UN Security Council Holds First Meeting on AI, Highlights Urgent Need for Global Regulation

UN Security Council Holds First Meeting on AI, Highlights Urgent Need for Global Regulation

The United Nations Security Council held its first meeting on artificial intelligence on Tuesday where China said the technology should not become a “runaway horse” and the United States warned against its use to censor or repress people. Britain’s Foreign Secretary James Cleverly, who chaired the meeting under Britain’s July…

Millions Poured Into Olympix Startup as Web3, AI Bond Saddle on Upward Curve: Details

Millions Poured Into Olympix Startup as Web3, AI Bond Saddle on Upward Curve: Details

Web3 security firm Olympix has garnered $4.3 million (roughly Rs. 35 crore) in a seed funding round lead by Boldstart Ventures. The startup merges the capabilities of blockchain and artificial intelligence (AI) to provide scalable cyber security solutions. This funding testifies to the growing interration of Web3 and AI that…

Lightning Labs Announces AI Toolkit That Can Hold, Process Transactions in Bitcoin

Lightning Labs Announces AI Toolkit That Can Hold, Process Transactions in Bitcoin

The year of 2023 will probably be remembered as the year when Artificial Intelligence (AI) revamped all other technologies. Lightning Labs, that developed the Lightning Network for instant payments on Bitcoin, has now created AI tools to facilitate crypto-related activities. Basically, Lightning Labs has claimed that its new tools can…

Draft EU Artificial Intelligence Rules Could Hurt Europe

Draft EU Artificial Intelligence Rules Could Hurt Europe

The proposed EU Artificial Intelligence legislation would jeopardise Europe’s competitiveness and technological sovereignty, according to an open letter signed by more than 160 executives at companies ranging from Renault to Meta. EU lawmakers agreed to a set of draft rules this month where systems like ChatGPT would have to disclose…

Oracle Said to Spend “Billions” on Nvidia Chips This Year to Expand Cloud Computing Service

Oracle Said to Spend “Billions” on Nvidia Chips This Year to Expand Cloud Computing Service

Oracle is spending “billions” of dollars on chips from Nvidia as it expands a cloud computing service targeting a new wave of artificial intelligence (AI) companies, Oracle founder and Chairman Larry Ellison said on Wednesday. Oracle’s cloud division is working to gain ground against larger rivals such as Amazon Web…

Paul McCartney Clarifies New Beatles Song Not Artificially Created, AI Used to Clean Recording

Paul McCartney Clarifies New Beatles Song Not Artificially Created, AI Used to Clean Recording

Paul McCartney has clarified the use of artificial intelligence in The Beatles‘ new song after it caused quite a buzz on social media. In a BBC radio interview, Paul recently shared that the British super group would be releasing a song this year and using AI to add the late…

Softbank CEO Says He is ‘Heavy User’ of ChatGPT, Speaks to OpenAI’s Sam Altman Often

Softbank CEO Says He is ‘Heavy User’ of ChatGPT, Speaks to OpenAI’s Sam Altman Often

SoftBank Group‘s Chief Executive Masayoshi Son said on Tuesday he is a “heavy user” of ChatGPT, the artificial intelligence-powered chatbot from Microsoft-backed startup OpenAI. Son said he is speaking “almost everyday” to OpenAI CEO Sam Altman, who has made high-profile visits to Tokyo this year as he looks to capitalise…

Publisher Gannett to Include Generative AI in Its System; May be More Efficient

Publisher Gannett to Include Generative AI in Its System; May be More Efficient

Publisher Gannett plans to include generative artificial intelligence in the system it uses to publish stories as it and other news organizations begin to roll out the popular technology that may help save money and improve efficiency. But the largest U.S. newspaper publisher with over 200 daily outlets said it…

Bharatmeta, Indian Metaverse Platform by Kiya.AI Showcased at Tech Event in Paris

Bharatmeta, Indian Metaverse Platform by Kiya.AI Showcased at Tech Event in Paris

India could soon be a leading player in the metaverse technology. In a first of its kind, India-based Kiya.ai, which is into Artificial Intelligence and other emerging technology-based solutions services, showcased its version of the metaverse called Bharatmeta at the ongoing VivaTech event in Paris 2023. The Bharatmeta has been…