Cointelegraph By Savannah Fortis
Regulatory scrutiny is intensifying in the U.K. as Big Tech’s deepening involvement in the AI sector raises concerns over competition and market dominance.
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The project "Realm of Historia'' recently announced its intentions to make strides in preserving Armenian cultural heritage through leveraging the use of blockchain technology and nonfungible tokens (NFTs).In a departure from conventional methods, this initiative seeks to digitize historical artifacts and physical historical sites, starting with the "Realm of...
Legendary American thrash metal band Megadeth announced a new nonfungible token (NFT) collection on Dec. 5, allowing fans exclusive access to content and physical experiences. The band announced the NFTs on social media through a post on X, formerly Twitter, saying the 5000-piece collection features the band’s digital mascot, Vic...
In a historic move, the first-ever studio recording of a young Michael Jackson, kept under wraps for nearly five decades, will be released on Dec. 7 as a “digital vinyl” via a blockchain-based platform. The track, titled “Big Boy (One-Derful Version),” will be digitally published through blockchain music platform Anotherblock...
The Singaporean government released its updated national strategy for artificial intelligence (AI) 2.0 on Dec. 4, in which it outlined how it plans to embrace innovation and tackle the challenges coupled with the technology. Singapore structured its AI strategy into three distinct systems, consisting of ten “enablers,” which drive those...
A copyright lawsuit filed against multiple companies developing artificial intelligence (AI) tools has been amended as artists and their legal teams alleged the misuse of their creative works. On Nov. 29, a group of visual artists amended a case previously struck down by a United States judge, adding seven new...
The open-source blockchain developer IOTA announced on Nov. 29 that it is launching a foundation, the IOTA Ecosystem DLT Foundation, based in Abu Dhabi to focus on the growth of its distributed ledger technology (DLT) in the Middle East region. According to the announcement, the new foundation will be...
Hong Kong authorities reported on Nov. 27 that 145 users were affected in a scam by the unlicensed cryptocurrency exchange Hounax, resulting in a loss of 148 million HKD ($18.9 million), according to local media Shenzhen Commercial News. On Nov. 25, local police held an initial press conference to inform...
The secretary-general of Amnesty International, Anges Callamard, released a statement on Nov. 27 in response to three European Union member states pushing back on regulating artificial intelligence (AI) models. France, Germany and Italy reached an agreement that included not adopting such stringent regulations for foundation models of AI, which is...
A group of businesses and tech companies have issued a joint letter to European Union regulators warning against over-policing powerful artificial intelligence (AI) systems at the expense of innovation. The letter, which was sent on Nov. 23 and undersigned by 33 companies working in the EU, stresses that too-stringent regulations for...
