Google Will Join the AI Wars, Pitting LaMDA Against ChatGPT

MOUNTAIN VIEW, CALIFORNIA – FEBRUARY 02: A sign is posted in front of an office at Google headquarters on February 02, 2023 in Mountain View, California. Google parent company Alphabet reported lower-than-expected fourth quarter revenue with net income $13.62 billion, or $1.05 per share, compared to $20.64 billion, or $1.53 per share, one year ago. … Read more

Indian Crypto Exchange WazirX Moves Funds After Binance Cuts Off Service

Binance disclosed in a blog post earlier Friday that it had asked Zanmai Labs, the owner of WazirX, to remove funds from the accounts that it used for the exchange’s operations, citing “misleading claims related to Binance’s alleged role in and responsibility for operating the WazirX exchange.” Binance said it provided Zanmai wallet services “only … Read more

Nasdaq Rally Gets a Reality Check as Megacaps Miss

The Nasdaq MarketSite in New York, U.S., on Thursday, Feb. 3, 2022. Big technology earnings have prompted some extreme share price moves this season, with Wall Street’s expectations seemingly misaligned with company realities. Photographer: Michael Nagle/Bloomberg

Cyberattack Sends Derivatives Trading Back to the 1980s

Derivatives shops, used to clearing hundreds of billions of dollars in trades every day, found themselves in a dramatically different era this week: the old days of manually processing deals.

ECB Hikes By Half-Point And Vows More Before Reassessing

(Bloomberg) — The European Central Bank lifted interest rates by a half-point and pledged another such move before officials then take stock of where borrowing costs must go to tame inflation. Policymakers, as expected, raised the deposit rate to 2.5%, the highest since 2008. They warned that the most aggressive bout of monetary tightening in … Read more

Beware ChatGPT Trying to Teach Your Kids Math … or Anything

Will it get more accurate? Yes, but it’s hard to say by how much. The large language model underpinning ChatGPT is made up of 175 billion parameters, which are settings that are used to make the model’s predictions, versus the 1.5 billion that its predecessor GPT-2 had. It’s become accepted wisdom in AI that the more … Read more

India Says Its Path to Net Zero Must Pass Through Fossil Fuels

SONBHADRA, INDIA – NOVEMBER 22: A man stands near burning coal waste inside a coal mine on November 22, 2021 in Sonbhadra, Uttar Pradesh, India. India is rapidly transitioning to renewables, investing in widespread solar and wind installations, though it still remains reliant on coal for about 70% of its energy needs, media reports said. … Read more

Trump Sues Journalist Bob Woodward for Releasing Interview Recordings

Trump participated in 19 interviews in-person or by phone with Woodward between December 2019 and August 2020, as well as in 2016 when he was still a candidate, according to the complaint. Woodward’s book, , was published a month after the last interview. In October 2022, Simon & Schuster released the audiobook of the recordings, … Read more