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How DeFi Can Cut Costs & Boost Transparency in Foreign Exchange Markets. Great new research paper by Circle
On-chain DeFi FX through Uniswap AMMs & Circle stablecoins can bring remittance cost down by 80%.
Cost for a $500 remittance:
Banks: $28
Money Transfer Operator: $19
On-chain FX: $4.80
How DeFi Can Cut Costs & Boost Transparency in Foreign Exchange Markets. Great new research paper by Circle
Microsoft Plans Security Features, Wider Release for Its OpenAI-Powered Coding Tool
ChatGPT has generated headlines and hype since its release last year, with its humanlike responses to written prompts. But the business impact of the technology behind the chatbot may first emerge in a different arena: software development.
In 2021, Microsoft-owned GitHub, a popular repository for open-source programs, and OpenAI, creator of the artificial intelligence technology that powers ChatGPT, launched Copilot, a tool that suggests lines of code while a programmer is typing. Last year, Microsoft began offering Copilot to a handful of its largest corporate customers and to individual developers for $10 a month or $100 a year.
Microsoft plans to make Copilot available to all enterprises “in the very near future” and is developing new features aimed at cybersecurity and preventing plagiarism, said Ryan J. Salva, GitHub’s vice president of product.
More broadly, GitHub wants to make Copilot a ubiquitous tool for developers and an indispensable part of the code-building process.
ChatGPT has generated headlines and hype since its release last year, with its humanlike responses to written prompts. But the business impact of the technology behind the chatbot may first emerge in a different arena: software development.
In 2021, Microsoft-owned GitHub, a popular repository for open-source programs, and OpenAI, creator of the artificial intelligence technology that powers ChatGPT, launched Copilot, a tool that suggests lines of code while a programmer is typing. Last year, Microsoft began offering Copilot to a handful of its largest corporate customers and to individual developers for $10 a month or $100 a year.
Microsoft plans to make Copilot available to all enterprises “in the very near future” and is developing new features aimed at cybersecurity and preventing plagiarism, said Ryan J. Salva, GitHub’s vice president of product.
More broadly, GitHub wants to make Copilot a ubiquitous tool for developers and an indispensable part of the code-building process.
The Information
Microsoft Plans Security Features, Wider Release for Its OpenAI-Powered Coding Tool
ChatGPT has generated headlines and hype since its release last year, with its humanlike responses to written prompts. But the business impact of the technology behind the chatbot may first emerge in a different arena: software development. In 2021, Microsoft…
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AI, including chatbots, are revolutionizing healthcare and making it smarter and more efficient. Chatbots, in particular, are like having a personal healthcare concierge, always available to assist you with your healthcare needs, and with a touch of wit and charm. With the power of AI behind them, they can triage patients, reducing the burden on overworked healthcare professionals, and even assist in personalized medicine, drug discovery and population health management. They're the ultimate healthcare game-changer, turning the traditional healthcare model on its head and making it more accessible, accurate and convenient for everyone.
All that, and more—AI chatbots can also apparently write “a pithy paragraph about how AI and chatbots can revolutionize healthcare.” Yep, the above was written by ChatGPT* (did the reference to a “touch of wit and charm” regarding a theoretically non-sentient being tip you off?)—and there’s undoubtedly more to come.
A recent study showed that ChatGPT “performed at or near the passing threshold” for all three U.S. Medical Licensing exams without any specialized training, which could push its possibilities even further.
While there’s still a ways to go before AI truly revolutionizes healthcare, these recent strides are starting to make it feel like the future may be sooner than we think.
All that, and more—AI chatbots can also apparently write “a pithy paragraph about how AI and chatbots can revolutionize healthcare.” Yep, the above was written by ChatGPT* (did the reference to a “touch of wit and charm” regarding a theoretically non-sentient being tip you off?)—and there’s undoubtedly more to come.
A recent study showed that ChatGPT “performed at or near the passing threshold” for all three U.S. Medical Licensing exams without any specialized training, which could push its possibilities even further.
