Today's roundup highlights groundbreaking developments across tech and crypto, featuring Meta’s ambitious plans for smart glasses as outlined by Mark Zuckerberg, TIME's strategic partnership with OpenAI to enhance AI-driven journalism, Coinbase and Stripe's collaboration to drive global crypto adoption, and Igloo's acquisition of the Frame team to develop the innovative Abstract blockchain. Plus, artists get a unique opportunity to apply for grants with FWB and Optimism for FEST. Dive into these stories to see how they’re shaping the future of technology and digital culture.
TIME and OpenAI Partner to Enhance Access to Trusted Journalism Through AI
TIME and OpenAI have announced a multi-year strategic partnership to integrate TIME's extensive archive of trusted journalism into OpenAI’s products, including ChatGPT. This collaboration will enable OpenAI to access TIME’s current and historical content, enhancing its AI tools with accurate and verified information. Users will receive responses that feature citations and links back to the original sources on Time.com. The partnership reflects TIME's commitment to innovation and expanding global access to reliable information while allowing OpenAI to refine its products with high-quality journalistic content. TIME will also leverage OpenAI's technology to develop new products and provide valuable feedback to improve AI-driven news delivery. This announcement comes shortly after TIME's partnership with FOX on blockchain verification via Verify.
Coinbase and Stripe Join Forces to Enhance Global Crypto Adoption
Coinbase and Stripe have announced a partnership to drive global crypto adoption through faster and cheaper financial infrastructure. Stripe will integrate USDC on Base into its crypto payouts and fiat-to-crypto onramp, enabling swift money transfers to over 150 countries and quicker fiat-to-crypto conversions for U.S. customers. Additionally, Coinbase will add Stripe’s fiat-to-crypto onramp to Coinbase Wallet, allowing users to purchase crypto instantly using credit cards and Apple Pay. This collaboration aims to leverage Base's secure and low-cost transaction infrastructure to make crypto more accessible and efficient for users worldwide.
Igloo Acquires Frame Team to Develop Consumer-Focused Blockchain Abstract
Igloo, Inc., the parent company of Pudgy Penguins, has acquired the Frame team, renowned crypto developers, to build Abstract, a new Ethereum Layer 2 blockchain. The acquisition aims to onboard the next generation of crypto users by leveraging Frame's expertise to create a secure, fast, and developer-friendly blockchain. Abstract will focus on fostering community, culture, and creativity onchain, driving the consumer crypto revolution with innovative economic mechanisms and seamless user experiences.
Mark Zuckerberg Envisions Smart Glasses as the Future of Communication
Mark Zuckerberg, CEO of Meta, recently discussed the future of smart glasses in an interview with YouTuber Kane "Kalloway" Sutter. He detailed Meta's plans for a range of smart glasses, including a premium version with a full field-of-view holographic display. These glasses, which would include cameras, microphones, and speakers, are expected to offer real-time communications and informational overlays, potentially replacing smartphones for many daily tasks. Zuckerberg emphasized that these glasses would be less bulky than current VR headsets, aiming to integrate seamlessly into everyday life. Additionally, Meta is developing a neural wristband to interpret nerve signals for digital communication, providing an alternative to invasive brain-computer interfaces. The early prototypes have received positive feedback, with Meta focused on perfecting the consumer version before a broad release.
Calling All Artists: Apply for FEST Artist Grants with Optimism
Attention artists! Friends with Benefits (FWB) is collaborating with Optimism to offer artist grants for FEST, an upcoming internet exposition celebrating music, emerging tech, and culture. FWB, a community of artists and creatives, is expanding its squad and encouraging applications for these grants, which are open until Monday, July 8. Optimism, known for its commitment to funding web3 culture, continues to support innovative campaigns like We <3 The Art. Selected artists will receive funds by Friday, July 12. Join the creative revolution and apply for a FEST Artist Grant today!
As we witness these dynamic advancements, it's clear that the boundaries of technology and digital interaction are continually being pushed. From Meta’s vision for the future of communication to the transformative partnerships in the crypto and blockchain space, these developments promise to redefine our digital landscape. Stay informed and engaged as we navigate these exciting changes together. Remember to do your own research and stay updated with reliable sources.
Disclaimer: This article is for informational purposes only and does not constitute financial advice. Please conduct your own research (DYOR) and consult with financial experts before making any investment decisions.
