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November 6, 2024 β€’ 3 mins

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2024-11-06

Good morning rebels, Happy Wednesday! Here comes your daily dose of digital dynamics! 🌊

AI Engineering

  • AI Startup Perplexity to Triple Valuation to 9B in New Funding Round: Perplexity AI plans to raise significant funds, raising its valuation to $9 billion, highlighting strong investment interest in AI startups. link
  • DeepMind debuts watermarks for AI-generated text: DeepMind introduces watermarks to identify AI-generated text, aiming to tackle misinformation and enhance content authenticity. link
  • Tencent Hunyuan-Large: Tencent announces the launch of Hunyuan-Large, its advanced AI model aimed at competing in the generative AI sector. link
  • Pm-AMM: A Uniform Automated Market Maker for Prediction Markets: New cryptocurrency model Pm-AMM optimizes prediction markets, enhancing liquidity and user experience in decentralized finance. link
  • Why the deep learning boom caught almost everyone by surprise: Analysis explaining the unexpected rapid advancement in deep learning technologies and its impact on various sectors. link

Crypto

  • Paxos launched USDG global dollar network with partners Robinhood and Kraken. link
  • Altcoins uncertain as US election reveals shifting crypto landscape; Bitcoin remains stable. link
  • SWIFT's tokenized fund settlement pilot with UBS and Chainlink successfully completed. link
  • Proposal for Bitcoin as a US strategic reserve to promote monetary stability discussed by BPI. link
  • Mt. Gox transfers $2 billion in Bitcoin, raising speculation about future repayments. link

Startups

  • AI safety advocates urge tech founders to slow down AI advancement to mitigate risks. link
  • Google announces the opening of an AI hub in Saudi Arabia to foster innovation in the region. link
  • As generative AI technology improves, discussions arise surrounding its impact on artistic professions. link
  • Nvidia reaches a significant milestone as the world's largest company, driven by the AI sector boom. link
  • A unique AI developed for monitoring behavior during Election Day demonstrates responsible functioning. link

AI Research

  • DreamPolish introduces a novel approach for scoring domain relevance using progressive geometry generation, enhancing model adaptability.

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