CryptoNews

Latam Insights: USDT Takes Over Brazil, Bukele's Administration Accused of Embezzlement – Bitcoin News

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news during the last week. In this issue: USDT dominates the Brazilian crypto market, Bukele’s administration is accused of deviating funds for Bitcoin projects, and Venezuelan exchanges create a new association. USDT Dominates the Brazilian Market The Brazilian Tax Authority (RBF) has acknowledged the…
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Cleantech & EV'sNews

Tesla plans to build its $25,000 electric car at Gigafactory Berlin

Tesla has reportedly confirmed that it plans to build its upcoming $25,000 electric car at Gigafactory Berlin. It’s a rare new model to be confirmed for the factory that currently only produces the Model Y. At Tesla’s 2023 Investor Day in March, the automaker unveiled a new car manufacturing system, which CEO Elon Musk claimed would be faster, more efficient, and enable the production of…
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AI & RoboticsNews

Global leaders scramble to regulate the future of AI

There is no doubt that the pace of AI development has accelerated over the last year. Due to rapid advances in technology, the idea that AI could one day be smarter than people has moved from science fiction to plausible near-term reality. Geoffrey Hinton, a Turing Award winner, concluded in May that the time when AI could be smarter than people was not 50 to 60 years as he had initially thought…
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AI & RoboticsNews

Elon Musk unveils xAI’s first product Grok, an LLM offering realtime data, efficiency and ‘humor’

Following up on his proclamation last week that xAI would begin allowing selected users access to its first AI product, founder Elon Musk on Sunday morning revealed it to the world, and it is very much aligned with his sensibilities and often irreverent and immature sense of humor, while boasting access to realtime information and high efficiency. The product is a Large Language Model (LLM)…
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