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Top Tech News Today: OpenAI’s DALL-E 3: New Text-to-Image Model with ChatGPT. Distressed Crypto Exchange JPEX Seeks Deregistration in Australia

Harshini Chakka

DALL-E 3, an enhanced text-to-image generation model based on ChatGPT, is now free via OpenAI

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

What's New Today:  Cisco Dismisses 350 Employees in Recent Round of Job Reductions

Fast-Track InsightsDistressed Crypto Exchange JPEX Seeks Deregistration in Australia

OpenAI has released the latest version of its text-to-image generation model DALL-E 3 with enhanced ChatGPT integration. The combination with ChatGPT, according to OpenAI, will allow users to 'build extraordinary prompts' and bring their ideas to reality."Our new text-to-image model, DALLE 3, can translate nuanced requests into extremely detailed and accurate images," OpenAI claimed in a release regarding their latest generative AI-based solution.

The city of San Francisco Cisco will lay off 350 employees in Silicon Valley, California, next month as part of its latest wave of layoffs. According to Market Watch, the corporation disclosed this in a file with California's Employment Development Department. Cisco will lay off 227 employees in San Jose, California, and another 123 in nearby Milpitas, California, beginning October 16. In November 2022, the firm announced that it would cut 5% of its staff or approximately 4,000 positions.

In the rapidly evolving landscape of technology and innovation, Amazon Web Services (AWS) stands out as a leader in cloud computing services. AWS's commitment to staying at the forefront of emerging technologies is evident in its ongoing efforts to expand its team of AI and Data Science professionals. With the world increasingly relying on data-driven insights and artificial intelligence, AWS recognizes these experts' crucial role in shaping the future of cloud computing. Read More

JPEX, a troubled Hong Kong cryptocurrency exchange, has applied for deregistration in Australia. Jieyi Chen, director of JP-EX Crypto Asset Platform PTY LTD (JPEX), has filed a deregistration application with the Australian Securities and Investment Commission, according to a filing seen by Cointelegraph on September 20. JPEX states in the filing that all members of the firm agree to the deregistration, that the company is no longer doing business, that its assets do not exceed 1,000 Australian dollars, and that it has no liabilities.

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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.

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