Latvia central bank opens to fintech with ‘Innovation Hub’
The Bank of Latvia has been quietly stepping up its game in providing assistance to fintech projects while employing the latest emerging technologies internally. Go to Source
Technology
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Bitcoin miners seek alternative energy sources to cut costs
The next generation of crypto mining will focus on alternative energy sources for efficiency. Go to Source
Nvidia AI partner Databricks raises $500M to achieve $43B valuation
Capital One also joined the investment round, despite being the top client of rival cloud platform Snowflake. Go to Source
Five AI trends to look forward to in 2023 and beyond
From the growth of AI assistants to the rise of generative AI, here are some key trends that are expected to grow over the coming years. Go to Source
AI startup Helsing raises $223 million in Series B funding for defense solutions
The company emphasized its commitment to advancing AI technology for the safeguarding of democratic nations. Go to Source
Goldman Sachs dismisses AI bubble, predicts upcoming revolution
According to Goldman Sachs, the current period is the early phases of a new technology cycle, which is poised to deliver additional strong performance. Go to Source
Adobe, IBM, Nvidia join US President Biden’s efforts to prevent AI misuse
Adobe, IBM, Nvidia and five other companies have joined the initiative, unveiled in July, aimed at preventing the misuse of AI’s capabilities for harmful purposes. Go to Source
Gary Gensler confirms SEC’s use of AI for financial surveillance
The chair’s comments came in response to a query from Sen. Catherine Cortez Masto during a Senate oversight hearing. Go to Source
Are NFT markets in a death spiral or ready for a resurgence?
NFTs have taken a massive hit since the 2021 bull market, but some experts say they could make a comeback. Go to Source
Senators unveil bipartisan blueprint for comprehensive AI regulation
It is expected to be a guide in managing both the potential benefits and risks associated with AI technology. Go to Source