AI & RoboticsNews

Report: Enterprise investment in generative AI shockingly low, while traditional AI is thriving

November 14, 2023
Generative AI is all anyone can talk about. It is a breakthrough technology with transformational promises across numerous domains — even human life itself.   And while 2023 was undoubtedly the year that gen AI had its breakout, that has largely been hype, according to a Menlo Ventures report shared exclusively with VentureBeat.  Gen AI still accounts for a “relatively paltry” amount of…
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AI & RoboticsNews

Inside Visa’s AI-powered war against holiday fraud

November 14, 2023
The holiday shopping season is a double-edged sword for payments leader Visa. While transaction volumes surge, providing a sales boost, the period also kicks off a relentless assault from cybercriminals looking to exploit vulnerabilities and steal consumer data. “We know…
AI & RoboticsNews

FTC hosts challenge to stop harms of voice cloning AI

November 14, 2023
Voice cloning — the practice of mimicking someone’s voice so well it can pass for the real thing — has had a banner year, with a range of AI startups and techniques emerging to enable it, and a song going viral featuring voice clones of popular music artists Drake and The Weeknd. But for the Federal Trade Commission (FTC), the U.S. federal government agency in charge of investigating and…
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CryptoNews

CVM Chief: Brazilian CBDC Drex to 'Kill' Many Cryptocurrencies – Bitcoin News

November 14, 2023
João Pedro Nascimento, president of the Brazilian Securities and Exchange Commission (CVM), believes that drex, the Brazilian central bank digital currency (CBDC), will “kill” many cryptocurrencies. While established cryptocurrencies like bitcoin and ethereum will keep being used in the country, drex will impact the adoption of smaller and less-known crypto projects, Nascimento stated. CVM…
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Cleantech & EV'sNews

Fisker takes another tumble, slashes production forecast

November 14, 2023
California-based electric automaker Fisker saw its shares plummet 14% yesterday after reporting big losses and lower sales than expected. Now the American startup expects to slash its production forecast for this year by as much as 30% of initial expectations. In the third quarter, Fisker lost $91 million, or 27 cents a share, according to MarketWatch. The company said it produced 4,725 Oceans…
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