Business

Google pledges $26 million for AI training initiative in Europe
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14 February, 2024

Google pledges $26 million for AI training initiative in Europe

Half the funds in the AI Opportunity Initiative will go toward upskilling European workers, as the rest goes to supporting...
Philippines eyes wholesale CBDC in 2 years; retail version out of the picture
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14 February, 2024

Philippines eyes wholesale CBDC in 2 years; retail version out of the picture

The Philippine central bank said it would not develop a retail central bank digital currency, and the wholesale CBDC will...
India expands CBDC project; plans programmability, offline use
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14 February, 2024

India expands CBDC project; plans programmability, offline use

In its monetary policy statement of 2024, the Reserve Bank of India revealed that it is looking to enable additional...
Homeland Security data for AI models may not be reliable, GAO finds
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13 February, 2024

Homeland Security data for AI models may not be reliable, GAO finds

A study conducted by GAO shows that some AI use cases were mischaracterized, proceeding to issue eight recommendations to remedy...
New York AG triples fraud loss claim against Digital Currency Group to $3 billion
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13 February, 2024

New York AG triples fraud loss claim against Digital Currency Group to $3 billion

The future of Barry Silbert's "crypto" empire is on the rocks after its losses mounted to over $3 billion as...
Digital asset firms continue to flounder in face of strict UK regulations
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13 February, 2024

Digital asset firms continue to flounder in face of strict UK regulations

Rishi Sunak’s vision of the U.K. becoming a global hub for Bitcoin will likely come true, and the U.K. will...