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Tag Archives: Technology News

Aumenta Solutions, MSI, Jelurida Partner for Blockchain-Based Port Infrastructure Maintenance Platform

Aumenta Solutions and MSI’s port infrastructure maintenance project is based on the Ardor blockchain and makes use of augmented reality technology. The TECNIO Centre EASY research group’s Aumenta Solutions, an augmented reality solution provider for industry, engineering and architecture professionals, has partnered with shipping company MSI and blockchain development and maintenance firm Jelurida to transform the port infrastructure maintenance industry. The collaboration will incorporate...

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Shiba Inu Metaverse to Partially Launch in December 2023

Shiba Inu developers have announced that the Metaverse scheme will roll out at the end of 2023 as an “ongoing project”. According to Shiba Inu (SHIB) developers, the project’s planned metaverse will partially open by the end of 2023. Developers added that the ‘partial’ opening is because SHIB’s metaverse might not be fully completed on release. Instead, the upcoming decentralized universe will be an “ongoing project” that will keep onboarding new features and enhancements even after its...

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Chinese Regulators Publish Guidelines for Development of ChatGPT-Like AI Products

Just like blockchain technology, the emergence of AI is relatively new and the laws governing such innovations are notably limited. Chinese regulators, particularly the Cyberspace Administration of China (CAC) have floated a new set of guidelines that will oversee the development of ChatGPT-like Artificial Intelligence (AI) products from its homegrown companies. As reported by CNBC, the new guidelines will seek to promote the tenets of socialism across the board. The growth of Large...

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Alibaba to Roll Out ChatGPT Rival Soon with English & Chinese Language Capabilities

E-commerce giant Alibaba is close to rolling out the beta version of its ChatGPT rival, Tongyi Qianwen, for Chinese enterprise customers.  Alibaba (NYSE: BABA) appears set to roll out its ChatGPT rival product Tongyi Qianwen as the race for AI dominance heats up. At Tuesday’s Alibaba Cloud Summit, the Chinese e-commerce giant revealed the ChatGPT-style product, touching on its functionality. According to Alibaba, Tongyi Qianwen will allow English and Chinese language interactions....

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Alibaba Cloud Set to Launch ChatGPT Rival Called Tongyi Qianwen

In the push to launch its own version of ChatGPT, Alibaba Cloud will need to take in account the impact of regulations in China and the influence of competitors. Alibaba Cloud, one of the major subsidiaries of Chinese multinational tech giant Alibaba Group Holdings Ltd (HKG: 9988), is reportedly set to launch its own ChatGPT rival in what has become a major frenzy in today’s tech world. As reported by Bloomberg, Alibaba Cloud has been sending invitation codes to some of its corporate...

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Japan Greenlights Web3 White Paper to Boost Crypto Adoption & Growth

Japan recently approved a Web3 white paper that could place the East Asian nation at the forefront of global crypto growth.  Japan has approved a Web3 white paper to boost the country’s fledgling crypto industry growth. On Thursday, the East Asian nation’s ruling Liberal Democratic Party’s Web3 project team published the crypto-guiding document. The white paper proposes several recommendations for growing and enhancing Japan’s digital currency space. These include instituting more tax...

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Alphabet CEO Sundar Pichai Hints at Chat AI for Google

The determination to float products that will be able to provide an interactive search interface for users has been cited by the Alphabet CEO as a major opportunity to be tapped into. Sundar Pichai Sundar Pichai, the Chief Executive Officer (CEO) of American multinational tech giant, Alphabet Inc (NASDAQ: GOOGL) has hinted that the company is working on a conversational chat Artificial Intelligence (AI) solution that can be integrated into its Google search engine tool. While Pichai...

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Meta to Start Using Generative AI Tools for Creating Ads before Year End

Meta intends to bring together its teams working on generative AI across the company into one group to build “delightful experiences around this technology” into all of its different products. Meta Platforms Inc (NYSE: META) has shared its plans regarding the future progress in artificial intelligence (AI) development. As Meta has revealed, it will start employing its generative AI tools to create ads for companies before the end of this year. Advertising as a unit has long been generating...

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Samsung Quarterly Profit Set for 92% Crash Not Seen in 14 Years as Memory Chip Surplus Continues

Analysts say that expected figures from Samsung will likely reveal a heavy crash in operating profit as the company struggles to sell chips. Samsung Electronics Co Ltd is expected to see an unprecedented crash in first-quarter profit. According to a Reuters publication, Samsung will likely suffer its worst profit crash in 14 years as it struggles with excess memory chip production. Samsung is currently unable to sell its memory chips as demand continuously wanes. The general market awaits...

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Euler Finance Hacker Turns In $31M as Recovery Efforts Come to Close

The decentralized lending platform was exploited in a March 13 flash loan attack, causing it to lose $197 million worth of crypto assets. In the late hours of Monday, the Euler Finance hacker finally returned the outstanding sum of $31 million, bringing the recovery efforts to a conclusive end. The decentralized lending platform was exploited in a March 13 flash loan attack, causing it to lose $197 million worth of crypto assets. And shortly after the hack, Euler Finance offered the...

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