.S. dollar in global financial markets. Kotak stated that the U.S. dollar has “disproportionate power” as a reserve currency, retracting his previous statement in which he referred to the currency as the “biggest financial terrorist in the…
