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Meta releases AI tools including one that checks other AI models’ accuracy
Meta Platforms on Friday released an array of new AI products including a “Self-Taught Evaluator” that is able to check the accuracy of other AI models. The model is therefore reportedly able to offer less human involvement in the development process of the AI models. The Facebook and Instagram parent company on Friday said it […]Cryptopolitan
Oct 19, 2024
US regulators to investigate Tesla vehicles over fatal self-driving tech accidents
Roughly a week after it unveiled its robotic self-driving vehicle, Tesla may be coming under some scrutiny over its self-driving software. The National Highway Traffic Safety Administration (NHTSA) announced on Friday, October 18, 2024, that it has opened an investigation into 2.4 million Tesla vehicles equipped with the automaker’s Full Self-Driving (FSD) software. The probe […]Cryptopolitan
Oct 18, 2024
AI use led the US Treasury to recover $4bn that would otherwise be lost to fraud
Artificial Intelligence (AI) has reportedly helped the US Treasury in fraud prevention. The government arm said that its enhanced detection program used AI to save and recover over $4 billion in FY24. By using AI tools and risk-based screening, the Treasury is not the only official arm to benefit. Almost a year after the Biden […]Cryptopolitan
Oct 18, 2024
Harris team identifies potential replacements for SEC chair, Gary Gensler
Vice President Kamala Harris is reportedly eying two possible candidates to replace Gary Gensler as chair of the Securities Exchange Commission (SEC). According to Unchained’s report, the Harris transition team already has candidates like Georgetown Law professor Chris Brummer and Chair of the Public Company Accounting Oversight Board (PCAOB) Erica Williams, as possible replacements for […]Cryptopolitan
Oct 18, 2024
Bitcoin quietly ignites a bull run as attention stays on stocks
Bitcoin is roaring back. While everyone has been fixated on the stock market, Bitcoin has been creeping up, launching a bull market that most weren’t paying attention to. In the last 12 months, the total crypto market has added $1.3 trillion in value. If Bitcoin were a company, it would now rank as the eighth […]Cryptopolitan
Oct 18, 2024
Tapioca DAO hit by $1.6 million hack
A significant security breach has rocked the decentralized finance (DeFi) protocol Tapioca DAO, leading to a steep decline in the value of its TAP token. On Friday, an attacker was able to drain 28 million TAP tokens from one of Tapioca DAO’s smart contracts. The hacker then transferred these tokens and exchanged them for 1600 […]Cryptopolitan
Oct 18, 2024
DeFi can complement traditional finance systems: Federal Reserve
Federal Reserve Governor Christopher Waller has just told a workshop on Friday that decentralized finance (DeFi) has the potential to complement traditional financial systems. Speaking at the Institute of Advanced Studies’ Vienna Macroeconomics Workshop, Waller cited some DeFi aspects like technology as critical they can affect and support traditional financial services. The apex bank boss […]Cryptopolitan
Oct 18, 2024
