Sam Altman - OpenAI CEO - on June 9th met the South Korean President. 

Sam Altman wants to involve South Korea on the realization of the chips needed for artificial intelligence (AI) tech. 

Altman also expressed his interest on Korean startups and collaborations with chipmakers like Samsung.

“We are actively exploring avenues to increase our investment in Korean startups.“

The OpenAI CEO affirmed that AI rests on transferring Big Data and this implies an increase in demand in the chip market. Altman said that OpenAI is currently buying memory chips directly from Taiwan but will soon need reinforcements from Korea.

SOURCE: CoinTelegraph 

READ ABOUT APPLE LAUNCHES APPLE VISION PRO… 

Apple CEO Tim Cook announced a new product: Apple Vision Pro.

The new device had been predicting since 2015 and its price is $3,499.

The final “Pro” part in the name indicates that the product use is better for experts.

Ergonomics

Apple Vision Pro comes from a perfect combination of glass and aluminum. 

The unmistakable Apple design provides that Apple Vision Pro has an ergonomic headband able to adapt to any shape of the head. In fact, hundreds of anthropocentric studies have been carried out for the perfect realization and success of the headband.

The headband’s role is also to function as custom sound system thanks to two micro speakers connected inside. 

Authentication and safety 

Apple adopted - for the first time - the Optic ID system. It consists on a new authentication system able to unlock the device only after recognizing the iris of the owner. 

Two cameras send invisible lights towards the eye and compare the recent image withe the archived one: than, Secure Enclave unlock the process and Apple Vision Pro is ready to use.

Vision Pro is entirely controlled by the eyes. 

Users can also use their voice to give commands.

A digital washer like the Apple Watch ones allows users to switch from the surrounding environment to a full digital representation.

Display 

The new Apple device has two catadioptric lens that giving to users the impression of looking at a 100-inch screen with 180-degree vision.

Apple collaborates with Zeiss in order to produce customized lens for people who have visual defects.

Apple Vision Pro allows to see the surrounded environment in a mix of reality and graphic elements .

3D Cam

The advanced product introduced a new 3D cam allows users to shoot 3dimensional and immersive images.

SOURCE: VENTURE BEAT

READ ABOUT UAE: NEW RULES ARE COMING TO FIGHT MONEY LAUNDERING…  .

UAE decided to fight money laundering introducing new rules. 

On May 31, the Central Bank of the United Arab Emirates (CBUAE) published a 44 pages document  for LFIs which describes in detail how users have to fight money laundering and terrorism for banking institutions. 

“LFIs” are all the non-crypto financial institutions that are connected to virtual asset providers.

LFIs are for example banks, finance companies, payment service provides…

UAE established that LFIs have to submit a request to the central bank if they want to collaborate with any VASPs. Without license, every collaboration is forbidden.

SOURCE: COINTELEGRAPH

READ ABOUT USA: DESANTIS HIGHLIGHTS BITCOIN…

DeSantis, the new Republican candidate, has promised to defend Bitcoin during his election campaign. 

DeSantis announced his application for the USA presidency during a Twitter Space event in which were also Elon Musk.

During the Twitter Space, the most relevant topic was Bitcoin.

DeSantis has declared “I think people should be able to use Bitcoin. As president, I will try to protect the ability to exploit those technologies”.

The candidate also promised that he will oppose any kind of ban to defend the cryptocurrency world.

Crypto are the future of USA.

SOURCE: The Crypto Gateway

READ ABOUT FBI: ATTENTION TO FAKE CRYPTO JOB ADV…

FBI urged citizens to pay attention to some crypto job advertisements.

FBI via Twitter, advised who lives in USA or abroad to be careful with any job advertisement due to a new crypto scam.

Scam consists of a different types of job proposals (like call center customer service or beauty salon technicians) in foreign countries.

Users that arrive in a country for a specific job, are coerced into committing cryptocurrency investments scheme. 

Below you can read FBI’s tweet:

The #FBI warns of false job advertisements linked to labor trafficking at Southeast Asia-based scam compounds...Learn more: http://ow.ly/3Ujv50OtwAN

SOURCE: Twitter 

READ ABOUT CARNEGIE MELLON UNIVERSITY: NEW AI INSTITUTE…

Carnegie Mellon University is a famous university in Pittsburgh, Pennsylvania.

It received $20M to invest in a new Artificial Intelligence (AI) institute. 

The Carnegie Mellon University will encourage the upgrade of AI tools to help researchers to take decisions in social situations - like natural disasters. 

 Aarti Singh will be the AI institute director. She said that AI will play a crucial role in helping decision makers. 

Carnegie Mellon University will contribute to create a community in which both public health official and emergency managers will collaborate each others. 

SOURCE: CoinTelegraph

READ ABOUT APPLE: STOP CHATGPT FOR EMPLOYEES…

Apple has banned its employees from using ChatGPT- a famous tool based on artificial intelligence (AI).

The reason why is linked with a new AI technology that Apple is going to test.

An internal document signed by Apple CEO, reports that, using ChatGPT, many informations could be take by OpenAI.

The document also prohibits the usage of GitHub’s AI - a Microsoft owned tool - and other similars. 

Like Apple did, on May 2nd, also Samsung limit the use of AI tools by its employees.

SOURCE: CoinTelegraph

READ ABOUT RIPPLE ACQUIRES METACO…

Ripple is a company that build breakthrough solutions - thanks to blockchain technology - for a world without economic borders.

Metaco is a Swiss enterprise technology company that has software and technology solutions able to store, trade and manage any types of digital assets with a high level of security and agility.

On May 17, Ripple gave notice of its acquisition of Metaco which was sold for $250M.

Thanks to the investment, Ripple can continue to expand its business.

"Metaco will dramatically accelerate its growth trajectory through access to Ripple's established base of hundreds of customers, capital to address new demand, and resources to continue delivering on its commitment to banking and institutional clients.”

SOURCE: CoinTelegraph 

READ ALSO BANK OF KOREA: WHO HAS TO SUPERVISE CRYPTO?

Bank of Korea and the Financial Services Commission are contending the cryptocurrency industry: who has to superintend it?

Bank of Korea in fact is ready to prepare regulations for digital assets which comprehend also crypto trading.

The Financial Services Commission, on the other hand, want to regulate itself local crypto markets and industry despite the South Korea’s bank pretend to be the only government. 

On 25th April, during a conference, FSC vice president said that Central Bank’s right couldn’t include cryptocurrencies because of their infrequent use in payments.

Now, maybe FSC agreed with the Bank of Korea’s request but it wants to accelerate the process for the creations a legal framework for crypto. 

There’s a big possibility to re-opening this controversial state. 

SOURCE: Forkast 

READ ABOUT TEXAS: YES TO ENCRYPTION…

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