Microsoft’s AI Copilot Reportedly Gives Fake Election Information
Through research, two European nonprofit organizations have discovered that Microsoft’s artificial intelligence (AI) Bing chatbot, known as Copilot, generates erroneous/fake election information and improperly cites its sources. AI Forensics and AlgorithmWatch published the study on December 15th, revealing that 30% of the time, Bing’s AI chatbot had incorrect responses to fundamental inquiries concerning political elections […]
Why Peter Brandt Thinks Ethereum Is Doomed to Fail
Peter Brandt, a renowned market trader, has slammed Ethereum as an inefficient and irrelevant cryptocurrency, in contrast to other bullish predictions. He argues that Bitcoin is far superior to Ethereum as a store of value and investment asset. Ethereum, the second-largest cryptocurrency by market capitalization, has faced harsh criticism from Peter Brandt, a veteran market […]
OpenAI Announces Second Cohort of ‘Converge 2’ AI Startup Fund
OpenAI has initiated the application process for Converge 2, the second cohort of its six-week program designed to foster artificial intelligence (AI) enterprises. Fifteen successful candidates will receive $1 million from OpenAI as part of the investment opportunity. Engineers, designers, researchers, and product developers who employ AI for innovative purposes are the target audience of […]
Iris Energy to Acquire $22M Bitmain T21 Mining Rig to Increase Hash Rate in 2024
By acquiring new Bitmain T21 mining rigs worth $22M, renewable Bitcoin mining company Iris Energy plans to increase its total hash rate to 10 exahash per second (EH/s) in 2024. Deliveries of an additional 1.6EH/s of Bitmain T21 miners are scheduled for the second quarter of 2024, the company disclosed. As of December 2023, the […]
First Trust Asset Manager Files for Bitcoin ‘Buffer ETF’ with SEC
First Trust, a financial services provider, is the most recent organization to file a Bitcoin buffer exchange-traded fund (ETF) to the SEC, aiming to help investors mitigate risks when dealing with Bitcoin. First Trust filed Form N1-A with the Securities and Exchange Commission (SEC) of the United States on December 14 to introduce the First […]