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If You Bought Your Mom $100 In Bitcoin, Dogecoin And Ethereum … – Benzinga

Roses are red, violets are blue, flowers are overrated, does Mom want crypto from you?

If youre struggling with what to get your mom for Mothers Day, a gift of cryptocurrency is anoption. Heres a look at whether a gift of crypto on Mothers Day last year would have beena good investment.

What Happened: Mothers Dayis being celebrated today. While many will get their moms flowers and a card, another optionis buying shares of some of the most valuable and most well-known public companies.Others might consider gifting their momscryptocurrency as a long-term bet on a rebound over the coming years.

Mothers Day was designated an official holiday by then President Woodrow Wilson in 1914 and is celebrated on the second Sunday of May. Last year, Mothers Day was celebrated on May 8, 2022. Heres a look at how an investment and gift in three leading cryptocurrencies at thattime would be worth now.

Related Link: Here's How Much $100 In Dogecoin Today Could Be Worth If DOGE Returns To All-Time Highs

Investing $100 in Bitcoin, Dogecoin, Ethereum:Heres how muchBitcoin, Dogecoin and Ethereum a $100 investment in each couldhave boughton May 8, 2022.

Bitcoin: .0028 BTC

Dogecoin: 781.25 DOGE

Ethereum: .0379 ETH

Investing $100 in each cryptocurrency last Mothers Day would be worth the following based on prices at the time of writing:

Bitcoin: $75.15

Dogecoin: $56.25

Ethereum: $68.39

A $300 gift consistingof thethree top cryptocurrencies would be worth $199.79 today, a decline of 33.4%.

While the decline is steep, it is actually an improvement over the 51% decline seen in the same three cryptocurrencies between Mothers Day 2020 andMothers Day 2021.

Those who bought their moms cryptocurrency for Mothers Day in 2020 would have a different story to tell.

A $100 investment each in Bitcoin, Dogecoin and Ethereum on Mothers Day 2020 would have been able to buy the following amounts and now be worth the following:

Bitcoin: 0.0104 BTC, $279.14

Dogecoin: 38,270.19 DOGE, $2,755.45

Ethereum: 0.4727 ETH, $852.99

Read Next: 2021 Was The Year Of Dogecoin, A Month By Month Retrospective With Top Stories

Photo: Shutterstock

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Binance is banking big on M&A and VC deals – TechCrunch

The worlds largest crypto exchange by volume, Binance, is making big bets on M&A this year, paying particular attention to geographical gaps and customer base. And to help the exchange get there is the companys chief business officer, Yibo Ling.

He joined Binance nearly seven months ago, after stints at Bird and Uber. Lings role at the company focuses on VC investments, strategic M&A and business development. And theres a lot to look at there; Binance Labs, the exchanges VC arm, has a portfolio valued at about $9 billion right now, Ling shared. Thats well in excess of 10x return.

I sat down with Ling at Consensus 2023 to learn more about Binances focus for investments, layer-1 blockchains, geographical and product growth for the business, among a ton of other things.

(Editors note: This interview has been edited for length and clarity.)

I know you just started recently, but what are the profitability metrics that Binance looks at as its north star? What are the most impressive or important metrics? And how has performance been?

In my role as chief business officer, I dont primarily focus on operating the exchange, I focus on the deal work that we do. So all the outbound VC investments that focus on strategic M&A, bringing in capabilities to the core exchange I focus on our commercial business development relationships. So Im probably not the right person to talk about that but yeah, the business seems pretty healthy. Clearly the market has meaningful impact, but the business is doing quite well.

When you look at VC investments and strategic M&A, what areas is Binance focusing on and most interested in?

Our VC arm, we call that Binance Labs, and the mission there is really this notion that a tide lifts all boats. So the investments that we do are basically across the board. Thats why its actually good for me to be in places like this [at the conference], because there are so many projects, working on different things. And we very generically invested in almost everything. So let me get more specific in that, but we also invest upstream and downstream.

