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Latest intelligence on infrastructure operators, policy decisions, market moves, and digital power shifts.
Companies
U.S. and U.K. collaborate on AI safety tests in historic agreement
The United States and the United Kingdom have committed to collaboratively develop tests to assess the safety of AI systems, marking a groundbreaking bilateral agreement. Bilateral agreement to enhance AI safety testing Commerce Secretary Gina Raimondo of the U.S. and Technology…
Companies
Hailo chips raises $120M amid AI surge
Israeli chipmaker Hailo raises $120 million, unveiling its Hailo-10 AI chip for edge computing. The company aims to accelerate growth and potentially go public, capitalizing on the AI boom driven by innovations like OpenAI’s ChatGPT. Funding and valuation Israel-based chipmaker…
North America Datacenter
US looks to nuclear to address AI data centre power shortage
U.S. Energy Secretary Granholm explores nuclear power solutions for AI data centres, citing strain on the grid due to rapid AI expansion.
Asia-Pacific Cloud Services
Crypto exchange Upbit’s daily trading volume falls to $3.8B in April
South Korea crypto exchange Upbit witnessed its 24-hour trading volume decline to $3.8 billion in early April, down from a peak in March.
Europe and Middle East Cloud Services
Sam Altman quits OpenAI venture fund under new structure
OpenAI Startup Fund’s restructuring sees Sam Altman cede ownership and control, with Ian Hathaway assuming management.
Asia-Pacific Cloud Services
Top tech news stories today: April 2, 2024
Explore updates from companies like Microsoft, Alibaba Cloud, and Yum Brands, shaping the future of technology and AI.
North America National Telecom Trends
AT&T admitted that a data breach affected 73 million active and returning subscribers
AT&T's March 2024 disclosure is a telecom customer-account exposure case, not a generic breach-count headline. The company said a data set released on the dark web appeared to be from 2019 or earlier and affected about 7.6 million current account holders and 65.4 million former…
North America Cloud Services Trends
US and UK announce partnership on science of AI safety
The U.S. and UK signed a Memorandum of Understanding (MOU) on Monday, which will see them work together to develop tests for the most advanced AI models, following through on commitments made at the AI Safety Summit last November. The new partnership Following commitments…
Asia-Pacific Cloud Services
Samsung to enhance Bixby virtual assistant with gen AI
Samsung contemplates adding ChatGPT-like generative AI to Bixby, aiming to redefine its role and enhance intelligence.
North America Cloud Services
US House bans staff from using Microsoft AI assistant Copilot
US House bans staff from using Microsoft’s Copilot due to security concerns, while Microsoft plans a new version to meet higher standards.
Asia-Pacific Cloud Services
Google DeepMind CEO Demis Hassabis receives knighthood for AI technology
Demis Hassabis, CEO and one of three founders of Google’s artificial intelligence company DeepMind, has been awarded a knighthood in the U.K. for “services to artificial intelligence.” Demis Hassabis and DeepMind Hassabis founded DeepMind in London in 2010, along with Shane Legg…
Global Institutional Trends
Google and Stanford researchers launch AI fact-checking tool
Google DeepMind and Stanford University’s SAFE enhance AI chatbots’ responses by fact-checking with 76% accuracy.
Leaders
Ripple CTO to Critics: XRP Ledger Fulfills Blockchain Criteria
Debate over what constitutes ‘true’ blockchain remains ongoing in the crypto space. About the debate around XPR Ledger In a tech landscape dominated by debates over what defines a “true” blockchain, Ripple CTO David Schwartz has taken a stand to defend the XRP Ledger’s…
North America Cloud Services
Virtual reality aids individuals with Parkinson’s
An initiative at Teesside Airport’s fitness and well-being gym has implemented virtual reality headsets, providing Parkinson’s patients with an innovative therapy to alleviate symptoms. Dawn of a new VR era: Apple Vision Pro now available to buy The virtual reality breakthrough…
Asia-Pacific Cloud Services
72% of Americans oppose the bill to ban TikTok
Only 28% of Americans support a bill passed by the U.S. House of Representatives earlier this month that would ban the short-video-sharing app TikTok if Chinese ByteDancedo doesn’t sell the U.S. assets of the app. The investigation According to Savanta, a British-based market…
North America Institutional Trends
Coinbase partially wins appeal, but still faces US regulator’s lawsuit
US Securities and Exchange Commission filed a lawsuit against Coinbase to move forward, but dismissed one of the regulator’s charges.
Africa Institutional
Who is Brian Armstrong? Coinbase CEO went from tutoring startup to billionaire crypto campaigner
Track Brian Armstrong’s journey from entrepreneurship to CEO of Coinbase, molding the cryptocurrency exchange and regulatory landscape.
Leaders
Amazon One app makes paying by palm a reality
Amazon One app simplifies palm recognition enrolment, enabling seamless identity verification and transactions across locations.
Global Cloud Services
Microsoft safety system can catch hallucinations in its AI apps
Azure enhances AI safety with new features to detect vulnerabilities, block malicious prompts, and filter content effectively.
Asia-Pacific Cloud Services
Canadian school boards sue social media giants for nearly $3B
Canadian school boards are seeking more than $2.96 billion from social media companies over allegations that their products hurt students.