The Near Foundation is developing artificial intelligence-powered “delegates” to eventually vote on behalf of its decentralized autonomous organization (DAO) members, aiming to address low voter participation that has become typical of many protocols. Lane Rettig, a researcher at the Near Foundation, specializing in AI and governance, told Cointelegraph that the AI-powered governance overhaul is still…
From tech giants to startups, South Korean players are developing large language models tailored to their own language and culture, ready to compete with global heavyweights like OpenAI and Google. Last month, the nation launched its most ambitious sovereign AI initiative to date, pledging ₩530 billion, (about $390 million), to five local companies building large-scale…
Despite this week’s market downturn, some analysts predict that the inclusion of digital assets in US 401(k) retirement plans may unlock billions of dollars in new inflows by the fall, potentially driving Bitcoin to record highs. This “bullish” development may push Bitcoin (BTC) above $200,000 before the end of the year, signaling another $122 billion…
Google is one step closer to reaching its nuclear ambitions now that it’s working with public power utility Tennessee Valley Authority (TVA) to purchase electricity from a next-generation reactor. It’s the first power purchase agreement for technology this advanced that a US utility has made, according to the companies. The plan is for TVA to…
Spotify has launched two new Audiobooks Plus add-on subscriptions that allow Premium users to double their audiobook listening limit to 30 hours. They’re available to individual Premium subscribers and users who manage Family and Duo plans. Other users on Premium accounts can now also request 15 hours of audiobook access from their plan manager. However,…
Henrik Werdelin has spent the last 15 years helping entrepreneurs build big brands like Barkbox through his startup studio Prehype. Now, with his new, New York-based venture Audos, he’s betting that AI can help him scale that process from “tens” of startups a year to “hundreds of thousands” of aspiring business owners. The timing certainly…
Sword Health, an AI-powered digital health startup, has raised $40 million at a $4 billion valuation, a 33% jump from the $3 billion price tag it earned just a year ago. The funding was led by returning investor, General Catalyst. Even though 10-year-old Sword Health is cash-flow positive, its CEO and founder, Virgílio Bento, told…
Meta’s building a new AI data center so massive in Louisiana that the local utility company has plans to construct three new gas-fired power plants to provide it with enough electricity. Now, advocates and lawmakers are pressing Meta for answers about how it’ll clean up pollution stemming from the data center’s energy consumption. Sen. Sheldon…
GD Culture Group (GDC), a Nasdaq-listed holding company focused on livestreaming, e-commerce and artificial intelligence-powered digital human technology, plans to raise up to $300 million for a cryptocurrency treasury reserve. In a May 12 statement, GDC and its subsidiary, AI Catalysis, announced entering into a common stock purchase agreement with a British Virgin Islands limited…
Alongside its big public push for AI investments, the U.K. government is also playing a virtual card to catapult itself into the 21st century. Today it announced plans to launch a secure digital wallet to manage government-issued credentials, alongside a chatbot — built in collaboration with OpenAI — to interact with the main GOV.UK portal….