The Australian subsidiary of Sam Bankman-Fried’s cryptocurrency exchange, FTX, is facing significant challenges as the country’s regulator, the Australian Securities and Investments Commission (ASIC), has canceled its local financial services license. This move comes after revelations of substantial financial misconduct,
The Financial Stability Board (FSB), the swiss regulatory organization, has recently finalized a comprehensive regulatory framework for crypto-asset activities. FSB’s framework aims to promote international consistency and ensure that crypto-assets and stablecoins are subject to appropriate and comprehensive regulation, aligned
African technology startups are cozying up to AI. The technology brought to the fore by the introduction of ChatGPT last year is trending around the world. In parts of Africa – a continent that often lags behind everyone else in
OpenAI, the company behind the popular chatbot ChatGPT, plans to launch a marketplace where companies can buy and sell AI models tailored to their specific needs. The goal of this ‘App Store‘ is to make chatbots more versatile and applicable
As the race to invest in AI development continues, IT consulting firm Accenture has joined the bandwagon with a $3 billion investment into its AI and data divisions over three years. This comes months after the company laid off 19
US-based radio broadcaster Mark Walters sued OpenAI for libel after its AI chatbot ChatGPT accused him of embezzling money from the Second Amendment Foundation (SAF). Walters says the allegations are false and he has also never worked for the gun
Artificial intelligence (AI) has already begun to replace human jobs. About 4,000 people in the United States lost their jobs to the technology in May, a new report states. The report from Challenger, Gray & Christmas states that US employers
A Texas federal judge has ordered that AI-generated content should not be used to make arguments in court, and that such information must be declared and verified by a human. Judge Brantley Starr’s ruling comes after one attorney, Steven Schwartz,
The world’s most valuable chip maker Nvidia has unveiled a new batch of AI-centric products, as the company rides on the generative AI wave where anyone can be a programmer. Nvidia announced a new supercomputer and a networking system, while
As the AI race continues to gather pace, Microsoft has announced a number of new AI features, especially for Bing, as part of efforts to capture more of the billions of dollars in global search advertising market, projected to reach
The European Union is reportedly planning to include non-fungible tokens (NFTs) and foreign companies in the upcoming crypto tax, reported Coindesk. The EU has prepared a draft text, known as the eighth directive on administrative cooperation (DAC8), which would require
Immersive training experiences promise a number of benefits over traditional learning including greater effectiveness and efficiency. To find out if virtual reality learning lives up to its hype, MetaNews spoke with Alina Vasile, Vice President of Production at Gemba, a
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