500 Million People to Use Digital Wallets by 2026: Gartner

Posted by - September 27, 2024

The technological research and consulting firm Gartner, Inc. predicts that by 2026, at least 500 million smartphone users will be regularly making verifiable claims using a digital identity wallet (DIW). Identity verification (IDV) in the form of a user taking a picture of their identity document and a selfie is commonly used today. It establishes

‘We are Doctors in Digital Services’

Posted by - September 25, 2024

With a strong foundation in engineering and internet programming, John Liu, CEO of AI firm jumpAD, has expertly bridged the gap between technology and marketing to help the company emerge as one of the leading digital marketing agencies in Taiwan. jumpAd, which is also Google Partner company today, not only offers innovative AI-driven advertising solutions

Sam Altman, Oprah Winfrey Discuss Future of AI

Posted by - September 24, 2024

OpenAI CEO Sam Altman faced tough questions about trust and AI safety in a primetime interview with talk show host Oprah Winfrey that aired recently. The interview, part of Winfrey’s special ‘AI and the Future of US’, put Altman in the hot seat as he attempted to assuage concerns about the rapid advancement of artificial

Trade Commission Criticises Social Media Data Practices

Posted by - September 23, 2024

The US Federal Trade Commission (FTC) released a report recently criticising social media companies for their inadequate handling of user data, particularly regarding its use in artificial intelligence (AI) systems. The report highlights that significant platforms like Meta, TikTok, Twitch, YouTube, and others collect and manage vast amounts of user data with little transparency or

Microsoft, BlackRock Team Up for $30b Investment Deal

Posted by - September 20, 2024

In a bold move to capitalise on the artificial intelligence (AI) boom, Microsoft and BlackRock are joining Abu Dhabi’s MGX to secure $30 billion in private equity capital. This investment will fund the development of vital AI infrastructure, including data warehouses and energy projects. The partnership aims to leverage this capital to reach $100 billion

Instagram Tightens Privacy for Teens with New Features

Posted by - September 20, 2024

Meta Platforms, the parent company of Instagram, has announced the rollout of new teen accounts designed with advanced privacy settings and parental controls. This move is part of the company’s efforts to address growing concerns about the safety of young users on social media, particularly as scrutiny around the mental health impacts of social platforms

Ex-Google Head Says AI Bots Shouldn’t Look Like Humans

Posted by - September 19, 2024

Hans Peter Brondmo, the former head of Google’s ambitious robotics project, Everyday Robots, believes that AI robots should not resemble humans. As tech giants like Tesla move towards developing humanoid robots, Brondmo offers a different perspective, emphasising the need for practicality over appearance. Reflecting on his seven years at Google’s innovation lab X (formerly Google

Transforming Blockchain Security and Preventing Cyber Threat

Posted by - September 18, 2024

Blockchain is transforming the boundaries between virtual assets and real-world applications through its decentralised nature. This decentralisation not only reduces the risk of centralised corruption or failure but also encourages more democratic data management. It’s paving the way for innovative business models and Web3 applications. With its potential to revolutionise various sectors, from finance and

‘Engineering is a Way of Thinking’

Posted by - September 17, 2024

Though futuristic technology is fast moving towards a stage where it seems to take over human endeavour, Edberg Ponniah swears by innovation and creativity of the human mind. With the conviction that engineering is not only a profession, but a way of thinking, the chemical engineer believes in leading from the front and back in

Antwerp-based Beebop.ai Raises €4.9 Million

Posted by - September 13, 2024

Beebop.ai, a power grid orchestration software, announced its €4.9 million seed round, led by Angular Ventures, with support from Contrarian Ventures. Beebop is already used by leading utilities and manufacturers across Europe, the UK and the Middle East, and expects to control more than 100K residential assets under management in the coming year. Beebop’s orchestration

live Now