Hedera Launches $250M Fund For Web3 Adoption in Saudi Arabia

To promote Web3 adoption and education in Saudi Arabia, the Hedera protocol has established a $250 million fund for DeepTech. The Saudi Arabian government and Hedera, an open-source Proof-of-Stake (PoS) public ledger, have announced a multi-year strategic partnership. DeepTech Studio Acquires $250 Million Fund As stated in the X announcement, the PoS blockchain has reportedly formed […]
IBM Security Explains How Deepfake AI Hijacks Live Conversations

Scientists from IBM Security have recently made a startlingly simple discovery regarding a method to hijack and manipulate live conversations through the use of artificial intelligence (AI). The “audio-jacking” attack utilizes deepfake audio technology and generative AI, incorporating OpenAI’s ChatGPT and Meta’s Llama-2. Audio Jacking Researchers programmed the AI to analyze audio from two sources […]
EU Member States Unanimously Endorse AI Act

France and Germany retracted their objections to the AI Act before its approval on February 2. With the approval of the final text of the EU’s AI Act by member states, the European Union has advanced its regulatory framework for artificial intelligence (AI). EU Commissioner for the Internal Market, Thierry Breton formally confirmed the “endorsement of […]
UK Focuses More on AI Safety Concerns Rather than Opportunities

The British parliament‘s Communications and Digital Committee of the House of Lords has warned that the United Kingdom’s approach to artificial intelligence has become overly preoccupied with AI safety and its potential dangers rather than its opportunities. The committee stated in a report on artificial intelligence (AI) and large language models (LLMs), the underlying components […]
OpenAI Breaches Data Protection Laws in Italy – IDA

In a statement issued on January 29 the Italian data protection authority (IDA) declared OpenAI violated its data protection and privacy laws, . In the statement, the IDA has determined, following a “fact-finding activity,” that the widely used artificial intelligence (AI) chatbot ChatGPT by OpenAI fails to comply with the stipulations outlined in the GDPR […]
