Coinbase has lost more than half of its liquidity — measured by 1% market depth — since Feb 9. This is complicated by the fact that their USD orderbooks are merged with USDC.

Stanford Alpaca, a new LLM player, has been fine-tuned with Nvidia A100 x 8 for 3 hours ($100) and augmented with OpenAI GPT-3 ($500). This model can be used on a single GPU or CPU, such as Apple Silicone or Raspberry PI, and offers performance similar to GPT-3 at a total cost of $600.

Instagram is sunsetting its NFT features

Meta: across the company, we're looking closely at what we prioritize to increase our focus. We’re winding down digital collectibles (NFTs) for now to focus on other ways to support creators, people, and businesses

Google AI just announced the PaLM API

It will be released with a new tool called MakerSuite, which lets you prototype ideas, do prompt engineering, synthetic data generation and custom-model tuning. Waitlist available soon.

OpenAI just announcing GPT-4, a large multimodal model

Anthropic are now opening up access to Claude, AI assistant, to power businesses at scale.

Claude is based on Anthropic’s research into training helpful, honest, and harmless AI systems. Accessible through chat and API, Claude is capable of a wide variety of conversational and text processing tasks while maintaining a high degree of reliability and predictability.

Early customers report that Claude is much less likely to produce harmful outputs, easier to converse with, and more steerable - so you can get your desired output with less effort. Claude can also take direction on personality, tone and behavior.

You can chat with Claude, give it prompts to generate text, get Q&A responses and summaries, translate between languages, give it multi-step instructions and more using natural language.

Today is AI Demo Day:
- Adept $350M round
- OpenAI GPT-4
- Anthropic Claude
- Google PALM API

GPT4 does Math.

TAX MATH.

and it checks out.

AI moving to Reeds law (network scaling as all about information) versus Moores law.

A small customised open & standardised models (alone or combined) beat large general models.

How many generalised systems have you seen that outperform customised ones?

Chinese fiat CNY stablecoin issuer CNHC raised $10 million in Series A+ funding.

KuCoin Ventures led the funding, with Circle and IDG Capital participating. It is currently issued on the Ethereum and Conflux blockchains.

Google just announced new AI-powered features to Google Workspace

In Gmail and Google Docs, you can simply type in a topic you’d like to write about, and a draft will be instantly generated for you.

Most people switch off, or stop listening when Web3 folks start talking about Smart Contacts, as they assume it’s a domain for coders, or that the applications of Smart Contracts aren’t relevant for them…

… this is a big mistake. And honestly, Smart Contracts are less complex than you think, if you think of them more as programmes than run (albeit on a Blockchain) or a means for creating automation in a process (If this, then that

The team at Rejolut has your back, with a guide on what Smart Contracts are, how they work, what they’re good at, and who is using them, including:

- What are Smart Contracts?
- How do Smart Contracts work?
- Key features of Smart Contracts

Then we get into use cases of Smart Contracts, that cover a wide range of domains, including:
- Rights Management
- Financial Products
- Gaming
- NFTs
- Insurance
- Digital Identity
- Supply Chain
- Government
- Lending and Mortgages
- Property Ownership
- Voting
- Medical Research
 
And much more besides… There’s also a helpful section at the end around the limitation of Smart Contracts.

Wow! UK to invest £900m in supercomputer in bid to build own ‘BritGPT’

Pytorch announced the release of PyTorch 2.0!

This version includes:
⚙️ 100% backward compatible
📦 Out of the box performance
📶 Significant speed improvements

OpenAI has shared very few details about its latest AI model GPT-4, triggering criticisms from many in the AI community.