5 AI Developments You Should Know About: AI-enabled Crypto Wallet, Deloitte Launches AI Chatbot, and More
The US is set to tighten regulations on exporting AI chips to China, following previous restrictions put in place last October. Additionally, Bloomberg Tax & Accounting has introduced its AI Lab, providing AI-powered tools such as an LLM combined with Bloomberg Tax Research for question-and-answer services. Deloitte has also internally introduced an AI chatbot to aid professionals with responses and insights.
All this and more in today’s AI review.
1. The US closes loopholes and curbs exports of artificial intelligence chips to China
The United States is trying to close loopholes that circumvent government restrictions and allow American chipmakers to export artificial intelligence chips to China, Reuters reported on Monday. “The new rules will block some AI chips that fall just below current technical parameters, while demanding companies will report shipments of others,” Reuters quoted the unnamed official as saying. The crackdown is the latest line since the United States introduced a long list of rules to curb exports of artificial intelligence chips last October.
2. Infosys opens a new learning center
Infosys, one of India’s leading IT companies, has opened a new Development Center (DC) in Visakhapatnam, enabling employees to work close to home in a hybrid work environment. According to an ANI report, this new center would allow the company to hire and develop local talent, allowing them to work on leading technologies like artificial intelligence, cloud and others.
3. Rasper.ai introduces a crypto wallet integrated with artificial intelligence
Rasper.ai announced the world’s first AI-integrated crypto wallet in a move that could be a major development in digital finance and blockchain technology. Dubbed the Rasper Wallet, it uses a non-custodial model that allows users to remain the owners of their private keys, according to a press release. Users can leverage an AI-powered analytics dashboard to access the Rasper wallet, which includes actionable insights, real-time monitoring, and predictive trends.
4. Bloomberg Tax & Accounting announces AI Lab
Bloomberg Tax & Accounting on Monday announced an AI Lab platform that will allow users to test new AI-based tools, starting with an enhanced search experience with AI functionality. According to the publication, one of the premiere tools is LLM, which has been connected to Bloomberg Tax Research to provide a question and answer service. It provides an AI generated summary answer along with quotes.
5. Deloitte deploys an AI chatbot
British multinational company Deloitte announced on Monday that it will introduce an internal artificial intelligence chatbot. According to the release, the AI chatbot, called DARTbot, is powered by generative artificial intelligence and can assist Deloitte’s 18,000 US audit and assurance professionals by generating responses and providing insights during daily tasks. To maintain a secure environment, the AI chatbot has robust security measures that utilize state-of-the-art encryption protocols and access control.
