Happy Wednesday, AI enthusiasts! 🤖

Get ready for your daily infusion of AI news and insights 🔍

• 🕵️ AI Powers Scammers in an 'Arms Race' in the Crypto Sector

• 📊 Kyndryl Sees Rapid Generative AI Adoption in ASEAN Companies

• 💹 Bybit Launches AI-Powered 'TradeGPT' for Market Analysis

• 🇯🇵 Japan's Prefectural Governments Embrace ChatGPT for Various Work Tasks

🕵️ AI Powers Scammers in an 'Arms Race' in the Crypto Sector

• The co-founder of Web3 security firm Quantstamp, Richard Ma, has warned that AI-powered scams are becoming increasingly sophisticated and successful.

• AI is enabling scammers to execute highly convincing attacks en masse, making social engineering attacks more effective.

• This trend poses a significant challenge for cybersecurity in the cryptocurrency sector, as fraudsters harness AI tools for malicious purposes.

📊 Kyndryl Sees Rapid Generative AI Adoption in ASEAN Companies

• Kyndryl, a U.S.-based IT infrastructure service provider, expects Southeast Asian companies to adopt generative AI technologies at a rate similar to large corporations in the U.S. and Europe.

• Kyndryl, which emerged from IBM in 2021, helps global companies design, build, and manage their IT infrastructure.

• This suggests that generative AI is gaining traction and value across a wide range of industries.

💹 Bybit Launches AI-Powered 'TradeGPT' for Market Analysis

• Cryptocurrency exchange Bybit has introduced 'TradeGPT,' an AI-powered language-based trading tool.

• TradeGPT utilizes AI, including ChatGPT's large language model and Bybit's in-house ToolsGPT, to generate real-time market insights and answer technical questions from users in multiple languages.

• TradeGPT aims to provide market analysis and educational resources to traders, showcasing the growing integration of AI in the finance and cryptocurrency sectors.

🇯🇵 Japan's Prefectural Governments Embrace ChatGPT for Various Work Tasks

• As of August 23, 2023, the Tokyo Metropolitan Government has permitted the use of generative AI, specifically ChatGPT from OpenAI, for certain tasks.

• Around 50,000 government employees will leverage ChatGPT for tasks like summarizing documents and proposing planning ideas.

• This move reflects the increasing adoption of AI tools in government processes to enhance efficiency and productivity.

More AI news

1. Elon Musk's Social Media Platform Will Harness Public Data for AI Model Training (link)

2. Atomicwork Debuts with an $11 Million Seed Round, Transforming Employee Support Through AI (link)

3. On Google's 25th Anniversary, Sundar Pichai Charts Google's Future in AI (link)

4. Tencent Set to Join Chinese Tech Giants in Launching an AI Chatbot Similar to ChatGPT (link)

Trending Tools & Resources 🛠️

1. PromptEasy: Enhance Your ChatGPT Prompts for Optimal Results with This Extension. (link)

2. Helpkit AI: Transform Your Notion Database into a Time-Saving Customer Support Chatbot. (link)

3. Phrasee: Harness AI to Generate Countless Marketing Messages for Your Clients. (link)

4. SEC Insights: Dive Deep into Financial Documents like 10-Ks and 10-Qs with Advanced AI Analysis. (link)

5. Acrolinx: Craft Impactful Enterprise Content Aligned with your business goals. (link)

6. Ocean.io: Streamline Data Collection with a Traditional Lead Data Provider. (link)

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