According to Coinbase, hype plays a major role in the rise of cryptocurrency AI projects. News often influences the broader market, which helps AI tokens gain value. An analyst has cautioned that the artificial intelligence (AI) token market may be
AI startups hit a new high, raising $5.7B in Q1 2024, a 40% increase from last year, signaling a strong interest from venture capital in AI innovation. After a successful $25.5 billion fundraising campaign the year before, venture capital investors
Spain’s data protection agency AEPD has banned Worldcoin from collecting and processing personal data in the country for three months after people complained about privacy. The directive came after several complaints related to insufficient information, the agency said on Wednesday.
U.S. filmmaker Tyler Perry stopped the $800 million expansion of his studio in Atlanta over concerns about OpenAI’s new AI model, Sora, which creates ‘realistic’ videos from text prompts. The billionaire planned to add 12 sound stages to his studio
The U.S. government announced a new consortium to support the development and deployment of what it calls “safe and trustworthy” generative AI as authorities push to enforce guardrails for the technology. Department of Commerce Secretary Gina Raimondo launched the consortium
Neal Mohan, CEO of YouTube, has revealed the platform’s ambitious roadmap for 2024, which will see an increased focus on AI to empower content creators and keep users safe. To boost creators, improve viewer experience, and expand subscription services, YouTube
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
Former Pakistan’s Prime Minister Imran Khan delivered an AI-made speech to his supporters ahead of the general election coming in February next year. Using AI, Khan’s supporters have managed to create a voice clone, allowing him to give a speech,
In an era where technology intersects poignantly with human emotions, China is using artificial intelligence (AI) to’resurrect’ lost loved ones. This innovative yet controversial approach offers comfort to those like Seakoo Wu, a bereaved father who sought solace in AI
Spotify recently intensified its focus on artificial intelligence (AI), significantly changing its workforce and business approach. Despite the challenges, this strategy has garnered approval from Wall Street, as reflected in the company’s surging stock prices. Also read: Spotify and YouTube
In a remarkable surge, Google’s stock prices soared by 5% following the announcement of its latest artificial intelligence breakthrough, Gemini. This new AI model, poised to rival the offerings from tech moguls such as OpenAI, Microsoft, and Meta, marks an
Hollywood actors have overwhelmingly voted to ratify a deal with studios, ending a prolonged strike that had brought film and television production to a standstill. The Screen Actors Guild, known as SAG-AFTRA, announced that 78 percent of its members had
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