Skip to main content

Featured Story

Produced by Daniel Aharonoff & Mogul Media AI

Google AI Launches Gemma: New Open Source Language Models

Google AI Launches Gemma: A Game-Changer in Open Source Language Models Today marks a significant milestone in the realm of artificial intelligence as Google AI, a division of the tech giant, unveiled Gemma—a new family of open-source language models derived from their recently released Gemini suite of AI tools. This strategic move positions Google to directly compete with leading language models like Meta's LLaMa and Mistral, bringing forth a fresh wave of innovation. A Commitment to Open Source and Responsible AI Demis Hassabis, co-founder of Google DeepMind, articulated the company's philosophy in a recent tweet, stating, "We have a long history of supporting responsible open source and science, which can drive rapid research progress." This commitment to democratizing AI technology underscores Google's vision of making AI accessible and beneficial for all. Key Features of Gemma Gemma is released in two distinct versions: Gemma 2B : A lightweight m
Post a Comment
Read more
Produced by Daniel Aharonoff & Mogul Media AI

Plummeting Institutional Crypto Trading Volume in North America: The Impact of U.S. Bank Failures

Institutional crypto trading volume in North America experienced a significant decline following a series of high-profile U.S. bank failures in March. These failures, which included banks such as Silicon Valley Bank, Signature Bank, and Silvergate, had a profound impact on the crypto industry, particularly in terms of accessing US dollar liquidity. As a result, crypto businesses were forced to seek banking support offshore, leading to a contraction in crypto activity in the region. One notable consequence of this shift was the loss of presence for stablecoins in North America, with the region's share of crypto volume occupied by stablecoins dropping from 70.3% to 48.8% between February and June. This decline in institutional crypto trading volume highlights the challenges faced by the industry in the wake of banking failures, and raises questions about the future of stablecoins in North America.

Email Post

Comments

Post a Comment

Trending Stories