While every industry is looking for ways to harness AI to gain an edge over the competition, few have had as fraught a relationship with the technology as Hollywood. Even so, a new startup, Avail, announced the beta launch of its script summary platform, which it says will save film and television producers from having to read through long drafts…
The business world has seen this movie before. In 2017, it was called blockchain, and the technology was on the verge of changing everything, turning up everywhere from military intelligence to ice tea makers. Today, it’s artificial intelligence, and 2023 has seen a gargantuan boom in AI applications and hacks that many say will revolutionize the world—or even destroy it.…
How do you do, fellow degens? In the latest stop on Elon Musk’s eternal, multi-billion dollar quest for validation, the world’s richest man botched an attempt to riff with Twitter and Block co-founder Jack Dorsey this week about the importance of self-custody for crypto assets. “Not your keys, not your wallet, as they say,” Musk wrote Thursday in response to…
El Salvador’s government has announced a visa program offering foreigners a passport and residency if they invest $1 million in Bitcoin or Tether into the tiny Central American country. The “freedom visa” program is for high net worth individuals or investors who want to be part of “a commitment to building the country of the future,” according to the government’s…
Champions Ascension, a combat-oriented action role-playing affair, is the latest blockchain game to offer up free in-game items for Amazon Prime subscribers to claim. Beginning Friday, the Amazon Prime Gaming portal is offering subscribers a free claim for 100 in-game gold, as well as a monster parts loot box. The loot boxes can eventually yield enough parts for a player…
This week Bitcoin (BTC) price saw a shallow pullback, but the intra-day rally to the $44,000 level is an indication that the bulls are not hurrying to close their positions. Data from the popular HODL Waves metric shows that investors who purchased Bitcoin between December 2020 and December 2021 have been sitting on their coins. Investors have not been selling…
Taiwan’s central bank has completed a feasibility study of wholesale central bank digital currency (CBDC) and is continuing to consider its introduction. The central bank is seeking feedback from business and academics and will continue to work on platform design, deputy governor Mei-lie Chu said on Dec. 7. In a lengthy speech at an event for bankers, Chu outlined what…
Krist Novoselic, co-founder and bass guitarist for the seminal rock band Nirvana, recently led a shareholder proposal presentation urging Microsoft to reevaluate its approach to generative artificial intelligence. Called Shareholder Proposal 13: Report on AI Misinformation and Disinformation, per a press release, the proposal was submitted by Arjuna Capital “on behalf of Krist Novoselic” and several other shareholder groups. “Novoselic,…
The airdrops keep coming. The team behind Starknet, a layer-2 Ethereum scaling network, plans to allocate over 1.8 billion STRK tokens to community members and stakeholders, according to an announcement made Friday by the Starknet Foundation. The Starknet Foundation did not give a timeline for the airdrops, stating only that the first phase of the giveaway will begin “soon.” Some…
Prominent metaverse investor and blockchain game publisher Animoca Brands has raised an additional $11.88 million for its metaverse project Mocaverse, the company announced Thursday. This second tranche of funding comes after Animoca garnered $20 million for Mocaverse in September. With the additional capital, the Hong Kong-based firm has now raised $31.88 million to build out what’s described as a digital…
