#ai

A recent survey reveals that about 31% of U.S. investors are open to AI-generated financial advice without double-checking it.

Imperial College London has teamed up with AI startup FluidAI to address challenges in the crypto market using artificial intaligance (AI). The collaboration will focus on enhancing the tokenized market for various stakeholders, including institutions and retail investors. FluidAI emphasizes the need to tackle liquidity aggregation issues in the crypto domain. AI can help predict and offer optimal bid and ask prices in the market.

Rishi Sunak is directing public funds toward acquiring high-performance artificial intelligence chips to ensure the country remains competitive in the global race for computing capabilities. The government has initiated talks with major IT firms such as Nvidia, AMD, and Intel to secure resources for a national “AI Research Resource.” This effort aligns with prime minister’s vision to establish Britain as a leading force in the field of artificial intelligence. Though the project has been allocated £100 million, there are concerns that this funding might fall short of the government’s AI aspirations. Government officials are advocating for additional funding in the coming months to match the scale of this initiative. Graphics Processing Units (GPUs) are vital components in constructing AI systems like ChatGPT, with the latest version trained on as many as 25,000 Nvidia chips.

Social media giants, like Facebook, rely on a vast global moderation teams to sift out damaging content, from child pornography materials to severe violence. The implementation of GPT-4 might be the key to revolutionizing this workflow. "The process [of content moderation] is inherently slow and can lead to mental stress on human moderators. With this system, the process of developing and customizing content policies is trimmed down from months to hours," assert OpenAI representatives. Access to the OpenAI API now enables individuals to forge their distinct AI-driven moderation frameworks.

Despite being over 100 days into the writers strike, the worries about studios using generative artificial intelligence to entirely write scripts have not come to fruition. The decision came in response to a challenge by Stephen Thaler, CEO of Imagination Engines, who sought to register AI-generated works. The judge upheld the U.S. Copyright Office’s stance that copyright protection only extends to works created by humans, not AI. U.S. District Judge Beryl Howell has emphasized that copyright law has “never stretched so far” to “protect works generated by new forms of technology operating absent any guiding human hand.”

JPMorgan reports that Bitcoin miners are diversifying their operations in anticipation of the upcoming halving event, which will slash their rewards. Miners are now venturing into the booming artificial intelligence (AI) market, offering high-performance computing services. This shift is partly funded by selling newly minted or existing bitcoins. Companies like Applied Digital and Iris Energy are already making strides in AI cloud services. Additionally, post Ethereum's shift from proof-of-work, former Ethereum miners are leveraging GPUs for AI, finding it potentially more profitable than traditional mining.