BIS Unveils Technical Priorities for CBDCs in Americas
The major technical priorities for a possible CBDC architecture have been identified by the central banks in the Americas, with assistance from the BIS. For nations investigating or putting Central Bank Digital Currency (CBDC) ideas into practice, the Consultative Group on Innovation and the Digital Economy (CGIDE) study is a useful resource. Central banks are […]
ChatGPT 4.0 Passes Clinical Neurology Exam
ChatGPT 4.0, the most recent iteration of OpenAI’s large language model (LLM), scored 85% correctly on a clinical neurology exam of the American Board of Psychiatry and Neurology during a proof-of-concept study. A group of researchers from the German Cancer Research Center in Heidelberg and University Hospital Heidelberg published the experiment results on December 7. […]
Nvidia Extends AI Development Plans to Vietnam
Nvidia, one of the market’s foremost developers of artificial intelligence (AI) chips, declared its intent to establish a base in Vietnam and expand partnerships there to attract local talent in the AI industry. According to Nvidia CEO Jensen Huang, Vietnam is already a corporate partner and is home to millions of its clients; the company […]
Taiwan Central Bank Concludes Wholesale CBDC Study
The Central Bank of Taiwan has concluded a feasibility study regarding introducing wholesale central bank digital currency (CBDC) and is further deliberating on the matter. The central bank will continue to work on platform design while soliciting input from academicians and business professionals, Deputy Governor Mei-lie Chu stated on December 7. Chu described Banking 4.0, […]
IBM, Meta, Others Form AI Development Platform ‘AI Alliance’
Artificial intelligence (AI) technology frontrunners led by IBM and Meta have formed an organization known as AI Alliance, it comprises more than 50 tech companies and aims to emphasize a commitment to safety, collaboration, diversity, economic opportunity, and universal benefits. These organizations prioritize collaboration over competition, emphasizing their dedication to promoting transparent innovation and responsible […]