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Blockchain Monitor Launched to Track Coronavirus-Free Safe Zones to Protect the Non-Infected Community During Pandemic
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Blockchain Monitor Launched to Track Coronavirus-Free Safe Zones to Protect the Non-Infected Community During Pandemic

The coronavirus pandemic has currently reached countless countries and territories all over the world and has caused over 220,000 infections in the world population. With the global death rate climbing and almost reaching 9,000, the World Health Organization declared it as a pandemic on March 11.

EU to Regulate AI Use of Copyrighted Material
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EU to Regulate AI Use of Copyrighted Material

The European Union has passed a draft bill to regulate AI use of copyrighted materials. AI tools will be classified according to their risk level, with high-risk tools subjected to stricter transparency procedures. The bill is part of the EU's Artificial Intelligence Act and aims to strike a balance between protecting citizens and fostering innovation.

Singapore Unveils Ambitious National AI Strategy 2.0 for Future-Ready Innovation
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Singapore Unveils Ambitious National AI Strategy 2.0 for Future-Ready Innovation

Singapore's updated National AI Strategy 2.0, launched on Dec 4, focuses on expanding AI talent to 15,000, building an AI community hub, and integrating AI across various sectors for public good.

Over 1 Million Applicants Join Nigeria's 3MTT AI Program
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Over 1 Million Applicants Join Nigeria's 3MTT AI Program

Nigeria's 3MTT program, led by Bosun Tijani, is attracting over one million applicants, demonstrating the country's commitment to AI education and fostering a technologically skilled workforce.

China to Strengthen Artificial Intelligence Development with New Legislation
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China to Strengthen Artificial Intelligence Development with New Legislation

China has included a draft AI law in its legislative agenda for the State Council in 2023, which will be reviewed by the National People's Congress.

SBI Holdings to Launch Investment Fund for Emerging Companies like Web3, AI, and Metaverse Startups
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SBI Holdings to Launch Investment Fund for Emerging Companies like Web3, AI, and Metaverse Startups

SBI Holdings plans to invest 100 billion yen in startups focusing on Web3, AI, and metaverse, with financial institutions supporting Japan's goal to nurture its startup ecosystem and enhance its Asian startup hub position.

Elon Musk Warns of AI Destructive Potential
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Elon Musk Warns of AI Destructive Potential

Tesla and Twitter CEO Elon Musk has voiced his concerns over the potential for artificial intelligence to destroy civilization. Despite Musk’s plan to create a new AI startup, he acknowledges the dangers of the technology falling into the wrong hands or being developed with ill intentions.

Tencent Cloud Launches Deepfake Generator
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Tencent Cloud Launches Deepfake Generator

Tencent Cloud, the cloud services arm of Tencent, has launched a deepfake generator that uses three-minute video clips and 100 voice sentences to create convincing digital humans. The service can create deepfakes in Chinese and English and costs $145.

China’s Blockchain and FinTech Sector to Brace for 'Capital Winter' Even After the Coronavirus Pandemic Subsides
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China’s Blockchain and FinTech Sector to Brace for 'Capital Winter' Even After the Coronavirus Pandemic Subsides

Investment activity in China’s tech sector has seen a massive drop in the past four months since the coronavirus outbreak has emerged from the city of Wuhan. The venture capital market has been suffering a tremendous impact on its existing drop in activity.

European Commission Launches Research Unit to Investigate Algorithms Used by Big Tech
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European Commission Launches Research Unit to Investigate Algorithms Used by Big Tech

The European Commission has launched a new research unit called the European Centre for Algorithmic Transparency (ECAT) to investigate the impact of algorithms used by prominent online platforms and search engines such as Facebook and Google. The team will analyze and evaluate the AI-backed algorithms used by Big Tech firms to identify and address any potential risks posed by these platforms.

Bitget Pledges $10 Million for Fetch.ai Ecosystem
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Bitget Pledges $10 Million for Fetch.ai Ecosystem

Bitget, a cryptocurrency derivatives exchange, has pledged $10 million towards the development of the Fetch.ai ecosystem. Fetch.ai provides infrastructure for autonomous services and features an AI agent network and smart wallet.

Neara Secures $24M Series B Boosting Utilities' Resilience and Renewable Energy Integration
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Neara Secures $24M Series B Boosting Utilities' Resilience and Renewable Energy Integration

Neara, with a fresh $24M Series B funding, is set to bolster its AI-centric infrastructure modeling platform, aiming to mitigate climate risks faced by utilities and accelerate renewable energy integration. The investment led by Prosus Ventures will fuel Neara's global expansion and the development of its novel System of Enablement functionality, facilitating a smoother transition towards renewable energy, especially in the US and Europe.

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