JAKARTA Indonesia's central bank said on Thursday it had started a trial of cross-border QR code payments with

The creator of the hugely popular AI bot ChatGPT has launched a controversial project that offers users a free share of cryptocurrency in exchange for their biometric data. Nearly four years after founding Worldcoin, OpenAI boss Sam Altman announced on Monday that the crypto wallet and app is now available in countries where it is not banned for regulatory or legal reasons. More than 1.5 million people signed up to the venture prior to its official launch, each receiving a share of Worldcoin tokens in exchange for scanning their iris using a silver orb developed by the startup. The biometric data was used to verify each individual’s “unique personhood” and ensure that no one signed up more than once. Each person will now be able to use the Worldcoin token, which is currently valued at $2.59 (£2), according to CoinMarketCap, having begun trading on Monday just below $2. Worldcoin (WLD) is similar to other cryptocurrencies like bitcoin, in that it uses blockchain technology to enable digital transactions. According to its website, people can use it for “remittances, [to] tip artists, [and] buy and sell goods and services”. The main differentiator is the way that users sign up, with privacy advocates warning that it could lead to a black market of people’s iris scans. Worldcoin has defended its technology by claiming that its orb is only used to check that a person is unique and has not signed up before. The startup’s website states: “We don’t want to know who you are, just that you are unique”. Worldcoin co-founder Alex Blania wrote in a note published on Monday that he believed Worldcoin “could drastically increase economic opportunity, scale a reliable solution for distinguishing humans from AI online while preserving privacy, enable democratic processes, and eventually show a potential path to AI-funded universal basic income.” He added: “Worldcoin is an attempt at global scale alignment, the journey will be challenging and outcome is uncertain. But finding new ways to broadly share the coming technological prosperity is a critical challenge of our time.” Worldcoin does not list the countries in which it operates – The Independent has reached out for further information – though it is not yet available in Mr Altman’s native US. The startup founder was only able to sign up himself on a trip to Europe earlier this year. “Like any really ambitious project, maybe it works out and maybe it doesn’t, but trying stuff like this is how progress happens,” Mr Altman tweeted following Worldcoin’s launch. “In either case, we especially love our haters, it gives us energy, please keep it coming.” Read More What is superintelligence? How AI could wipe out humanity – and why the boss of ChatGPT is doomsday prepping How bad is bitcoin for the environment really? Crypto experts discuss bitcoin price predictions What is Solana? The crypto rising 200-times faster than bitcoin

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WROCŁAW, Poland--(BUSINESS WIRE)--Jun 16, 2023--

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Facebook owner Meta's new Threads app, meant to rival Twitter, will not be available in the European Union when it launches Thursday because of regulatory concerns, a...

AI researchers at Microsoft have made a huge mistake. According to a new report from

SAN FRANCISCO--(BUSINESS WIRE)--May 9, 2023--

Kai Cenat's PS5 giveaway at NY Union Square Park turned chaotic as a distressing viral video shows a 60-year-old vendor's shop being robbed

Vladimir Putin has unveiled what he calls Russia’s new strategy to counter Western dominance of the field of artifical intelligence, claiming that new AI models “cancel Russian culture”. The president addressed an AI conference in Moscow on Friday where he said Russian investment in AI development was being increased across all sectors. Citing the example of Gazprom Neft, Mr Putin said one of Russia’s largest oil producers was using AI to slash the cost of oil well development and to address complicated logistics safety issues. “I hope we will be more active in this area. When I say ‘we,’ I am referring not only to the government but also to the regions and industries, and individual plants,” Mr Putin said. The Russian leader said the country would intensify its research into the domains of generative AI and large language models which currently lag behind the leading Western-developed tools like OpenAI’s ChatGPT and Google’s Bard chatbots. Speaking about such AI models, he said their full potential had only started to emerge in the past year, while he criticsed “Western search engines” and generative AI models, calling them “very selective and biased”. “They do not take into account and sometimes simply ignore and cancel Russian culture. In simple terms, the machine is given some creative assignment and performs it using only the English language database,” he said. “Thus, the algorithm may tell the machine that Russia, our culture, science, music and literature simply do not exist. They are cancelled in the digital space, as it were,” the Russian president said at the conference. AI created according to “Western standards”, he said, may emerge as a “kind of xenophobe”, he said. “Our domestic models of artificial intelligence must reflect the entire wealth and diversity of world culture, the heritage, knowledge, and wisdom of all civilisations,” he said. English speaking countries currently dominate AI development, with Stanford’s Institute for Human-Centered Artificial Intelligence (HAI) claiming the US and UK were further ahead in the technology than the rest of the world. The Russian president said that the “monopolistic dominance” of the technology was “unacceptable, dangerous and inadmissible”. “Our innovations should rest on our traditional values, the wealth and beauty of the Russian language and languages of other peoples in Russia,” Mr Putin added. To achieve such development, he called for the scaling up pf Russia’s supercomputing power and to improve its top-level AI education. Read More AI breakthrough could help us build solar panels out of ‘miracle material’ OpenAI co-founder Sam Altman ousted as CEO YouTube reveals bizarre AI music experiments AI-generated faces are starting to look more real than actual ones Breakthrough ‘safe’ liquid fuel cannot start accidental fires, scientists claim Meta sued over ‘open secret’ of ‘pursuing,’ signing up millions of underage users

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European Union lawmakers allayed market concerns over a possible revenue cap on renewable power producers, an emergency measure