Runway expands AI video capabilities with Gen-4
Backed by Google and Nvidia, Runway aims to revolutionise AI filmmaking with Gen-4, but legal battles and industry job losses cloud the future of AI video tools. Runway has unveiled…
Brazilians invest more in cryptocurrency than in stocks or gold
Despite being the fifth most popular investment, cryptocurrency outshines traditional assets like bonds and foreign currency in Brazil. A recent survey commissioned by Coinbase and Hashdex has revealed that cryptocurrency…
Elon Musk denies the US government’s plans for Dogecoin use
Despite Dogecoin’s rise, Musk emphasised its mission is separate from government initiatives like Trump’s DOGE agency. Elon Musk has clarified that there are no plans for the US government to…
Amazon unveils Nova Act to enhance AI capabilities
Developed by Amazon’s AGI lab, Nova Act outperforms competitors like OpenAI and Anthropic in internal tests, offering improved task automation and a potential edge in the AI market. Amazon has…
CFTC removes crypto derivatives advisories to align with traditional finance
By removing crypto-specific regulations, the CFTC is paving the way for more institutional involvement in the growing crypto derivatives market. The Commodity Futures Trading Commission (CFTC) has withdrawn two key…
European Commission charges €58.2 million in fees for DSA enforcement
Meta, TikTok, and Google have filed court cases challenging the supervisory fees imposed under the Digital Services Act, with all cases still pending. The European Commission has charged the largest…
MetaAI launches in Europe amid data concerns
The Irish Data Protection Commission continues to review MetaAI, particularly regarding WhatsApp and the use of personal data for training large language models. Meta has resumed the roll-out of its…