ChainCatcher news, according to Protos, a 25-year-old Japanese man has been sentenced to three years in prison for using generative AI to create ransomware.The man bypassed the AI's security parameters by continuously adjusting the prompts, writing code that could lock encrypted device data and demand cryptocurrency ransom. He admitted upon arrest, "I wanted to make money through ransomware."This ruling is Japan's first case of imprisonment for the abuse of generative AI, with the judge ultimately suspending the sentence for four years, as the man expressed remorse and did not use the ransomware code.

ChainCatcher news, according to Cointelegraph, IBM recently launched a brand new "lightweight engine" WatsonX.ai service, primarily aimed at enterprise customers. This lightweight engine is seen as a potential breakthrough for small and medium-sized enterprises in emerging industries like fintech to adopt generative AI. Unlike similar cloud services offered by companies like Microsoft and Google, IBM's solution supports on-premises deployment, better meeting the financial industry's requirements for data security and compliance.JPMorgan Chase recently purchased enterprise-level access to ChatGPT, providing service for all 60,000 of its employees. IBM executives stated that as companies need to deploy generative AI applications internally, they are looking for a platform that occupies fewer resources and is more lightweight. IBM's "lightweight engine" was created for this purpose, enabling software developers and enterprise developers to effectively deploy and run generative AI solutions while optimizing costs.

ChainCatcher news, decentralized GPU cloud infrastructure Aethir has partnered with generative AI application platform company TensorOpera. TensorOpera will accelerate the deployment, fine-tuning, and full training of its latest open-source language model TensorOpera Fox-1 by integrating Aethir's enterprise-grade GPU resource pool. This is Aethir's first case of large-scale LLM training on a distributed physical infrastructure network.

ChainCatcher news, the asset tokenization platform TokenFi announced on platform X that it will launch later this year:TokenFi RWA tokenization module;TokenFi AI smart contract auditor;TokenFi generative artificial intelligence;TokenFi Connect.

ChainCatcher news, an online survey released by the Reuters Institute for the Study of Journalism, shows that ChatGPT is currently the most widely used generative AI tool; however, the overall frequency of use of generative AI tools remains relatively low. Researchers surveyed over 10,000 people across six countries: the UK, the US, Argentina, Denmark, France, and Japan.The results indicate that ChatGPT is the most recognized generative AI tool to date—approximately 50% of internet users in the six countries mentioned have heard of it. It is also the most widely used generative AI tool among the six countries. Nevertheless, the survey reveals that the frequency of use of ChatGPT is still very low, with only 1% of people in Japan using it daily, 2% in France and the UK, and 7% in the US.

ChainCatcher news, according to Decrypt, generative AI startup Together has raised $102.5 million in Series A funding, led by American venture capital firm Kleiner Perkins, with participation from NVIDIA and Emergence Capital. Other participants in the Series A investment include NEA, Prosperity 7, Greycroft, 137 Ventures, Lux Capital, Definition Capital, and Long Journey Ventures.It is reported that the funds will be used to improve its AI application cloud platform, invest in R&D, contribute to open-source AI, and enhance its infrastructure. Based in San Francisco, Together was founded in June 2022 and develops open-source AI cloud software. The team consists of veterans from Apple, ETH Zurich, and scholars from Stanford University, UC Berkeley, and MIT.ChainCatcher previously reported that AI development company Together announced the completion of a $20 million seed round, led by Lux Capital, with participation from Long Journey Ventures, Robot Ventures, as well as PayPal co-founder Scott Banister, OpenSea co-founder Alex Atallah, and Uniswap COO MC Lader. The funds raised will be used to build an open-source AI and cloud platform.It is reported that Together has established partnerships with decentralized infrastructure providers, open-source communities, and academic and corporate research labs, and has already released several AI projects, including GPT-JT, OpenChatKit, and RedPajama. Its goal is to help create open models that go beyond closed models, with open-source as the default way to integrate AI. Through research on distributed optimization, a dedicated cloud platform has been built for large models, which can effectively scale training and inference, with plans to open access to the platform in the coming months.

ChainCatcher news, according to Techcrunch, generative AI company AI21 Labs has raised an additional $53 million in Series C funding, with new investors including Intel Capital and Comcast Ventures. At the end of August, AI21 Labs announced it had raised $155 million in Series C funding, bringing the total Series C funding to $208 million and the total funding amount to $336 million, with a valuation remaining at $1.4 billion. The new funds will be used for product development and increasing the workforce, including hiring employees who may leave OpenAI.It is reported that AI21's flagship product is AI21 Studio, a pay-as-you-go developer platform for building text-based custom business applications using AI21's proprietary text generation AI models. The startup also sells Wordtune, a multilingual reading and writing AI assistant similar to Grammarly.

ChainCatcher news, the generative AI-based music creative asset development company CreateSAFE announced the completion of a $4.6 million seed round financing, led by cryptocurrency and blockchain investment firm Polychain Capital, with participation from Crush Ventures, MoonPay, Chaac Ventures, Unified Music Group, and a number of executives from the music industry.It is reported that the generative AI platform "TRINITI" developed by CreateSafe can generate all creative assets required for artist activities and manage music IP using voice, sound, text, and image inputs, aiming to become a bridge connecting the fields of music and UGC.

