Dubai to License AI and Web3 Startups in Subsidised Manner
Dubai International Financial Centre will be issuing artificial intelligence (AI) and Web3 licenses at a 90% subsidy
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SK Telecom Invests Additional $100M in Anthropic AI
In addition to the investment, South Korea’s telecom operator has entered into a partnership agreement with AI provider Anthropic to build a large language model (LLM) customized for telcos
US Government Gives Green Light to First National Direct Air Capture (DAC) Projects
The Project Cypress by Battelle and clean technology developers Climeworks and Heirloom received Notification of Selection from the U.S. Department of Energy (DOE) for the Bipartisan Infrastructure Law’s Regional Direct Air Capture (DAC) Hubs program
USA to Restrict Investments in Chinese Technology Sector
The administration of US President Joe Biden last Wednesday, August 9, announced its intention to introduce restrictive measures concerning the investment of American venture capital, private companies, and joint ventures in the Chinese technology sector.
Anthropic Launches New Version of Its LLM
Anthropic, an artificial intelligence startup co-founded by former OpenAI executives, has released a new version of its accelerated and cheaper text generation model, available via API Claude Instant.
Amazon Reportedly to Invest in Chipmaker Arm’s Initial Public Offering
The media reported that Amazon is currently negotiating to invest in the initial public offering (IPO) of the chip manufacturer Arm.
Aptos & Microsoft Enhance Web3 With AI
Aptos Labs is integrating Microsoft Azure OpenAI Service into its blockchain network to create new web3 builder resources
NVIDIA Introduces Superchip to Boost AI Capacity
NVIDIA has presented a new chip that can increase the level of performance and speed, for use in generative artificial intelligence and other application scenarios involving computing.
Сhipmaker TSMC Сommittes $3.8 Billion to Factory in Germany
Taiwanese chip manufacturer TSMC on Tuesday, August 8, announced the provision of financing in the amount of $3.8 billion for the construction of a plant in Germany.
Resilience to Expand Cyber-Risk Platform
Resilience has announced the completion of a $100 million Series D equity financing round.
OpenAI Launches Web Crawling Tool to Train Future AI Models
GPTBot web crawler will collect publicly available data from the world wide web to improve future ChatGPT models
Zoom Clarifies How It Uses Customer Data to Train AI
After a public backlash against AI-related terms and user threats to leave Zoom, the video conferencing platform updated its terms of service
Apple Reportedly Beefs Up AI Capabilities of Its Mobile Devices
The media reports that Apple is currently expanding the scale of integration of generative artificial intelligence into its mobile devices.
India Postpones Laptop Import Restrictions
India has postponed the start date of restrictive measures against the import of laptops, tablets, and servers to this country.
NCR President Says Banks Must Use AI to Stay Relevant to Customers
Doug Brown, president of NCR, an American company specializing in computing technology for retail chains, the banking sector, tourism, and medical industries, said that at present, an up-to-date understanding of consumer thinking is of paramount importance for financial institutions.
Amazon Expands Its Virtual Clinic to All 50 States
Amazon is expanding the regional reach of its Amazon Clinic virtual service to all 50 states and Washington, DC.
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