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Philippines surpasses digital payment target, hits over 50% in 2023
The Philippines' pursuit of a cash-lite economy is gaining traction, as seen in the BSP's e-payments report, where digital payments...
Moody’s joins Singapore’s Project Guardian to assess tokenization risk
Moody’s will focus on fixed-income workstreams, from fractionalized bonds and stablecoins to tokenized deposits for Singapore’s central bank’s Project Guardian.
Samsung hints at new AI-powered devices
Samsung is going all out in its AI investment, hinting at a potential development of an AI-powered smartphone, but industry...
OpenAI, Broadcom to develop new AI chip to alleviate GPU shortage
OpenAI is working with semiconductor manufacturer Broadcom to transition to in-house chip manufacturing following a global shortage of GPUs necessary...
Chinese researchers turn to AI for accurate weather forecasts
The FuXI-Subseasonal AI model is made for sub-seasonal forecasts, demonstrating high accuracy for predictions within a two-week window.
This week in AI: Meta releases Llama 3.1, OpenAI announces SearchGPT, FCC proposes new rules for AI in political ads
Meta has unveiled its open-source AI model, Llama 3.1, while July 25 marked the release of OpenAI's AI search tool,...
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