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Top UK university partners with AI startup to analyze crypto market

Imperial College London announced a partnership with the artificial intelligence (AI) startup FluidAI on Aug. 21 to help troubleshoot issues in the digital asset market using emerging technologies. The university’s AI lab I-X will be working alongside FluidAI to improve the “tokenized market” for institutions, trading platforms and retail investors. Particularly,

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IBM Watson developer raises $60M for AI startup Elemental Cognition

David Ferrucci, the artificial intelligence (AI) researcher who led the team behind IBM Watson’s development — the question-answering supercomputer developed by IBM — has raised nearly $60 million for his Elemental Cognition AI startup.According to a submission on Aug. 17, the company has finalized equity sales amounting to $59.95 million from 17

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Japanese startup to use stablecoins and CBDC to link Asian countries

Japanese blockchain startup Soramitsu is exploring new central bank digital currency (CBDC) applications with a new project on the cross-border payment system for Asian countries.Soramitsu will deploy Cambodia's CBDC and fiat-pegged stablecoins as part of its new payment system targeting countries like India, China, Japan and regions like Southeast Asia.The

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