So we invest in the growth stage, we invest in early stage, seed and [Series] A. Our preference and our focus is on seed and [Series] A going early stage, because thats where we think we can add the most value. But all of that is just to zoom back to the broader thing that were focused on from Labs perspective. We think that theres just so much potential for growth, for disruption, for improvement in many aspects of how people go about their lives. And so that can be enabled by web3 and blockchain technology. And so, ROI and return metrics are important for us there on that side of the house. The value of our portfolio is around $9 billion right now. Thats well in excess of 10x return. Again, mostly in the early stage, some in later-stage investments.

For the most part, we dont exit our investments because were able to buy and hold them really, really long term because of the mission. At this point we have probably over 200 portfolio companies on every continent other than Antarctica. We also have incubation, not just sort of direct investments. And so about a quarter of those portfolio companies come out of our incubation programs.

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Binance’s exit and Bank of Canada’s digital loonie discussions: How they impact Canadian crypto – Financial Post

Even in a crypto winter, the Canadian cryptocurrency landscape remains in flux. On May 12, Binance, the worlds largest crypto exchange, announced it was pulling out of the country because it didnt agree with new regulations put in place by the Canadian Securities Administrators. That came just days after the Bank of Canada said it was pushing ahead with an investigation of whether to create a purely digital version of the Canadian dollar. The Financial Posts Barbara Shecter unpacks what the moves mean for Canadians and the crypto industry and what comes next.

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Cryptocurrency advocates around the world have resisted rules set by authorities, and criticized Canadas regulators from the get-go for what they saw as a stifling of innovation. They argued that the whole point of cryptocurrencies such as bitcoin is to remove the middleman whether thats a banker or a regulator. Thats because the backbone of these digital currencies, known as the blockchain, is supposedly a self-policing technology. In its purest form, everyone on the blockchain can see every transaction. Its been compared to millions of cameras pointed at the same tree in the forest when it falls, all those cameras see it and it cant be changed after the fact.

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Regulators have authorized 11 so far: Bitbuy Technologies Inc., Bitvo Inc., Coinberry Ltd., Coinsquare Capital Markets Ltd., Fidelity Clearing Canada ULC, Fidelity Digital Assets Services, Netcoins Inc., Newton Crypto Ltd. Simply Digital Technologies Inc. (CoinSmart), VirgoCX and Wealthsimple Digital Assets Inc.

Coinbase, the largest crypto exchange in the United States, says it signed a pre-registration undertaking, or PRU, with Canadian regulators. Photo by Leon Neal/Getty Images

In addition, San-Francisco-headquartered Coinbase, the largest crypto exchange in the United States, says it signed a pre-registration undertaking, or PRU, with Canadian regulators on March 24, and is committed to working with Canadian regulators to comply with a regime that protects consumers while embracing innovation. Kraken, another large San Francisco-based crypto exchange, is also understood to be working with Canadian regulators with an eye to becoming authorized to do business with Canadians.

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The Bank of Canada building in Ottawa. Photo by Sean Kilpatrick/The Canadian Press

There couldnt be many in Ontario as both Binance and FTX were forced to wind down accounts after tangling with the OSC in 2021 and 2022. However, there are some Binance clients in other provinces that were slower to regulate. Binance isnt saying much about whats happening with them, other than that they have received emailed information directly from the company, which it declined to share. Regulatory sources say these accounts are to be wound down and that this will be tracked by the watchdogs. There may also be some clients in Canada whose accounts cant be traced to this country because they are using something called geo-blocking technology to disguise where they live. The same VPN technology is used by some people to watch television services that arent available in their home country. FTX is no longer operating after a run on assets held by the platform revealed a shortfall of funds and the company entered bankruptcy proceedings in the United States.

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Platforms that are willing to register with regulators across the country, including signing pre-registration undertakings before they are even given the nod by regulators such as the OSC or Alberta Securities Commission, will be able to operate. But they will have to comply with a raft of added rules to ensure safe custody of crypto assets and the segregation of customer assets from those held or managed by the platforms. They may also have to comply with existing rules for securities that arent traditionally associated with cryptocurrencies, such as derivatives. The only way around this would be to get an exemption from a provincial regulator, and that doesnt seem to be in the cards at the moment.

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DeepMind Cofounder: Old-School Google Search Will Be Gone in a Decade – Business Insider

DeepMind co-founder Mustafa Suleyman has a chilling warning for Google, his former employer: The internet as we know it will fundamentally change and "old school" Search will be gone in a decade.

