ElevenLabs Launches AI-Generated Sound Effects for Content Creators

ElevenLabs introduces AI-generated sound effects, enhancing content creation with rich, immersive audio. (Read More)

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Tech Industry Leaders Call for AI Labs to Pause Development for Safety, Coinbase CEO Disagrees

This week, 2,600 tech industry moguls and entrepreneurs, including Elon Musk, Gary Marcus, and Steve Wozniak, signed an open letter requesting artificial intelligence (AI) labs to pause research and development for six months. The signatories believe that safety programs and regulations need to be strengthened, as they assert that AI labs are currently in an [...]

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Moody’s Warns of Potential Financial Disruption Spillover Beyond US Banking Sector

Roughly ten days ago, the credit agency Moody’s Investors Service downgraded the U.S. banking sector from “stable” to “negative.” In a recent update on Thursday, the company stated that there is still a risk to the U.S. economy. The managing director of credit strategy at Moody’s explained that the country “will be unable to curtail [...]

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The Bob Ross Approach To Investing In Crypto

It’s tough out there right now. Crypto is in a real “s**t or get off the pot moment.” After hovering above 40k for a good chunk of 2022, Bitcoin has found itself in a tailspin. It’s now trading at an area of critical support (34K). When considering what to do next, charts make for a […]

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Disney Wins Patent for Metaverse Theme Park Equipped With VR, AR Effects

Disney has earned the patent for creating real-time simulations with VR and AR. The technology will bring both physical and digital assets, and project 3D effects onto any physical spaces in the park. Disney is optimistic that the technology will showcase a clear implementation of metaverse to the physical world. Multinational entertainment company Disney has […]

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Industry has a long way to go in addressing Web3 questions

Economist Paolo Tasca urges the crypto community to ask critical questions and engage in academic discussions to better understand emerging technologies in Web3.

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Fed Chair Warns of ‘Uncertain and Adverse’ Consequences of US Debt Default — ‘We’d Be in Uncharted Territory’

Federal Reserve Chairman Jerome Powell has warned of “highly uncertain and adverse” economic consequences if the U.S. defaults on its debt obligations. “No one should assume that the Fed can protect the economy from the potential short and long-term effects of a failure to pay our bills on time,” he further cautioned. Fed Chair Jerome [...]

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US Debt Ceiling Dramas Diminish Dollar’s Credibility and Reputation as Safety Asset, Warns Devere CEO

The CEO of investment management firm Devere Group has warned that the U.S. debt ceiling dramas have weakened the U.S. dollar’s “global reserve currency’s credibility and reputation as a ‘safety asset.’” He cautioned that Congress’ debt ceiling deal “does not solve the underlying political challenges facing the U.S. and its economy.” ‘Using the Country’s Debt [...]

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