Microsoft, G42 Open 2 AI Centers in Abu Dhabi
Microsoft and G42, a United Arab Emirates-based AI firm, have established two new AI centers in Abu Dhabi. These centers aim to promote responsible AI in the Middle East and…
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Nigerian Think Tank, Japanese Tech Firm Partner on Blockchain Research
The Nigerian Institute of Social and Economic Research (NISER) partnered with Soramitsu, a Japanese tech firm, to improve NISER’s research faculty’s knowledge of blockchain technology. Soramitsu will focus on specific…
BlackRock, Microsoft back $30 billion AI infrastructure venture
The $30 billion AI infrastructure venture could significantly boost economic growth, job creation, and sustainable AI innovation globally. The post BlackRock, Microsoft back $30 billion AI infrastructure venture appeared first…
Latam Insights: Brazilian Federal Police Cracks Down on $9.7 Billion Crypto Money Laundering Rings, Brazil Uses AI to Detect Crypto Tax Fraud
Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, Brazilian police dismantle $9.7 billion crypto laundering rings,…
AI Powerhouse Openai Reportedly Seeking to Raise $6.5 Billion at a $150 Billion Valuation
Openai, the company at the center of the artificial intelligence (AI) revolution, is reportedly seeking to raise $6.5 billion from investors, reaching a valuation of $150 billion. According to Bloomberg,…
OpenAI could reach $150 billion valuation with Apple, Nvidia backing
OpenAI's potential $150 billion valuation underscores the escalating importance and investment in AI technology, impacting future tech landscapes. The post OpenAI could reach $150 billion valuation with Apple, Nvidia backing…
Brazilian Tax Watchdog Uses AI Tool to Identify Operations Linked to Over $180 Million in Crypto-Related Tax Fraud
The Federal Revenue Service, the Brazilian tax watchdog, recently revealed that it has been using an in-house tool that leverages AI to detect money laundering and tax evasion transactions involving…
US, Nigeria Convene AI Conference to Promote Inclusive Tech Adoption
The U.S. and Nigeria will host a pan-African Artificial Intelligence (AI) conference in Lagos from September 10-11. The conference will bring together government officials, tech leaders, and civil society to…
SingularityNET, Fetch.ai, and Ocean Protocol launch FET token on Cardano
The deployment of FET on Cardano could significantly enhance the development of decentralized AI, promoting broader adoption and interoperability. The post SingularityNET, Fetch.ai, and Ocean Protocol launch FET token on…
Central Bank of Brazil Hints at a Future Integration of AI Into Its CBDC
The Central Bank of Brazil has hinted at implementing artificial intelligence (AI) and data monetization processes into Drex, its central bank digital currency (CBDC). In a recent presentation, Roberto Campos…
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