News on AI, eCommerce and Crypto #065

Date: Nov 19th

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1.- Elon Musk has predicted that Artificial General Intelligence (AGI) will be developed by 2026 at the latest.?

2.-? Ted Baker has relaunched its direct-to-consumer e-commerce website for the UK market after ceasing trading in August.?

3.- The Enforcement Directorate (ED) in India has discovered "direct links" between Amazon, Flipkart, and their preferred sellers, suggesting control over inventory, pricing, and profit margins, which could imply violations of foreign investment laws.?

4.- Global e-commerce sales grew by 27%, with notable increases in store-fulfilled pickup & delivery and marketplace models.

5.- eBay has introduced "eBay Evo," an initiative designed to humanize and simplify interactions on the platform, potentially aiming to improve user retention and experience.

6.- BlackRock’s iShares Bitcoin ETF options are launching on Nasdaq today, marking a significant milestone for Bitcoin's integration into traditional financial markets by unlocking liquidity and fostering institutional adoption.

7.- There's been a notable 131% surge in AI and big data-related cryptocurrency tokens, reaching a market cap of $42.4 billion.

8.- Sales volumes for NFTs have risen by over 59% on networks like Ethereum, Bitcoin, and Solana over the last week, hinting at a potential resurgence in the NFT market.

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???In today’s News for AI These headlines are sponsored by ? Azzaik.com?

1.- Anticipation of AGI by 2026: Elon Musk has predicted that Artificial General Intelligence (AGI) will be developed by 2026 at the latest. This prediction has prompted a range of reactions, from optimism about advancements to concerns regarding its societal impacts, including potential AI-driven conflicts.

2.- AI Chips and New Developments: d-Matrix, backed by Microsoft, announced their first AI chip aimed at enhancing services like chatbots and video generators, indicating the push towards more advanced AI hardware solutions.

3.- Legal Actions in AI: ANI (Asian News International) has taken legal action against OpenAI in the Delhi High Court over the unauthorized use of copyrighted content for training AI models, marking a significant case in AI and copyright law.

4.- Public and Industry Reactions: The conversation around AI continues to evolve with discussions on platforms like X about AI's role in daily life, its potential to generate or interpret content, and ethical considerations, like HarperCollins' agreement to use author works for AI training, which has stirred controversy.

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??Headlines for Ecommerce

5.- Ted Baker's E-commerce Revival: Ted Baker has relaunched its direct-to-consumer e-commerce website for the UK market after ceasing trading in August. This move aims to regain its footing in the online fashion space.

6.- Amazon and Flipkart's Seller Control: The Enforcement Directorate (ED) in India has discovered "direct links" between Amazon, Flipkart, and their preferred sellers, suggesting control over inventory, pricing, and profit margins, which could imply violations of foreign investment laws.?

7.- Global E-commerce Growth: Global e-commerce sales grew by 27%, with notable increases in store-fulfilled pickup & delivery and marketplace models.

8.- eBay's New Branding: eBay has introduced "eBay Evo," an initiative designed to humanize and simplify interactions on the platform, potentially aiming to improve user retention and experience.

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??Headlines for Cryptocoins

9.- Bitcoin ETF Options Launch: BlackRock’s iShares Bitcoin ETF options are launching on Nasdaq today, marking a significant milestone for Bitcoin's integration into traditional financial markets by unlocking liquidity and fostering institutional adoption.

10.- AI and Big Data Tokens Surge: There's been a notable 131% surge in AI and big data-related cryptocurrency tokens, reaching a market cap of $42.4 billion, indicating strong investor interest in this niche within the crypto space.?

11.- NFT Sales Volume Increases: Sales volumes for NFTs have risen by over 59% on networks like Ethereum, Bitcoin, and Solana over the last week, hinting at a potential resurgence in the NFT market. 12.- Bitcoin's Potential Rally: Analysts are discussing Bitcoin's Puell Multiple, which has signaled a potential 90% price rally historically. This indicator has formed what's known as a "golden cross," often seen as a bullish sign for Bitcoin's price.?

13.- DOG Coin on OKX: The cryptocurrency $DOG has achieved a listing for perpetual futures on OKX, a significant exchange, without any listing fee, which is celebrated by its community as a step towards mainstream recognition.?

14.- Crypto Market Sentiment: There's a general bullish sentiment around several cryptocurrencies, with $XRP experiencing an 85% surge over the past week, reaching highs not seen since November 2021.