Gnus.AI Network Loses $1.27M to Discord Hack
Gnus.AI artificial intelligence network was hit by a hacker who was able to view team members’ private Discord messages and mint fake tokens, leading to a loss of $ 1.27 million. On May 5, exposure to token-minting vulnerabilities caused the Gnus.AI artificial intelligence network to incur an approximate loss of $1.27 million. The group declared […]
Microsoft Invests $2.2B for Cloud, AI Expansion in Malaysia
Microsoft has declared a four-year, $2.2 billion investment in Malaysia towards the expansion of its artificial intelligence (AI) and cloud services. As per a blog post, the investment represents the most substantial in the 32-year tenure of Microsoft in Malaysia. The investment encompasses the construction of cloud and AI infrastructure, providing AI-skilling opportunities for 200,000 […]
Apple Reportedly Poaches Google AI Staff
Reportedly, Apple has been recruiting Google staff intending to assemble its team of machine learning and artificial intelligence (AI) specialists. The Financial Times (FT) reported on April 30 that Apple has engaged in a “hiring spree” over the past year, explicitly acquiring “dozens” of these specialists from Google. Since 2018, Apple has reportedly recruited approximately […]
Sam Altman Joins Government AI Safety Board
The US government established an AI Safety and Security Board to monitor advancements in AI. Sam Altman, Satya Nadella, Sundar Pichai, and Jensen Huang were invited to join the board. As what seems to be an unexpected development, the Federal government has extended invitations to CEOs of leading companies specializing in Artificial Intelligence (AI) to […]
Meta Falls 15% on Weak Outlook and High AI, Metaverse Spending
Meta (META) shares dip 15% in after-hours trading as plans to boost AI spending and sustained metaverse losses coincide with a dim revenue outlook. In after-hours trading, Meta (META) shares fell 15% following the company’s announcement that it will “substantially” increase expenditure on artificial intelligence. At the same time, its metaverse division will continue to […]