The Montenegro court accepted the offered bail in the amount of $436,000 per person for Do Kwon and his former aide Han Chang-joon.
Romania harnesses AI for data-driven policy recommendations
Officials in Romania have created and employed an AI-powered robot to source community concerns and turn the collected data into policy recommendations.
Lufthansa, Eurowings, other travel industry players push forward with Web3
After a new travel-focused blockchain hit the scene, major players in the industry are beginning to pivot to integrate Web3 technology.
EU draft AI Act updated with public facial recognition ban
Regulators in the EU concluded another round of voting which added a new ban on the public use of biometric surveillance into its forthcoming AI Act.
Pepe sans crypto: Mods purge crypto from the original meme subreddit
After the explosion in popularity of the Pepe memecoin, moderators on the original Pepe the Frog subreddit felt the pressure to lay down the law.
Buzzfeed shutters news division, leans into AI
Less than one month after it shuttered its news division and laid off 180 staffers, BuzzFeed’s CEO says it’s “leaning into AI” in a Q1 earnings call.
Microsoft, Goldman Sachs, others partner in new blockchain network
The Canton blockchain network for financial institutions is being launched by Digital Asset and a group of firms, including Microsoft, Goldman and Deloitte.
Spotify reportedly deletes thousands of AI-generated songs
The music streaming platform has removed tens of thousands of AI-generated songs created on the AI music-making platform Boomy.
Bitcoin ordinals hit Binance NFT Marketplace in latest update
The Binance NFT marketplace announced that users will soon be able to trade and purchase Bitcoin NFTs on its platform using already-existing wallets.
China is developing AI without US chips: Here’s how
U.S. sanctions have limited China’s access to the latest chip technology to develop AI, but local companies are not letting this stop them.
Emerging tech to create “new ethics” for humankind: MEWS 2023
Stephen Castell commented that emerging technologies like blockchain, the metaverse and AI will usher in a new set of ethics and human species.
UK reviews AI development: It can ‘drive substantial economic growth’
The U.K. Competition and Markets Authority said it would examine AI’s development, deployment and social impact.
Hollywood studios reject banning AI from writer’s rooms
The Writers Guild of America sent out a list of demands to Hollywood studios, including regulating AI usage in guild-affiliated projects.
Crypto.com launches ChatGPT-based AI user assistant Amy
The crypto exchange launched its AI user assistant to inform users about industry insights, including real-time token prices, projects and historical events.
Samsung employees banned from using ChatGPT-like AI tools
The company-wide ban prevents Samsung employees from accessing generative AI tools on all Samsung-owned devices and internal networks.
Meta SEC filing reveals debt securities offering plans
The Facebook parent company filed a prospectus that says it may offer and sell debt securities from time to time.
AI chatbot usage causes concern among 70% of Japanese adults
A survey conducted by a local Japanese news outlet revealed that 69.4% of adults want stricter regulations for AI development and implementation.
ChatGPT, Midjourney, other AI tools to make their way into EU legislation
The bill will classify the risk of AI tools and force developers of generative-AI applications to disclose the use of any copyrighted materials.
California approves blockchain-based digital wallet for gov’t services
Santa Cruz voted to approve the use of a blockchain-based digital wallet for government services and official documentation and is set to begin a pilot program in July 2023.
UK pledges nearly $125M to create ‘safe AI’ taskforce
The British government has pledged 100 million British pounds ($124.8 million) in funding to support a task force for the development of “safe AI.”