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ASEAN countries join hands for AI development
The ten members of the Association of Southeast Asian Nations have established a working group on AI governance and reiterated...
Project Leonidas update: Italian banks complete wholesale CBDC trial
The Italian Banking Association trialed a wholesale CBDC issuance within a DLT environment, with atomicity, transparency and traceability as the...
HSBC extends digital yuan services for corporate clients, eyes new use cases
With talks of the commercial rollout of the digital yuan just around the corner, HSBC has started offering corporate clients...
Alibaba’s updated Tongyi Qianwen AI model to rival offerings from Meta, OpenAI
In terms of capabilities, Qwen2 could challenge existing AI models developed by tech giants OpenAI and Meta, with features such...
Reserve Bank of India plans ‘intelligence platform’ to curb digital payments fraud
As more transactions are done online, the risk of fraudulent activities increases, forcing the Reserve Bank of India to set...
Intel, African Development Bank to train millions in AI
Intel has joined hands with the AfDB to train three million Africans and 30,000 government officials in AI, as the...
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