Search Results for: Tencent

“Tencent, the operator of WeChat and WeChat Pay, is teaming up with the People’s Bank of China to promote the use of the digital yuan via Project mBridge. While this challenges the dominance of WeChat Pay and Alipay, the digital yuan is anticipated to complement rather than compete with these platforms. This venture signifies a technological revolution in payment systems, though its uncertainties remain to be explored.”

“Tencent has introduced its ‘Hunyuan’ AI system, a multimodal large language model similar to OpenAI’s ChatGPT. The system supports functions like image creation, text recognition, and customer service, and can contribute to sectors such as finance, social media, and e-commerce.”

“Tencent’s new large language model, Hunyuan, features over 2 trillion training parameters, promising more efficient data processing. However, questions about data-handling accuracy persist. Meanwhile, South Korea witnesses an $83 million crypto scam, underscoring the need for greater transparency and accountability in the cryptosphere.”

“The US aims to control investments in semiconductors, quantum computing, and AI technologies, leading to global effects. The friction is impacting global trade, with criticism of potential divergence from market principles. In response, China controls export of AI chip-making materials, while other countries contemplate the implications.”

Worldcoin, a cryptocurrency backed by OpenAI’s CEO Sam Altman, is powered by iris biometric features to ensure unique individuals via its “World ID” digital identity. Addressing privacy concerns, it aims to provide a secure, decentralized ID option in the AI-centric world, potentially redefining the global economy.

MultiversX and Opera’s collaboration aims to provide seamless integration of the growing MultiversX ecosystem within the browser interface, offering accessible entry into the Web3 landscape. Users can explore the decentralized internet, transact using native tokens, connect to NFTs, and access decentralized applications, simplifying Web3 access in a familiar way.

Everledger, an Australian blockchain company focusing on tracking the provenance of diamonds and goods, faces financial trouble after failing to secure new funding. Placed into voluntary administration, the firm’s insolvency persists despite backing from major investors like Tencent.