Africarare is set to launch its virtual currency, the Ubuntu Token. The token is aimed at becoming a means of payment in the virtual marketplace of the metaverse. It would provide e-commerce and charitable support, with 10% of sales going
A CVL Economics survey reveals that 36% of entertainment executives who use generative AI believe that their staff members no longer require specialized skills for day-to-day duties and responsibilities. A report by consulting firm CVL Economics revealed that generative artificial
Interpol’s report reveals how metaverse tools can enhance crime analysis and law enforcement, offering immersive training, virtual crime scene replication, and insights into metaverse-related crimes. The Metaverse Expert Group produced a whitepaper that suggests that metaverse platforms may prove to
Starting in April, Yuushi Kokusai High School will start recruiting transfer students from Japan’s credit-based metaverse high school. In the “Metaverse Students” program, students can graduate from high school with an avatar of a student’s preference. They would, however, attend
In a move to tackle the challenges posed by artificial intelligence, Australia has announced the formation of a new advisory body. “The whole ‘let it rip do what you want – you’re out there, you can innovate with no boundary’
OpenAI recently admitted that its large language model, ChatGPT 4, has become ‘lazy’, which could influence the progress of AI in the future. This revelation follows numerous user complaints about the model’s deteriorating performance. ChatGPT users noticed that the ChatGPT-4
Google is reportedly letting go of hundreds of employees as the company implements cost containment measures as well as focuses on AI development. A workers’ representative at parent company Alphabet revealed 1,000 have been let go so far. Part of
The International Olympic Committee (IOC) launched a metaverse experience for the winter youth Olympic Games (YOG) scheduled to be held in Gangwon, South Korea, later this month. The experience taps Gangwon-do province’s existing metaverse to offer fans different immersive and
Perplexity AI chief executive officer Aravind Srinivas took potshots at rival Google after the startup raised $73.6 million from a group of investors, including Amazon billionaire founder Jeff Bezos and chip-maker Nvidia. The round was led by venture capital firm
OpenAI raked in more than $1.6 billion in revenue in 2023, up over 20% from $1.3 billion in October, according to a report from The Information, which cited people with knowledge of the figure. Much of the revenue is driven
In the competitive world of online gaming, fairness and integrity are paramount. Recently, over 23,000 accounts were banned in Call of Duty: Modern Warfare 3, thanks to Activision’s Ricochet anti-cheat system. Despite these efforts, the community continues to report rampant
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,
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