El Salvador Secures $31M Profit in 3 Years of Bitcoin Adoption
El Salvador currently holds more than $31 million in Bitcoin profit, despite the widespread initial criticism. El Salvador is celebrating its third anniversary of adopting Bitcoin as legal tender, a move the country implemented on September 7, 2021, to enhance financial inclusion, improve remittance efficiency, and attract financial innovation. President Nayib Bukele’s decision positioned El Salvador as […]
OpenAI Exceeds Over 1M Premium Business Users
OpenAI seeks to introduce more expensive subscription plans for upcoming large-language models such as the Strawberry and Orion AI models. OpenAI’s paid user base, including ChatGPT Enterprise, Team, and Edu users, has surged by nearly 67% since April, surpassing one million on September 5. The San Francisco-based AI company’s chatbot continues to gain traction due to […]
Crypto Venture Capital Funding Rises to $633M in August Rebound
Crypto VC funding increased by 15% in July, reflecting rising investor interest in blockchain infrastructure development. In August, crypto venture capital (VC) funding experienced a notable resurgence, even as the broader crypto market dealt with summer liquidity challenges. According to data from DefiLlama , crypto VC funding reached $633 million in August, a rise of […]
X Halts AI Chatbot Data Collection to Comply with EU Data Laws
X has settled its legal dispute with the European Data Protection Commission by agreeing to discontinue AI data collection practices and erase user data. The European Union’s investigation into the social media platform X has concluded after the platform agreed to comply with the European Data Protection Commission’s (DPC) requirements. On September 4, X committed to […]
US, EU, UK Sign First International AI Treaty
The US, EU, and UK sign the world’s first legally binding international AI treaty, prioritizing human rights and accountability in AI regulation. The global community has advanced towards aligning its goals and values concerning artificial intelligence (AI) with the signing of the Council of Europe’s AI convention. The United States, European Union, and the United Kingdom are […]