In a year in which AI dominated virtually every economic sector, related cryptocurrency tokens soared in value as investors took positions in a technology that’s being viewed as the next big thing. The broader crypto market bounced back in November,
As we approach the end of 2023, the web3 ecosystem continues to evolve, marked by significant developments and emerging trends. One of the most prominent trends of 2023 has been the significant shift in the web3 gaming sector. Moving beyond
Immortal Game recently announced the discontinuation of its play-to-earn (P2E) and non-fungible token (NFT) collectibles, redirecting its focus exclusively on enhancing its online chess platform. Initially, the app allowed players to earn CheckMate (CMT) tokens through chess games. However, significant
The Metaverse Architecture Biennale (MAB) recently concluded, marking a significant milestone in the evolution of architectural practices. This event, organized by Search Space, Metancy, and W3rlds, welcomed prestigious firms such as Zaha Hadid Architects, Spaces DAO, iheartblob, and PLP Architecture.
As 2024 approaches, Channel 1 AI is poised to transform the world of news broadcasting with its unique AI-generated newsroom and anchors. This pioneering venture, combining cutting-edge technology with traditional journalistic values, has ignited a debate about the future of
EY, a member of the Big Four accounting firms, recently tested an artificial intelligence system on its UK audit clients’ accounts, yielding remarkable results. In the trial, as reported by the Financial Times, EY’s AI system detected fraudulent activities in
At an artificial intelligence conference in Vietnam, Sam Altman, OpenAI’s CEO, outlined a transformative vision for the company, marking a new chapter after his tumultuous ouster and swift reinstatement. Amidst a backdrop of rumors about a secret AI project and
According to a recent announcement, Elon Musk’s xAI made headlines by revealing that it plans to fund $1 billion through a private sale of unregistered equity securities. This revelation, detailed in a recent filing with the United States Securities and
Meta, in conjunction with International Business Machines (IBM), has created an AI Alliance—a coalition of AI firms and research institutions pushing for a responsible and open approach to AI development. The AI Alliance wants to foster an open community that
Finland joins the race for metaverse supremacy and has released a strategy paper to guide the country in its quest to become a global leader in the metaverse industry within the next decade. The strategy also outlines the country’s aspirations
Integrating metaverse infrastructures in urban environments redefines how citizens interact with city services, experience urban landscapes, and contribute to the economy. Seoul, Dubai, and Santa Monica are actively exploring the use of virtual platforms within their urban frameworks. These platforms
On Nov. 30, the eSports Awards at Resorts World Las Vegas provided a memorable evening, celebrating the accomplishments within the eSports sector. This event, which brought together industry experts and fans, showcased the significant achievements and defining moments of the
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