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FameEX Morning Crypto News Recap | September 26, 2023

2023-09-26 12:20:01

Potential Delay in Crypto Legislation Amidst Anticipation of U.S. Government Shutdown

The U.S. government may face a shutdown in the next week due to internal party pressure on House Speaker Kevin McCarthy's handling of spending plans. This political uncertainty could have detrimental consequences for the progress of crypto-related bills awaiting a vote in Congress, potentially leading to delays and impacting the cryptocurrency industry's regulatory landscape.


ChatGPT's New Abilities: Speech, Listening, and Image Recognition

OpenAI has introduced GPT-4V, a vision-enabled AI model, and added multimodal conversational capabilities to ChatGPT. This update, announced on September 25th, enables users to interact with ChatGPT through conversations. Both GPT-3.5 and GPT-4 models now comprehend spoken queries and offer responses in five distinct voices, enhancing the versatility of the chatbot.


Amazon Pours $4 Billion into Anthropic AI Startup

Amazon has unveiled a $4 billion investment partnership with AI startup Anthropic to support the advancement of high-performance foundational AI models. Anthropic shared the news on X (formerly Twitter) and highlighted that this collaboration grants them access to Amazon Web Services Trainium and Inferentia chips, enhancing their capabilities in AI research and development.


Digital Yuan App Expands Features with Prepaid Mastercard and Visa Top-Up Options for Tourists

As part of ongoing updates to its central bank digital currency (CBDC) pilot, China now allows tourists to preload their digital yuan wallets with Visa and Mastercard payments. This development facilitates the use of the digital yuan for international visitors planning to travel to the People's Republic of China, offering greater convenience and access to the nation's digital currency ecosystem.


China Plans AI Chip Factory Amid Escalating Global Semiconductor Competition

China aims to establish AI chip factories with particle accelerators to strengthen its position in the global semiconductor sector. These accelerators will enable the creation of a novel laser source, with the electron beam converted into a high-quality light source for in-house production of AI semiconductor chips, as reported by the South China Morning Post (SCMP).


Miss Universe Disassociates from Newly Revealed Coin Project

The Miss Universe Organization has disavowed any connection to the Miss Universe Coin project, which was revealed at the Philippine Blockchain Week event this month. The Philippine Blockchain Week organizers have confirmed they are in communication with all parties involved and plan to provide further updates in the near future regarding the situation.


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