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Top Tech News: Google Launches Gemini Live, Crypto Wallet Infolding US$2B

Google unveils Gemini Live: The next evolution in AI-driven conversations to rival ChatGPT voice mode

Supraja

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

What’s New Today: High Court orders fairer hiring practices: Exam dates to take precedence over certificate issuance dates

Fast-Track Insights: Mt. Gox wallet initiates US$2B Bitcoin test amid ongoing creditor payout

Google unveils Gemini Live: The next evolution in AI-driven conversations to rival ChatGPT voice mode

Google announced the new addition of Gemini Live to its platform to match OpenAI's ChatGPT Voice Mode. It took the wraps off at the 2024 Made by Google event—in a presentation destined to change how users interact with AI. The enhanced feature will enable more fluid conversations, better choices of voice, and change along with preferences, seamlessly, in real-time.

Different from competitors by built-in support for 10 diverse voices, free-flowing conversations, and integration into the broader Google ecosystem, Gemini Live seems to be a direct competitor to ChatGPT Voice Mode but is sold as a more dynamic and personalized user experience. Launching this capability likely increases competitive intensity within the AI landscape, pushes the envelope on AI, and establishes a new norm for AI-informed interaction.

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High Court orders fairer hiring practices: Exam dates to take precedence over certificate issuance dates

The Punjab and Haryana High Court has delivered a landmark judgment wherein it has instructed recruitment agencies in Punjab, Haryana, and Chandigarh to consider the date of passing an examination and not the date of issuance of the certificate while considering candidates for appointment. This decision arose from the case of Harpreet Kaur, whose application was rejected because of delayed receipt of the B.Ed. Although having passed the exam well before the cut-off date, he was denied a degree. The court averred that candidates who meet qualifications on time should not be penalized due to procedural delays in certificate issuance.

It is a step towards bringing justice into the recruitment exercise by taking into consideration the efforts and qualifications of the candidates, where administrative lags should not cause them to miss a job opportunity. Emphasis on the date for the examination enables the court to ensure that no qualified candidate is outrightly denied the employment opportunity, thus making the process of hiring within the region fairer.

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Generative AI: A Timeline of Technological Breakthroughs

Generative AI has emerged as a transformative force in the field of artificial intelligence, revolutionizing how we create, interpret, and interact with digital content. From generating realistic images to crafting human-like text, the capabilities of Generative AI are vast and continually expanding. The evolution of Generative AI has been marked by numerous technological breakthroughs, each contributing to the sophisticated systems we see today. This article explores the history of Generative AI, highlighting key milestones, and provides insights into the future of Generative AI.

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Mt. Gox wallet initiates US$2B Bitcoin test amid ongoing creditor payout

A crypto wallet holding US$2 billion in Bitcoin from the defunct Mt. Gox exchange conducted a test transaction on August 13, 2024, which is related to the ongoing distribution process to creditors. Blockchain analytics firm Arkham Intelligence suggests that the wallet likely belongs to BitGo, one of the five service providers responsible for distributing the recovered funds. This test transaction came two weeks after a large transfer of 33,100 BTC, worth US$2.2 billion, from some Mt. Gox cold wallet.

Investors are on high alert as over 140,000 BTC and an equivalent volume of Bitcoin cash are about to be distributed, with creditors now in a position to cash in after a decade of waiting by selling their assets. Prices of Bitcoin have slid below US$54,000 with the event of token distribution by the trustee overseeing Mt. Gox's assets, which started in early July. The approved exchanges for the repayment of creditors are Bitbank, BitGo, Bitstamp, Kraken, and SBI VC Trade. Mt. Gox addresses now hold 46,000 BTC compared to 141,000 on July 1.

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