ChainCatcher news, Bitcoin mining company Iris Energy announced it has spent $10 million to purchase NVIDIA H100 GPUs, which are expected to be delivered in the coming months.Iris Energy stated that the company's next-generation data centers are now targeting the generative artificial intelligence market, while its core business remains Bitcoin mining.

ChainCatcher news, the Ministry of Industry and Information Technology, the Ministry of Science and Technology, the National Energy Administration, and the National Standardization Administration issued a notice on the release of the "Implementation Plan for the New Industry Standardization Navigation Project (2023-2035)." The "Implementation Plan" mainly focuses on the standardization work of emerging industries and future industries, forming a new industrial standardization key area of "8+9."Among them, emerging industries focus on eight major fields: new generation information technology, new energy, new materials, high-end equipment, new energy vehicles, green environmental protection, civil aviation, and ship and marine engineering equipment; future industries focus on nine major fields: metaverse, brain-computer interfaces, quantum information, humanoid robots, generative artificial intelligence, biomanufacturing, future displays, future networks, and new energy storage.

ChainCatcher news, Delysium announced a strategic investment from Polygon, while releasing an interoperable AI-Powered OpenWorld Framework. Delysium will build a virtual society where 1 billion people and 10 billion AI avatars coexist, leveraging generative AI around a multi-chain ecosystem.According to RootData, Delysium has previously completed two rounds of financing, raising a total of $14 million, with leading investors including Anthos Capital, Galaxy Interactive, Republic Crypto, and Alameda Research. Delysium is a player-controlled massive multiplayer online game that allows players to create various customized physical assets, narrative assets, and local AI metaverse worlds. (Source link)

ChainCatcher news, the CEO of the Hong Kong Securities and Futures Commission (SFC), Ashley Alder, stated in a speech at the annual meeting of the Hong Kong Investment Funds Association that, "The SFC is committed to driving growth. We understand that investment products in the market need to innovate to keep pace with the times and meet the ever-changing demands of investors. We are currently focusing on three main areas: Environmental, Social, and Governance (ESG), virtual assets, and RMB-denominated products."Regarding the work related to virtual asset products, Alder mentioned, "The demand for these products has been rising in recent years, and we have introduced measures to encourage responsible technological innovation and support the fintech industry. We have recognized the first batch of virtual asset futures ETFs, which primarily invest in virtual asset futures traded on the Chicago Mercantile Exchange, including the world's first Ethereum futures ETF and Asia's first Bitcoin futures ETF. Two weeks ago, we released guidelines for licensed virtual asset trading platform operators. Similar to the virtual asset futures ETFs, we have implemented several measures to protect investor interests, such as specifying requirements for the inclusion criteria of tokens available for retail investors to trade."Additionally, although Alder pointed out that the investment environment remains challenging, she stated, "We do not forget that there are opportunities in crises. The 'opportunities' include the reopening of the Chinese economy, digital transformation, the third generation of the internet (Web3), and generative artificial intelligence (generative AI), all of which are significant opportunities for driving innovation and sustainable investment." (source link)

ChainCatcher news, according to Kyodo News, the G7 Digital and Technology Ministers' Meeting opened on the 29th in Takasaki City, Gunma Prefecture, Japan. In light of the rapid expansion of generative AI used for writing and painting, the meeting will discuss the establishment of rules for the development and use of AI. Additionally, there will be discussions on support in the digital field for Ukraine. A joint statement will be summarized on the 30th.Regarding generative AI such as "ChatGPT," there is a strong sense of vigilance about information leaks and copyright infringement, as AI needs to learn from a vast amount of data. However, Japan believes that the development and use of AI may lag behind other countries, thus being more cautious in regulatory measures compared to Europe and the United States. How the G7 countries demonstrate a coordinated stance is of great concern.The officials from the host country Japan include Digital Minister Taro Kono, Minister for Internal Affairs and Communications Takamune Matsumoto, and Minister of Economy, Trade and Industry Yasutoshi Nishimura. Kono stated in his speech, "While AI brings benefits, it also presents challenges. I hope the G7 can unite to promote human-centered digital transformation." Ukraine, along with the G20 chair country India and ASEAN chair country Indonesia, has also been invited to attend the meeting.According to reports, the agenda also includes how to concretely realize the concept of "Trusted Data Free Flow with Trust" (DFFT) to drive economic growth through expanded international data flow. This concept was proposed by Japan in 2019, aiming to reach a consensus on the establishment of an international framework. (source link)

ChainCatcher news, Hitachi (Hitachi.Ltd) announced that its global venture capital arm Hitachi Ventures (HV) has established its third fund to accelerate innovation in the digital domain. The initial size of the fund is $300 million, which is double the size of the previously established first and second funds, and it aims to strategically invest in startups in the fields of Web3 and generative AI.Hitachi Ventures launched its first fund in June 2019 and its second fund in October 2021. The newly launched third fund will also focus on startups with cutting-edge technologies and service models such as artificial intelligence, blockchain, cloud computing, and 5G. (source link)