#ai

Bittensor, a decentralized network for AI systems, has reported a hacking incident on July 2 that resulted in the theft of $8 million worth of TAO tokens.

South Korean chip manufacturer SK Hynix has announced plans to invest $74.6 billion by 2028 in production facilities focused on artificial intelligence. Concurrently, its parent company, SK Group, aims to raise $57.9 billion in investments in semiconductors, process optimization, and AI technologies.

Mikko Ohtamaa, a developer of the algorithmic trading protocol TradingStrategy․ai, has voiced concerns about the auditing company CertiK. According to Ohtamaa, CertiK independently adds projects to its Skynet rating list, which assesses cybersecurity, decentralization levels, and more.

Amazon is set to launch a paid version of its Alexa voice assistant, aiming to monetize the system, which is currently non-profit, by integrating generative AI capabilities. Early reports suggest that the subscription for the premium Alexa service will cost around $5 per month.