"If I was Google I would be pretty worried because that old school system does not look like it's gonna be where we're at in 10 years time," he said during a recent episode of the No Priors podcast.

Suleyman started DeepMind, a pioneering artificial intelligence company, with Demis Hassabis and Shane Legg, in 2010. Google bought it in 2014, and the firm went on to develop ground-breaking inventions, including AlphaFold, an AI model that can predict protein structures. Suleyman left Google a couple of years ago and co-founded a startup called Inflection AI, which recently launched its first product, a personalized chatbot called Pi.

In 2019, Suleyman switched from DeepMind to a VP role at Google. The move followed an internal investigation at DeepMind into allegations that Suleyman had bullied staff.Insider reported that complaints over Suleyman's behavior had been raised for several years. He has apologized and has said that he "really screwed up."

During his final period at Google, Suleyman worked onLaMDA, a large language model. He said he and other colleagues tried to launch a conversational, interactive product using this model, but couldn't persuade Google.

"It wasn't the right timing for Google for various reasons," he said, laughing ruefully. "And I was just like, you know, this has to be out there in the world. This is going to clearly be the new wave of technology."

"The way I positioned LaMDA at Google is that conversation is the future interface. And Google is already a conversation. It's just an appallingly painful one," Suleyman added.

There's a lot for Google to lose if its search engine is forced to change radically. The company is the gatekeeper to the web, crawling, indexing and ranking millions of sites. It makes almost all its profit from running ads alongside search results. It is now experimenting with its own chatbot, Bard, and weaving some of this technology into Search. But no one really knows how it will make as much money from this new format.

With or without Google, the search experience will evolve to be conversational and interactive, Suleyman said on the No Priors podcast. The has huge ramifications for the future of the web and everyone who relies on it to access information and make a living. Here are more highlights from Suleyman's comments:

You say something to Google, it gives you an answer in 10 blue links. You say something about those 10 blue links by clicking on it. It generates that page. You look at that page. You say something to Google by how long you spend on that page, what you click on, how much you scroll up and down, etc, etc. And then you come back to the Search login and you update your query and you say something again to Google about what you saw. That's a dialog, and Google learns like that, and the problem is, it's using 1980s Yellow Pages to have that conversation. And actually now we can do that conversation in fluent natural language.

And I think the problem with what Google has, I guess in a way accidentally, done to the internet is that it has basically shaped content production in a way that optimizes for ads, and everything is now SEO-ed to within an inch of its life. You go on a web page and all the text has been broken out into sub-bullets, and subheaders, and separated by ads, and you spend 5 to 7 or 10 seconds just scrolling through the page to find the snippet that you actually want. Most of the time you are just looking for a quick snippet. And if you are reading, it's just in this awkward format and that's because if you spend 11 seconds on the page, instead of 5 seconds, that looks like high quality content to Google and it's quote-on-quote engaging. So the content creator is incentivized to keep you on that page, and that's bad for us because what we as humans clearly want is high quality succinct fluent, natural language answers to the questions that we want. And then crucially we want to be able to update our response without thinking how do I change my query? We've learned to speak Google. It's a crazy environment. We've learned to Google. That's just a weird lexicon that we've co-developed with Google over 20 years. No. Now, that has to stop. That's over. That moment is done, and we can now talk to computers in fluent natural language and that is the new interface.

We think that in the next few years everyone is going to have their own personal AI. There are going to be many different types of AI. There will be business AIs, government AIs, nonprofit AIs, political AIs, influencer AIs, brand AIs. All of those AIs are going to have their own objective aligned to their owner. Which is to promote something, sell something, persuade you of something. And my belief is that we all as individuals want our own AIs that are aligned to our own interests and on our team and in our corner. And that's what a personal AI is. And ours is called Pi, personal intelligence. It is there to be your companion. We've started off with a style that is empathetic and supportive and we try to ask ourselves at the beginning what makes for good conversation.

