Nvidia flexed its AI muscles this week, unveiling a slew of next-generation products to usher in the new era of artificial intelligence. From what it described as a breakthrough AI-focused superchip to more intuitive developer tools, Nvidia clearly intends to remain the engine powering the AI revolution. This year’s Nvidia presentation at SIGGRAPH 2023—an annual conference devoted to computer graphics…
The United States Federal Reserve is broadening the scope of its supervision program which oversees U.S. banks that engage with the cryptocurrency and blockchain industry. An Aug. 8 announcement by the Federal Reserve Board established the Novel Activities Supervision Program which aims to limit certain crypto-related activities and facilitate a more fair playing field for banks involved with servicing the…
Crypto mining firm Marathon Digital missed earnings and revenue expectations with its second-quarter 2023 results. Marathon’s Q2 2023 results on Aug. 8 reported revenues of $81.8 million compared to Zacks Investment Research’s estimate of $83.2 million. The crypto miner reported a earnings per share net loss of 13 cents compared to Zacks’ estimate of a 3 cents per share loss.…
When professor Jane Friedman complained about books that she didn’t write being attributed to her on Monday, ecommerce giant Amazon initially said that it would not remove them. But after she took her case to Twitter, earning the backing of the Authors Guild, Amazon relented early this morning. Friedman—a non-fiction writer, journalist, and educator—said Amazon had refused to remove the…
This story comes from GG. Your Web3 Gaming Power-Up Discover GG Mojo Melee puts a more casual spin on the “auto battler” (or “auto chess”) genre, with a more approachable strategy experience than the genre’s top games like Auto Chess and Teamfight Tactics—with optional NFTs in the mix, too. After launching in beta this spring, Mojo Melee has fully launched,…
Cryptocurrency custody firm Anchorage Digital and major mining manufacturer Bitmain could take equity stakes in Core Scientific as part of the firm’s restructuring plan. According to an Aug. 8 filing for United States Bankruptcy Court for the Southern District of Texas, Bitmain plans to sell Core Scientific 27,000 S19j XP Miners in exchange for roughly $23 million in cash and…
Disgraced crypto mogul Sam Bankman-Fried will still face seven criminal charges, prosecutors said on Tuesday in a letter to the judge overseeing the case—and a campaign finance charge is not going away. The Complex Frauds and Cybercrime Unit at the Southern District of New York U.S. Attorney’s Office hit Bankman-Fried with eight charges in December. One of the charges—conspiracy to defraud…
Tesla CEO Elon Musk’s attorneys argued on Monday that the billionaire’s legal battle with a group of disgruntled Dogecoin investors has dragged on for too long. Musk’s counsel asked for the plaintiff’s revised complaint to be dismissed, according to a filing submitted in a New York federal court. In a letter supporting the dismissal, Musk lawyer Alex Shapiro skewered the…
Nearly two dozen researchers from the University of Tsinghua University, The Ohio State University, and the University of California at Berkeley collaborated to create a method for measuring the capabilities of large language models (LLMs) as real-world agents. LLMs such as OpenAI’s ChatGPT and Anthropic’s Claude have taken the technology world by storm over the past year as cutting edge…
Cryptocurrency exchange Bitstamp will suspend trading of Axie Infinity (AXS), Chiliz (CHZ), Decentraland (MANA), Polygon (MATIC), Near (NEAR), Sandbox (SAND), and Solana (SOL) for customers residing in the U.S. beginning August 29. According to the Aug. 8 announcement, trading of the seven aforementioned cryptocurrencies will soon become unavailable for trading for U.S. customers due to “recent developments.” While the firm…
