Major indexes slid this week as market participants adjusted their interest rate expectations.
Meanwhile, the Bitcoin halving is approaching, and some experts are urging buyers to exercise caution. Also this week, the company that made humanoid robots a reality introduced a new and improved version.
Stay informed on the latest developments in the tech world with the Investing News Network’s round-up.
In the weeks leading up to the highly anticipated halving event, Bitcoin has experienced heightened volatility as investors speculate on the potential impact of reduced mining rewards. The price initially dropped from US$63,350 to US$60,022 in after-hours trading on Thursday (April 18). However, it recovered later that night, experiencing a 4.55 percent increase to reach US$62,750 just before 1:00 a.m. EDT. This was followed by another price surge to US$64,985 at 3:00 a.m. EDT. As of 3:00 p.m. EDT on Friday, Bitcoin had experienced a 9 percent upswing in the prior 24 hours.
After months of strong growth, US tech stocks are experiencing pullbacks.
Llama 3 features several improvements over the previous model, including reduced false refusal rates, meaning that Llama 3 is less likely to reject legitimate prompts and will give more engaging and varied responses.
According to Meta, Llama 3 is also better aligned with user values and goals, and was trained on a “high-quality human evaluation set” containing 1,800 prompts on 12 use cases, such as creative writing, asking for advice and summarization.
Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.
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