Artificialintelligence
What is Conch AI?
Conch AI is an AI-powered writing assistant offering features like rewriting, summarizing, answering questions, and generating text. It also bypasses AI detection algorithms. Available as a Chrome extension.
EminiFX CEO Sentenced to Nine Years for $240 Million Crypto Fraud Scheme
EminiFX CEO, Eddy Alexandre, sentenced to nine years for defrauding investors of $240M through fabricated returns and false AI trading claims.
What Happens When AI Meets Bitcoin and Crypto: Insights from Arthur Hayes
Arthur Hayes discusses the potential impact of AI on society, predicting that AI and robotics will eliminate tedious work, leading to a renaissance of art and culture. He believes AI could overtake humans and change the course of humanity overnight. Hayes believes Bitcoin will be the currency of choice for AI due to its digital nature, censorship resistance, and energy purchasing power.
Mastercard Uses AI to Combat Real-Time Payment Scams
Mastercard has introduced a brand new artificial intelligence (AI)-powered solution with the intention of assisting financial institutions in combating payment fraud and scams in real time, ahead of any potential monetary abuses.
Crypto Miner HIVE Blockchain Rebrands to Drive AI Expansion
HIVE Blockchain Technologies Ltd. has declared its plan to strategically rebrand, including a transition to the new name "HIVE Digital Technologies Ltd." This rebranding initiative is designed to mirror the company's progression into the realm of high-performance computing (HPC) data centres, utilizing Nvidia's superior Graphics Processing Unit (GPU) chips to tap into the burgeoning trend of widespread adoption in the field of Artificial Intelligence (AI).
Senator Michael Bennet Urges Tech Giants to Curb AI-Generated Misinformation
U.S. Senator Michael Bennet from Colorado has today called on leaders of prominent technology and artificial intelligence (AI) companies, including Meta, Alphabet, Microsoft, Twitter, TikTok, and OpenAI, to implement proactive strategies to combat the proliferation of misleading AI-generated content.
Spotify removes AI-generated music
Spotify has removed 7% of AI-generated music created by Boomy due to fraudulent streaming activities. Universal Music Group had alerted Spotify of suspicious streaming activity on Boomy tracks. The removal of the songs was due to suspected artificial streaming by bots posing as listeners. Music industry giants like UMG are fighting to control AI, while some artists like Grimes are championing its use.
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.
EU Drafts AI Bill to Address Copyright Concerns
The European Union has passed a draft bill that will classify AI tools according to their risk level and impose stricter transparency procedures for high-risk tools. The bill is part of the EU’s Artificial Intelligence Act and aims to address concerns around the use of copyrighted materials in AI training.
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.