May 19, 2024
Crypto

South Korea’s National Tax Service Advances on Cryptocurrency Oversight with Integrated Management System

South Korea’s National Tax Service is set to complete the ‘Integrated Cryptocurrency Management System’ by 2025, aiming to enhance tax compliance and prevent illicit activities. South Korea’s National Tax Service (NTS) has taken a significant step forward by initiating the development of an ‘Integrated Cryptocurrency Management System.’ Aimed at bolstering tax compliance and combating evasion,

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Crypto

US is facing risk of rolling blackouts as predicted electricity demand DOUBLES with AI data centers and crypto mines presenting ‘staggering challenge’ to the outdated grid

By Isabelle Stanley For Dailymail.Com 15:54 07 Mar 2024, updated 15:56 07 Mar 2024 Innovations in artificial intelligence, cloud computing and crypto mining are driving demand for power up The already ailing national grid is ill-equipped to deal with the increased demand with demand projections doubling this year Swaths of the US are at risk

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Crypto

AI Cryptocurrencies Are The Frontier To Watch In 2024

technology SOPA Images/LightRocket via Getty Images In the dynamic landscape 2024, the convergence of cryptocurrency and artificial intelligence has emerged as a focal point of global attention. Cryptocurrency is the cornerstone for constructing AI systems that engender trust and reliability in their operations, heralding a new era of technological advancement. The Imperative For Trustworthy AI

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Investors

Apple CEO Tim Cook promises to ‘break new ground’ in Gen AI this year as the AI battle intensifies | Technology News

At Apple’s annual shareholder meeting on Wednesday, CEO Tim Cook said that the company is investing heavily in generative artificial intelligence, sending a clear message to investors that it wants to capitalise on the most buzzed-about technology. “We believe it will unlock transformative opportunities for our users when it comes to productivity, problem-solving, and more,”

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Investment

Shaping The Future Of AI At FII Miami Summit

H.E. Yasir al-Rumayyan, Governor Public Investment Fund (PIF) FII Priority Miami 2024 Summit under the theme, “On the Edge of a New Frontier“ with Global Leaders Discussing Humanity’s biggest challenges Future Investment Initiative Institute – FII Institute- FII Priority Miami 2024 Summit Stepping into Miami Beach’s vibrant atmosphere, I felt a sudden rush of excitement

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Investors

AI Investors Are Wooing Startups With Massive Computing Clusters

Nvidia CEO Jensen Huang shown here holding a CPU designed for AI data centers. The company’s A100 and H100 GPUs have been in even higher demand among AI companies. AFP via Getty Images Last year, entrepreneur-turned-investor Nat Friedman found himself unwittingly becoming a full-time computer chip broker for upstart AI companies. “There were weeks where

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Investment

Family Office Investing Requires Mounds of Paperwork. AI Is Going to Help

Family offices are studying the investment opportunities presented by artificial intelligence, of course, but they are also excited about the potential AI offers for streamlining their operations and, for one day, supporting decision-making on investments and strategy. AI technology is expected soon to facilitate automation of several mundane but critical tasks for family offices, which

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Funds

Sam Altman In Talks To Raise Funds For Chips, AI Initiative: Report

The project could require raising as much as $5 trillion to $7 trillion OpenAI CEO Sam Altman is in talks with investors, including the UAE, to raise funds for a tech initiative to boost the world’s chip-building capacity and expand its ability to power AI, among other things, the Wall Street Journal reported on Thursday.

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Finance

Adobe CFO’s Advice On Bringing AI Into Finance

This is the published version of Forbes’ CFO newsletter, which offers the latest news for chief finance officers and other leaders focused on the budget. Sign up here to get it delivered to your inbox every Tuesday. A quick request before we jump in: We’re looking for your feedback on this newsletter in this brief

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Finance

Finance worker is tricked into paying scammers £20million by deepfake video call using AI copies of his colleagues, including British-based boss

The man from Hong Kong was not the only employee targeted at the company  A finance worker has been tricked into paying scammers £20million by a deepfake video call using AI copies of his colleagues, including his British-based boss. The employee in Hong Kong first received an email supposedly from his chief financial officer (CFO)

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