Crypto exchange Bybit has been fined and blocked in India for violating anti-money laundering laws, as authorities crack down on unregistered crypto operations in the country.
Bybit Hit With Penalty, Website Blocked in India Over AML Violations
The Indian Ministry of Finance announced last week that the Financial Intelligence Unit-India (FIU-IND) had imposed a financial penalty of ₹9.27 crore…
UAE Ministry Partners With Shiba Inu to Drive Web3 Innovation
February 6, 2025
The United Arab Emirates Ministry of Energy and Infrastructure has partnered with Shiba Inu to implement Web3 solutions for energy, infrastructure, and other areas.
Public Service Efficiency Gets a Web3 Makeover
The United Arab Emirates (UAE) Ministry Energy and…
Lightning AI’s AI Hub shows AI app marketplaces are the next enterprise game-changer
February 6, 2025
The last mile problem in generative AI refers to the ability of enterprises to deploy applications to production.
For many companies, the answer lies in marketplaces, which enterprises and developers can browse for applications akin to the Apple app store and download new…
CodeSignal, whichi s known for its technical skills assessment platform, is making a significant pivot into leadership and communication training with a new AI-powered conversation simulation tool. The move represents a strategic expansion beyond the company’s core technical assessment business, which has attracted clients like Netflix, Capital One, Meta and Dropbox.
The San Francisco-based…
Not every AI prompt deserves multiple seconds of thinking: how Meta is teaching models to prioritize
February 6, 2025
Reasoning models like OpenAI o1 and DeepSeek-R1 have a problem: They overthink. Ask them a simple question such as “What is 1+1?” and they will think for several seconds before answering.
Ideally, like humans, AI models should be able to tell when to give a direct answer…
Aethir drives real-world asset tracking with Plume and GAIB
February 5, 2025
Aethir puts under-utilized GPUs to use in its blockchain-based decentralized graphics processing unit (GPU) cloud. And it’s teaming up with Plume and GAIB as part of an effort to track real-world assets.
The strategic collaboration with Plume and GAIB is part of the $100…
Adobe Acrobat AI now reads and explains your contracts in minutes — here’s how it works
February 5, 2025
Adobe is expanding its push into AI with new features that aim to demystify complex contracts and legal documents for both businesses and consumers, as the company seeks to maintain its dominant position in the document management market.
The software giant announced today that its Acrobat AI Assistant can now automatically detect contracts, summarize key terms and compare differences across…
ByteDance researchers have developed an AI system that transforms single photographs into realistic videos of people speaking, singing and moving naturally — a breakthrough that could reshape digital entertainment and communications. The new system, called OmniHuman…
US Navy hits drone with HELIOS laser in successful test
February 5, 2025
The U.S. Navy successfully tested its High-Energy Laser with Integrated Optical Dazzler and Surveillance, or HELIOS, system on one of its warships in fiscal 2024, according to a recently released report.
The Arleigh Burke-class destroyer Preble fired its HELIOS system to zap…
A quarter of Tesla's earnings were due to recognizing a $600 million gain on Bitcoin
February 5, 2025
Roughly a quarter of Tesla’s earnings last quarter were due to recognizing a $600 million gain on Bitcoin. Tesla still came short of expectations.
Tesla and Bitcoin
Tesla is among the few large public companies that invested some of their cash into cryptocurrency.
Early in 2021, Tesla invested $1.5 billion in Bitcoin. Shortly after, the automaker started accepting the cryptocurrency as…
