In a major move to expand its cloud and artificial intelligence (AI) footprint in Southeast Asia, tech giant Microsoft has announced a staggering $2.2 billion investment over four years in Malaysia. This investment, the largest in the company’s 32-year history in the country, underscores a growing interest in AI innovation among tech behemoths. According to…
Cryptocurrency trading offers lucrative opportunities driven by market volatility and accessibility. However, it’s not without challenges including regulatory uncertainty and technical complexities. To navigate this landscape effectively, many turn to crypto trading bots. These automated tools promise streamlined execution, customization, and 24/7 trading. Yet, they also pose risks like technical glitches and market unpredictability. In…
The United Nations General Assembly has endorsed a resolution on responsible AI development. This initiative signifies a growing international consensus on the need for safeguards as this powerful technology continues to evolve. The resolution, spearheaded by the United States and backed by over 123 countries, garnered unanimous approval. This level of support, including China’s participation,…
The Kingdom of Saudi Arabia is poised to become a major player in the global race for artificial intelligence (AI) dominance. The New York Times reports that the Saudi Arabian government is seriously considering the creation of a staggering $40 billion investment fund dedicated to AI technologies. This ambitious initiative, spearheaded by the country’s Public…
On March 13th, the European Parliament made history by granting final approval to the EU AI Act, marking a pivotal moment as one of the world’s first comprehensive sets of AI regulations. This legislation aims to ensure trustworthy, safe, and respectful AI within the EU, prioritizing both innovation and the preservation of fundamental rights, according…
Andreessen Horowitz (a16z), a prominent name in Silicon Valley venture capitalism, is making a strategic pivot. The firm, known for its early bets on tech giants like Facebook and Airbnb, is reportedly placing a larger focus on Artificial Intelligence (AI) while seemingly hitting the brakes on further cryptocurrency investments. This news comes as a surprise…
The world of cryptocurrency is rife with innovation, but unfortunately, it also attracts scammers. A recent incident involving Humanized AI, a project promising to revolutionize AI’s understanding of human perception, serves as a stark reminder for investors to be cautious. Humanized AI offered HMZ tokens to users in exchange for their contribution to the project’s…
Hong Kong has announced a significant investment in artificial intelligence (AI) by allocating HK$3 billion (approximately $383 million) to its Cyberport business park. This multi-year scheme, announced by Financial Secretary Paul Chan during the 2024 budget announcement, aims to fuel Hong Kong’s digital economy by fostering innovation and collaboration within the AI sector. Cyberport, a…
On Tuesday, lawmakers in the European Parliament endorsed the initial agreement on regulations for artificial intelligence (AI). This move paves the way for the world’s inaugural legislation dedicated to AI, with a parliamentary vote slated for April. The Internal Market and Civil Liberties Committees gave their approval to the provisional agreement on the AI Act…
China has approved the first set of large language models (LLMs). The technology, employed in training services like ChatGPT, has received regulatory clearance for commercial applications. According to company announcements, 14 LLMs and their related enterprise applications, including those from companies like Xiaomi, Beijing Fourth Paradigm Technology, and 01.AI, have been officially sanctioned for deployment….
