New AI fund in China to pour US$8 billion into early-stage projects

China has disclosed details on a state fund of 60 billion yuan (8.2 billion US dollars) targeting early stadium investments Artificial Intelligence (AI) Projects, stressing Beijing’s commitment to advance the industry through state -led investments. Zhang Jianhua, an official of the Ministry of Industry and Information Technologies supervising the Fund, said at a conference in…

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Wood Cathie says that managers sensitive to the index will be forced to consider the crypto exchange platform joins the S&P 500 – Grayscale Bitcoin Mini Trust (BTC) Common units of beneficial unit Undivide (ARCA: BTC)

Invested ark CEO Wood Cathie applauding Coinbase Global Inc. COIN On its inclusion in the S&P 500 index, marking the first cryptocurrency company to reach this stage. What happened: Wood responded to CEO Coinbase Brian ArmstrongThe announcement of congratulations and society for X, calling for “well -deserved” recognition. She noted that if active managers like…

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Generative AI adoption trends around the world

Adoption of artificial intelligence is on the rise globally, but new data shows that some countries are significantly outperforming others, while the gap between advanced and developing countries has widened. The UAE and Singapore stand out, with more than 60% of the population in both countries using some type of generative AI tool in the…

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