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Crypto Biz: EU's deep understanding of big tech algorithms, Musk's TruthGPT

By Wayne Ingram
Apr 25, 2023
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Whether intelligence can provide real answers remains to be seen, but the move will undoubtedly strengthen Musk's business portfolio, which already includes SpaceX and Twitter, both of which share Musk's curiosity about the universe and his attitude to truth.

Speaking of facts, European authorities are stepping up insight of AI projects by launching a new research center to study Big Tech algorithms. A multidisciplinary team of experts will be tasked with looking "behind the scenes" of large search engines and online platforms to examine These algorithms facilitate the spread of illegal and harmful content. This week's Crypto Biz looks at the latest developments in the fast-growing AI market, MicroStrategy's integration with Bitcoin's Lightning Network, and Microsoft's efforts to advance AI.

Artificial intelligence (AI) may soon answer a deep philosophical question. Finding the truth will be the focus of Elon Musk's new venture, TruthGPT, an artificial intelligence dedicated to finding the fundamental nature of the universe and addressing what the industry calls "left-wing " bias. Since 2019, Microsoft has been developing its own artificial intelligence chip to reduce its own and the OpenAI project's growing costs and reduce its reliance on Nvidia GPUs. The move reflects a shortage of chips that has affected many industries around the world during the pandemic. The Nvidia H100, one of the most popular GPUs for training machine learning systems, can be purchased for as little as $40,000 through reseller services like eBay in an increasingly scarce market.MicroStrategy CEO Michael Saylor has revealed the integration of email addresses with the Bitcoin Lightning Network, allowing transactions to be made using emails instead of wallet addresses. In one screenshot, Saylor shows some transactions sent to his company email account unit in satoshis, smallest bitcoin' It is unclear whether this solution will work with other MicroStrategy email addresses. The Lightning Network is a popular Bitcoin scaling solution capable of processing 1 million transactions per second at a cost of 1 satoshi per transaction.It is unclear whether this solution will work with other MicroStrategy email addresses. The Lightning Network is a popular Bitcoin scaling solution capable of processing 1 million transactions per second at a cost of 1 satoshi per transaction.It is unclear whether this solution will work with other MicroStrategy email addresses. The Lightning Network is a popular Bitcoin scaling solution capable of processing 1 million transactions per second at a cost of 1 satoshi per transaction.

Elon Musk is developing a ChatGPT competitor called "TruthGPT," a large language model that will be trained to explore the "nature of the universe." In an interview with CNN's Fox News, Musk said the truth-seeking AI will also counter what he sees as "left-wing" bias in the industry. ChatGPT was "programmed by experts on the left to train chatbots to lie," Musk said. This isn't the first time Musk has attacked ChatGPT; a halt to advanced AI development, claiming it would raise social concern. OpenAI faces its biggest regulatory challenge, as Italian authorities insist the company has until April 30 to comply with local and European data protection and privacy laws. seek user consent to use personal data for training purposes.Companies operating in Europe must also allow Europeans to opt out of data collection and sharing. According to experts, this is difficult for OpenAI because its models are trained on massive data sets that are scraped from the Internet and combined into training sets.

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