Apple relied on chips designed by Google rather than industry leader Nvidia to build two key components of its Artificial Intelligence (AI) software infrastructure for its forthcoming suite of AI tools and features, an Apple research paper published on Monday, July 29 showed. Apple’s decision to rely on Google’s cloud infrastructure is notable because Nvidia … Read more
The government reportedly plans to release a discussion paper before September, outlining its stance on crypto-related policies in the country, and crypto stakeholders — including the Bharat Web3 Association (BWA) — have already expressed their readiness to take part in the process. The paper is expected to pave the way for regulation of cryptocurrencies in … Read more
RBI Governor Sanjay Malhotra stated that the upcoming discussion paper on crypto, being developed under the Finance Ministry’s oversight, will provide clarity on the future of virtual assets in the country. Speaking to Gadgets 360, members of India’s Web3 community highlighted that while other nations are embracing crypto, India’s prolonged indecision is hindering its progress … Read more
The Bank of Canada took a significant step in exploring the technical feasibility of a digital Canadian dollar, proposing a specific system designed for a retail central bank digital currency (CBDC) focused on simple, everyday payments, according to a new research paper. The central bank’s research team examined OpenCBDC 2PC, a model developed in collaboration … Read more