CryptoNews

Ethereum Bounces Back: Surpasses 2-Year Low Against Bitcoin Following Erroneous SEC Announcement

January 11, 2024
On Jan. 9, 2024, ethereum’s value relative to bitcoin plummeted to its lowest level since November 2021. Yet, in the past 24 hours, ether has rallied, gaining 3.66% against bitcoin, recovering from this two-year low. Ether Rebounds Strongly in Wake of SEC Misstep On Wednesday, ethereum (ETH) experienced a 4.32% increase in value against the U.S. dollar, contrasting with bitcoin’s (BTC) 3.97%…
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CryptoNews

Ethereum Steals the Spotlight — SEC's Approval of 11 Bitcoin ETFs Meets Tepid Market Reaction

January 11, 2024
In a landmark decision, the U.S. Securities and Exchange Commission (SEC) approved 11 spot bitcoin exchange-traded funds (ETFs), a move long anticipated by crypto enthusiasts. Despite this historic regulatory nod, the price of bitcoin witnessed stale action over the past 24 hours. In striking contrast, ethereum rallied, marking a 9.1% rise on Wednesday, overshadowing bitcoin’s…
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AI & RoboticsNews

AI-driven drug discovery is poised to boom in 2024

January 10, 2024
AI-driven drug discovery is about to boom in 2024, if the fast and furious pace of announcements timed to coincide to this week’s 42nd annual JP Morgan Healthcare conference are any clue. One of the biggest headlines came yesterday from Isomorphic Labs, a unit of Google’s parent company Alphabet company which is led by Google DeepMind founder Demis Hassabis. Isomorphic collaboration with Lilly…
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AI & RoboticsNews

Samsung forges ahead with AI for all message

January 10, 2024
Samsung put much of the marketing punch of its CES 2024 event behind the idea of making AI for all, using the transformational force of AI in the cause of democratizing technology. It was a familiar theme of the day at the press day for the big tech trade show in Las Vegas…
AI & RoboticsNews

Why Writer’s Palmyra LLM is the little AI model that could for enterprises

January 10, 2024
Writer, a three-year-old San Francisco-based startup which raised $100 million in September 2023 to bring its proprietary, enterprise-focused large language models to more companies, doesn’t hit the headlines as often as OpenAI, Anthropic or Meta — or even as much as hot LLM startups like France-based Mistral AI. But Writer’s family of in-house LLMs, called Palmyra, may well be the little…
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