I think it's going to change fundamentally. I think that most computing is going to become a conversation. And a lot of that conversation is going to be facilitated by AIs of various kinds. So your Pi is going to give you a summary of the news in the morning. It's going to help you keep learning about your favorite hobby, whether it's cacti or motorcycles. Every couple of days it's going to send you new updates, new information in a summary snippet that really suits exactly your reading style and your interests and your preference for consuming information. Whereas a website, the traditional open internet just assumes there's a fixed format and that everybody wants a single format. And generative AI clearly shows us that we can make this dynamic and emergent and entirely personalized. If I was Google I would be pretty worried because that old school system does not look like it's gonna be where we're at in 10 years time. It's not going to happen overnight. There's going to be a transition but these kinds of succinct, dynamic personalized interactive moments are clearly the future.

An AI is kind of just a website or an app. Let's say you have a blog about baking. You can still produce super high quality content with your AI and your AI will be a lot more engaging and interactive for other people to talk to. So to me, any brand is already kind of an AI. It's just using static tools. For a couple of hundred years, the ad industry has been using color, shape, texture, text, sound and image to generate meaning. It's just they release a new version every six months or every year. Now, that's going to become much more dynamic, and interactive. So I really don't subscribe to this view that there's going to be 1 or 5 AIs. I think this is completely misguided and fundamentally wrong. There are going to be 100s of millions of AIs or billions of AIs. And there will be a line to individuals. So what we don't want is autonomous AIs that operate completely independently and wander off doing their own thing. That doesn't end well. If your blogger has their own AI that represents their content, then I imagine a world where my Pi will go out and talk to that AI and say yeah my Mustafa is super interested to learn about baking, he can't crack an egg, so where does he need to start? And then Pi will have an interaction and be like oh that was really kind of funny and interesting. Mustafa will really like that. And then Pi will come back to me and be like hey I found this great AI today. Maybe we could set up a conversation, you'll find something super interesting. Or they recorded this little clip of me and the other AI interacting and here's a 3 minute video, or something like that. This will be how new content, I think, gets produced. And I think it will be your AI, your Pi, your personal AI that acts as interlocutor accessing the other world. Which is basically, by the way, what Google does at the moment. Google crawls other essentially AIs that are statically produced by the existing methods and has a little interaction with them, ranks them, and then presents them to you.

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Binance Decides To Leave Canada, Citing Regulatory Issues Related to Stablecoins and Investor Limits – The Daily Hodl

The worlds largest crypto exchange by volume says that its leaving Canada due to issues with the nations regulations on stablecoins and investor limits.

In a new announcement, Binance says that it will be joining other prominent crypto-focused firms and leaving the Canadian marketplace.

According to Binance, Canadas new regulatory measures that seek to protect investors render its marketplace no longer tenable.

Today we are announcing that Binance will be joining other prominent crypto businesses in proactively withdrawing from the Canadian marketplace

Unfortunately, new guidance related to stablecoins and investor limits provided to crypto exchanges makes the Canada market no longer tenable for Binance at this time. We put off this decision as long as we could to explore other reasonable avenues to protect our Canadian users, but it has become apparent that there are none.

In February, the Canadian Securities Administration (CSA) created new guidelines indicating that the regulatory body may view stablecoins as securities and/or derivatives.

Binance says it may one day return to Canada once more appropriate regulations are in place.

While we do not agree with the new guidance, we hope to continue to engage with Canadian regulators aimed at a thoughtful, comprehensive regulatory framework. We are confident that we will someday return to the market when Canadian users once again have the freedom to access a broader suite of digital assets.

Earlier this month, Bloomberg reported that the Justice Department isinvestigating Binance Holdings to see whether or not the firms crypto exchange violated sanctions against Russia.

Generated Image: Midjourney

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DeepMind cofounder warns governments seriously need to find solutions for people who lose their jobs to A.I. – Fortune

Governments will have to find a solution for knowledge sector workers whose jobs are automated away thanks to the advent of artificial intelligence, a leading expert in the field warned.

Mustafa Suleyman, who cofounded the London-based lab DeepMind, later sold to Google in 2014, told attendees of the GIC Bridge Forum event in San Francisco on Tuesday that policymakers needed to step up and provide some form of aid, such as universal basic income (UBI).

That needs material compensation, said Suleyman, according to a report by the Financial Times. This is a political and economic measure we have to start talking about in a serious way.

