Day: December 15, 2023

Intel Unveils New AI Chips to Rival Nvidia’s Dominance in AI Industry, INTC Stock Up 1%

Dubbed Gaudi3, Intel intends to attract generative AI companies like OpenAI away from Nvidia and bolster its stock market performance. Intel Corp (NASDAQ: INTC) stock closed Thursday trading at $45.18, up 1.37 percent from the day’s opening price. Although Intel has been on a winning streak since the calendar flipped in January, the company is not satisfied with the performance as its rival Nvidia Corp (NASDAQ: NVDA) has more than tripled its valuation year-to-date. As a result, Intel has unveiled new products to compete with Nvidia and other peers in…

Sotheby’s Breaks Ground with Historic Auction of Bitcoin Ordinals NFTs

The BitcoinShrooms compilation featured pixelated artworks, with a particularly captivating avocado that outperformed initial expectations, commanding an impressive $101,600. In a groundbreaking move, renowned auction house Sotheby’s has ventured into the world of Bitcoin Ordinals inscriptions, a form of Non-Fungible Tokens (NFTs), with unprecedented success. The auction featured a set of three pixelated images from the “BitcoinShrooms” collection, marking the auction house’s debut in the NFTs on Bitcoin space. The sale, concluded on Wednesday, December 13, exceeded all expectations, with the three digital images fetching a total of approximately $450,000.…

OpenAI announces second round of AI startup fund

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OpenAI has opened applications for the second cohort of its six-week program for artificial intelligence (AI) startups, Converge 2, through which it will invest $1 million into each of the 15 successful participants selected. The organization behind ChatGPT announced that the initiative, accessible worldwide, is aimed at individuals like engineers, designers, researchers, and product builders utilizing AI for innovative purposes. OpenAI founded the startup fund on the idea that robust AI systems will fuel a new era of groundbreaking startups. The rapid proliferation of AI tools and solutions has ignited…

Crypto Analyst Who Predicted Bitcoin 2023 Bull Run Releases New Target

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A crypto analyst who correctly predicted that Bitcoin would hit the heights it is currently enjoying has once again given projections as to Bitcoin’s future trajectory. As part of his predictions, he highlighted the best and worst-case scenarios for the flagship cryptocurrency going forward.  Bitcoin Could Ride To $60,000 In a live stream on his TechnicalRoundup YouTube channel, crypto analyst DonAlt noted that Bitcoin could rise to the resistance level of $60,000 based on historical patterns. The analyst had highlighted a bullish setup on the quarter timeframe, which had occurred…

AI-generated news anchors to present personalized reports on Channel 1 AI in 2024

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The media company Channel 1 AI is rolling out a brand new newsroom in 2024, with a catch — it’s powered by generative artificial intelligence (AI) and manned by AI-generated news anchors who will deliver personalized AI-generated content.  On Dec. 12, the channel released a teaser video of its upcoming segments on the social media platform X (formerly Twitter) with AI-generated news anchors delivering the company’s mission. See the highest quality AI footage in the world. – Our generated anchors deliver stories that are informative, heartfelt and entertaining. Watch the…

Bank of Ireland UK reprimanded for inaccurate data on customers’ accounts

The Information Commissioner’s Office (ICO) has issued Bank of Ireland UK with a reprimand for mistakes made on more than 3,000 customers’ credit profiles. Bank of Ireland UK sent incorrect outstanding balances on 3,284 customers’ loan accounts to credit reference agencies, organisations that help lenders decide whether to approve financial products. This inaccurate data could have potentially led to these customers being unfairly refused credit for mortgages, credit cards or loans, or granted too much credit on products they were potentially unable to afford. The investigation found that, due to…

Qredo Closes Crypto Exchange Ankex, CEO Michael Moro Leaves

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Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated. The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is an award-winning media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. In November 2023, CoinDesk was acquired by Bullish group, owner of Bullish, a regulated, institutional digital assets exchange. Bullish group is majority owned by Block.one; both groups have interests in a variety of…

What are stealth addresses, and how do they work?

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Crypto stealth addresses, explained The purpose of crypto stealth addresses is to enable privacy for each transaction, concealing the recipient’s identity and transaction history. Crypto stealth addresses are a privacy-enhancing feature in blockchain technology that lets users receive money anonymously. Unlike conventional public addresses, stealth addresses provide distinct, one-time addresses for every transaction. The recipient’s actual address is kept secret when a sender transfers funds using a stealth address; the transaction is broadcast to the network.  The recipient does not directly generate a private key from the stealth address; the…

Crypto under greater focus in 99% of companies — Paxos survey

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While a large majority of enterprises are embracing crypto solutions, institutional players also recognize the challenges of adopting this new technology, according to a report from crypto firm Paxos. Paxos surveyed 400 executives from United States-based financial services companies with at least five million users and $50 billion in assets under management or $50 billion annual payments volume.  The crypto firm published the results in its “2023 Enterprise Digital Asset Adoption Report,” showing that financial services firms are still deeply interested in digital assets and blockchain technology.  According to the…

Celestia (TIA), Injective (INJ), Neon EVM (NEON) Hits New ATHs

In addition to TIA, INJ, and NEON, other tokens have also demonstrated noteworthy performance. The crypto market is once again abuzz with excitement as three major tokens, Celestia (TIA), Injective (INJ), and Neon EVM (NEON), have reached new all-time highs, showcasing the dynamic nature of the crypto space. Celestia (TIA): Surging to the Stars Celestia (TIA) has experienced a remarkable surge in value, marking a 17.02% increase within 24 hours, propelling its price to $14.38. Over the past week, TIA has demonstrated impressive momentum, witnessing a surge of over 46.0%,…