Italy’s central bank will soon release guidelines on implementing the European Union’s Markets in Crypto Assets Regulation (MiCA) Regulation to ensure the payment system’s regular functioning, Bank of Italy Governor Fabio Panetta revealed on Tuesday. In his speech to the Italian Banking Association, Panetta highlighted that MiCA considers electronic money tokens (EMTs) and asset-reference…
AI agent benchmarks are misleading, study warns
July 8, 2024
AI agents are becoming a promising new research direction with potential applications in the real world. These agents use foundation models such as large language models (LLMs) and vision language models (VLMs) to take natural language instructions and pursue complex goals…
AI underwent a paradigm shift in November 2022, pivoting from a technology advancing in the background to a frontstage disruptor. Fast forward to now and we’ve already reached the next phase of generative AI, with consumers embracing the technology and organizations…
As generative AI, and in particular large language models (LLMs), are being used in more applications, ethical issues like bias and fairness are becoming more and more important. These models, trained on massive datasets, often reproduce societal biases present in the data.
Prompt engineering involves crafting specific input phrases to guide the behavior of AI models. It has been used to improve…
The Port of Los Angeles is getting closer to reaching its goal of zero emission operations, deploying five electric top handlers each capable of grabbing 100,000 lb. shipping containers and stacking them up to six high.
Visibly similar to forklifts, top handlers grab…
A German offshore wind farm in the North Sea will use Chinese-made turbines for the first time (and they’re mighty).
Hamburg-based clean energy asset manager Luxcara signed a preferred turbine supplier agreement with China’s Mingyang Smart Energy for the offshore wind…
The British Columbia Securities Commission (BCSC) said its investigation into Liquitrade’s crypto asset trading platform found that the company operated an illegal exchange. The probe also determined that users were trading contractual rights, not crypto assets, as the platform had claimed.
Latoken Users Trading Derivatives, Not Crypto Assets
On July 3, the British Columbia Securities Commission…
Several longtime holders of Bitcoin have reactivated dormant wallets, moving substantial amounts of BTC after years of inactivity. Bitcoin’s price dipped to $56,952 amid speculation related to the Mt Gox distribution and the German government’s transfer of 3,000 BTC.
Two days ago, a dormant bitcoin wallet moved over 1,000 bitcoins on July 5, and since then, two more notable awakenings have occurred in the past 48 hours. On Saturday, an address created in December 2013 spent approximately 149.99 BTC for the first time in over a decade. On…
Salesforce has unveiled an AI model that punches well above its weight class, potentially reshaping the landscape of on-device artificial intelligence. The company’s new xLAM-1B model, dubbed the “Tiny Giant,” boasts just 1 billion parameters yet outperforms much larger models in function-calling tasks, including those from industry leaders OpenAI and Anthropic. Meet Salesforce Einstein…