In March, Goldman Sachs argued generative A.I. that can create content almost indistinguishable from a human, like Midjourney and ChatGPT, could leave 300 million full-time workers across the U.S. and Europe out of a job.

Unquestionably, many of the tasks in white-collar land will look very different in the next five to 10 years, Suleyman continued.

The warning from the DeepMind cofounder, who has since gone on to launch a new startup called Inflection with the aid of LinkedIn billionaire Reid Hoffman, is not the first from a leading mind in the field of tech.

In March, Elon Musk added his name to Steve Wozniaks and a long list of other distinguished signatories pushing for a delay in advanced A.I. research.

They arguedthat decisions about A.I. must not be delegated to unelected tech leaders and that more powerful systems should only be developed once we are confident that their effects will be positive and their risks will be manageable.

OpenAI CEO Sam Altman, meanwhile, has attempted to assuage concerns about his ChatGPT and DALL-E products, arguing a lot of people will be made very rich by A.I. in the process.

Just how many people could also be made extremely poor is the real question that could prove explosiveparticularly for the two countries that DeepMind effectively calls home: the U.K. and the United States.

Should tens of millions of knowledge sector workers or more lose their job through generative A.I., without any real plan to cushion the blow, the resulting upheaval could prove significantly disruptive.

There are going to be a serious number of losers [that] will be very unhappy, very agitated, warned Suleyman.

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NRx Pushing Deep into the Mind Science Space BioBuzz – BioBuzz

BioBuzz by Workforce Genetics

By Mark TerryMay 16, 2023

Radnor, Penn.-based NRx Pharmaceuticals is pushing hard on the development of its lead compound, NRX-101, which is currently in a Phase IIb/III clinical trial for Suicidal Treatment-Resistant Bipolar Depression.

Stephen Willard, Chief Executive Officer and Director of NRx, said in a conference call discussing the companys recent quarterly report that the company was off to a great start as we continue to build our brain health franchise.

Among the quarters milestones, the company met with the FDA to discuss its plan to expand the intended use of NRX-101 from the original patient population with acute suicidality who might be treated in the hospital to a broader population with what the company calls Treatment-Resistant Bipolar Depression, or is technically dubbed subacute suicidal ideation. These patients are treated in the outpatient setting and are the target population of the ongoing study.

The risk of suicide is very high in this population, and to the best of his knowledge, NRx is the first company to try to bring therapy to people whose only treatment option is electroshock therapy, Willard said.

The drug is an oral, fixed-dose combination of D-cycloserine and lurasidone. NRX-101 targets the brains N-methyl-D-aspartase (NMDA) receptor. The Phase II STABIL-B trial of the drug in Severe Bipolar Depression with Acute Suicidal Ideation & Behavior (ASIB) showed a significant improvement over existing therapy in decreasing depression and suicidality compared to placebo when patients received the drug after a single dose of ketamine.

Based on the STABIL-B results, the FDA granted a Special Protocol Agreement and Breakthrough Therapy Designation for NRX-101 in patients with Severe Bipolar Depression with ASIB.

The company also received a Biomarker Letter of Support. These letters describe the FDA Center for Drug Evaluation and Research (CDER)s thoughts on the potential value of a biomarker while encouraging continued evaluation. It doesnt qualify the biomarker or endorse a specific biomarker test or device. The goal is to enhance the visibility of the biomarker, encourage data sharing, and potentially stimulate more studies.

Willard indicated they believe there is potential for commercial launch in 2024 and were on track for Phase IIb/III data later this year.

The companys meeting with the FDA in the quarter also resulted in guidance from the agency for the completion of NRxs manufacturing for Phase III/commercial stage investigational product. This resulted in the Phase IIb/III trial to be upgraded, with the potential for use as a registrational filing.

In the first quarter, the trials independent Data Safety Monitoring Board (DSMB) reviewed safety and unblinded efficacy data in the first 50 patients. Willard said, There was no futility signal at this time. And the DSMB recommended that the trial continue as planned.

In addition, NRx refined the way it validates the psychometric rating used to evaluate the efficacy endpoint in the trial. It depends upon a team of veteran rates who train independent site rates as well as monitor the technical quality of each rating. It set a standard of 90% or better concordance between its veteran rating team and site raters. The standard was met for all study participants whose ratings were obtained in their primary language and management believes that this standard can be maintained for the duration of the trial.

