Search results for CHESS
Crypto
ASX shareholders push lawsuit against former executives over failed blockchain CHESS replacement
Shareholders of Australian Securities Exchange (ASX) are moving to sue former executives and directors over the failed blockchain-based CHESS replacement project. Cointelegraph reported that Rocheville notified ASX it will apply to the Federal Court for permission to bring a statutory derivative action under sections 236 and 237 of the Corporations Act. ASX said there were no allegations against the exchange itself. The project was halted in 2022 after an Accenture review found major design and capability issues.
AI & Enterprise
Brain implants and AI glasses become reality as cyberpunk future arrives
As brain-computer interfaces, AI smart glasses and robotic prosthetic arms rapidly become real, some elements of the future imagined by cyberpunk are emerging in industry and society, an assessment said. The most accurate prediction, it added, was not flashy body modification but the power structure of major technology companies dominating digital space. Commentators also pointed to the internet shifting toward closed ecosystems and raised concerns about dependence on AI coding tools.
AI & Enterprise
SakanaAI launches multi-model AI system Fugu
Japanese AI startup SakanaAI has launched Fugu, an AI system that coordinates multiple models through a single API to handle complex tasks, NDTV reported. SakanaAI said Fugu Ultra matched Anthropic Fable5 and Mythos Preview on key engineering, science and reasoning benchmarks and beat Fable5 in some tests. It released two versions, with Fugu targeting everyday work and Fugu Ultra aimed at more complex research and analysis.
