Skip the web search for crucial stories – we’ve got you covered. Here are the key global tech news for January 9, 2024.
1. Canada’s anti-money laundering body to leverage AI bets to crack down on bad actors
Canada’s anti-money laundering agency, FINTRAC, is intensifying its use of AI to identify suspicious transactions, aiming to enhance its ability to combat financial crimes. With a recent record fine issued to major banks, AI assists in analyzing extensive data to detect illicit activities more effectively. Increased resources and collaboration with financial institutions are part of FINTRAC’s strategy, as surging suspicious transactions highlight the need for robust measures against money laundering. (CNA)
2. Nvidia expands its reach in China’s EV sector
Nvidia strengthens its foothold in China’s electric vehicle sector as Li Auto, Great Wall Motor, Zeekr, and Xiaomi’s new EV unit adopt Nvidia’s DRIVE technology for automated driving systems. This move highlights Nvidia’s commitment to expanding in China amid challenging export regulations from the US. (South China Morning Post)
3. Apple’s Vision Pro headset to go on sale in U.S. starting Feb. 2
Apple’s Vision Pro, a $3,499 mixed-reality headset, is set to hit US stores on Feb 2, marking the tech giant’s first major new product in nine years. This spatial computing device combines virtual and augmented reality for immersive experiences in FaceTime, gaming, video, and productivity apps. (BoF)
4. Companies disclose expected fees for spot bitcoin ETFs ahead of SEC decision
Investment managers, including BlackRock, VanEck, Ark Investments/21Shares, and Bitwise, revealed their expected fees for proposed spot bitcoin exchange-traded funds (ETFs) in filings with the Securities and Exchange Commission (SEC). The disclosed rates aim to significantly undercut the average market rate for US ETFs. Analysts anticipate the SEC’s decision on spot bitcoin ETFs to be announced this week, marking a potential shift in their previous denials based on fraud concerns. (Reuters)
5. Nvidia to launch China-focused AI chip in Q2 2024
Nvidia plans mass production of its H20 AI chip in Q2 2024 for the Chinese market, aligning with U.S. export regulations. Initially delayed due to integration issues, the chip aims to meet restrictions introduced in October. The H20, alongside L20 and L2, faces challenges amid concerns about U.S. restrictions. (CNBC)
6. OpenAI claims The New York Times tricked ChatGPT into copying its articles
OpenAI responds to The New York Times’ copyright lawsuit, calling it “without merit.” OpenAI claims The Times manipulated prompts to make ChatGPT reproduce articles verbatim and emphasizes its commitment to negotiate a constructive partnership with the publication. (The Verge)
7. YouTube is cracking down on AI-generated true crime deepfakes
YouTube updates its harassment policy, prohibiting AI-generated content that “realistically simulates” minors and crime victims narrating their deaths or violence experienced. Violations result in strikes, limiting user actions on the platform, with increased penalties for repeated offenses. (The Verge)
8. Nvidia rallies to record high as chipmaker announces AI-related components
Nvidia’s stock reached an all-time high, closing at $522.53, following the announcement of the GeForce RTX 40 SUPER Series of graphics processors with a focus on AI for gaming enthusiasts. The company’s market value is now nearly $1.3 trillion. (Reuters)
9. VW vehicles to converse with drivers via ChatGPT by mid-year
Volkswagen aims to integrate ChatGPT into its cars, allowing users to engage in back-and-forth dialogue with the voice assistant by mid-year. The technology, showcased at CES, enables users to interact with their vehicles through speech commands, offering a seamless and intuitive experience. Volkswagen plans to make this feature a standard in its compact segment cars. (Reuters)
