Artificial intelligence (AI) – Page 48

Droppgroup Partners Solana-Focused Superteam to Drive Web3 Adoption in Saudi Arabia

July 12, 2024 by DIGIT

Web3 development firms Droppgroup and Superteam have partnered to accelerate Web3 adoption in Saudi Arabia. The collaboration aims to revolutionize Saudi Arabia’s public and private sectors through Web3. Collaboration Aligns with Saudi Arabia’s Vision 2030 Web3 development firm Droppgroup and Solana-focused development group Superteam have partnered to accelerate Web3 adoption in Saudi Arabia. The collaboration … Read more

Zambia Working on Establishing an AI Framework, Says Minister

June 30, 2024 by DIGIT

Zambia has reportedly initiated a process to establish an artificial intelligence framework and is collaborating with the Tony Blair Institute to formulate an artificial intelligence strategy. Sarah Luyele Njamu said Zambia can leverage AI for economic growth, improved healthcare, enhanced education, and sustainable development. Zambia Revising Cyber Security and Crime Law The Zambian government has … Read more

Neo and Phoenix Join Forces: Skynet to Power New Era of AI-Enhanced Blockchain Technology

June 21, 2024 by DIGIT

Neo has announced a partnership with Phoenix, a decentralized Artificial Intelligence (AI) infrastructure provider. This collaboration aims to blend AI with Neo’s blockchain infrastructure, marking a significant advancement in decentralized AI technology. The partnership will focus on the development of AI-enabled blockchain tooling on Neo X, an EVM-compatible sidechain, and will leverage Phoenix’s AI technology … Read more

Coinbase Investor and Openai Veterans Unite to Launch Safe Superintelligence

June 21, 2024 by DIGIT

In a significant development in the Artificial intelligence (AI) industry, Daniel Gross, known among other things for his investment in the cryptocurrency platform Coinbase, has teamed up with Ilya Sutskever, former Chief Scientist at Openai, and Daniel Levy, a former Openai employee and an expert in AI privacy, to launch a new venture. The new … Read more

Elliptic Study Finds AI-Enabled Crime in Cryptocurrency Remains in Early Stages

June 9, 2024 by DIGIT

A new study has found that crimes enabled by artificial intelligence in the cryptocurrency ecosystem are still in their nascent stages. Stakeholders can prevent these activities from becoming widespread through timely and measured responses. Data from the same study indicate a surge in tokens featuring AI-related keywords such as GPT, Openai and Bard. Approximately 4,500 … Read more

AI-Driven Fraud on the Rise, Financial Institutions Unprepared, Reveals Report

May 30, 2024 by DIGIT

A new report by Signicat, the European digital identity and fraud prevention solutions provider, reveals that artificial intelligence (AI) is used in over a third of fraud attempts targeting financial institutions, with one in fifteen fraud attempts now using deepfakes. The study, titled “The Battle against AI-driven Identity Fraud,” found that 42.5% of detected fraud … Read more

Microsoft Invests $70 Million in South Africa for AI Advancement

May 27, 2024 by DIGIT

Microsoft South Africa (SA) has entered into a $70.5 million artificial intelligence (AI) investment agreement with the Southern African nation’s Department of Trade, Industry, and Competition (DTIC). The investment aims to support the development of black-owned small, micro, and medium enterprises (SMMEs) in both tech and non-tech sectors over the next 10 years. Approximately 200 … Read more

Dfinity Senior Scientist: Bitcoin’s Next Significant Wave of Innovation Will Revolve Around DAOs

May 22, 2024 by DIGIT

After the introduction of ordinals, BRC-20 tokens, and more recently, Runes, the next significant wave of innovation on Bitcoin will revolve around Decentralized Autonomous Organizations (DAOs). Aisling Connolly, the Senior Research Scientist at the Dfinity Foundation, has asserted this. He stated that the technology, which is now well-suited to support DAOs and the more mature … Read more

X Launches ‘AI Audience’ for Advertisers, Promises Precision in Targeting

May 10, 2024 by DIGIT

The business account for the social media platform formerly known as Twitter, now referred to as ‘X,’ announced a new artificial intelligence (AI)-enhanced feature for advertisers called “AI Audience.” This feature enables advertisers to define their target audience in brief descriptions, after which X’s AI systems will quickly generate a relevant user pool for that … Read more

Iris Energy Boosts Hashrate to 9 EH/s Amid Declining Bitcoin Miner Earnings

April 30, 2024 by DIGIT

This week, the Nasdaq-listed bitcoin miner Iris Energy Limited announced it has boosted its hashrate to 9 exahash per second (EH/s) and aims to reach 10 EH/s in the coming month. This development follows the network’s fourth halving and occurs amid a period when Bitcoin’s hashprice has significantly declined, exerting intense pressure on BTC mining … Read more