US FTC To Investigate Top AI Tech Companies
The Federal Trade Commission (FTC) of the United States has announced that it will investigate the investments and partnerships of major artificial intelligence (AI) companies, including Amazon, Alphabet, Microsoft, Anthropic, and OpenAI. The FTC announced on January 25 that it had issued orders requiring the five companies to provide information regarding their agreements with significant […]
AI Crypto Trading Bot Market to Reach $145.27 Million by 2029
Valuates Reports indicates that AI Crypto Trading Bots will aid in the production of accurate and efficient cryptocurrency trading. AI has served as the foundation of innovation for the previous five years. Trading is a sector that places significant reliance on artificial intelligence. Following in the footsteps of automated trading, it is anticipated that cryptocurrency […]
EU Commission Proposes Launch of AI Factories for Startups, SMEs
The European Commission has proposed the launch of AI factories and other AI-related endeavors to assist European startups and SMEs in developing artificial intelligence (AI) that adheres to the European Union (EU) regulations. According to the Commission’s blog announcement, access to dedicated AI supercomputers for European entrepreneurs will be streamlined, thereby encouraging the development of […]
Nvidia Partners With U.S. NSF for AI Advancement
The National Science Foundation (NSF) of the United States and Nvidia, an artificial intelligence (AI) chip maker, have announced a new partnership to launch the National Artificial Intelligence Research Resource (NAIRR) for AI advancement. The objectives of the NAIRR pilot program, which is national, are to increase access to the resources required for “responsible AI […]
Microsoft Valuation Crosses $3-trillion
On January 24, Tech giant Microsoft achieved an interesting feat as its worldwide valuation surpassed $3 trillion, becoming the second organization in history to reach that milestone. Its success is mainly attributable to the market growth following OpenAI’s ChatGPT launch last year and the proliferation of general artificial intelligence (AI) technologies. At the date of […]