Crypto Morning Briefing: Telegram Wallet Users Can Now Buy, Withdraw and Exchange Bitcoin
Google Bard Tries To Gain ‘Coding Assist’ Edge Over ChatGPT; Coinbase Set To Launch Base Mainnet Within 2023; DRW Denies Investment in 3AC’s OPNX
Elon Musk Threatens Lawsuit Against Microsoft for 'Illegal' Use of Twitter Data in AI Training
April 20 (Cointime) - Elon Musk, CEO of Tesla and Twitter, has threatened Microsoft with legal action, accusing the tech giant of "illegal" use of Twitter data to train its artificial intelligence (AI).
Crypto Evening Briefing: Crypto Protocol Fetch.ai Offering AI Trading Tools for Decentralized Exchanges
Fetch.ai aims to facilitate peer-to-peer trading between DeFi users using AI-powered software "agents."
Crypto Protocol Fetch.ai Offering AI Trading Tools for Decentralized Exchanges
Fetch.ai, a UK-based firm that develops artificial intelligence tools for crypto, is launching a set of enhanced trading products for decentralized exchanges (DEX). The platform will use AI-powered "agents" to execute trades based on user-defined parameters and facilitate peer-to-peer transactions between decentralized finance (DeFi) users. The agents employ their own smart contracts to carry out users' instructions, reducing the risk of a central smart contract being exploited by hackers. Fetch.ai's approach aims to increase DeFi adoption by addressing security concerns surrounding DEXs, where nearly $120 million in crypto had been stolen in 2022 across 19 different breaches, according to analytics firm Crystal Blockchain.
Environmental Impact of AI Models Takes Center Stage Amid Criticism Against Bitcoin Mining
Recent reports and academic papers have criticized the carbon footprint of artificial intelligence (AI) software, including OpenAI's Chatgpt program. Bloomberg reported that AI uses more energy than other forms of computing, with a single AI model consuming more electricity than 100 US homes in a year. Meanwhile, an academic paper cited by the University of Colorado Riverside and the University of Texas Arlington claims that Chatgpt uses a lot of electricity and water to cool data centers. However, not everyone agrees with these studies and alarming headlines, with some arguing that climate alarmism is a lie. The Gatestone Institute, for example, claims that climate alarmism is harmful to the West. While bitcoin provides economic freedom as a censorship-resistant currency, it, too, has faced scrutiny over its environmental impact, with some arguing that it must address climate change concerns.
AI Interactive Social Information Aggregator Streaming Platform, Techub.NEWS Press Conference Held Today at Hong Kong Cyberport
Techub.NEWS(www.Techub.news) is a Hong Kong-based streaming platform that aggregates interactive social information based on Artificial Intelligence.
Elon Musk Reiterates Warning About the Dangers of AI and Its Potential To Destroy Civilization
Tesla and Twitter chief Elon Musk warns AI’s potential to destroy civilization. During an interview with FOX, he noted that AI has the potential to be more hazardous than mismanaged aircraft design or production maintenance. He stated:
Elon Musk Expresses Concerns Over AI's Potential to Destroy Civilization
Elon Musk founded a new artificial intelligence-focused company called X.AI on March 9th, 2023.
Elon Musk Founds New AI Company Called X.AI on March 9th
Earlier report indicates Musk acquired thousands of graphic processing units (GPUs) for an upcoming generative AI product.
AI Interactive Social Information Aggregator Streaming Platform Techub.NEWS to Official Launch in Hong Kong on April 16
Techub.NEWS has closed a $1.1 million seed round participated by VCB, Ausvic Capital and MetaTdex Ventures.
Crypto Morning Briefing: Mysten Labs Buys Back Stake From FTX for $96 Million
Elon Musk Plans To Take On Google’s Bard & ChatGPT With New AI Startup; Metamask User Data From 18 Months Compromised; SEC Poised To Increase Its Scrutiny of Decentralized Finance Exchanges
Breaking: Elon Musk Plans To Take On Google’s Bard & ChatGPT With New AI Startup
According to a recent report published by the Financial Times on Friday, billionaire CEO Elon Musk is currently working on the formation of an Artificial Intelligence (AI) startup that will compete with the likes of ChatGPT-maker OpenAI, Google’s Bard and Amazon’s Bedrock.
