🚨 French Regulators Raid Nvidia and Tonks Building an Onchain Nintendo

Good Morning from the Promptbox Team

A relatively slow day in the AI and Web3 world to end out the week and Q3. Expect some volatility in the crypto markets as scam pumps are going to drain the ever-dwindling liquidity out of the market before the market starts to turn upward.

We still managed to find some stories of interest and AI tools that just keep getting better and better, so check them out below.

TGIF. Let's get it.

Kevin

In an unexpected turn of events, French antitrust authorities launched a probe into graphics chip heavyweight NVIDIA, over allegations of anti-competitive practices.

Here's a breakdown of the unfolding situation:

• Surprise Check: The Competition Authority in France, known for its vigilance over antitrust matters, descended upon NVIDIA's Paris and Nice offices.

• Local Reports Confirm: Local media confirms that NVIDIA was raided but also highlighted that boxes and evidence were being removed.

  
  

Bigger Picture
A raid of this size doesn’t happen overnight. It’s linked to a more comprehensive probe into the cloud industry's operations.

Earlier in June, concerns were voiced over players like Amazon, Microsoft, and Google, possibly curbing competitive growth in the cloud domain.

The concern was warranted by data revealing these three tech giants cornering a whopping 80% of the increase in public cloud spending in France in 2021.

This doesn’t look good for Nvidia - but nothing paying a couple of fines won’t solve.

Check out the full story below.

The Question: With NVIDIA's dominance in both the graphics chip and AI sectors, do you believe their practices promote healthy competition, or do they overshadow potential emerging innovators?

Drop us an email and let us know.

Big Story: Tonk is Building a Provability-Focused Onchain Nintendo Emulator

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Promptbox’s Top Trending AI Stories:

AI WARS
Israel Prime Minister Benjamin Netanyahu warned the world is on the cusp of an AI revolution that could launch nations to all-out destruction fueled by devastating high-tech wars.
"It took centuries for humanity to adapt to the agricultural revolution. It took decades to adapt to the industrial revolution. We may have but a few years to adapt to the AI revolution."

JOBS
Apple's chief executive Tim Cook said the firm wants to hire more staff in the UK, in contrast to redundancies seen across the tech sector.
He said the company wants to take on more staff to work in artificial intelligence (AI). It comes the day after Fortnite-maker, Epic Games, announced it was cutting 16% of its workforce.

OVERSIGHT
The National Security Agency is establishing a new “Artificial Intelligence Security Center” to help spur on the secure development and adoption of AI capabilities, and defend AI advancements from foreign adversaries.
The center also has a goal to “understand the threats against their intellectual property and collaborate to help prevent and eradicate threats,”

OPT OUT
Google just announced it’s giving website publishers a way to opt out of having their data used to train the company’s AI models while remaining accessible through Google Search.
The new tool, called Google-Extended, allows sites to continue to get scraped and indexed by crawlers like the Googlebot while avoiding having their data used to train AI models as they develop over time.

HEALTH
In a recent study published in npj Mental Health Research, researchers performed a review to determine whether AI may be a promising strategy for PTSD diagnosis.
This method can potentially improve clinical results while also lowering the costs associated with long-term handicaps, lowering the burden on individuals globally.

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