While there’s still a ways to go before AI truly revolutionizes healthcare, these recent strides are starting to make it feel like the future may be sooner than we think.
Openai
Introducing ChatGPT
We’ve trained a model called ChatGPT which interacts in a conversational way. The dialogue format makes it possible for ChatGPT to answer followup questions, admit its mistakes, challenge incorrect premises, and reject inappropriate requests.
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When Elon Musk has a hard time holding onto talent, the talent goes elsewhere, exactly what happened with Precision Neuroscience.
That's the brain-machine company started by Benjamin Rapoport, a founding member of Neuralink, and Michael Mager, a private-equity executive.
They just raised $41 million more.
That's the brain-machine company started by Benjamin Rapoport, a founding member of Neuralink, and Michael Mager, a private-equity executive.
They just raised $41 million more.
Bloomberg.com
Ex-Neuralink Executive Raises $41 Million for New Brain Startup
Precision Neuroscience is part of a growing class of tech startups targeting the human brain.
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Atomic AI Launches with $35 Million Series A Financing
Atomic AI is fusing artificial intelligence and structural biology to unlock RNA drug discovery, designing RNA-targeted and RNA-based medicines to treat undruggable diseases.
Atomic AI is fusing artificial intelligence and structural biology to unlock RNA drug discovery, designing RNA-targeted and RNA-based medicines to treat undruggable diseases.
BusinessWire
Atomic AI Launches with $35 Million Series A Financing to Advance AI-driven RNA Structure Platform for Treating Undruggable Diseases
Atomic AI, a biotechnology company fusing cutting-edge machine learning with state-of-the-art structural biology to unlock RNA drug discovery, launche
Fitbits for tracking multiple sclerosis
Speaking of movement trackers, there are few good tools for people with multiple sclerosis to keep tabs on their activity. The options can be costly, and not especially consumer-friendly. But that data could be especially useful to researchers and patients with the progressive disease, which can cause tremors and a loss of motor control.
In a new paper, researchers report on the early results from a potential solution: Fitbits. The researchers gave a Fitbit Inspire HR to 45 people with moderate mobility impairment due to MS, and then tested how well it compared to self-reported step counts, time spent physically active, and more. They also compared it to data from a wearable made by Actigraph for research. The results, while not fully in agreement across all metrics, suggest the Fitbit might be usable as a physical activity tracking tool for patients with mild or moderate MS.
Speaking of movement trackers, there are few good tools for people with multiple sclerosis to keep tabs on their activity. The options can be costly, and not especially consumer-friendly. But that data could be especially useful to researchers and patients with the progressive disease, which can cause tremors and a loss of motor control.
In a new paper, researchers report on the early results from a potential solution: Fitbits. The researchers gave a Fitbit Inspire HR to 45 people with moderate mobility impairment due to MS, and then tested how well it compared to self-reported step counts, time spent physically active, and more. They also compared it to data from a wearable made by Actigraph for research. The results, while not fully in agreement across all metrics, suggest the Fitbit might be usable as a physical activity tracking tool for patients with mild or moderate MS.
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ChatGPT for biology? Look at this work on LLMs for protein design out today
Profluent announces its launch today with a $9M seed round led by Insight Partners, with participation from Air Street Capital, AIX Ventures, and Phoenix Venture Partners.
Their technology is validated by a peer-reviewed paper in one of the most influential scientific journals, Nature Biotechnology, detailing the first demonstration of large language models (LLMs) generating entire proteins that function in the real world as well as natural proteins evolved over millions of years.
The proceeds from the seed round will be used to build out an integrated wet laboratory in Berkeley, CA, allowing them to develop their own proprietary data, and hire a team of scientists and engineers across biology and machine learning.
Profluent announces its launch today with a $9M seed round led by Insight Partners, with participation from Air Street Capital, AIX Ventures, and Phoenix Venture Partners.
