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Produced by Daniel Aharonoff & Mogul Media AI

Meta's Llama 3: A New Era in Open Source AI

Meta's Llama 3: A Game-Changer in Open Source AI The air was thick with anticipation at the recent Meta AI Day in London, where executives unveiled the highly awaited details of Llama 3, the next evolution in the company's open-source large language model. This announcement marks a pivotal moment in the landscape of artificial intelligence, promising to reshape both the competitive terrain and the fundamental approach to AI development. What We Know About Llama 3 Nick Clegg, Meta’s President of Global Affairs, confirmed that Llama 3 will be rolled out within the next month, consisting of multiple models tailored for various capabilities and versatility. The key highlights include: Parameters : Llama 3 boasts an impressive 140 billion parameters, double the capacity of its predecessor, Llama 2. Infrastructure Investment : Meta is building a formidable compute infrastructure, planning to deploy 350,000 H100 GPUs by year-end, far exceeding the resources utilized by OpenA...
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Produced by Daniel Aharonoff & Mogul Media AI

Revolutionizing European Industries: Real Examples of Public Blockchain Adoption by Major Institutions

As an Ethereum expert, I have been closely following the adoption of blockchain technology by European institutions. It is exciting to see major companies taking steps towards implementing this revolutionary technology in their operations. Here are some real examples of European institutions using public blockchains:

Banco Santander

Banco Santander, one of the largest banks in Europe, has been a pioneer in adopting blockchain technology. In 2021, the bank launched a blockchain-based platform called One Pay FX, which allows customers to make international payments in a matter of seconds. The platform uses Ripple's xCurrent technology and is currently available in Spain, the UK, Brazil, and Poland.

Volvo

Volvo, the Swedish car manufacturer, has also been exploring the use of blockchain technology. In 2020, the company announced that it has implemented a blockchain-based system to track the cobalt used in its electric car batteries. By using blockchain technology, Volvo can ensure that the cobalt used in its batteries is ethically sourced and does not contribute to human rights abuses.

BBVA

BBVA, another major bank in Europe, has also been experimenting with blockchain technology. In 2020, the bank conducted a blockchain-based syndicated loan transaction with Red Electrica, a Spanish electricity company. The transaction was completed in just a few hours, compared to the usual several days it takes to complete a similar transaction using traditional methods.

European Union

The European Union has also been exploring the use of blockchain technology in various areas. In 2021, the European Commission launched a blockchain-based system called the European Blockchain Services Infrastructure (EBSI). The platform allows for secure and efficient communication between European institutions and is expected to be used in areas such as customs, health, and supply chain management.

Conclusion

These real examples of European institutions using public blockchains demonstrate the potential of this technology to revolutionize various industries. From banking to car manufacturing to government, blockchain technology has the potential to increase efficiency, transparency, and security. As an Ethereum expert, I am excited to see more institutions adopting blockchain technology in the future.

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