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Google’s artificial intelligence (AI) subsidiary DeepMind said the company’s forthcoming AI system will be “more capable” than OpenAI’s ChatGPT.
According to a report from Wired, Demis Hassabis, the CEO of DeepMind, says the company’s Gemini AI is a large language model (LLM) that utilizes text similar to ChatGPT’s processes but will be equipped with new capabilities like planning or problem-solving.
The system will be based on technology and techniques used in AlphaGo, an early AI system developed by DeepMind in 2016.
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🇩🇪 German regulator reportedly rejects Binance's crypto custody license demand
The Federal Financial Supervisory Authority (BaFin), the German financial regulator has reportedly rejected Binance’s crypto custody license application.
The news was first reported by Forward Finance citing people familiar with the matter. Later Cointelegraph reached out to Binance to confirm the same and a spokesperson from the firm said that they are “unable to share details of conversations with regulators,” while adding:
“We continue to work to comply with BaFin‘s requirements. As expected, this is a detailed and ongoing process. We are confident that we have the right team and measures in place to continue our discussions with regulators in Germany.”
@DeCenterOrg
The Federal Financial Supervisory Authority (BaFin), the German financial regulator has reportedly rejected Binance’s crypto custody license application.
The news was first reported by Forward Finance citing people familiar with the matter. Later Cointelegraph reached out to Binance to confirm the same and a spokesperson from the firm said that they are “unable to share details of conversations with regulators,” while adding:
“We continue to work to comply with BaFin‘s requirements. As expected, this is a detailed and ongoing process. We are confident that we have the right team and measures in place to continue our discussions with regulators in Germany.”
@DeCenterOrg
@DeCenterOrg
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The update to the company’s privacy policy came on July 1 and can be compared to previous versions of the policy via a link published on the site’s update page.
In the latest version, changes can be seen that include the addition of Google’s AI models, Bard and Cloud AI capabilities, to the services it may train by using “information that’s publicly available online” or from “other public sources.”
The policy update infers that Google is now making it clear to the public and its users that anything that is publicly uploaded online could be used in its training processes with the current and future AI systems it develops.
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🇺🇸 SEC Chair Gary Gensler says crypto is a highly speculative asset class filled with fraud.
@DeCenterOrg
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📉 SpaceX wrote down the value of Bitcoin it owns by a total of $373 million last year and in 2021 and has sold the cryptocurrency.
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@DeCenterOrg
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