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Spain launches AI regulation agency in bid to become industry leader

Spain became one of the first countries in the European Union to establish its own task force for regulating Artificial Intelligence (AI). The Spanish Agency for the Supervision of Artificial Intelligence (AESIA) should guarantee, along with the national digital strategy, that the AI development in the country will be "inclusive,

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Anthropic AI raises $100m from South Korea to bolster telecommunications industry

Artificial intelligence (AI) developer Anthropic announced on Aug. 13 that it is receiving an additional $100 million in investment from the South Korean telecommunications giant SK Telecom. According to the announcement, the investment comes alongside a collaboration between the two companies in order to develop a multilingual large language model (LLM)

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13 developments that could kindle the public’s interest in the crypto industry

For many, the crypto industry feels as though it’s hovering on the brink. It attracts high-profile attention and headlines; yet widespread public interest and adoption haven’t yet followed.  There may be a variety of factors giving the public pause, ranging from stories of misconduct by bad actors to simply a

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Bitcoin Miner Riot Posts Mixed Q2 Earnings Report, Sees Growing Consolidation in Industry in 2023

“Riot’s core business is Bitcoin mining, and the scale of our vertically integrated operations and financial strength allowed us to execute on our power strategy at unmatched scale this quarter, driving our average cost to mine to $8,389 per Bitcoin in the second quarter, compared to an average Bitcoin price

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Massachusetts launches probe into AI in securities industry

Massachusetts securities regulators have started a new investigation into the use of artificial intelligence (AI) in the securities industry, after becoming increasingly concerned about the implications.On Aug. 3, Massachusetts Secretary of the Commonwealth William Galvin officially announced an investigation into the ways in which firms may be using AI in

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Bitcoin BTC Price Lingers Near $29.2K, as Investors Mull Latest Industry Woes; CRV Sinks 12.5%

Bitcoin was recently outperforming Ether, the second largest crypto in market value, and other major altcoins by market capitalization. ETH was changing hands at $1,853, down 0.5% from Sunday, same time. SOL, TRX and MATIC, the tokens of smart contract platforms, Solana, Tron and Polygon, were recently off 1.8%, 2.3%

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