DOJ Lawyer Accuses Google of Suppressing AI Innovation through Monopolizing Market
The top lawyer representing the U.S. DOJ in its antitrust case against Google has accused the tech giant of stifling AI innovation through monopolizing the search market via exclusivity deals. Google is alleged to have violated federal antitrust laws by having deals with clients like Apple to preload its search engine on devices and browsers. The DOJ is expected to give its verdict this summer. Kenneth Dintzer argued that the exclusivity deals should have been terminated the moment Google gained its monopoly, as Google pays billions to Apple every year to give it a competitive edge as the default search engine on the Safari web browser. In court, Dintzer questioned if AI innovation would have been stifled if Google had not maintained its monopoly. The report also mentions the AI chatbot ChatGPT, which has been at the forefront of conversations about AI development, although it has not been without controversy.
AI Will 'Accelerate' the Metaverse, Empower Creators: The Sandbox Co-Founder
The use of artificial intelligence, or AI, may speed up the pace at which original work is created in the metaverse, said Sebastian Borget, co-founder of The Sandbox and a speaker at Consensus 2023.
Universal Music Group Tells Streaming Services to Block AI-Generated Music
Universal Music Group (UMG) has asked streaming services such as Spotify and Apple Music to block AI services from harvesting melodies and lyrics from copyrighted songs. UMG has reportedly been sending out requests to take down AI-generated songs that have been popping up on streaming services with increased frequency. Developers have used music catalogs on streaming platforms to train AI technology, but UMG has become increasingly concerned about AI bots using intellectual property to produce music identical to actual artists. A source close to the situation said that the next generation of technology emerging poses significant issues. Google has also announced its own machine-learning music apparatus called MusicLM, which will be able to generate "high-fidelity music from text descriptions."
Elon Musk Reportedly Buys Thousands of GPUs for Twitter AI Project
Elon Musk, CEO of SpaceX, Tesla, and Twitter, has reportedly purchased nearly 10,000 graphics processing units (GPUs) for an artificial intelligence (AI) project at Twitter, according to anonymous sources familiar with the company. The sources said the project is in its early stages and works with a large language model (LLM), but the definite role of generative AI at Twitter is still not totally clear. Musk has previously expressed concerns about the risks of AI and recently signed an open letter with thousands of other researchers in the tech space to temporarily halt the development of AI due to risk for humanity.
Chinese Authorities to Enforce Security Reviews for AI Services
China's internet regulator, the Cyberspace Administration of China, has announced that it will enforce mandatory reviews of generative AI services prior to their public operation. The providers of AI services must ensure that all content is accurate, respects intellectual property, and does not discriminate or endanger security. Additionally, all AI-generated content must be clearly labeled as such. This announcement follows Baidu's unveiling of its new AI chatbot, ERNIE, which is built off of an AI-based deep learning model. Governments around the world are grappling with how to handle the rise of AI services, with Japan showing support for OpenAI's ChatGPT and the US President urging tech firms to consider the risks of AI to society, national security, and the economy. Meanwhile, Italy has placed a temporary ban on ChatGPT following a data breach on the platform, and OpenAI is facing a privacy probe in Canada after allegations of harvesting personal information.
Unveiling DetectiveGPT: A Groundbreaking 3D RPG Game With AI NPCs by City From Naught and Magipop DAO
City From Naught, a game AI company, has partnered with the Web3 creator community magipop DAO to develop a 3D detective RPG game using LLM and generative AI, allows players to delve deep into the truth by interacting freely with AI NPCs.
CryptoGPT Raises Funds at a $250 Million Token Valuation
CryptoGPT, a zero-knowledge layer 2 blockchain network that leverages artificial intelligence, has raised $10 million in a Series A funding round from DWF Labs at a $250 million token valuation. However, only $420,000 of the total amount has been invested so far, with the rest to be invested over 285 days in line with the vesting schedule outlined in CryptoGPT's tokenomics. DWF Labs will also become an active market maker for CryptoGPT's GPT token. The funds will be used to grow CryptoGPT's developer team and expand in Asia. Its mainnet is expected to go live in Q3 2023. Previously, CryptoGPT raised $3 million in a token round through a public sale of DAO Maker.
Crypto Evening Briefing: S. Korean Crypto Exchange Gdac Hacked for Nearly $13M
The exchange said on Sunday hackers transferred the crypto assets from a hot wallet to an unidentified wallet.
