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Saudi Arabia and the UAE are purchasing thousands of Nvidia’s AI chips
Nvidia’s graphics processing units are in high demand as Saudi Arabia and the United Arab Emirates snapped up thousands of its chips to build artificial intelligence software, the Financial Times reported Monday, citing unnamed sources. Saudi Arabia purchased at least 3,000 of Nvidia’s H100 chips, and the UAE, which has also begun work on its…
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Web3 gaming adoption is happening mostly in Asia
Culture is often inseparable from entertainment. Your affinity for the kind of books, music, film or art you consume has more to do with the language you speak, the values your family and friends espouse, and the economics of where you live than anything else. You could argue that those preferences are even stronger when it…
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The godfather of AI, Geoffrey Hinton shares his views of AI’s future
Geoffrey Hinton, a renowned artificial intelligence researcher, recently spoke openly about his departure from Google and expressed concerns about the potential dangers of AI. Hinton emphasized that his critique was not directed towards Google, but rather a reflection of his reservations about the uncontrollable nature of AI and its impact on humanity. These reservations arose…
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Universities can nurture Web3 talent but need to understand how to cultivate it
Universities have a “critical” role to play in nurturing the next generation of Web3 talent, and academia must understand it to guide students toward the right vision, according to Czhang Lin, an IC board member of Web3 venture fund LBank Labs. On Aug. 2, the venture capital firm announced the winners of its Summer Bootcamp…
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Nvidia’s new AI chip is set to launch next year
Nvidia, already the market leader in providing high-end processors for generative AI use, will release an even more powerful chip as the demand to run large AI models continues. The company announced the availability of the GH200 super chip, which Nvidia said can handle “the most complex generative AI workloads, spanning large language models, recommender systems and…
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How AI and the Blockchain can benefit all of us
Artificial Intelligence and Blockchain technology can be considered two of the greatest innovation drivers of the last decade, already having influenced various sectors such as finance, supply chain management, and more. Thus, it stands to reason that combining the two technologies can unlock even further possibilities. While the use of artificial intelligence in the crypto…
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PayPal announces the launch of its own stablecoin
Global payments giant PayPal (PYPL) is entering the cryptocurrency market with its own U.S. dollar-pegged stablecoin, PayPal USD (PYUSD), the company announced on Monday. The Ethereum-based token will soon be available to PayPal users in the U.S. This is the first time a major financial company is issuing its own stablecoin. Users can transfer PYUSD between PayPal…
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IBM and Hugging Face release a geospatial model to track climate science
In a bid to democratize access to AI technology for climate science, IBM and Hugging Face have announced the release of the watsonx.ai geospatial foundation model. The geospatial model, built from NASA’s satellite data, will be the largest of its kind on Hugging Face and marks the first-ever open-source AI foundation model developed in collaboration with NASA. Jeff Boudier, head of product…
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The Role of Artificial Intelligence and the Metaverse in the Energy Sector
Mentions of artificial intelligence (AI) and the metaverse are often associated with video games and social media platforms. However, these technologies are now being utilized in various industries, including the energy sector. Recognizing the importance of AI, the federal government, including the White House, is working towards establishing a framework to harness its potential while…
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