Their technology is validated by a peer-reviewed paper in one of the most influential scientific journals, Nature Biotechnology, detailing the first demonstration of large language models (LLMs) generating entire proteins that function in the real world as well as natural proteins evolved over millions of years.
The proceeds from the seed round will be used to build out an integrated wet laboratory in Berkeley, CA, allowing them to develop their own proprietary data, and hire a team of scientists and engineers across biology and machine learning.
Nature
Large language models generate functional protein sequences across diverse families
Nature Biotechnology - A generative deep-learning model designs artificial proteins with desired enzymatic activities.
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Amazon has been hovering at the edges of Web3 tech for some time
Amazon is launching a digital assets enterprise, according to four sources familiar with the matter, who said that an NFT initiative is expected in the spring.
And the publicly traded goliath is said to have a little more than a dozen crypto-native partners on deck to get things off the ground.
There’s a focus on blockchain-based gaming and related NFT applications.
One example in the works, per one source: getting Amazon customers to play crypto games and claim free NFTs in the process.
The effort is still developing, sources said. April appears to have been penciled in for the e-commerce giant to make its bold crypto ambitions public.
Amazon executives leading the push reached out to at least one family office in recent months, one of the sources said. At the time, the plan, in its earlier iteration, was to do at least one NFT drop with an artist.
Amazon’s Web3 blueprint appears to have significantly evolved since.
It wasn’t immediately clear who in terms of personnel is leading Amazon’s NFT initiative. Details about the platform, which would include certain NFT gaming initiatives, are still unfolding, but two sources said the platform is set to run out of Amazon proper, rather than its popular web-hosting platform AWS.
An additional fourth source said Amazon has been exploring a number of other Web3 initiatives of late. When it comes to both the platform and Amazon’s additional crypto forays, a number of internal hires would likely be a prerequisite.
Amazon is launching a digital assets enterprise, according to four sources familiar with the matter, who said that an NFT initiative is expected in the spring.
And the publicly traded goliath is said to have a little more than a dozen crypto-native partners on deck to get things off the ground.
There’s a focus on blockchain-based gaming and related NFT applications.
One example in the works, per one source: getting Amazon customers to play crypto games and claim free NFTs in the process.
The effort is still developing, sources said. April appears to have been penciled in for the e-commerce giant to make its bold crypto ambitions public.
Amazon executives leading the push reached out to at least one family office in recent months, one of the sources said. At the time, the plan, in its earlier iteration, was to do at least one NFT drop with an artist.
Amazon’s Web3 blueprint appears to have significantly evolved since.
It wasn’t immediately clear who in terms of personnel is leading Amazon’s NFT initiative. Details about the platform, which would include certain NFT gaming initiatives, are still unfolding, but two sources said the platform is set to run out of Amazon proper, rather than its popular web-hosting platform AWS.
An additional fourth source said Amazon has been exploring a number of other Web3 initiatives of late. When it comes to both the platform and Amazon’s additional crypto forays, a number of internal hires would likely be a prerequisite.
Blockworks
Amazon NFT Initiative Coming Soon: Exclusive
Amazon is ready to throw its enormous weight behind Web3 with an NFT initiative this spring, according to multiple sources.
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BioGPT, a domain-specific generative model pre-trained on large-scale biomedical literature, has achieved human parity, outperformed other general and scientific LLMs, and could empower biologists in various scenarios of scientific discovery
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Wow ! Google almost solved music generation
Really well done, from SoundStream and AudioLM through MuLan to MusicLM.
The overall structure of MusicLM
= MuLan + AudioLM
= MuLan + w2v-BERT + SoundStream
MuLan is a text-music joint embedding model.
- contrastive training
- 44M music audio - text denoscription pairs from "internet music videos"
- AST: audio spectrogram transformer https://arxiv.org/pdf/2208.12415.pdf
AudioLM = w2v-BERT + SoundStream
w2v-BERT is.
- a BERT, but for audio,originally for speech. in AudioLM, an intermediate layer from speech-pretrained model was used.
- it's "coarse" (250bps of bitrate.)
