Technology Financial News
21.09 / 02:57
Blockchain
Technology
Scalability
Bitcoin
zk-Rollup
zk
Bitcoin pioneer Hal Finney talks zk proofs in 25-year-old unearthed footage
Early Bitcoin (BTC) pioneer Hal Finney shared his vision for zero-knowledge proofs more than 25 years ago, a full decade before the launch of the first cryptocurrency, Bitcoin.
20.09 / 21:59
business
Technology
Twitter
Apple
Apple Pay
FinTech
Apple, Goldman Sachs drop plans for trading app: Report
Apple and Goldman Sachs scrapped plans to launch an app for futures trading, CNBC reported on Sept. 19, citing people familiar with the plans.
19.09 / 13:49
Government
Blockchain
Technology
Law
Adoption
Asia
Blockchain Adoption
Indian
Indian state governments spur blockchain adoption in public administration
Ever since Bitcoin (BTC) popularized blockchain technology worldwide, the tech has found its way into myriad processes, from finance to public administration.
19.09 / 13:37
Technology
Adoption
regulation
Europe
European Union
Central Bank
Latvia central bank opens to fintech with ‘Innovation Hub’
Fintech innovations and emerging technologies have swept the world, causing global lawmakers to rush to understand and regulate them.
18.09 / 13:05
business
Technology
Adoption
Bitmain
Bitcoin
Costs
Bitcoin miners seek alternative energy sources to cut costs
During the 2021 bull market, many large mining companies took on massive loans to buy equipment and the proper infrastructure required to mine cryptocurrency. Yet the collapse of crypto exchange FTX and Celsius left many of these companies filing for bankruptcy.
15.09 / 19:19
business
Technology
Funding
data
NVIDIA
valuation
Nvidia AI partner Databricks raises $500M to achieve $43B valuation
Cloud data company Databricks recently announced the completion of a Series I fundraising round where it raked in $500M from primary investor accounts led by T.Rowe and new investors Capital One Ventures, Ghisallo Capital Management, Ontario Teachers’ Pension Plan and Nvidia.
15.09 / 13:21
Government
Technology
Law
Adoption
ChatGPT
Five AI trends to look forward to in 2023 and beyond
The artificial intelligence (AI) market has been growing at an exponential pace over the last couple of years, thanks in large part to consumer-ready products such as ChatGPT, Google Bard and IBM Watson that are now being used commonly across the globe.
15.09 / 11:41
business
Technology
Tech Analysis
AI startup
AI startup Helsing raises $223 million in Series B funding for defense solutions
European artificial intelligence (AI) defense company Helsing revealed on Thursday, Sept.14, that it secured $223 million (approximately 209 million euros) in Series B funding, with General Catalyst, a venture capital firm, taking the lead. Swedish aerospace and automotive manufacturer Saab also participated as a strategic investor.
14.09 / 09:39
business
Technology
Investments
goldman sachs
Gold
Goldman Sachs dismisses AI bubble, predicts upcoming revolution
Goldman Sachs has firmly maintained that an artificial intelligence (AI) bubble doesn't exist, despite concerns persist among analysts regarding the significant surge in AI market interest and the resulting spike in tech stocks. On the contrary, the financial powerhouse believes we stand on the verge of an AI revolution, rather than the anticipated bubble.
13.09 / 10:39
Technology
regulation
NVIDIA
IBM
US President
Adobe, IBM, Nvidia join US President Biden's efforts to prevent AI misuse
Adobe, IBM, Nvidia and five other companies have endorsed U.S. President Joe Biden's voluntary artificial intelligence (AI) commitments, including watermarking AI-generated content.
12.09 / 20:17
Government
Technology
regulation
SEC
Financial
Gary Gensler confirms SEC’s use of AI for financial surveillance
United States Securities and Exchange Commission (SEC) Chair Gary Gensler testified on Sept. 12 in a Senate oversight hearing that his agency was currently using artificial intelligence (AI) technologies to monitor the financial sector for signs of fraud and manipulation.
12.09 / 14:05
Technology
Adoption
NFT
Investments
Trading
Tokens
Are NFT markets in a death spiral or ready for a resurgence?
Nonfungible tokens (NFTs) saw a massive surge in popularity in 2021, accompanied by sky-high prices, but the market has since come crashing back to earth, and it’s unclear whether there will be a resurgence.
09.09 / 08:31
Technology
Law
regulation
Congress
Senators
Senators unveil bipartisan blueprint for comprehensive AI regulation
Two senators unveiled a bipartisan blueprint for artificial intelligence (AI) legislation on Friday, Sep. 8, as Congress intensifies its endeavors to regulate this emerging technology.
08.09 / 17:07
business
Technology
NASDAQ
stocks
SEC Approval
Nasdaq receives SEC approval for AI-based trade orders
Nasdaq announced that the United States Securities and Exchange Commission (SEC) has approved its request to operate the first exchange AI-driven order type on Sep. 8.
08.09 / 09:39
Blockchain
Technology
Adoption
Africa
Africa’s blockchain journey begins with poverty alleviation — SumoTrust CEO
Many people have called for Nigeria and Africa to incorporate blockchain technology into daily life; however, poverty must first be conquered before blockchain technology can be properly integrated into society, according to GT Igwe Chrisent, the CEO of SumoTrust, an online savings and investment platform; and Truzact, a crypto wallet.
07.09 / 17:29
business
Blockchain
Technology
Adoption
DLT
AI and blockchain will 'reshape sectors' and create new markets from scratch — Moody's
Artificial intelligence (AI) and blockchain technologies have reached a "tipping point" and are set to shrink established industries while creating new ones, forecasts a report from Moody's Investors Service published on Sep. 6.
06.09 / 19:21
Blockchain
Technology
Binance
defi
Rug Pull
Binance creates smart contract to refund users affected by $3M rug pull
Crypto exchange Binance has created an automated smart contract to reimburse users following the events of the Xirtam rug pull.
06.09 / 11:27
Technology
Microsoft
Tesla
NVIDIA
Vodafone
FTSE 100
fundsmith
Fundsmith Equity and Scottish Mortgage retain bestseller crowns in August
Out of the ten most bought funds for the period, half were trackers either from Vanguard, L&G or HSBC.
05.09 / 19:05
Technology
regulation
Agency
Computer science experts say US should create new fed agency for AI: Survey
A plurality of experts believe the United States should create a new federal agency dedicated to artificial intelligence (AI) governance, according to a survey conducted by Axios, Generation Lab and Syracuse University.
05.09 / 13:31
business
Technology
Baidu
Meta
OpenAI
Baidu CEO Robin Li says more than 70 AI models already released in China
The CEO of Chinese tech company Baidu, Robin Li, said on Sep. 5 that more than 70 artificial intelligence (AI) models have been released in the country, according to a report from Reuters.
05.09 / 12:01
Technology
People moves
analyst
Polar Capital makes double analyst hire for global technology team
Fred Holt has joined from Janus Henderson Investors and Lina Ghayor from Exane BNP Paribas.
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