#development

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.

In a conversation with analysts, Apple's CEO, Tim Cook, confirmed the company's active engagement in Artificial Intelligence (AI) development. This revelation came during a discussion about Apple's quarterly financial report.

The Stellar Development Foundation has supported the decision to delay the network's update to add smart contracts due to a software bug. Initially, foundation representatives minimized the severity of this bug but revised their position in response to critiques from the developer community.

Meta founder Mark Zuckerberg has announced his company's hefty investment in Nvidia graphics cards, pouring billions into the development of artificial general intelligence (AGI). This AI aims to execute tasks with human-like proficiency. Zuckerberg anticipates Meta's inventory of H100 graphics cards to reach 350,000 units by the end of 2024.

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.

Meta is gearing up to roll out its new AI chip, Artemis, in its data centers this year, according to a Reuters report. This development could significantly diminish Meta's dependence on Nvidia processors.

The House of Lords Communications and Digital Committee has published a report criticizing the government's approach to artificial intelligence. According to them, the focus on security is overly stringent, potentially stifling the development of new technologies.

The European Commission is rolling out a comprehensive package of measures to encourage the development of artificial intelligence (AI) among startups, alongside small and medium-sized enterprises. This strategic plan is consistent with EU principles and guidelines.

Conflux Network has introduced a significant development in the cryptocurrency sector: a second-layer blockchain for Bitcoin, designed to be compatible with the Ethereum Virtual Machine (EVM).