- it takes care of semantic information.
SoundStream is.
- a neural audio codec
- residual vector quantizer (RVQ) is used
- as a codec, it's fine-grained (2000bps of bitrate)
To recap, the whole roadmap really brilliant
- because there's MuLan, they could use audio-only dataset
- because there's SoundStream, the music generation task was simplified to token generation, not waveform generation.
Really well done, from SoundStream and AudioLM through MuLan to MusicLM.
The overall structure of MusicLM
= MuLan + AudioLM
= MuLan + w2v-BERT + SoundStream
MuLan is a text-music joint embedding model.
- contrastive training
- 44M music audio - text denoscription pairs from "internet music videos"
- AST: audio spectrogram transformer https://arxiv.org/pdf/2208.12415.pdf
AudioLM = w2v-BERT + SoundStream
w2v-BERT is.
- a BERT, but for audio,originally for speech. in AudioLM, an intermediate layer from speech-pretrained model was used.
- it's "coarse" (250bps of bitrate.)
- it takes care of semantic information.
SoundStream is.
- a neural audio codec
- residual vector quantizer (RVQ) is used
- as a codec, it's fine-grained (2000bps of bitrate)
To recap, the whole roadmap really brilliant
- because there's MuLan, they could use audio-only dataset
- because there's SoundStream, the music generation task was simplified to token generation, not waveform generation.
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Moody’s developing scoring system for stablecoins
Moody’s, which among other things provides credit ratings for publicly-traded companies, is working on a system to score up to 20 stablecoins based on the quality of their reserves attestations
The project is in its infancy, however, and won’t be issuing official credit ratings.
The resiliency of stablecoins and whether they're backed by a reliable pile of money is a longstanding issue in the crypto industry.
Stablecoins are meant to closely track the value of something else, often the U.S. dollar.
So if investors have put, say, $10 billion into a stablecoin, there should, in theory, be $10 billion sitting somewhere to back it up.
The largest stablecoin, Tether's USDT, has been dogged for years by concern that it has not been fully backed.
Moody’s, which among other things provides credit ratings for publicly-traded companies, is working on a system to score up to 20 stablecoins based on the quality of their reserves attestations
The project is in its infancy, however, and won’t be issuing official credit ratings.
The resiliency of stablecoins and whether they're backed by a reliable pile of money is a longstanding issue in the crypto industry.
Stablecoins are meant to closely track the value of something else, often the U.S. dollar.
So if investors have put, say, $10 billion into a stablecoin, there should, in theory, be $10 billion sitting somewhere to back it up.
The largest stablecoin, Tether's USDT, has been dogged for years by concern that it has not been fully backed.
Bloomberg.com
Moody’s Is Working on Scoring System for Crypto Stablecoins
Moody’s Corp. is working on a scoring system for stablecoins, the crypto sector’s most traded tokens, as the asset class grows and faces increased scrutiny from regulators and investors.
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ChatGPT ‘Arms Race’ Adds $4.6 Billion to Nvidia Founder’s Fortune
One of the biggest winners from the soaring popularity of the ChatGPT tool is a Jensen Huang, CEO NVIDIA, has seen his fortune climb by 33% this year to $18.4 billion, a larger percentage gain than any other US billionaire, according to the Bloomberg Billionaires Index.
It’s a sharp contrast to last year, when his wealth decline was one of the biggest among US technology titans, along with Meta Platforms Inc.’s Mark Zuckerberg.
His firm, initially focused on creating computer chips to create graphics for video games, has become the dominant player in powering artificial intelligence applications, from autonomous cars to robots to crypto mining. That specialty has made it one of Wall Street's top wagers for how to profit from exuberance about the future of AI, encouraged by Microsoft Corp. vowing to put $10 billion into OpenAI, the startup that developed ChatGPT.
One of the biggest winners from the soaring popularity of the ChatGPT tool is a Jensen Huang, CEO NVIDIA, has seen his fortune climb by 33% this year to $18.4 billion, a larger percentage gain than any other US billionaire, according to the Bloomberg Billionaires Index.
