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Digital Currents

ABCD Roundup: AI on the Rise, Ethereum on the Verge

25 Oct 2024

Description

In this ABCD roundup, we discuss the expanded partnership between OpenAI and Bain & Co., which aims to tailor AI solutions for industries like retail and life sciences. Next, we cover Microsoft's UAE AI National Skills Initiative, a large-scale effort to upskill 100,000 government employees, supporting the UAE's ambitions to become a global AI hub. On the blockchain front, we dive into Ethereum's future with co-founder Vitalik Buterin's plan to hit 100,000 TPS using Layer 2 rollups, alongside the upcoming "The Verge" upgrade. This upgrade aims to make Ethereum more secure and accessible by enabling nodes to run on smaller devices, such as phones, through "stateless verification." Finally, we examine IBM's Q3 2024 results, highlighting its $15 billion in revenue and strong performance in generative AI and software growth. Remember To Stay Current! To learn more, visit us on the web at https://www.morgancreekcap.com/morgan-creek-digital. To speak to a team member or sign up for additional content, please email [email protected]

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