2024 outlook: AI focus will shift to specialized machine learning that addresses specific business problems
Maxime Vermeir, senior director of AI strategy at ABBYY, an intelligent automation company, offers an in-depth analysis of an AI boom he sees coming in the year ahead.
FTX Bankruptcy Legal Costs Hit $118.1 Million in Three Months
FTX’s bankruptcy lawyers and advisers earned an average of $118.1M in fees between August and October, with Alvarez and Marshall leading the charges. (Read More)
The UK’s New Digital Securities Sandbox: A Step Forward for Crypto Innovation
The UK government’s Digital Securities Sandbox, set to launch on January 8, 2024, allows crypto firms to test products and services, promoting financial technology innovation and consumer protection. (Read More)
SEC Delays Decision on Ether ETFs to May 2024, Impacting Key Proposals
The SEC has postponed its decision on several Ether ETFs, including Hashdex Nasdaq Ethereum ETF and Grayscale Ethereum Futures ETF, affecting the future of Ethereum-based financial products. (Read More)
Virginia Tech Study Reveals Geographic Biases in ChatGPT’s Environmental Justice Information
Virginia Tech study reveals ChatGPT’s limitations in providing local-specific info on environmental justice, highlighting geographic biases. (Read More)
US Court Orders Binance and Changpeng Zhao to Pay $2.7 Billion in Settlement with CFTC
A US court has imposed a $2.7 billion fine on Binance and a $150 million fine on Changpeng Zhao for violating the Commodity Exchange Act and CFTC regulations. (Read More)
Japanese demand for digital hospital tech starting to pick up
Private hospitals in Japan adopt technology more than their public counterparts.