GeneralBeginnerAutify, a platform leveraging AI for quality engineering, announced a significant advancement with both funding and product development. They secured $13 million in their Series B funding round and unveiled Zenes, an AI agent designed to autonomously handle software quality assurance (QA). Zenes…
#ai
GeneralBeginnerUS AI startup Perplexity is making a play for Japanese users through a strategic partnership with telecom giant SoftBank. This deal comes after Perplexity announced its ambitions to challenge Google in the search engine market. SoftBank will offer a free one-year trial of Perplexity Pro, the…
#ai#google#japan
GeneralBeginnerSouth Korea is implementing stricter regulations for cryptocurrency exchanges operating within its borders. A new law, set to be enforced by July 19th, 2024, mandates regular reviews of all listed tokens by domestic exchanges. This move signifies a significant shift towards increased scrutiny in…
#crypto#south-korea
GeneralBeginnerMeta Platforms, the social media giant behind Facebook and Instagram, has hit a roadblock in its European rollout of AI models. The company announced a delay in launching these models due to a directive from the Irish Data Protection Commission (DPC). The DPC, acting as Meta’s lead regulator in…
#ai#european#facebook
GeneralBeginnerAmazon Web Services (AWS), the cloud computing arm of Amazon, is making a significant push into generative AI with a two-pronged approach. They’ve committed a hefty $230 million to support early-stage startups working on generative AI technologies and have expanded their global Generative AI…
#ai#amazon#aws
GeneralBeginnerThe Bank for International Settlements (BIS) and the Bank of Canada (BOC) joined forces to announce the inauguration of the BIS Toronto Innovation Centre on June 13, 2024. This marks a significant development for financial innovation in the Americas, making Toronto the first hub in the region for…
#canada#finance
GeneralBeginnerOpenAI announced on Thursday that retired General Paul Nakasone, former director of the National Security Agency (NSA), has joined its board of directors. This move comes as OpenAI grapples with growing concerns surrounding the safety and security of powerful AI models. Nakasone brings a wealth of…
#agi#ai#chatgpt
GeneralBeginnerSpotify has announced a two-pronged approach: the launch of an in-house creative agency called Creative Lab and the testing of generative AI voiceover ads. Creative Lab signifies Spotify’s focus on attracting advertisers by providing custom marketing campaign solutions. The agency will collaborate…
#ai#spotify
GeneralBeginnerTesla and its CEO Elon Musk, a group of shareholders, have filed a lawsuit. The lawsuit alleges that Musk breached his fiduciary duty by creating a competing artificial intelligence (AI) company, xAI, while still leading Tesla. The crux of the lawsuit lies in the potential conflict of interest.…
#ai#elon-musk#tesla
GeneralBeginnerMike Novogratz, CEO of Galaxy Digital, a crypto investment firm, has sparked debate within the industry by calling memecoins a “cornerstone” of the cryptocurrency market. Memecoins, like Dogecoin and Shiba Inu, are digital currencies often inspired by internet jokes or memes. Their value can be…
#crypto#memecoin
GeneralBeginnerThe UwU Lend faces a fresh blow as attackers exploit a vulnerability yet again, stealing $3.5 million during the ongoing $20 million reimbursement process. Just days after a significant hack for nearly $20 million on June 10th, on-chain data analysis firm Cyvers alerted UwU Lend about a new…
#crypto#defi#hackers