In April, NRx contracted with 1nHealth to broaden recruitment, Willard said. The recruitment could cover up to 45 U.S. states as part of the enlarged study. It also broadened its previously disclosed relationship with RTP-based Science 37, a CRO that focuses on decentralized clinical trials. This agreement plans to enroll participants identified via 1nHealths recruitment initiative and randomized them for inclusion in the broadened study.

Willard also reported the company is planning to study NRX-101 in post-traumatic stress disorder (PTSD). It hopes to begin planning for a Phase II trial in the second quarter for this indication, with plans to open enrollment this year.

Jonathan Javitt, company Founder and Chief Scientist, said in the conference call, We do anticipate filing the IND this year and from a registration perspective, in other words, sample size, we wont know until we have discussions with the FDA.

He added that the endpoints in PTSD are different than for bipolar depression, but there were overlaps in symptoms, including depression and suicidality.

For the first quarter, NRx reported $3.7 million in R&D expenses compared to $5.5 million in the same period in 2022. The drop of $1.8 million was primarily due to a reduction in clinical trials and development expenses associated with Zyesami. Zyesami was provided under the FDAs Expanded Access Protocol to treat Critical COVID-19 patients with respiratory failure. In May 2022, the DSMB recommended halting analysis of the drug in this patient population due to futility.

Seth Van Voorhees, Chief Financial Officer and Treasurer of NRx, said, that at the end of the quarter, the company had $16.5 million in cash and cash equivalent, which is expected to fund the companys operations through readouts in the fourth quarter.

Willard concluded, saying, The past quarter has been incredibly productive, and we are uniquely positioned for success in 2023.

Mark Terry is a freelance writer, editor, novelist and ghostwriter. He holds a degree in microbiology & public health and spent 18 years in infectious disease research and clinical and research genetics prior to his transition to a writing career. His areas of expertise include biotechnology, pharma, clinical diagnostics, and medical practice management. He has written literally thousands of articles, as well as market research reports, white papers, more than 20 books, and many other written materials. He currently lives in Michigan with his family.

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Google is throwing generative AI at everything – MIT Technology Review

Google is stuffing powerful new AI tools into tons of its existing products and launching a slew of new ones, including a coding assistant, it announced at its annual I/O conference today.

Billions of users will soon see Googles latest AI language mode, PaLM 2, integrated into over 25 products like Maps, Docs, Gmail, Sheets, and the companys chatbot, Bard. For example, people will be able to simply type a request such as Write a job description into a text box that appears in Google Docs, and the AI language model will generate a text template that users can customize.

Because of safety and reputational risks, Google has been slower than competitors to launch AI-powered products. But fierce competition from competitors Microsoft, OpenAI, and others has left it no choice but to start, says Chirag Shah, a computer science professor at the University of Washington.

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Its a high-risk strategy, given that AI language models have numerous flaws with no known fixes. Embedding them into its products could backfire and run afoul of increasingly hawkish regulators, experts warn.

Google is also opening up access to its ChatGPT competitor, Bard, from a select group in the US and the UK to the general public in over 180 countries. Bard will soon allow people to prompt it using images as well as words, Google said, and the chatbot will be able to reply to queries with pictures. Google is also launching AI tools that let people generate and debug code.

Google has been using AI technology for years in products like text translation and speech recognition. But this is the companys biggest push yet to integrate the latest wave of AI technology into a variety of products.

[AI language models] capabilities are getting better. Were finding more and more places where we can integrate them into our existing products, and were also finding real opportunities to provide value to people in a bold but responsible way, Zoubin Ghahramani, vice president of Google DeepMind, told MIT Technology Review.

This moment for Google is really a moment where we are seeing the power of putting AI in peoples hands, he says.

The hope, Ghahramani says, is that people will get so used to these tools that they will become an unremarkable part of day-to-day life.

Googles announcement comes as rivals like Microsoft, OpenAI, and Meta and open-source groups like Stability.AI compete to launch impressive AI tools that can summarize text, fluently answer peoples queries, and even produce images and videos from word prompts.

