Binance partners with Amazon Web Services to enhance user experience
Current Know Your Customer verification procedures are often cumbersome, costly, and time-consuming for industry service providers. Go to Source
generative ai
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AI can compose good music, but humanity still holds the creative baton
As creators worry about AI’s impact on their livelihoods, a panel at the WCIT 2024 conference in Yerevan, Armenia, highlighted how humans are still the maestros of creativity. Go to Source
G7 antitrust watchdogs signal possible action on AI sector competition
The G7 nations want to ensure AI isn’t used to facilitate “collusion” between AI firms that could lead to the sharing of sensitive information or forming a monopoly. Go to Source
Meta to Resume Training AI With Data From UK Facebook, Instagram Users
Meta announced it will resume training its artificial intelligence (AI) models using U.K. adult user data to better reflect British culture. This follows a delay due to privacy concerns. Despite initial opposition, Meta has now engaged with U.K. regulators and is nearing the launch of its AI products in the U.K. The company clarified that … Read more
Adobe rival Procreate bets against gen AI to support human creativity
In stark contrast to mainstream competitors, Procreate has said it would not use Gen AI features in its products to protect artists. Go to Source
Hong Kong issues generative AI guidelines for consumer protection
The HKMA introduces new principles for using generative AI, emphasizing governance, transparency, and data protection in consumer-facing applications. Go to Source
San Fran city attorney sues sites that ‘undress’ women with AI
Dek: AI-powered websites allowing users to create nonconsensual nude photos of women and girls were visited 200 million times in the first half of the year. Go to Source
Pan-African Tech Firm Cassava Technologies Launches AI Unit
Africa-focused technology and data services firm Cassava Technologies has created a separate business unit to oversee its artificial intelligence (AI) operations. The AI unit will offer data center, cloud, cybersecurity, fiber connectivity, and renewable energy services. Helping Clients Adopt Generative AI Pan-African technology firm Cassava Technologies is creating a separate business unit to focus on … Read more
OpenAI’s current business model is ‘untenable’ — Report
Technology commentator Edward Zitron claims OpenAI will need to make several changes to “survive” beyond two years, but some industry executives disagree. Go to Source
Q2 earnings: AI sector enters flat spin as consumer disinterest in chatbots intensifies
Despite unbridled optimism and massive spending, generative AI is still a solution looking for a problem. Go to Source
