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Worldcoin Aims to Revolutionize Digital ID like Aadhaar

Sam Altman, the CEO of OpenAI, launched the cryptocurrency project Worldcoin, which seeks to create a global ID network akin to Indias Aadhaar biometr

Sam Altman, the CEO of OpenAI, launched the cryptocurrency project Worldcoin, which seeks to create a global ID network akin to Indias Aadhaar biometric ID system. More than 2.4 million people have signed up with Worldcoin to have their irises scanned by "orb" devices in exchange for a free cryptocurrency and a digital ID. However, due to the possible exploitation of the gathered data, privacy concerns have been voiced. With a variety of use cases in mind, including the ability to differentiate humans from AI bots and facilitate the distribution of universal basic income, the project aims to establish a global identification and financial network. Since Worldcoins introduction, regulators in the UK and Germany have shown interest in it. Read More..

B2B Tech News | 2 years ago          

Musk and Sunak Chart the Future of AI Safety at London Summit

Elon Musk praised Chinas participation in talks regarding AI safety during a London event of the AI Safety Summit. Regarding AI safety, Musk expressed

Elon Musk praised Chinas participation in talks regarding AI safety during a London event of the AI Safety Summit. Regarding AI safety, Musk expressed his desire for China, the US, and the UK to stand together. He underlined that since these nations are leaders in the area, it would be beneficial if they agreed on safety. It was believed that for the talks on AI safety to make any real headway, China had to attend the meeting. AI systems require physical "offswitches" to prevent them from going insane, as both Elon Musk and British Prime Minister Rishi Sunak have stated. They also discussed how disruptive AI could be, how it would affect jobs, and what life was all about. Read More..

B2B Tech News | 2 years ago          

Kakao Grapples with Regulatory Hurdles Amid Market Turbulence

The South Korean software firm Kakao is under closer regulatory scrutiny due to allegations of monopolistic behaviour and an ongoing investigation int

The South Korean software firm Kakao is under closer regulatory scrutiny due to allegations of monopolistic behaviour and an ongoing investigation into possible stock market manipulation. Over the last three months, the companys stock has decreased by 27%, underperforming the overall market. Citing monopolistic practices and pricing increases, South Korean President Yoon Suk Yeol has called for an examination of Kakao Mobilitys taxihailing service. More than 90% of South Koreas taxihailing market is controlled by Kakao Mobility. Additionally, the business is being looked at for possible infractions about its purchase of KPop agency SM Entertainment. These legal obstacles arise when Kakao aims to compete with nearby rival Naver Corp. and develop artificial intelligence. Read More..

B2B Tech News | 2 years ago          

Google Unleashes AIPowered Image Magic for Advertisers

Google has made its AIpowered Product Studio available to US advertisers. Using this application, advertisers and retailers can create product imagery

Google has made its AIpowered Product Studio available to US advertisers. Using this application, advertisers and retailers can create product imagery by entering image creation prompts. The AI model can help with tasks like scene requests, changing the backdrop colour, and improving lowquality photographs. This feature makes it easier for businesses to reuse current assets across numerous campaigns by enabling them to create professional photos without the need for costly photography sessions. All US users of Merchant Centre Next as well as the Google and YouTube apps on Shopify will have access to the feature. It seeks to offer branding and image design services that are reasonably priced for companies of all kinds. Read More..

B2B Tech News | 2 years ago          

Ciscos Urgent Alert Critical Vulnerability in FTD Devices

A critical command injection vulnerability, rated 9.9 on the Common Vulnerability Scoring System, has been published by Cisco about their Firepower Th

A critical command injection vulnerability, rated 9.9 on the Common Vulnerability Scoring System, has been published by Cisco about their Firepower Threat Defence FTD devices. The FTD devices management centre software is vulnerable to unauthorised configuration instructions being executed by authenticated remote attackers. The vulnerability is related to the execution of specific unauthorised configuration commands via a specially constructed HTTP request. The management centre software update is a component of a larger security rollup that covers 27 vulnerabilities in total, including eight highseverity CVEs, five of which are denialofservice vulnerabilities, including the Firepower management centre, FTD software, and adaptive security appliances made by Cisco. Read More..

B2B Tech News | 2 years ago          

Musk Advocates ThirdParty Referee for AI Accountability

Elon Musk has advocated for the creation of a "thirdparty referee" to monitor artificial intelligence development businesses and voice concerns when n

Elon Musk has advocated for the creation of a "thirdparty referee" to monitor artificial intelligence development businesses and voice concerns when needed. To guarantee the appropriate growth of AI, he underlined the significance of developing a framework for insight. Musk made these remarks during the AI Safety Summit in the UK, where a joint declaration outlining a cooperative strategy for detecting and managing shared AIrelated risks was released and signed by 28 nations and the European Union. Musk emphasised the necessity for a thorough knowledge of AI before creating oversight measures, voicing fear that governments would enact regulations too soon. Read More..

B2B Tech News | 2 years ago          

Bletchley Declaration World Leaders Commit to AI Risk Management

During the AI Safety Summit at Bletchley Park, the UK, the US, the EU, China, and over 25 other nations pledged to work together to manage the risks a

During the AI Safety Summit at Bletchley Park, the UK, the US, the EU, China, and over 25 other nations pledged to work together to manage the risks associated with artificial intelligence AI. They endorsed a "Bletchley Declaration" that emphasised the need for global collaboration and a standard method of supervision. The proclamation seeks to address common worries about the possible risks associated with AI and to create regulations to reduce such risks. Wu Zhaohui, Chinas vice minister of science and technology, stated that Beijing is willing to engage with other countries to ensure AI safety and create a global "governance framework." The summits main topic was the existential hazards posed by extremely powerful generalpurpose AI models. Read More..

B2B Tech News | 2 years ago          

MCUs Transformed into Realtime Data Processing Platforms with ITTIA DB IoT

ITTIA DB IoT, a part of the ITTIA DB embeddable database family, enhances microcontroller MCU devices with advanced database and stream processing cap

ITTIA DB IoT, a part of the ITTIA DB embeddable database family, enhances microcontroller MCU devices with advanced database and stream processing capabilities. This new release empowers MCU applications to swiftly process, aggregate, detect anomalies, store, and make decisions based on data. Original equipment manufacturers OEMs creating gateway devices, industrial systems, medical devices, wearables, and embedded products can integrate ITTIA DB IoT for realtime data monitoring, storage, and management. ITTIA DB IoTs architecture is customizable, allowing embedded developers to choose realtime data streaming, time series management, and table data storage based on their specific needs. Read More..

B2B Tech News | 2 years ago          



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Refresh Your Facts

1.  Global online sales are predicted to reach 22% of all retail sales in 2023.
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2.  Global tablet shipments are expected to hit 142 million by 2025, reports Statista.
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3.  Artificial Intelligence is expected to contribute $15.7 trillion to the economy by the year 2030.
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4.  Since the launch of the popular mobile game, Candy Crush, in 2012, players have spent a total of 73 billion hours (equivalent to 8.3 million years) playing this game.
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5.  Approximately 8 billion gadgets connect on the internet every day.
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