TSMC becomes first Asian company to reach $1T as AI demand surges
The company is now worth more than Broadcom and closing in on Meta.
Softbank CEO says company’s purpose is to create ‘artificial super intelligence’
Billionaire finance mogul Masayoshi Son also said that AI will be 10,000X smarter than humans by 2035.
In the past four days, AO platform pre-bridged 260 million US dollars of stETH, and TVL exceeded 200 million US dollars
Sam Williams, the founder of Arweave and AO, announced yesterday in a post on X that $260 million worth of stETH has been pre-bridged to the Arweave-based AI application computing protocol AO, pushing it to become the 28th largest DeFi protocol in the past four days. Williams stated that AO's TVL is now equivalent to Cardano ($209.43 million), surpassing major blockchain projects such as zkSync, Fantom, Scroll, Algorand, Filecoin, and ICP.
Apple Halts Rollout of AI Features in Europe Due to Regulatory Uncertainties
Apple has announced that it will not be rolling out its suite of AI tools, branded as "Apple Intelligence," in the European Union due to regulatory uncertainties brought about by the Digital Markets Act (DMA). The DMA targets large digital platforms and aims to ensure fair and competitive digital markets. Violating the act could result in fines of up to 10% of the offending company's worldwide annual revenue. Apple said it is concerned that the interoperability requirements of the DMA could force it to compromise the integrity of its products in ways that risk user privacy and data security.
Vitalik Buterin endorses TiTok AI for onchain image storage
TiTok AI, a new method for efficient onchain image compression, could be a useful tool for blockchain applications.
Apple supercharging Siri and iOS with ‘Apple Intelligence’ and OpenAI
Social media and tech news pundits haven’t responded positively to the nomenclature.
Elliptic: Utilization of Artificial Intelligence in Cryptocurrency Crime Rises Significantly
Artificial intelligence (AI) is increasingly being used for crime in the cryptocurrency ecosystem. The report states that criminals are increasingly using generative AI to create deepfakes and other fraudulent materials to carry out crypto scams.
Kaiko: Korean AI token weekly trading share rose to 18.7% in May
As artificial intelligence hype penetrates the cryptocurrency field, risk-loving Korean traders are heavily involved in digital assets related to artificial intelligence themes.
Elon Musk reportedly building ‘Gigafactory of Compute’ for AI
Musk recently said he expected xAI to catch up to OpenAI and DeepMind Google by the end of 2024.
OpenAI safety chief Jan Leikeresigns
Jan Leike, the security director of OpenAI, announced on social media that he is leaving OpenAI. This is another executive resignation following the resignation of Ilya Sutskever, co-founder and chief scientist of OpenAI, on Wednesday this week.