#development

Cryptocurrency exchange Gemini has become a sponsor of the English football club Real Bedford, owned by Peter McCormack, host of the popular podcast What Bitcoin Did. The sponsorship deal was paid in Bitcoin, which will be used for club development and the launch of a youth academy.

The African Development Bank (AfDB) and Intel Corporation have initiated a joint program aimed at equipping Africans with artificial intelligence skills. The project is set to provide relevant knowledge to at least 3 million ordinary citizens and approximately 30,000 government officials.

The Chinese government has launched a specialized investment fund dedicated to supporting local development and manufacturing of chips, including those designed for artificial intelligence. Since its official establishment on May 24, the fund has attracted over $47.5 billion in investments.

British autonomous vehicle manufacturer Wayve Technologies announces the opening of a new research and development hub in Vancouver, Canada, marking its third establishment following London and Mountain View in California. The initiative will be spearheaded by the company's Chief Scientific Officer, Jamie Shotton.

Ladan Stewart, the leader of the SEC's crypto unit, has transitioned from the agency to join the law firm White & Case, Bloomberg reports. In her new role, she will spearhead the development of crypto and cybersecurity practices.

The Linux Foundation, a non-profit organization, is set to launch the LF Decentralized Trust (LFDT). This new platform aims to foster the development of open-source decentralized technologies across a range of sectors, including security, scalability, and finance.

The U.S. Navy is actively seeking a corporate partner to test its proprietary PARANOID blockchain. This innovative system is designed to significantly improve cybersecurity measures for military software throughout its lifecycle—from development to deployment.

Artificial intelligence developers including OpenAI, Anthropic, Stability AI, Google, Meta, and Microsoft have pledged to bolster security measures to protect children during the development and deployment of AI models. This effort is spearheaded by the nonprofits All Tech Is Human and Thorn, dedicated to child safety.

Denelle Dixon, CEO of the Stellar Development Foundation, argues that the key to broad adoption of blockchain protocols is to facilitate easy transfers between traditional finances and digital assets.

The Riksbank has published a report detailing the fourth phase of testing for the e-Krona. Throughout the pilot phase, which spanned from 2020 to 2023, the bank tested the e-Krona's fundamental use cases as a retail currency accessible to the general public. This iteration of the e-Krona was developed on the Corda distributed ledger platform by R3, with the central bank serving as a notary node responsible for verifying and finalizing transactions.

U.S. authorities have arrested former Google engineer Linwei Ding on suspicion of stealing confidential data related to artificial intelligence development. Over a few years, he is alleged to have conducted four significant data heists, absconding with at least 500 varied and detailed documents.

SV Angel, a venture capital fund, has rallied companies such as OpenAI and Microsoft to endorse an open letter urging the ethical development of artificial intelligence for the greater good of humanity. OpenAI's CEO, Sam Altman, praised the initiative and signed it on behalf of the company.

Apple has dedicated the last year to the development of an AI coding tool. This new instrument, aimed at surpassing Microsoft's Copilot, will become part of the Xcode programming software. Xcode is used for creating applications across all major Apple systems: macOS, iOS, watchOS, and tvOS.