Technology

The surge in generative AI development has prompted governments globally to rush toward regulating this emerging technology. The trend matches the European Union’s efforts to implement the world’s first set of comprehensive rules for artificial intelligence. The artificial intelligence (AI) Act of the 27-nation bloc is recognized as an innovative set of regulations. After much
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According to the Moody’s Analytics website, QFStudio is a software-as-a-service (SaaS) offering that will serve as “a continuous integration, benchmark, and delivery platform” for quantum computing solutions. Quantum computing for finance The burgeoning quantum computing sector is expected to experience steady growth over the next few decades. A recent forecast predicted that quantum computing technologies
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ChatGPT from OpenAI became the most-viewed English article on Wikipedia in 2023, amassing an impressive 49.5 million page views and showcasing the increasing impact of artificial intelligence (AI) technology on the public’s interest. The Wikimedia Foundation disclosed that, in 2023, English Wikipedia pages received more than 84 billion page views. ChatGPT outperformed topics like “Deaths
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In the race for market supremacy among artificial intelligence (AI) firms, a coalition of technology leaders spearheaded by IBM and Meta established the AI Alliance. Rather than competing, these companies aim to collaborate, emphasizing their commitment to fostering transparent innovation and responsible development in artificial intelligence. In a joint statement, IBM and Meta outlined the
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The 2023 United Nations Climate Change Conference, also known as COP28, saw several new initiatives aimed at innovating the fight against climate change and streamlining the complex carbon credit markets. Among a sea of announcements and partnerships, Envision Blockchain, in collaboration with HBAR Foundation and Swirlds Labs, announced a new open-source Managed Guardian Service platform
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Amid efforts by climate scientists and advocates to address environmental challenges, Google DeepMind climate action lead Sims Witherspoon sees potential in artificial intelligence (AI), emphasizing the importance of framing the solution through thoughtful questioning. At the Wired Impact Conference in London, Witherspoon said she sees climate change as a scientific and technological challenge, expressing optimism about
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Google DeepMind artificial intelligence (AI) has predicted the structure of over two million novel chemical materials, marking a breakthrough in enhancing real-world technologies. In a scientific paper released in Nature on Wednesday, Nov. 29, the AI company reported that nearly 400,000 of its theoretical material designs may soon undergo laboratory testing. Possible uses for the research
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A stakeholder in the blockchain and fintech ecosystem has called on the federal government of Nigeria to implement regulations that will foster the widespread integration of the approved blockchain policy in the country. Nigeria’s National Blockchain Policy aims to deliver economic growth, job creation and more financial inclusion.  Obinna Iwuno, the president of the Stakeholders
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In a bid for greater global recognition and domestic use of the Nigeria Payments System, the director-general (DG) of the National Information Technology Development Agency (NITDA), Kashifu Inuwa Abdullahi, has stressed the importance of collaboration between NITDA, the Central Bank of Nigeria (CBN) and financial institutions. In an interview with Cointelegraph at the CBN’s 2023 Payments
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A group of businesses and tech companies have issued a joint letter to European Union regulators warning against over-policing powerful artificial intelligence (AI) systems at the expense of innovation.  The letter, which was sent on Nov. 23 and undersigned by 33 companies working in the EU, stresses that too-stringent regulations for foundation models like OpenAI’s ChatGPT
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India is formulating regulations to oversee deepfakes, the country’s Minister for Railways, Communications, Electronics and Information Technology Ashwini Vaishnaw said on Nov. 23, expanding on Prime Minister Narendra Modi’s statement the day before about his concerns about the technology. According to a Reuters report, during discussions with academics, industry associations and social media firms, Vaishnaw said
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The United States Federal Trade Commission (FTC) has approved a new streamlined process for investigating cases involving the unlawful use of artificial intelligence (AI). The FTC unanimously approved a measure to streamline its staff’s ability to issue civil investigative demands (CIDs) — a form of compulsory process similar to a subpoena — in investigations relating
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OpenAI and Microsoft are facing a lawsuit alleging the improper use of nonfiction authors’ work to train AI models, including OpenAI’s ChatGPT service. Author and reporter Julian Sancton sued the companies on Nov. 21.  According to Sancton’s complaint, OpenAI allegedly utilized tens of thousands of nonfiction books without authorization to train its extensive language models
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The Dutch city of Amsterdam — no stranger to international conferences dedicated to cryptocurrencies, blockchain and decentralization — was recently host to the Network State Conference, which explored decentralization at an entirely different level.  Conference speakers and attendees gathered to discuss and debate whether a new form of decentralized country is possible. The conference kicked
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On Nov. 17 the artificial intelligence startup OpenAI made the shock announcement that it fired CEO Sam Altman — and reaffirmed that decision on Nov. 19 with the hiring of Twitch co-founder Emmett Shear as the new CEO. In days between, the tech world reeled, Altman’s colleagues rallied to his side, then-OpenAI president and co-founder
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