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Pip Labs Raises $80 Million at a $2.25 Billion Valuation to Protect IP via Blockchain

Pip Labs has raised $80 million in a Series B funding round led by VC firm A16z, reaching a valuation of $2.25 billion. The round aims to extend the development…

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Bit Digital Expands AI and HPC Footprint, Signs $700 Million Agreement With Boosteroid

Bit Digital, Inc. has shared an update on its journey into artificial intelligence (AI) services by securing a binding term sheet with Boosteroid Inc., a major player in the cloud…

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Kamala Harris’s Alleged ‘Crypto Reset’ Absent in Democratic Agenda

While the Republican platform addresses the issue of cryptocurrency and bitcoin, the Democratic Party’s latest platform remained silent on the matter. Adding to the buzz, there are whispers that Kamala…

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IMF Economists Suggest Electricity Tax to Lower Crypto and AI Environmental Impact

International Monetary Fund (IMF) economists have warned of the environmental impact of crypto mining and AI data centers, which are projected to increase global electricity consumption to 3.5% by 2027,…

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AI Search Engine Perplexity Teams up With Predictions Market Giant Polymarket

On Aug. 12, 2024, the startup behind Perplexity, an AI-driven search engine and chatbot, revealed a new partnership with Polymarket, a blockchain-powered predictions market. With this integration, users searching for…

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Milei’s Government Creates ‘Minority Report’ AI Unit to Predict Crimes in Argentina

The government of President Javier Milei has created a security-focused artificial intelligence (AI) unit that will use learning algorithms and other technologies to supervise the internet and predict crimes before…

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SingularityNET announces $53 million investment to advance AGI, ASI with world’s first modular supercomputer

SingularityNET's investment in modular supercomputing could accelerate AGI and ASI development, challenging Big Tech's dominance in AI. The post SingularityNET announces $53 million investment to advance AGI, ASI with world’s…

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AI Preparedness Index: South Africa Best Prepared African Country; Nigeria Ranks Outside the Continent’s Top 7

The latest International Monetary Fund (IMF) Artificial Intelligence Preparedness Index reveals that only seven African countries have preparedness indices of 0.4 or more. South Africa leads the continent with a…

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