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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

Transformative Shift: COTI Leads the Future of Privacy with Ethereum Layer 2 Adoption

million, to fuel the holistic development of its ecosystem. This initiative is designed to support projects and developers who are aligned with COTI's mission of enhancing privacy, security, and scalability within the Ethereum ecosystem. The Ecosystem Growth Fund represents a significant investment in the future of blockchain technology and underscores COTI's dedication to fostering innovation and growth within the industry.

Advancing Privacy with Garbling Circuits Technology

  • COTI's transition to Ethereum Layer 2 signifies a strategic shift towards scalable privacy solutions within the blockchain space.
  • The adoption of Garbling Circuits technology enhances the speed, efficiency, and security of COTI V2, positioning the firm as a pioneer in privacy-focused initiatives.
  • Garbling Circuits technology opens doors to a wide range of applications, including privacy-preserving wallets, decentralized exchanges (DEXs), private AI training, governance mechanisms, and more.

Partnership with Soda Labs and Multi Party Computation (MPC)

  • Soda Labs, a key player in cryptographic Multi Party Computation (MPC), has secured funding from the COTI Foundation to drive research and development efforts in garbling protocols.
  • Avishay Yanai of Soda Labs expressed enthusiasm for the collaboration, highlighting the potential of garbled circuits and secure MPC innovations in shaping the future of web3.
  • The partnership aims to expand the practical applications of garbling protocols and other cutting-edge MPC technologies, ensuring a secure and scalable privacy network for COTI users.

Commitment to End-to-End Privacy Solutions

  • COTI's strategic partnership with Soda Labs coincides with its transition to Ethereum Layer 2, reinforcing the company's commitment to privacy and security.
  • The combined efforts of both entities seek to create an end-to-end application that enables confidential transactions for clients of all sizes while adhering to regulatory standards.
  • By allocating significant resources to privacy-focused initiatives and research, COTI is poised to lead the way in developing secure and scalable solutions for the evolving needs of the blockchain ecosystem.

Ecosystem Growth Fund and Future Development

  • The launch of the Ecosystem Growth Fund with 400 million COTI tokens (equivalent to $25 million) underscores COTI's dedication to holistic ecosystem development.
  • This fund will support projects and developers aligned with COTI's mission, driving innovation and growth within the blockchain industry.
  • Through strategic partnerships, innovative technologies, and a commitment to privacy, COTI is well-positioned to shape the future of blockchain technology and drive positive change within the industry.

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