With the widespread emergence of OpenAI’s large language model-based ChatGPT platform in late 2022, a considerable amount of public attention and private capital have been showered on generative artificial intelligence over the past year. The technology has spawned no end of human speculation about AI’s...
New York City Mayor Eric Adams and Chief Technology Officer Matthew Fraser announced Monday (Oct. 16) the release of the city’s new Artificial Intelligence (AI) Action Plan. This comprehensive initiative is the first for a major U.S. city. It will help protect against the potential...
The U.K. government on Monday (July 18) presented its plan to regulate artificial intelligence (AI) in the country. Like the European Union, the U.K. adopted a risk-based approach, where only the high-risk activities will be regulated, leaving the low-risk ones unsupervised to foster innovation. The...
The initial design of bitcoin was to be a payment method, a unit of currency. Along the way in the decade-plus since its creation by the anonymous creator/creators known as Satoshi Nakamoto, it evolved to become something quite different: something that people buy and trade...
December 26, 2023
With the widespread emergence of OpenAI’s large language model-based ChatGPT platform in late 2022, a considerable amount of public attention and private capital have been showered on generative artificial intelligence over the past year. The technology has spawned no end of human speculation about AI’s potential, including around the provenance of its various verbal and […]
September 01, 2021
The initial design of bitcoin was to be a payment method, a unit of currency. Along the way in the decade-plus since its creation by the anonymous creator/creators known as...
August 02, 2019
The Federal Reserve orchestrated an official investigation of an Amazon facility in Virginia, kicking off what is expected to be ongoing oversight of cloud providers, people familiar with the matter...
October 16, 2023
New York City Mayor Eric Adams and Chief Technology Officer Matthew Fraser announced Monday (Oct. 16) the release of the city’s new Artificial Intelligence (AI) Action Plan. This comprehensive initiative is the first for a major U.S. city. It will help protect against the potential risks of AI while developing tools and knowledge to help […]
June 26, 2020
The Wirecard scandal surrounding the German payment processor missing $2.1 billion has spilled over the border to Belgium. Brussels is seeking an investigation into the Federal Financial Supervisory Authority (BaFin),...
June 17, 2020
Three U.S. pandemic relief oversight boards haven’t completely started their work, even though the country has spent over 50 percent of economic rescue funds Congress ratified. A congressional panel doesn’t have...
March 18, 2020
The Federal Deposit Insurance Corporation (FDIC) is setting new regulations for FinTechs and industrial banks that will enhance transparency and establish record-keeping requirements, the agency said on Tuesday (March 17)....
