What's New Today: Google's Chatbot "Bard" Made a Single Error that Caused Alphabet to Lose $100 Billion.
Fast-Track Insights: Coin Cloud, One of the Biggest Cryptocurrency ATM Providers, Has Declared Bankruptcy in the United States.
ChatGPT is the storm in the technological arms race. Days after its release, tech companies of all sizes are copying the technology to develop a format that works for their product offerings. Numerous entrepreneurs have begun creating similar technology in response to large tech firms, some of which are very innovative. Numerous entrepreneurs have begun creating similar technology in response to large tech firms, some of which are very innovative. Gita GPT is one such endeavour that can respond to all of your questions on the lectures from the Bhagavad Gita. The "revolutionary chatbot" Gita GPT claims to be powered by OpenAI's GPT-3. The platform contains the phrase, "With Gita GPT, you may easily and interactively get insight and clarity on your life's decisions."
Alphabet Inc's market worth decreased by $100 billion on Wednesday as a result of its new chatbot providing false information in a promotional video and a lacklustre corporate event, fueling concerns that the Microsoft Corp. rival is gaining distance on Alphabet Inc. During regular trading, Alphabet shares fell as much as 9% on volume that was nearly three times the 50-day moving average. After hours, they reduced their losses and were nearly flat. After losing 40% of its value the previous year, the stock has gained 15% this year, barring Wednesday's losses. Google's advertising for the chatbot Bard, contained a factual error concerning which satellite captured the first images of a planet outside of our solar system. The error was first discovered by Reuters.
Recently, a lot of Twitter users have complained that they frequently have technical difficulties when utilizing the microblogging service. Twitter was reportedly unavailable for some users, mostly those in the US. Twitter has experienced some problems today, according to Elon Musk, but should soon be "totally back on track." Musk tweeted the following in response to a tweet concerning Twitter's issues: "Currently, there are many internal and external problems. Later tonight, we ought to be totally back on track." In an earlier response to the problem, Twitter support posted on its official handle, "For some of you, Twitter may not be functioning as it should. Thanks for your patience. We are aware of the issue and trying to fix it." Prior to the
According to the sources, after the Securities and Exchange Commission (SEC) decided that the cryptocurrency exchange Kraken broke the law with its on-chain staking service, which the regulator determined to be an issue of unregistered securities, the market as a whole entered a correction zone on Thursday. Applying this ruling to all U.S.-based exchanges will probably cause billions of dollars in damages, and it is an obvious indication that the government is taking a tough stance to control the rogue asset class. Data from TradingView reveals that after the SEC's announcement, the price of Bitcoin (BTC) fell below support at $22,500, reaching a daily low of $21,700 in the late afternoon, and appearing ready to rise again.
According to the sources, Coin Cloud, a company that operates ATMs for digital assets, has voluntarily filed for Chapter 11 bankruptcy. Coin Cloud reported an estimated 5,000–10,000 creditors in its case with the U.S. bankruptcy court for the District of Nevada. In addition, the company estimated that its total assets range between $50 million and $100 million while its total liabilities fall between $100 million and $500 million. Crypto lender Genesis Global Trading Inc. is listed as Coin Cloud's largest unsecured creditor, with a total claim of $116,353,435. After deducting the value of collateral, Genesis Global Trading's unsecured claim amounts to $108,568,655, the filing shows.
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