Bitcoin’s price held steady in its first week post-halving despite record exchange-traded fund (ETF) outflows.
Stay informed on the latest developments in the tech world with the Investing News Network’s round-up.
All eyes were on major tech players this week as they reported their latest quarterly results.
Bitcoin was holding steady in the US$63,000 range heading into the weekend.
Amazon Titan Text Embeddings V2 enhances the existing model for creating embeddings, which are numerical representations crucial for generating accurate responses in various AI applications. This updated version improves accuracy and reduces the computational resources and storage requirements needed for text processing, allowing developers to create more efficient and sophisticated AI applications that understand language more effectively.
The Amazon Titan Image Generator has also been made generally available on Amazon Bedrock, along with Meta’s Llama 3. Cohere’s Command R and Command R+ are “coming soon,” according to a press release. Amazon Bedrock is also rolling out Guardrails, a built-in safeguard against harmful content.
The probe was announced just days after Tesla reported its Q1 results. During an earnings call, Musk reaffirmed his commitment to the previously announced unveiling of an autonomous robotaxi on August 8.
A stablecoin bill may “soon” be ready to be sent to the US House of Representatives, according to Maxine Waters, the top Democrat on the House Financial Services Committee.
The news has strengthened hopes that such a bill could be signed into law ahead of the election.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
Leave a Reply