Fireblocks Strengthens Support for Banking & Financial Institutions

Fireblocks, a leading enterprise platform for managing digital asset operations and fostering blockchain-based innovations, has announced the expansion of its secure MPC-CMP wallet and key management technology. The expansion includes the integration of support for Hardware Security Modules (HSMs) as well as public and private cloud services from Thales, Securosys, AWS, GCP, and Alibaba Cloud. … Continue reading Fireblocks Strengthens Support for Banking & Financial Institutions

KPMG and Microsoft Launch Multibillion-Dollar AI Partnership, Unlocking Over US$12 Billion Growth Opportunity

In a landmark agreement announced on July 11, 2023, KPMG and Microsoft have pledged to reshape the landscape of professional services by placing Artificial Intelligence (AI) at the forefront of their operations. This significant expansion of their global relationship aims to modernize the workforce, ensure safe and secure development, and broaden the use of AI … Continue reading KPMG and Microsoft Launch Multibillion-Dollar AI Partnership, Unlocking Over US$12 Billion Growth Opportunity

Gemini's Weekly Update: PayPal Launches PYUSD Stablecoin, Coinbase Unveils Base Layer-2, and Aptos Announces Microsoft Partnership

In Gemini’s latest “Weekly Market Update” released on August 11, 2023, several significant developments were highlighted in the cryptocurrency industry, marking a week filled with innovation and collaboration. As of Friday, August 11, 2023, PayPal has become the first significant US financial firm to introduce its own US dollar-backed stablecoin, PayPal USD (PYUSD). The extension … Continue reading Gemini's Weekly Update: PayPal Launches PYUSD Stablecoin, Coinbase Unveils Base Layer-2, and Aptos Announces Microsoft Partnership

EY Unveils AI Platform EY.ai After a US$1.4 Billion Investment

The global EY organization has officially announced the launch of EY.ai, a comprehensive platform designed to facilitate the confident and responsible integration of artificial intelligence (AI) into businesses. This initiative is the result of an 18-month development process and a significant investment of US$1.4 billion. Key Highlights EY.ai’s Objective: The platform aims to merge human … Continue reading EY Unveils AI Platform EY.ai After a US$1.4 Billion Investment

Microsoft's AI Revolution: CEO Satya Nadella Unveils Bold Tech-infused Vision

Microsoft’s Chairman and CEO, Satya Nadella, recently penned his annual letter, unveiling the technology behemoth’s vision to drive a new era dominated by Artificial Intelligence (AI). The detailed discourse, shared on October 20, 2023, via LinkedIn, articulates the company’s strategy to intertwine AI across all its customer-centric products and the layers of its technology stacks. … Continue reading Microsoft's AI Revolution: CEO Satya Nadella Unveils Bold Tech-infused Vision

MicroStrategy Q3 2023: 158,400 Bitcoin Holdings at $29,586 per BTC

MicroStrategy Incorporated (Nasdaq: MSTR), a leading independent business intelligence company, disclosed its third quarter financial results for 2023 on November 1, revealing a continued focus on Bitcoin acquisition and AI integration in its offerings. The Q3 report highlighted an acquisition of 6,067 bitcoins at a total cost of $167.0 million, averaging $27,531 per bitcoin, bringing … Continue reading MicroStrategy Q3 2023: 158,400 Bitcoin Holdings at $29,586 per BTC

Xbox Teams with Inworld AI for Game Dev AI Tools

Xbox and Inworld AI have announced a multi-year alliance aimed at infusing game development with the transformative capabilities of Generative AI. This partnership promises to arm game creators with cutting-edge tools to design intricate narratives and dialogues, catalyzing a new era of interactive gaming experiences. Unveiled by Haiyan Zhang, General Manager of Gaming AI at … Continue reading Xbox Teams with Inworld AI for Game Dev AI Tools

OpenAI Suspends ChatGPT Plus Sign-ups Due to Overwhelming Demand

OpenAI, a pioneer in the field of artificial intelligence technology, recently made an announcement that it would no longer accept new sign-ups for its premium service, ChatGPT Plus. This decision was made in response to an extraordinary increase in customer demand. This decision, which was made public by OpenAI’s CEO Sam Altman on November 15, … Continue reading OpenAI Suspends ChatGPT Plus Sign-ups Due to Overwhelming Demand

Stanford's WikiChat Addresses Hallucinations Problem and Surpasses GPT-4 in Accuracy

Researchers from Stanford University have unveiled WikiChat, an advanced chatbot system leveraging Wikipedia data to significantly improve the accuracy of responses generated by large language models (LLMs). This innovation addresses the inherent problem of hallucinations – false or inaccurate information – commonly associated with LLMs like GPT-4. Addressing the Hallucination Challenge in LLMs LLMs, despite … Continue reading Stanford's WikiChat Addresses Hallucinations Problem and Surpasses GPT-4 in Accuracy

Microsoft's OpenAI Investment Faces EU Merger Regulation Scrutiny

A recent notification made by the European Commission states that it will investigate Microsoft’s considerable investment in OpenAI in accordance with the EU Merger Regulation. This revelation illustrates the growing regulatory attention on big technological and artificial intelligence cooperation. Several competition authorities, notably those in the United Kingdom and Germany, have conducted a series of … Continue reading Microsoft's OpenAI Investment Faces EU Merger Regulation Scrutiny

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