Weekly tech news 08/05/2024

Weekly Tech Newsletter August 05 2024

Welcome to Weekly Tech News by Delnorte

This week’s newsletter features some very exciting news about distributed ledger technology, AI and Delnorte

OWNIT Mastermind August 05th update

Strong AI summit and Ownit mastermind is the ultimate emerging technology mastermind is coming to Miami. This is where policy meets technology.

Ownit mastermind will bring together the top lawmakers from the United States, Latin America, the Middle East, Europe, and Asia, along with leading companies in the AI and digital security space, industry professionals, VCs, family offices, private equity and sovereign wealth from around the world. Attending notable speakers include top officials from the US government, El Salvador government, Mexico government, NEOM, Aramco, Halliburton, BlackRock, Morgan Stanley, Google, Facebook, and many more.

Expect to meet the next AI unicorn, the companies acquiring big government contracts, the investors placing big bets, celebrities, and world-class entertainment.  

VIP event date: October 9th, 2024

Main event date: October 10th, 2024

We'd love to have you join us. For more details, please visit: 

Tickets to the event are on sale now:

Or

AI pass: $1,499 (October 10th main event)

Use code:  60OFF for 60% discount

VIP pass: $2,999 (October 9th VIP event + October 10th main event) (limited tickets available)

Use code: 15OFF for 15% discount

VIP premium: $6,999 (all events + 5 guaranteed 1 on 1 meetings for 15 min each, with any attendee, including all speakers and investors) (only 20 spots available)

For any questions or to get more information. Feel free to ask.

Event manager: Anton Glotser

Phone: (305) 735-9550

Event manager: Paul Bronstein

Phone: (305) 609-4058

We know not everyone likes to read so articles will be in video and print format. Enjoy.

Ether ETFs Hit $1 Billion on Day 1!

Spot Ether ETFs Hit $1 Billion in Trading Volume on First Day

On July 23, 2024, the introduction of spot Ether (ETH) exchange-traded funds (ETFs) in the market saw a remarkable first day, achieving a trading volume of $1 billion. This milestone underscores the strong investor interest and demand for cryptocurrency-based investment products. The launch of these ETFs represents a significant development in the digital asset market, providing investors with a new way to gain exposure to Ethereum. This surge in trading activity highlights the growing acceptance and integration of cryptocurrencies within traditional financial markets.

AI News for June 2024 Summarized

AI News June 2024

This month, the AI industry has seen a flurry of exciting developments, partnerships, and announcements. Here are some of the key highlights:

OpenAI and TIME Partner

OpenAI has partnered with TIME to integrate TIME's 101-year journalism archive into AI tools like ChatGPT, enhancing content accuracy and access to credible news.

Apple Abandons Meta AI Plans

Apple has abandoned plans to integrate Meta's AI models, a move that may impact the development of AI-powered features in Apple devices.

OpenAI Blocks Access in China

OpenAI has blocked access to its services in China, creating opportunities for local giants like Alibaba and Baidu to expand their AI offerings.

ByteDance and Broadcom Collaborate

ByteDance has collaborated with Broadcom on advanced AI chips, amidst U.S.-China tensions.

OpenAI Acquires Multi

OpenAI has acquired Multi to enhance remote collaboration capabilities.

Music Industry Sues AI Firms

Music industry giants Universal, Sony, and Warner are suing AI firms Udio and Suno for alleged copyright violations.

Anthropic Launches Claude 3.5 Sonnet

Anthropic has launched Claude 3.5 Sonnet, a new AI model designed for generating creative content.

OpenAI Acquires Rockset

OpenAI has acquired Rockset to enhance its AI data infrastructure.

Dell and Nvidia Build AI Factory

Dell and Nvidia have built an AI factory for Musk's xAI, a new AI-powered platform.

Nvidia Surpasses Microsoft

Nvidia has surpassed Microsoft as the world's most valuable public company.

Runway Introduces Gen-3 Alpha

Runway has introduced Gen-3 Alpha, a new AI model designed for generating creative content.

AI Drive-Thru Fails

An AI-powered drive-thru at McDonald's has failed to deliver, highlighting the challenges of implementing AI in everyday applications.

OpenAI May Become For-Profit

Sam Altman has revealed that OpenAI may become a for-profit benefit corporation, moving away from its nonprofit board control.

Pope Francis Calls for Ethical AI

Pope Francis has called for ethical AI development and regulations to prevent misuse, highlighting the importance of responsible AI development.

Mistral AI Raises $644M

Mistral AI has raised 644M, boosting its valuation to 6.2B.

Apple's Stock Surges

Apple's stock has surged to a record high following the announcement of its new AI platform.

Elon Musk Drops Lawsuit

Elon Musk has dropped his lawsuit against OpenAI and its CEO Sam Altman.

Apple Introduces AI Updates

Apple has introduced significant updates at WWDC 2024, focusing on AI integration with "Apple Intelligence".

OpenAI Develops Concept Extraction

OpenAI has developed techniques to extract concepts from GPT-4's neural networks.

Computex Tech Conference

NVIDIA, AMD, and Intel have made announcements at the Computex Tech Conference, highlighting the latest developments in AI and technology.

Apple and OpenAI Partner

Apple is teaming up with OpenAI to integrate the ChatGPT chatbot into the iPhone's operating system.

Thank you for reading.