NVDA Q3 Earnings Alert: Why our AI stock picker is still holding Nvidia stockRead More

Crypto Biz: Global AI race ramps up, Winklevoss $100M loan to Gemini, and more

Published 04/14/2023, 04:45 PM
Updated 04/15/2023, 09:20 AM
© Reuters
BABA
-

The artificial intelligence (AI) global race has taken on new players in the past days, with Twitter and Alibaba (NYSE:BABA) reportedly integrating the technology into their businesses. The Chinese giant is working on its own chatbot assistant, while the social media platform is apparently leveraging AI to “detect & highlight manipulation of public opinion”. It's worth remembering that Twitter CEO Elon Musk recently spearheaded a letter calling for the halt of advanced AI development due to societal concerns. As the proverb says, "if you can't beat your enemy, join them".

While the AI landscape is taking shape, crypto exchange Gemini has secured a $100 million personal loan from its founders, Tyler and Cameron Winklevoss. Funding comes after alleged external capital raising attempts failed.

Continue Reading on Coin Telegraph

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.