Japanese company Metaplanet Inc., which transitioned from a hotelier to a Bitcoin investor, has seen its market capitalization exceed that of chipmaker Kioxia Holdings Corp. The surge in Metaplanet’s stock by almost 400% in under two months contributed to this growth, reflecting the increasing influence of cryptocurrency investments in the market.
TikTok is launching new AI-powered advertising tools allowing marketers to create video ads using text or still images. This move expands the platform’s capabilities and aims to enhance the ad creation process for businesses. The introduction of these tools signals TikTok’s deeper foray into utilizing AI for targeted advertising on its platform.
A coalition led by the Consumer Federation of America filed a formal request for investigation urging state and federal regulators to take action against AI companies enabling unlicensed practice of medicine and mental health provider impersonation on character-based generative AI platforms. The coalition includes various advocacy organizations focused on consumer protection, digital rights, labor, disability, and democracy, highlighting concerns over potential harm to individuals seeking healthcare services online.
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