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EU Drafts AI Bill to Address Copyright Concerns
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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.

Demand for Blockchain and AI Expected to Push Market Value to $980.7M by 2030: Report
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Demand for Blockchain and AI Expected to Push Market Value to $980.7M by 2030: Report

Since blockchain and artificial intelligence are among the greatest technological innovations, their demand is expected to make the market value soar to $980.7 million by 2030, a study suggests.

Scenarios for the Transition to Artificial General Intelligence (AGI)
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Scenarios for the Transition to Artificial General Intelligence (AGI)

A recent working paper by Anton Korinek and Donghyun Suh explores different scenarios for the transition to Artificial General Intelligence (AGI). The paper analyzes the impact of technological progress on output and wages, considering the possibility of full automation and its implications for the labor market. The authors discuss the race between automation and capital accumulation, the effects on wage dynamics, and the potential for broad-based gains in productivity. The research provides valuable insights into the economic consequences of AGI development.

How Apple Will Advance in Generative AI in 2024
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How Apple Will Advance in Generative AI in 2024

Apple's 2024 agenda includes the launch of Vision Pro, advancements in generative AI with iOS 18, and integrating AI across its ecosystem. Emphasizing thoughtful AI integration, Apple navigates generative AI's potential while maintaining its privacy-focused approach.

Blockchain and the Wheel of Fate: The Role of Blockchain Technology in Disease Surveillance and Pandemic Prevention
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Blockchain and the Wheel of Fate: The Role of Blockchain Technology in Disease Surveillance and Pandemic Prevention

Pandemics are an inescapable fact of life on Earth. They have happened before, and we are on the verge of experiencing the latest such event through the relentless spread of the coronavirus. How can blockchain technology help to contain pandemics?

UK to Invest in AI Task Force
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UK to Invest in AI Task Force

UK officials announced the allocation of £100 million in funding to support an AI task force to accelerate the country's readiness for AI adoption. The task force will prioritize public services and will aim to ensure safe and reliable foundation models for AI use.

AI DeFi Trading Bots in 2025: How Crypto x AI Is Changing Profit Strategies for Retail Traders
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AI DeFi Trading Bots in 2025: How Crypto x AI Is Changing Profit Strategies for Retail Traders

In 2025, AI DeFi trading bots are critical for retail traders, automating strategies, enhancing speed, and improving emotional control in trading decisions.

Dutch Government Invests Heavily in AI to Compete Globally
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Dutch Government Invests Heavily in AI to Compete Globally

The Dutch government has allocated €204.5 million ($222.07 million) for AI development, signaling a robust commitment to advancing the Netherlands' position in the global AI landscape and adhering to the EU's AI Act.

Bybit Rolls Out Grid Bot for Automated, Seamless Futures Trading
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Bybit Rolls Out Grid Bot for Automated, Seamless Futures Trading

Crypto exchange Bybit has launched a new trading bot for seamless and automated trading to tame price volatility and risk associated with futures trading.

Mastercard Uses AI to Combat Real-Time Payment Scams
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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.

Google Merges Teams to Form Google Deepmind for AI Breakthroughs
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Google Merges Teams to Form Google Deepmind for AI Breakthroughs

Google merges its Brain team with DeepMind to create Google DeepMind, a new business unit dedicated to developing AI in a safe and responsible manner. The team aims to accelerate progress in AI breakthroughs and products, with Chief Scientist Jeff Dean leading the development of powerful, multimodal AI models.

Misuse of Facial Recognition: The $10M Macy's and Sunglass Hut Legal Battle
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Misuse of Facial Recognition: The $10M Macy's and Sunglass Hut Legal Battle

Harvey Eugene Murphy Jr. sues Macy's and Sunglass Hut for $10 million over wrongful arrest and assault, highlighting flaws in facial recognition technology and its serious consequences.

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