Source: Cointelegraph AI startup Infinite Reality has bought the former music-sharing platform Napster with plans to add a music-focused metaverse to the music-streaming app. Artificial intelligence startup Infinite Reality has acquired the music-pirating app turned music streaming service Napster in a $207 million deal and plans to add a music-focused metaverse. Infinite Reality said in… Continue reading Pirating Pioneer Napster Sells for $207M with Plans for Music Metaverse
Tag: AI
A Web3 First: China Leverages Cross-Border AI Data For Industrial Use
Source: Forbes In a world-first, China’s Shenzhen Data Exchange (SDEx) facilitates a deal that brings decentralized, community-sourced AI data into real industrial applications through Web3 infrastructure. SDEx is the largest provider of national-level data trading platforms for data marketization and cross-border circulation in China’s digital economy. The platform provides a comprehensive suite of services, including… Continue reading A Web3 First: China Leverages Cross-Border AI Data For Industrial Use
Hong Kong Fintech Sector Sees 250% Blockchain Growth Since 2022
Source: Cointelegraph Hong Kong’s fintech market is projected to hit $606 billion by 2032, driven by blockchain, digital assets, AI and a proactive Web3 licensing regime. Hong Kong anticipates the continued growth of its fintech ecosystem, with blockchain, digital assets, distributed ledger technology (DLT) and artificial intelligence playing a central role in shaping its future.… Continue reading Hong Kong Fintech Sector Sees 250% Blockchain Growth Since 2022
DeepSeek’s AI Models Drive Surging Orders for Nvidia H20 Chips in China, Sources Say
Source: SCMP Tencent, Alibaba and ByteDance are said to have significantly increased orders of the H20 since DeepSeek gained global attention. Chinese companies were ramping up orders for Nvidia’s H20 artificial intelligence (AI) chip due to booming demand for DeepSeek’s low-cost AI models, six people familiar with the matter said. The surge in orders, which… Continue reading DeepSeek’s AI Models Drive Surging Orders for Nvidia H20 Chips in China, Sources Say
OpenAI Says It May Store Deleted Operator Data For Up to 90 Days
Source: TechCrunch OpenAI says that it might store chats and associated screenshots from customers who use Operator, the company’s AI “agent” tool, for up to 90 days — even after a user manually deletes them. OpenAI has a similar deleted data retention policy for ChatGPT, its AI-powered chatbot platform. However, the retention period for ChatGPT… Continue reading OpenAI Says It May Store Deleted Operator Data For Up to 90 Days
BNB Chain Accelerates Web3 Intelligence With Its AI-first Vision for Developers
Source: Cointelegraph With its AI-first vision, BNB Chain provides an ecosystem where AI and decentralized technologies can flourish together through grants and incubation programs. As an “AI-first” blockchain, BNB Chain leverages its scalable, secure and high-throughput infrastructure to drive the future of decentralized AI by enabling the seamless integration of AI-driven apps across DeFi, NFTs… Continue reading BNB Chain Accelerates Web3 Intelligence With Its AI-first Vision for Developers
Memecoins Take Top Spot For Crypto Investor Interest in 2024: CoinGecko
Source: Cointelegraph Memecoin interest in 2024 was largely directed toward Solana-based tokens, followed by those on Coinbase’s blockchain Base, according to a CoinGecko study. Memecoins took the top spot for mindshare in the crypto space this year with almost a third of investor interest focused on the highly speculative tokens, a CoinGecko study found. “The… Continue reading Memecoins Take Top Spot For Crypto Investor Interest in 2024: CoinGecko
Elon Musk’s xAI Lands $6B in New Cash to Fuel AI Ambitions
Source: TechCrunch Updated December 25, 12:21 p.m. Pacific: Added details of xAI’s valuation and Kingdom Holdings’ contribution. xAI, Elon Musk’s AI company, has raised $6 billion in a Series C financing round. The company announced this week that Andreessen Horowitz , Blackrock, Fidelity, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners, Vy… Continue reading Elon Musk’s xAI Lands $6B in New Cash to Fuel AI Ambitions
Greece breaks ground on new data center, advancing tech and AI hub ambitions
Source: Cointelegraph The French firm Data4 and the Greek government broke ground on a new data center outside of Athens to help position Greece as a strategic hub for tech and AI. Greece is on track to establish itself as a regional hub for technology and artificial intelligence with the development of two new data… Continue reading Greece breaks ground on new data center, advancing tech and AI hub ambitions
Classes in the metaverse? Meta creates digital ‘metaversities’ in EU and UK schools
Source: Euro News Students at universities in the EU and UK will soon be having courses in the metaverse. Some students in the EU and UK will soon have classes in the metaverse. Meta, the company behind social media platforms Facebook and Instagram, announced on Monday the launch of the first digital twin “metaversities” in… Continue reading Classes in the metaverse? Meta creates digital ‘metaversities’ in EU and UK schools