With this updated suite of AI-powered products and features, Google is targeting not only individuals but also startups, developers, and companies that might be willing to pay for access to models, coding assistance, and enterprise software, says Shah.

Its very important for Google to be that one-stop shop, he says.

Google is making new features and models available that harness its AI language technology as a coding assistant, allowing people to generate and complete code and converse with a chatbot to get help with debugging and code-related questions.

The trouble is that the sorts of large language models Google is embedding in its products are prone to making things up. Google experienced this firsthand when it originally announced it was launching Bard as a trial in the US and the UK. Its own advertising for the bot contained a factual error, an embarrassment that wiped billions off the companys stock price.

Google faces a trade-off between releasing new, exciting AI products and doing scientific research that would make its technology reproducible and allow external researchers to audit it and test it for safety, says Sasha Luccioni, an AI researcher at AI startup Hugging Face.

In the past, Google has taken a more open approach and has open-sourced its language models, such as BERT in 2018. But because of the pressure from the market and from OpenAI, theyre shifting all that, Luccioni says.

The risk with code generation is that users will not be skilled enough at programming to spot any errors introduced by AI, says Luccioni. That could lead to buggy code and broken software. There is also a risk of things going wrong when AI language models start giving advice on life in the real world, she adds.

Even Ghahramani warns that businesses should be careful about what they choose to use these tools for, and he urges them to check the results thoroughly rather than just blindly trusting them.

These models are very powerful. If they generate things that are flawed, then with software you have to be concerned about whether you just take the generated output and incorporate it into your mission-critical software, he says.

But there are risks associated with AI language models that even the most up-to-date and tech-savvy people have barely begun to understand. It is hard to detect when text and, increasingly, images are AI generated, which could allow these tools to be used for disinformation or scamming on a large scale.

The models are easy to jailbreak so that they violate their own policies against, for example, giving people instructions to do something illegal. They are also vulnerable to attacks from hackers when integrated into products that browse the web, and there is no known fix for that problem.

Ghahramani says Google does regular tests to improve the safety of its models and has built in controls to prevent people from generating toxic content. But he admits that it still hasnt solved that vulnerabilitynor the problem of hallucination, in which chatbots confidently generate nonsense.

Going all in on generative AI could backfire on Google. Tech companies are currently facing heightened scrutiny from regulators over their AI products. The EU is finalizing its first AI regulation, the AI Act, while in the US, the White House recently summoned leaders from Google, Microsoft, and OpenAI to discuss the need to develop AI responsibly. US federal agencies, such as the Federal Trade Commission, have signaled that they are paying more attention to the harm AI can cause.

Shah says that if some of the AI-related fears do end up panning out, it could give regulators or lawmakers grounds for action with the teeth to actually hold Google accountable.

But in a fight to retain its grip on the enterprise software market, Google feels it cant risk losing out to its rivals, Shah believes. This is the war they created, he says. And at the moment, theres very little to nothing to stop them.

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Binance-WazirX exchanges relationship clarified after long row; implications for WRX token price – FXStreet

WazirX exchange has finally clarified its relationship with Binance, sayingthe largest crypto exchange by trading volume controlsthe WRX token.

The India-based exchange also noted that Binance conducted the initial exchange offering (IEO) for its ticker, WRX, with confirmations that the Changpeng Zhao (CZ)-led firm kept all sale proceeds from the IEO.

Also Read: Ledger fights customers' "betrayal" claims; could restore increased faith in CEXs like Binance

The feud came after Binance stopped offering wallet services to WazirX with demands that the Indian exchange removes its assets from Binance. The matter escalated to Binance declaring the termination in a blog post. At the time, the leading exchange said the move resulted from WarziX's owner, Zanmai Labs, making misleading statements concerning their relationship.

This prompted an ultimatum from Binance:

Retract the statements and continue using the wallet services or end the partnership.

From Binance's point of view, Zanmai's response was unsatisfactory, leading to the termination of the partnership.

The two then set a February 3, 2023 (23:59 UTC) deadline to resolve the issue, which entailed Zanmai pulling funds from the WazirX operation accounts. Binance also allowed Zanmai to arrange the withdrawal of any remaining assets.

