Tag Archives: Artificial Intelligence (AI)

Tether, the company behind USDT, the largest stablecoin by market capitalization, has announced plans to double down on its artificial intelligence (AI) focus and recruit relevant talent to that effect. According to an official release, the stablecoin provider said the move highlights its dedication to advancing AI efficiency and accessibility in the technology sector. Tether Strengthens AI Focus Tether’s latest move will see the firm focus on key areas like the development...

TL;DR AI coins are gaining momentum in the crypto industry, highlighted by an ongoing NVIDIA Artificial Intelligence conference. Bittensor (TAO) leads the AI token market with a market cap of over $4.5 billion. Render (RNDR) and Fetch.ai (FET) are also standout assets, experiencing rapid increases in value and showcasing the potential of AI in blockchain technology. AI Tokens Take Center Stage The cryptocurrency market has been in a state of serious revival in the past few...

A recent Coinbase report notes that the perceived value of numerous AI tokens has been overstated, leading to concerns regarding their sustainability. David Han, a research analyst at Coinbase, highlighted the recent price surges observed in these tokens may be driven more by hype than genuine utility or usage. Surge in AI-Related Crypto Projects Raises Questions Based on data from CoinGecko, AI-related crypto projects have surged to a total value of $26 billion this year. A...

An unidentified trader has successfully generated a profit of $176,000 from a modest initial investment of 0.049 ETH, valued at just $137 at the time. Per analysis by Lookonchain, the trader initially utilized 0.049 ETH to acquire 16 million SORA tokens. Trader Nets 1280x Return The trader then made a strategic move by selling 12.36 million SORA tokens for a significant return of 36.57 ETH, which amounted to $102,492 at the prevailing market rates. In addition, including the...

To crack down on fraudulent activities and safeguard consumer interests, the Federal Communications Commission (FCC) has officially prohibited using artificial intelligence-generated voices in unwarranted robocalls across the United States. This move follows an incident where New Hampshire residents received fabricated voice messages mimicking U.S. President Joe Biden, advising against participation in the state’s primary election. FCC Extends TCPA Protections The ban,...

Meta’s metaverse unit – Reality Labs – recorded its most successful quarter to date despite sustaining significant financial losses. Its recently released Q4 report revealed that the division clocked over $1 billion in revenue in the last quarter of 2023, primarily driven by sales of its Quest headsets and the Ray-Ban Meta smart glasses. Reality Labs Breaks Revenue Records Although surpassing the $1 billion revenue mark marks a significant achievement for Meta’s Reality Labs,...

A significant challenge for AI lies in its potential to compromise privacy. Artificial Intelligence (AI) systems depend on vast amounts of data, which could be exploited for identity theft or cyberbullying. There are worries about personal data being utilized to train AI models, the creation of deepfake voices or faces for fraudulent activities, and nations conducting information warfare campaigns. But blockchain can solve this crisis. A new report suggests that blockchain...

Grok, an AI chatbot with access to tweets from all over X and programmed to be as snarky as possible, is the principal product offered by xAI. The company is Elon Musk’s response to OpenAI – which he also co-founded. However, he later left after disagreements with Sam Altman and others over how to develop and profit from the tech that they were building. Bid for Investment Registered Late Last Year In early December, Elon Musk filed an SEC Form D for xAI, a document that...

The WEF in the Swiss town of Davos kicked off on Jan. 15 with more than 60 heads of state and government in attendance. In previous years, crypto companies were leading the advertising race in the main promenade in Davos; however, the billboards have been taken over by AI firms in 2024, reported CNBC. This shift reflects the explosion in interest and investment in AI over the past year. Meanwhile, crypto has faded from the Davos spotlight after its terrible 2022, lackluster...

Michael Saylor revealed an alarming trend involving the proliferation of artificial intelligence (AI) generated deepfake videos featuring him. Saylor disclosed that his team is tirelessly working to remove approximately 80 such fake videos daily, most aimed at promoting various Bitcoin scams. Deepfake Videos Promoting Bitcoin Scams ⚠️ Warning ⚠️ There is no risk-free way to double your #bitcoin, and @MicroStrategy doesn’t give away $BTC to those who scan a barcode. My team...