News

Alibaba shuts down quantum computing unit to focus on AI research
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3 December, 2023

Alibaba shuts down quantum computing unit to focus on AI research

Alibaba is closing its quantum computing lab to focus on emerging technologies like generative AI—this move lays off 30 employees...
Lightning Cat AI model detects smart contract vulnerabilities with 97% precision: report
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2 December, 2023

Lightning Cat AI model detects smart contract vulnerabilities with 97% precision: report

Lightning Cat AI model is described as a massive improvement on current solutions that are riddled with false positives and...
UK permits tokenization for investment funds
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2 December, 2023

UK permits tokenization for investment funds

A group set up by the U.K. Treasury proposed allowing licensed investment funds to tokenize assets on DLT if they...
AI in pharmaceuticals: Tech accelerates active drug ingredients development
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2 December, 2023

AI in pharmaceuticals: Tech accelerates active drug ingredients development

ETH Zurich leverages AI to revolutionize drug development, identifying active ingredients, and demonstrating potential for accelerated, error-reduced advancements in medical...
Singapore digital currency rules tightened to discourage speculative activities
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2 December, 2023

Singapore digital currency rules tightened to discourage speculative activities

The Monetary Authority of Singapore is proposing stricter digital currency guidelines to regulate Digital Payment Token service providers and protect...
BTC miner Canaan records $80 million Q3 loss
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1 December, 2023

BTC miner Canaan records $80 million Q3 loss

Canaan cited a dip in the price of BTC and a slowdown in the ASIC rig sales for its loss...