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Tools for Humanity has raised $115 million in series C funding for projects including an alternative to the CAPTCHA test and the Worldcoin project. The company aims to create efficient bot detection methods while addressing concerns over privacy in their “Proof of Personhood” retina scan verification process.

Apple and Samsung join other organizations like JPMorgan Chase and Amazon in restricting employee use of AI platforms such as OpenAI’s ChatGPT due to concerns over potential leaks of confidential information. OpenAI is responding to these concerns by improving ChatGPT’s privacy controls and encouraging federal regulation.

This week’s blockchain news covers Axie Infinity’s App Store launch and a fluctuating NFT trading volume, highlighting the triumphs and challenges in this growing ecosystem. As crypto projects make headlines, staying informed on developments is essential for enthusiasts, traders, and investors.

LinkedIn is incorporating AI into its operations to help recruiters and learners, despite skepticism about loss of human touch in such processes. Advocates argue that AI provides time-saving benefits and tailors content, with 74% LinkedIn users noting time savings after the introduction of AI-assisted messages when recruiting. The ongoing debate about AI’s pros and cons continues, but its growing incorporation into various industries is undeniable.

Meta’s CEO, Mark Zuckerberg, highlighted the crucial role of AI in the development of the metaverse during a recent interview. By leveraging technology that integrates VR/AR and AI, Zuckerberg aims to establish Meta’s dominance in the 3D immersive metaverse. Despite financial setbacks, he remains committed to the metaverse vision, betting on Llama 2’s technology integration with Meta AI as their unique competitive edge.

AlphaSense, an AI platform focused on business intelligence and search, has raised its valuation from $1.7 billion to $2.5 billion. The firm offers insights-as-a-service, delivering perceptive business and finance analytics, with its tailored approach promising more specific insights in the crypto and blockchain world. Despite the high-risk, high reward nature of the AI sector, AlphaSense plans to strategically position itself in the B2B generative AI sector.

“EY has invested $1.4 billion in AI technologies, targeting the development and launch of the EY.ai platform to aid organizations in adopting AI. The architecture is rooted in EY’s large language model, and gains extra potential through a partnership with Microsoft. The investment is also geared towards integrating AI into existing EY services.”

Google’s recent policy update mandates disclosure of AI-generated content in political ads, aiming to increase transparency and ethics in AI. The policy will apply to image, audio, and video content from mid-November 2023 onwards. However, this doesn’t solve all AI ethics issues, especially given the rise of Deepfakes.

“Baidu, China’s tech powerhouse, has released over 70 AI models with over 1 billion parameters each. Recent models show up to a 50% improvement in efficiency. However, the rapid expansion of AI technology raises concerns about misuse and privacy.”

“The tech giant Naver Corp has launched CLOVA X, a state-of-the-art generative AI chatbot for Korean-language users. Built using supercomputing, data analysis capabilities and expertise in Korean language, CLOVA X hold conversations, summarize texts and generate stories, comparable to globally acclaimed AI systems.”

“In the global transition from general-purpose computing to AI, several AI-related cryptocurrencies have significantly uplifted, driven by tech giant Nvidia’s exceeded Q2 earnings predictions. Worldwide companies are racing to adopt generative AI, indirectly boosting AI-related cryptos. However, despite potential, the volatile crypto market necessitates investor caution and understanding.”

“Artificial Intelligence, like OpenAI’s GPT-4, presents potential for streamlined content moderation, offering faster turnover times and improved consistency. However, challenges like prediction accuracy, understanding complex human dynamics, and privacy considerations need addressing for successful AI integration in our digital society.”

“Aptos Labs, a layer 1 blockchain initiated by ex-Facebook employees, plans to utilize Microsoft’s Artificial Intelligence to enhance its utilities, including the launch of an AI chatbot, Aptos Assistant. This move aims to democratize blockchain usage in the evolving Web3 world.”

Worldcoin, an innovative platform created by Sam Altman, promises to make cryptographic currencies more dispersed than Bitcoin. Boasting a unique identity protocol using iris scans and AI, it aims to onboard billions of users into crypto markets. However, concerns about privacy, tokenomics, and regulatory challenges have arisen, prompting questions about the future of such revolutionary blockchain projects.

The Worldcoin project, co-founded by OpenAI’s Sam Altman, uses a hardware unit called the Orb for identity verification by iris scanning. Despite initial success, criticism has piled up around privacy, centralization, security concerns, and questionable marketing strategies. Ethereum co-founder, Vitalik Buterin and crypto influencer ZachXBT have voiced concerns about potential misuse and exploitation.