It’s a sharp contrast to last year, when his wealth decline was one of the biggest among US technology titans, along with Meta Platforms Inc.’s Mark Zuckerberg.
His firm, initially focused on creating computer chips to create graphics for video games, has become the dominant player in powering artificial intelligence applications, from autonomous cars to robots to crypto mining. That specialty has made it one of Wall Street's top wagers for how to profit from exuberance about the future of AI, encouraged by Microsoft Corp. vowing to put $10 billion into OpenAI, the startup that developed ChatGPT.
Bloomberg.com
ChatGPT ‘Arms Race’ Adds $4.6 Billion to Nvidia Founder’s Fortune
Jensen Huang’s chipmaker is Wall Street’s top pick for traders looking to profit from the AI chatbot, giving him the greatest wealth gain this year among US billionaires.
Replit India just launched
New servers with low latency for Indian devs.
Build your portfolio here to get hired globally.
Quickly becoming as important as GitHub.
New servers with low latency for Indian devs.
Build your portfolio here to get hired globally.
Quickly becoming as important as GitHub.
replit
Replit India
India is Replit's second largest developer community. Get the tools to code, host, and deploy projects and earn Cycles.
Here is a great summary of where Japan is in its road to regulation of digital assets, DAO, NFTs, Stablecoins and more.
It's great to see politicians getting their hands dirty and digging deep into the technology and its applications to drat meaningful policies.
It's great to see politicians getting their hands dirty and digging deep into the technology and its applications to drat meaningful policies.
Coindesk
Japan Embraces Web3 As Global Regulators Grow Wary of Crypto
With tight regulations already in place that helped insulate FTX Japan and its investors from heavy losses, Japan is working on policy and guidelines for stablecoins, NFTs and DAOs as it welcomes a crypto future.
Google just launched chat.google.com, its alternative to chat.openai.com.
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CZ said that if Binance builds a Metaverse, then it’s definitely going to be powered by BNB, but since they are not game builders (yet) and don’t have a game building team, he is more open to just investing in other virtual reality or Metaverse games.
CZ could connect to those who work fulltime in this space.
“For us it would be the easiest thing to create a team of game devs, aswell as specialists in Web3.
Our goal is definitely to show our strength for binance, its products aswell as upcoming products & improvements,”-said CZ.
CZ could connect to those who work fulltime in this space.
“For us it would be the easiest thing to create a team of game devs, aswell as specialists in Web3.
Our goal is definitely to show our strength for binance, its products aswell as upcoming products & improvements,”-said CZ.
Baidu is planning to roll out an AI chatbot service similar to OpenAI’s ChatGPT
China’s largest search engine company plans to debut a ChatGPT-style application in March, initially embedding it into its main search services. The tool, whose name hasn’t been decided, will allow users to get conversation-style search results much like OpenAI’s popular platform.
Baidu has spent billions of dollars researching AI in a years-long effort to transition from online marketing to deeper technology. Its Ernie system — a large-scale machine-learning model that’s been trained on data over several years — will be the foundation of its upcoming ChatGPT-like tool, the person said. A Baidu representative declined to comment.
China’s largest search engine company plans to debut a ChatGPT-style application in March, initially embedding it into its main search services. The tool, whose name hasn’t been decided, will allow users to get conversation-style search results much like OpenAI’s popular platform.
Baidu has spent billions of dollars researching AI in a years-long effort to transition from online marketing to deeper technology. Its Ernie system — a large-scale machine-learning model that’s been trained on data over several years — will be the foundation of its upcoming ChatGPT-like tool, the person said. A Baidu representative declined to comment.
Bloomberg.com
Chinese Search Giant Baidu to Launch ChatGPT-Style Bot
Baidu Inc. is planning to roll out an artificial intelligence chatbot service similar to OpenAI’s ChatGPT, according to a person familiar with the matter, potentially China’s most prominent entry in a race touched off by the tech phenomenon.