Greece to Build $330M Data Center for AI Expansion
Greece is set to build a new data center as part of its push to integrate into Europe’s AI landscape. Greece has announced new intentions to construct a data center in the country, which is part of the country’s ongoing efforts to gradually integrate itself into the rapidly developing artificial intelligence landscape in Europe. On […]
OpenAI Targets $150B Valuation With Recent Funding
Sam Altman OpenAI seeks a $150B valuation in new funding led by Thrive Capital, with AI growth discussions from Microsoft, Nvidia, and Apple. OpenAI, founded by Sam Altman, is negotiating to secure a funding round to elevate its valuation to $150 billion. Microsoft and Nvidia are in discussions to participate, while Thrive Capital is anticipated […]
Nvidia Stock Rises Amid US-Saudi Arabia Offer, AI Coins Up?
Nvidia stock soars as the US is considering approving a request to export advanced processors to Saudi Arabia, which can potentially increase the price of AI coins. According to recent reports, the US government is currently considering the approval of Nvidia ‘s request to export advanced processors to Saudi Arabia. Some experts believe that this […]
AI Deepfake Attacks May Extend Beyond Videos, Audio
Security firms caution that the attack method may expand beyond video and audio as artificial intelligence (AI) powered deepfake schemes become more prevalent. In the second quarter of 2024, malicious actors have intensified their operations by employing AI-powered deepfake schemes to defraud crypto holders, according to a software firm Gen Digital report on Sept. 4. […]
Brazilian Tax Authority Uses AI to Uncover $180M Crypto Tax Fraud
Brazilian Tax Authority has developed an AI-powered tool to detect illicit crypto transactions, enhancing tax data analysis. Brazil’s Tax Watchdog Employs Artificial Intelligence to Identify Cryptocurrency Crimes Government agencies are progressively integrating artificial intelligence (AI)-based tools to simplify their operations. The Brazilian tax watchdog, the Federal Revenue Service, has recently reported on the implementation of […]