Tag Archives: Artificial Intelligence (AI)

Amazon Web Services (AWS) – the cloud unit of the e-commerce giant – said it will distribute $100 million for a center to help entities employ generative artificial intelligence (AI).  Microsoft and Google – two other giant corporations – have made even bigger investments in AI.  AWS’ CEO Adam Selipsky revealed the plans in a recent interview for CNBC, showing that the company realizes the potential of the new technology: “You ask yourself the question — where are the...

The oldest tennis tournament – the Wimbledon Championships (simply known as Wimbledon) – will introduce artificial intelligence-based audio commentary and player analysis for this year’s competition.  The initiative comes after a collaboration between International Business Machines (IBM) and The All England Lawn Tennis Club. New Feature for Fans As revealed by IBM, the upcoming tool will allow tennis enthusiasts to observe key moments of matches with audio commentary. The...

ChatGPT has been all the rage since its launch in November 2022, and updates, particularly access to GPT-4 version for ChatGPT Plus paid subscribers, have kept it in the news throughout the period so far.  The AI-powered Chatbot may soon have several additional features, including collaborative and connected workspaces. Additionally, users can upload files along with their questions. These upgrades will make the Chatbot provide more accurate and intelligent responses....

Artificial intelligence is venturing into the mainstream quicker than ever before, with AI-based chatbots such as OpenAI’s ChatGPT booming in popularity. It’s also had a considerable effect on the cryptocurrency industry, as a bunch of AI-related cryptocurrencies (and not so related) soared in value in the beginning of 2023, as the AI mania was just gathering steam. Now, a gamified approach to the popular Turing Test is revealing some fascinating results as to how far...

As Artificial Intelligence (AI) continues to attain breakthroughs in what’s possible, there is a growing concern about whether these innovations may become more powerful than their creators. Matt Clifford, chairman of the UK’s Advanced Research and Invention Agency (ARIA), stressed this in a recent interview with a local news outlet. AI Needs Regulation Within 2 Years Clifford emphasized that AI needs to be regulated soon to curb the risk of becoming “very powerful” within...

The cryptocurrency industry continues to comingle with that of artificial intelligence in what is reported as a new deal between tech heavyweight Microsoft and former Ethereum miner – CoreWeave. According to recent coverage by CNBC, Microsoft has signed a deal with the former Ethereum miner – CoreWeave. It’s worth noting that CoreWeave has spun up its usage of cloud computing infrastructure from Ethereum mining and is currently one of the rapidly developing providers. It...

The cryptocurrency industry has been widely impacted by the advance in artificial intelligence technology. More specifically, the increasing po polarity of AI-based chatbots like ChatGPT and Google Bard has spawned a subsection of cryptocurrencies themed around that field. There is a myriad of coins in the market that saw exponential growth because of the soaring interest in AI. We’ve also tapped ChatGPT on numerous topics, such as: And while it’s exciting to chat with an AI...

JP Morgan is developing an artificial intelligence service similar to ChatGPT geared towards offering users investment advice. The software service, titled “IndexGPT,” will tap cloud computing software using AI to analyze and select securities based on its customers’ needs.  AI Investing With JP Morgan As reported by CNBC, JP Morgan applied to trademark a product under the new name this month, per a filing from the bank.  Other banks such as Goldman Sachs and Morgan Stanley...

Following OpenAI’s astonishing success, another project backed by its CEO Sam Altman has closed a significant funding round amidst a bleak year for crypto investments. The crypto ID project – Worldcoin – has raised $115 million in a Series C funding round led by Blockchain Capital. Other participants in the funding round include a16z, Bain Capital, and Distributed Global. Worldcoin, which falls under the umbrella company of Tools for Humanity, is a unique open-source protocol...

Worldcoin is in advanced talks to raise fresh capital as it nears launch in the next few weeks, according to the Financial Times. The project aims to use iris-scanning technology to create a secure global cryptocurrency called Worldcoin. Previous investors in Worldcoin include Andreessen Horowitz’s crypto fund, FTX founder Sam Bankman-Fried, and internet entrepreneur Reid Hoffman. The firm was founded in 2019 and has been working on digital identification technology using...