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Urban Clouds

๐Ÿ‘‰ Issue #46 of QX Snapshots is out!





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Highlights:


โ›“ [๐๐ฅ๐จ๐œ๐ค๐œ๐ก๐š๐ข๐ง] Hong Kong Tightens Stablecoin Issuance; China's Digital Yuan & Overseas Travelers; Worldcoin's Iris Scan ID Hits 5M Milestone. Hong Kong's financial regulators proposed licensing requirements for fiat-referenced stablecoin issuers. Meanwhile, China launched its first digital yuan wallet opening machine for overseas travelers in Dongguan. It allows passport holders to exchange foreign cash for digital yuan wallets after passing customs, supporting 18 currencies and 7 languages.



โ–ถ [๐๐ฅ๐จ๐œ๐ค๐œ๐ก๐š๐ข๐ง] Nigerian Banks Set To Launch Compliant Naira Stablecoin In 2024.



๐Ÿค– [๐€๐ˆ] OpenAI Valued at $100B in Funding Talks, Alibaba Unveils Text-to-3D Avatar AI 'Mach', Anthropic Forecasts over $850M in annualized revenue, Microsoft Launches Free Copilot AI App for Android. OpenAI is discussing a new funding round at a valuation of at least $100 billion, which would make it the second most valuable U.S. startup after SpaceX. OpenAI has also held talks for an additional $8-10 billion investment from Abu Dhabi's G42 into a new chipmaking venture to compete with Nvidia in powering AI computing.ย 



โ–ถ [๐€๐ˆ] Workshop: Multimodal + Advanced RAG Workhop with Gemini - Llama & Google.



๐ŸŽ† [๐๐ฎ๐š๐ง๐ญ๐ฎ๐ฆ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ]ย ย ย Breakthrough in Quantum-Safe Encryption; Rydberg's Quantum Radio Milestone; NVIDIA Seeks Hybrid Quantum-AI Talents. Researchers claim to have developed the first practical cryptographic algorithm, called LaV, that could protect data from hacking by future quantum computers. It builds on existing verifiable random function (VRF) technology.ย 



๐Ÿ’ป [๐ˆ๐จ๐“]ย Mangata Networks and Microsoft Unite for Satellite Edge Cloud; Xiaomi Unveils Electric Sedan with 'Smartphone on Wheels' Tech.ย Mangata Networks partnered with Microsoft to develop AI-enabled Edge Cloud products connected via Mangata's satellite network. Mangata will provide global connectivity to Azure, expanding its capabilities.



โ–ถ [๐Ž๐ญ๐ก๐ž๐ซ] Carbanak Malware Evolves in Ransomware Surge; British Teens from LAPSUS$ Cybercrime Group Sentenced. The Carbanak banking malware has resurfaced in ransomware campaigns. Meanwhile, two British teenagers in the LAPSUS$ cybercrime group behind attacks on high-profile companies were sentenced.


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