Galaxy Digital Turns to AI Innovations Amid Bitcoin Mining Challenges

Summary

Galaxy digital, a seemingly huge name in Bitcoin mining is shifting focus to AI amid its rising competition and mining challenges. In its Q3 report, they revealed plans to repurpose their Helios facility in Texas for high-performance AI computing through partnership with a major data center. Galaxy aims to ramp up their power capacity to reach 1.7 GW.

Galaxy digital, a financial services and investments management company which also performs Bitcoin mining has decided to hop in on the trend and shift to AI . Its mostly driven to such path by increasing competition and rising mining difficulty within the whole sector.

In its Q3 reports, Galaxy shared info about them teaming up with a big-time data center called “hyperscaler”, which is rumored to convert its 800MW Helios mining facility in Texas into a high-performance AI hub. At this time only 200MW is active and they’re aiming to boost capacity by adding up to 1.7GW but they need approval from higher-ups to make it possible.

They are not the only ones following this trend, some other big names in crypto mining like Riot Platform and Marathon Digital are also looking to hop on to AI. Core Scientific has already locked in an $8 billion AI deal with CoreWeave over the next 12 years. Analysts say this shift is a major game-changer, to quote: “if Bitcoin miners put 20% of their energy toward AI, annual profits could hit $14 billion by 2027”.

AI Agents Take on Minecraft: SingularityNET’s Proto-AGI Learns in Virtual World

Summary

SingularityNET and ASI alliance has dropped a next-generational experiment, a self-learning robot, or proto AGI that learns and levels up in minecraft by itself. They are currently testing on how this AI could think and learn like us humans. Its just like giving an AI its own playground and us monitoring over it to see how it adapts to its environment. The experiment’s pretty wild and could be a huge step towards building smarter and more ethical AI in real life.

A decentralized artificial intelligence network called SingularityNET and the ASI Alliance, also a team focused on advancing artificial superintelligence have together lunched their first self-learning proto-AGI within Minecraft. This AI could be very powerful if it works as expected in minecraft.

So basically, this AI is let to play minecraft and explore its features on its own. Minecraft is a survival game, in which users are spawned in a random terrain with absolutely nothing. Users then have to navigate through the world find essentials for survival by themselves. This proto-AGI launched by SingularityNET and ASI alliance is supposed to navigate their way to survival by itself.

This sort of AI is called Autonomous Intelligent Reinforcement Inferred Symbolism (AIRIS), it functions outside of its pre-set rules and hence evolves as it encounters new challenges. An ASI Alliance spokesperson quoted minecraft is perfect fit for this purpose. This working style of AIRIS aligns well with Minecraft’s open-ended, unpredictable sandbox world, providing an expansive environment for which the proto-AGI can test the limits of autonomous AI learning.

If this functions as expected, it will be a huge leap for artificial general intelligence development as this same AI could be placed in real life scenarios and it could find a solution that we couldn’t.

Read how SingularityNET Revolutionizing AI with Adaptive Learning

AI-Powered Phishing Scams Take Aim at Crypto Users

Summary

Kaspersky’s AI Research Center says that cybercriminals are using Large Language Models (LLMs) to pump out tons of phishing and scam content. Their goal is simply to produce fake websites, especially to steal from crypto investors and wallet users. But there’s a trick that helps us differ these sites from actual legit ones.

Experts from Kaspersky’s AI Research Center claims to have discovered an increase in the use of Large Language Models used by cybercriminals, in order to scam people using large-scale scam and phishing attacks. They say these websites are created in bulks and every single one of them is specifically designed to lure the investors into their scam. But there’s a kick: every such website contains a distinguishable artifacts such as AI-specific phrases which makes them a bit easier to avoid. Reportedly, most of these phishing websites target users of cryptocurrency exchanges and wallets.

A big giveaway of such AI created sites is using phrases such as “As an AI language model…” and refusal to do certain tasks like, acting like a search engine or logging into sites, which are showing up on fake crypto sites targeting KuCoin, Gemini, and Exodus users. Another major giveaway is using phrases like “While I can’t do exactly what you want, I can try something similar,” this feels really obvious machine-made style of talk. According to Vladislav Tushkanov, threat actors can now pump out lots of these scam pages quickly with AI, filling entire sites, text, and even hidden tags with these tells.

But lately, cybercriminals have started to throw in non-standard symbols to dodge detection. Tushkanov further said that these AI powered scams are evolving rapidly, there are even records of AI writing malware scripts on their own, one way to defend is to catch AI made mistakes but even so, advanced security tools are must use. To stay safe, always double check links, type site addresses manually and only use modern security software.

Meta Teams Up with Reuters to Bring Real-Time News to Its AI Chatbot

Summary

Meta’s latest AI tech aims to level up the way we get our news, thanks to the new collab with Reuters. They’ve locked a multi-year deal and are letting Meta’s AI chatbot serve real time Reuters news straight to meta applications. Now we can get the updates just by asking!

The latest AI technology from Meta, a multi-billion dollar company famous for its social media platform, have made collaboration with Reuters, a global news organization known for their reliable, real-time news and information delivery. This is a multi year partnership and it is set to change the way we perceive news.

Basically there is going to be a chatbot in users’ any meta apps like Messenger, Instagram, WhatsApp and Facebook, where user can ask that bot about the news they want to know about. Its like having an intelligent friend who is up to date with all the latest news. Users are promised to receive accurate, up-to-date information alongside links to Reuters’ full coverage.

This collaboration is also a step up for Meta’s AI integration programs. It boosts engagement on its platform while also supporting news organizations. This initiative is just a part of Meta’s broader AI strategy. Some of its plans include AI driven customer service on WhatsApp and predictive content features on Facebook. These innovations show how Meta’s ambition to transform interaction with information.

AI is rapidly becoming more mainstream, similar to meta many other big tech companies are also investing on the advancement of AI. This further increases chances of AI crypto being face of the market.

Read similar topic: Vaneck launches fund of $30M to boost Fintech, Crypto and AI startups

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