Big tech is prepping an explosive pivot to robotics
The next big thing in the technology industry appears to be consumer robotics and there could be massive implications for both Main Street and Wall Street. An analysis of the…
EU AI rules stifle innovation, Meta and Spotify CEOs warn
The CEOs of Meta and Spotify have voiced their concerns over what they see as overly restrictive artificial intelligence regulations in the European Union. Meta CEO Mark Zuckerberg and Spotify…
Perplexity AI’s ad integration plan draws shock, mockery: ‘This company is toast’
Artificial intelligence firm Perplexity AI has come under public scrutiny amid its reported plans to place ads in its AI-powered search engine. While many view this as the natural progression…
Bitcoin miner profits drop as halving, power costs weigh — JPMorgan
Bitcoin miners are struggling to maintain profits as the Bitcoin network’s April halving and rising power costs weigh on miner production, according to a new JPMorgan report. The second quarter…
Analysts come unglued ahead of Nvidia earnings call — $10T within 5 years
Tech giant Nvidia will hold its second-quarter earnings call on Aug. 28, and analysts are having a field day discussing the potential implications. With investors expecting to see profits of…
Fetch.ai launches Innovation Lab with $10M fund for startups
Decentralized machine learning platform Fetch.ai is launching a hub in San Francisco, California to advance artificial intelligence technology. The new hub, Innovation Lab, will onboard early-stage startups working on AI…
China accessing high-level AI chips banned by the US: Report
The race to develop and deploy the most powerful artificial intelligence models has rapidly escalated over the past couple of years and the United States is making sure that China…
Anthropic jumps in on tug-of-war over California AI bill
Legislators across the United States are working on implementing regulations to control the development and deployment of high-level artificial intelligence models. AI developer Anthropic has joined the tug-of-war surrounding California…
UK risks quantum startup exodus after Labour slashes incentives
The United Kingdom recently rescinded a commitment to spend $1.7 billion to boost frontier technologies such as artificial intelligence and quantum computing. Insiders say this decision threatens to stifle innovation…
Ocean Nodes Incentive Program delayed for back-end improvements
The Ocean Protocol (Ocean), a decentralized data exchange protocol, has postponed its anticipated Ocean Nodes Incentive Program. According to an official blog post, the program’s launch has been moved to…