Companies globally have sped up the release of LLMs via OpenAI's innovative ChatGPT bot

Good morning tech fam, here are some quick tech updates for you to catch on to!

What's New Today: To protest layoffs and WFO regulations, some 2,000 Amazon employees will walk out.

Fast-Track Insights: Singapore issues a license for digital tokens to Crypto.com.

The DingTalk chat software, which is similar to Slack, and the Tingwu meeting assistant are both products of Alibaba Group Holding Ltd. Tongyi Qianwen, a large language model (LLM) created by Alibaba Cloud, is now the engine behind conversations with Tongyi Tingwu, a new iteration of the assistant. It assists by reviewing audio and video data and producing written summaries, and it is now available for use by anybody. The cloud division announced in a statement on Thursday that DingTalk will also incorporate that bot.

Many internet firms, including Amazon.com, have experienced major layoffs. Several Amazon staff members have decided to demonstrate in opposition to mandatory work-from-home policies, mass layoffs, and the company's environmental effects. A walkout by over 2,000 Amazon workers is planned. Around 1,800 employees worldwide, including 870 at the Seattle headquarters, have promised a walkout, according to Amazon Employees for Climate Justice, a climate change advocacy group established by Amazon employees.

Data science hailed as the cornerstone of the 21st-century technological revolution, has transformed industries with its ability to extract insights from data. However, a closer examination reveals that data science is a discipline that has only recently emerged, bridging the gap between a data-poor past and a future dominated by intelligent systems. With the proliferation of digital platforms such as the internet, social media, e-commerce, and IoT devices, we are now inundated with vast amounts of data.

Cryptocurrency exchange Crypto.com has finished applying for a license in Singapore after receiving preliminary clearance there in June. The Monetary Authority of Singapore (MAS) has officially granted Crypto.com it is Major Payment Institution (MPI) license for its Digital Payment Token (DPT) services, the exchange said on Thursday. As stated by Kris Marszalek, CEO of the Singapore-based exchange, "The Monetary Authority of Singapore is recognized globally as a regulator that ensures responsible innovation of the digital assets sector."