WazirX has revealed new revelations to end the long row between the Indian firm and Binance. The news came in a Twitter announcement on the exchange's official account, bringing clarity to contentious aspects of the debacle that has lasted months.

Based on the announcement, Binance controls and manages the wallets that hold locked and released WRX tokens and determines when these tokens are released in line with the WRX Release Schedule. The Indian exchange has supported the claims with a list of wallet addresses showing that Binance currently holds 580.78 million locked and unlocked WRX tokens.

Reportedly, from these unlocked tokens, Binance moved 11.68% of its WRX token holdings (116.8 million WRX tokens) to a treasury account on Binance.com in four different transactions spread across different dates. This marked the last burn event for the October-December 2021 quarter. In this burn series, the flagship exchange burned 9,633,333 WRX, equivalent to 47 Crores INR ($6 million) during the seventh burn event.

Moreover, the WazirX team, assured of never receiving any token allocations, said that Binance is responsible for the quarterly burn of WRX tokens. Notably, Binance has not performed the quarterly burn of WRX tokens for the past five quarters beginning January 2022.

WazirX proceeded to disclose details of the pending burns, indicating the number of WRX to burn in individual periods.

It should be noted that token burning in cryptocurrency is the process of permanently removing existing tokens from circulation by storing them in a dead wallet that is never accessed.

The strategy helps combat inflation risk while creating an environment for the value of the remaining tokens to appreciate. The hallmark of token burning is "less supply = high demand."

The two exchanges have been at odds for months, and with the new development, WRX holders hope that the new settlement presages a calm period for the exchange, with anticipations that WRX tokens will start to pump.

At the time of writing, WazirX (WRX) price is $0.125, a daily drop of around 5%. Nevertheless, the altcoin is up 0.5% in the lower timeframe. This points to a possible trend reversal in the WRX market after the latest development as the $0.120 support level has come to play.

WRX/USDT 1-hour chart

As shown in the one-hour timeframe (above), WRX is close to a previous swing low, from which it bounced around May 12 in tandem with the Relative Strength Index (RSI). With sufficient bullish momentum, WazirX price could pivot around this level to initiate a recovery. Traders could place the stop loss below $0.120.

Considering the RSI is currently hinting at a possible upward move, WazirX price could also rise. Notice, also, the buy signal, which would be confirmed once the RSI crosses above the signal line (yellowband), also favoring the upside.

Excerpt from:

Binance-WazirX exchanges relationship clarified after long row; implications for WRX token price - FXStreet

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Mars In Scorpio: What This Astrological Placement Really Means … – mindbodygreen

Nowadays,Scorpio is ruled by Pluto, but back in the Hellenistic astrology days, it was actually ruled by Mars. That said, Mars feels right at home in Scorpio, and it makes senseScorpio is the sign that rules sex, and Mars is definitely a passionate planet.

Then take Pluto, the planet of transformation and rebirth, and we start to get a clear picture on how having a Scorpio Mars results in intensity and unmatched depth.

As astrologerDesiree Roby Antilapreviously told mindbodygreen, folks with Mars in Scorpio are relentless, with an ability to get through, around, over, and under any obstacle. "They have a really strong drive, but again, they're fixed, so whenever Mars is in a fixed sign, it tends to make the person pretty stubborn," she notes.

This can look like having a hard time letting things go, holding grudges, being vengeful, etc., which is telltale Scorpio energy. They also have a tendency to push themselves to the point of burnout, which is something to watch out for.

And according to astrologerMolly Pennington, Ph.D., a Scorpio Mars placement will likely fly under the radar with an air of mystery. "People might just walk up to them not knowing that they're dealing with a Scorpionand it's about to sting," she explains.

This is all part of the Scorpio Mars strategy of protecting and guarding itself against vulnerability. "They have this deep, emotional side, almost like wars of the heart that are deep down underneath it all," Pennington says, adding that those wars are often long lasting, and they bring a "battlefield" mindset into all areas of their life.

Take Taylor Swift as a classic example of Scorpio Mars energy. She has a Scorpio Mars, and her insistence on rerecording all of her music to get the rights under her own name is a prime example of this placement's willingness to win at any cost.

Excerpt from:
Mars In Scorpio: What This Astrological Placement Really Means ... - mindbodygreen

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