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October 29, 2024 4 mins

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Hey rebels, Crypto AI girl here. Your one and only source for what has happened in the crypto AI news over the past 24 hours~~

AI Engineering

- Robert Downey Jr. rejects the idea of an AI digital replica, emphasizing concerns over authenticity and ownership. 

- Federal investigators are examining Tether, a key player in the crypto market, amid regulatory scrutiny. 

- “Akon's Cryptocurrency City” project in Senegal faces significant delays and issues, raising doubts about its future. 

- Nvidia has surpassed Apple to become the most valuable company, attributed to its dominance in AI and GPUs. 

- OSI prepares a controversial definition for open-source AI, aiming to clarify the standards in AI development. 


Crypto

- Emory University commits $15.8M to spot Bitcoin ETFs, making it the first endowment to do so. 

- Circle launches an encrypted ERC-20 framework aimed at enhancing blockchain privacy. 

- Bitcoin demand surges among younger generations, similar to gaming trends, according to VanEck. 

- Hong Kong introduces new licenses and tax perks to boost the crypto industry. 

- Coinbase developer releases a tool enabling users to build AI agents quickly. 


Startups

- Read AI secures $50 million to enhance integration of its bot with platforms like Slack and email. 

- An official definition for open source AI has finally been established. 

- Elon Musk's xAI expands Grok with new image understanding capabilities. 

- Wiz CEO sheds light on rejecting a $23 billion acquisition offer. 

- Salesforce's AI chatbot, Agentforce, is now generally available. 


Investing

- Coders in a Himalayan Dorm Built Bhutan's First AI Bot. 

- AI Dating Might Actually Not Be So Bad. 

- Potential Japan Kingmaker Is Seeking Tax Breaks for Workers. 

- What Comes Next for Japan's Ruling Party After Its Election Setback. 

- Mexicos Is Still Waiting for Economic Dividends From Nearshoring. 


Big Tech

- Hong Kong introduced a new AI policy geared towards finance, proposing tax breaks for crypto firms to spur innovation in the sector. 

- Bret Taylor's AI startup, Sierra, was valued at $4.5 billion, highlighting the growing investment interest in AI technologies. 

- Saudi Arabia's Public Investment Fund announced a significant domestic focus and increased investments in AI at the Future Investment Initiative Summit. 

- The Kuwait economy is reportedly on the rise, according to the National Bank Kuwait Deputy CEO, indicating potential growth in sectors including tech. 

- Apple's manufacturing shift, with 6 billion iPhones shipped from India, reflects significant changes in global supply chains amid geopolitical tensions. 


AI Research

- LARP: Tokenizing Videos with a Learned Autoregressive Generative Prior: Introduces a novel technique for effectively tokenizing video content using autoregressive models, enhancing video generation quality. 

- Framer: Interactive Frame Interpolation: Discusses an innovative approach to frame interpolation aimed at improving visual quality in video applications through interactive methods. 

- Unleashing Reasoning Capability of LLMs via Scalable Question Synthesis from Scratch: Explores enhancing large language models' reasoning abilities by generating a wide range of questions for training and assessment. 

- LongReward: Improving Long-context Large Language Models with AI Feedback: Presents methods to improve long-context language models by incorporating feedback mechanisms to enhance response relevance. 

- Stable Consistency Tuning: Under

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