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FameEX Morning Crypto News Recap | September 26, 2023

2023-09-26 12:15:35

Anticipated U.S. Government Shutdown Raises Concerns About Crypto Legislation Delays

In the coming week, the U.S. government's operations are at risk of grinding to a halt due to internal party tensions surrounding House Speaker Kevin McCarthy's management of spending proposals. This political turbulence raises concerns about the fate of pending cryptocurrency-related legislation awaiting approval in Congress. Delays in the legislative process could disrupt the cryptocurrency industry's regulatory trajectory, adding a layer of uncertainty to its future prospects.


Enhanced Capabilities of ChatGPT: Speech, Auditory, and Image Recognition

OpenAI's latest release, GPT-4V, is an AI model with vision capabilities, and ChatGPT now supports multimodal conversations. Announced on September 25th, this update allows users to engage ChatGPT in spoken conversations. GPT-3.5 and GPT-4 can now understand spoken queries and respond using five different voices, enriching the chatbot's versatility.


Amazon's $4 Billion Investment Boosts Anthropic AI Startup

Amazon has announced a substantial $4 billion investment in partnership with AI startup Anthropic, with the aim of advancing high-performance foundational AI models. Anthropic revealed this collaboration on X (formerly Twitter) and emphasized the inclusion of access to Amazon Web Services Trainium and Inferentia chips. This partnership is set to significantly augment Anthropic's capabilities in AI research and development.


Digital Yuan App Enhances Services by Introducing Prepaid Mastercard and Visa Top-Up Choices for Tourists

China's central bank digital currency (CBDC) pilot is expanding its services for tourists. Travelers to the People's Republic of China can now preload their digital yuan wallets using Visa and Mastercard payments. This enhancement enhances convenience for international visitors, enabling them to easily access and utilize the digital yuan within China's evolving digital currency ecosystem.


China's New AI Chip Factory Amidst Intensifying Global Semiconductor Competition

China is planning to set up AI chip factories equipped with particle accelerators to bolster its standing in the global semiconductor industry. These accelerators will facilitate the development of a unique laser source by transforming the electron beam into a high-quality light source, enabling in-house production of AI semiconductor chips, according to the South China Morning Post (SCMP).


Miss Universe Distances Herself from Recently Revealed Coin Project

The Miss Universe Organization has officially severed ties with the Miss Universe Coin project, introduced during the Philippine Blockchain Week event. The Philippine Blockchain Week organizers have assured ongoing communication with all stakeholders and are preparing to release additional information soon, shedding light on the unfolding situation surrounding this project.


Disclaimer: The information provided in this section is for informational purposes only, doesn't represent any investment advice or FameEX's official view.​


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