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Strawberry extends on OpenAI’s Q* project announced last November, which some described as a technical breakthrough allowing for the development of “far more powerful” AI models.
On June 25th, according to Jinshi's report, some developers received a letter from OpenAI stating that "based on data, your organization has API traffic from regions that OpenAI currently does not support. From July 9th, additional measures will be taken to stop API usage from countries and regions not on OpenAI's supported list."
Hong Kong's Secretary for Financial Services and the Treasury, Christopher Hui, revealed that the government will release a policy statement later this year, outlining its policy stance and direction on the application of artificial intelligence (AI) in the financial market. Hui mentioned that the development of AI has become an important trend in the world, and as an international financial center, Hong Kong must consider its impact on the financial industry. Hong Kong maintains an open and compatible attitude towards the application of AI.
The Saudi government plans to create a fund of about $40 billion for investing in artificial intelligence. The $40 billion target will dwarf the typical financing scale of American venture capital firms. In recent weeks, representatives of the Saudi sovereign wealth fund have discussed possible partnerships with top Silicon Valley venture capital firms such as the Anderson Horowitz Fund and other financiers. They cautioned that plans may still change. According to four insiders, Saudi representatives have mentioned to potential partners that the country is seeking support for a range of tech startups related to artificial intelligence, including chip manufacturers and expensive, large data centers that are increasingly necessary for the development of next-generation computing. Saudi Arabia is even considering starting its own artificial intelligence company.
As the hype around artificial intelligence (AI) in the cryptocurrency field continues to rise, the cost of registering a subnet on the Bittensor network has skyrocketed to $6.7 million, with a monthly increase of 10,000%. Just last month, the cost of registering a subnet was 100 TAO, or $53,000, but as of yesterday it had reached 10,127 TAO ($6.7 million).
AI robot company Figure completed a financing round of $675 million with a valuation of $2.6 billion. This round of financing was participated by Microsoft, OpenAI Startup Fund, NVIDIA, Jeff Bezos (through Bezos Expedition), Parkway Venture Capital, Intel Capital, and Align Ventures.
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