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News

Samsung hints at new AI-powered devices
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28 July, 2024

Samsung hints at new AI-powered devices

Samsung is going all out in its AI investment, hinting at a potential development of an AI-powered smartphone, but industry...
OpenAI, Broadcom to develop new AI chip to alleviate GPU shortage
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28 July, 2024

OpenAI, Broadcom to develop new AI chip to alleviate GPU shortage

OpenAI is working with semiconductor manufacturer Broadcom to transition to in-house chip manufacturing following a global shortage of GPUs necessary...
Chinese researchers turn to AI for accurate weather forecasts
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28 July, 2024

Chinese researchers turn to AI for accurate weather forecasts

The FuXI-Subseasonal AI model is made for sub-seasonal forecasts, demonstrating high accuracy for predictions within a two-week window.
This week in AI: Meta releases Llama 3.1, OpenAI announces SearchGPT, FCC proposes new rules for AI in political ads
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27 July, 2024

This week in AI: Meta releases Llama 3.1, OpenAI announces SearchGPT, FCC proposes new rules for AI in political ads

Meta has unveiled its open-source AI model, Llama 3.1, while July 25 marked the release of OpenAI's AI search tool,...
Singapore, US to strengthen bilateral cooperation in new emerging tech and AI
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27 July, 2024

Singapore, US to strengthen bilateral cooperation in new emerging tech and AI

Singapore and the United States are exploring the use of LLMs in defense applications and the best way to manage...
Amazon tests AI-powered ‘App Studio’ to assist users build enterprise apps
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27 July, 2024

Amazon tests AI-powered ‘App Studio’ to assist users build enterprise apps

The AI-powered AWS App Studio allows users to rely on natural language to build advanced applications in minutes, a feat...
Beyond expectations: Recapping the London Blockchain Conference 2024
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26 July, 2024

Beyond expectations: Recapping the London Blockchain Conference 2024

The events that transpired during the London Blockchain Conference 2024 resonate to this day, with CoinGeek reporter Claire Celdran recapping...
Meta reins in metaverse ambitions, cuts budget by 20%
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26 July, 2024

Meta reins in metaverse ambitions, cuts budget by 20%

Meta has instructed Reality Labs to cut its budget by 20% by 2026, just weeks after reorganizing its metaverse division...
UK fines Coinbase £3.5M for ‘repeated and material breaches’ of financial crime controls
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26 July, 2024

UK fines Coinbase £3.5M for ‘repeated and material breaches’ of financial crime controls

The FCA fined a £3.5 million (US$4.5 million) penalty on Coinbase's CB Payments Limited for "repeatedly breaching a requirement that...
India in need of simplifying user verification process to bolster digital payments
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26 July, 2024

India in need of simplifying user verification process to bolster digital payments

While India has witnessed a surge in digital payments, the country’s KYC procedure continues to be cumbersome, especially for the...
Block Dojo Philippines cohort 2 looks at real-world issues that could be solved with blockchain
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26 July, 2024

Block Dojo Philippines cohort 2 looks at real-world issues that could be solved with blockchain

Johannes Cortez, Clarice Cabanlit, and Jynon Mapa joined Block Dojo Philippines' three-month venture building program to show how blockchain can...
Russia cautiously warms up to digital asset payments as Putin warns of power disruptions
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26 July, 2024

Russia cautiously warms up to digital asset payments as Putin warns of power disruptions

Russia’s AML chief called on the government to accelerate the development of digital asset payment infrastructure in international payments amid...