OpenAI held its much-anticipated Spring Update event on Monday where it announced a new desktop app for ChatGPT, minor user interface changes to ChatGPT’s web client, and a new flagship-level artificial intelligence (AI) model dubbed GPT-4o. The event was streamed online on YouTube and was held in front of a small live audience. During the event, the AI firm also announced that all the GPT-4 features, which were so far available only to premium users, will now be available to everyone for free.
Tag: Electronics
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Crypto: News
Crypto price chart reflected volatility with most altcoins trading in losses on Monday, May 13. Stepping into the third week of this month, Bitcoin saw its trading value remaining close to the mark of $60,000 (roughly Rs. 50 lakh). On Indian exchanges like WazirX, CoinDCX, and CoinSwitch, Bitcoin is trading at $65,477 (roughly Rs. 54 lakh) after seeing a minor gain of 0.78 percent. Internationally, BTC is trading at $60,999 (roughly Rs. 50.9 lakh) on exchanges like Binance, Coinbase, and CoinMarketCap.
Ether showed a slight price dip on Monday. The second most popular asset on the crypto chart, ETH recorded a loss of 1.43 percent to trade at $3,119 (roughly Rs. 2.60 lakh) on Indian exchanges like CoinDCX. Internationally, the asset is priced somewhere around $2,883 (roughly Rs. 2.40 lakh).
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Google Chrome: Update
Google Chrome has been updated with fixes for a zero-day security flaw that was being actively exploited in the wild, according to the search giant. The vulnerability affects a component in Chrome that renders web content on a user’s screen, allowing attackers to take advantage of a user’s computer when a user visits a maliciously crafted website. Chrome users on all desktop computer platforms will need to ensure that their browser is updated to the latest version in order to ensure that they are safe.
According to details shared by the company in a blog post, the latest stable versions of Google Chrome for Windows, macOS, and Linux includes a fix for a security flaw with a ‘High’ severity rating. Google says it has patched a use after free vulnerability (CVE-2024-4671) is related to the Visuals component on Chrome, reported by an anonymous external researcher.
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Crypto Market Update
The crypto chart reflected more gains than price dips on Friday, May 10. Bitcoin recorded a minor price hike of 2.03 percent to trade at $66,115 (roughly Rs. 55.2 lakh) on Indian exchanges like CoinSwitch. On international exchanges, meanwhile, the asset is trading at a slightly lower price point of $62,879 (roughly Rs. 52.5 lakh). In the last few days, Bitcoin has retained its value in the same bracket. Market analysts have pointed out that technical indicators like the RSI suggest a potential dip back to $60,000 (roughly Rs. 50 lakh) for BTC in the coming day
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Microsoft Copilot: New Feature
Microsoft will soon introduce new artificial intelligence (AI) features that will help users who struggle with writing prompts or getting the desired result from its Copilot chatbot in one go. On Wednesday, the tech giant announced that it is working on several new features all designed to assist in improving Copilot results. These features include auto-complete, rewrite, and catch-up. Additionally, it is also working on a Copilot Lab feature that will help organisations get tailor-made prompts for their specific work needs.
In a blog post made by Microsoft and its subsidiary LinkedIn, the companies highlighted how AI has impacted the workspace. The post shared various reports and statistics highlighting how AI is creating new jobs and pushing professionals towards upskilling and switching jobs to enter the AI space. It also mentioned several new features the tech giant was working on which targeted at those who struggle with writing prompts
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Moto: News
Moto Buds and Moto Buds+ have been launched in India. The true wireless earphones were unveiled in Europe in April. They feature Hi-Res Audio certifications, dynamic active noise cancellation (ANC) support, triple mic systems, and water-repellant designs. The earphones are claimed to pair seamlessly with the Moto Buds application. The Moto Buds+ are claimed to offer “Sound by Bose” which suggests that the audio has been tuned and certified by the American audio equipment manufacturer.
Moto Buds are priced in India at Rs. 4,999 and customers can get a Rs. 1,000 instant discount on ICICI Bank credit cards, bringing the effective price down to Rs. 3,999. These earphones are currently offered in three Pantone-curated colors – Coral Peach, Glacier Blue, and Starlight Blue. They are expected to launch with a fourth Kiwi Green option soon.
Moto Buds+ is listed in the country at Rs. 9,999. ICICI Bank credit card users can get a Rs. 2,000 instant discount at the time of purchase, bringing the effective price down to Rs. 7,999. They come in Beach Sand and Forest Grey colorways.
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Crypto: News
Bitcoin on Wednesday, May 8 showed a minor dip of 1.45 percent which it incurred over the last 24 hours. The asset, most expensive on the crypto chart, is presently trading at the price point of $66,695 (roughly Rs. 55.6 lakh) on Indian exchanges like CoinSwitch. On international exchanges like CoinMarketCap, the value of Bitcoin is hovering over the mark of $62,600 (roughly Rs. 52.2 lakh). In a noteworthy development, Bitcoin has clocked one billion transactions this week for the first time since its inception in 2015.
Ether has been performing better than Bitcoin in recent days. The second most popular crypto asset after BTC, ETH is presently trading at $3,194 (roughly Rs. 2.66 lakh) after logging a small loss of 1.78 percent. On foreign exchanges like CoinMarketCap, the asset is priced at $3,009 (roughly Rs. 2.51 lakh).
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Crypto Wallet
The senior leadership at Vodafone is looking to integrate the blockchain technology with its operations. The concept of crypto wallets has also grabbed the attention of the UK-headquartered telecom giant in recent times. David Palmer, the lead of Blockchain initiatives at Vodafone spoke about some company plans during a recent interview with Yahoo Finance. Palmer hinted that blockchain networks, crypto wallets, smartphones, and SIM cards may all come together for a big Web3 twist to Vodafone’s services around the world.
In the next six years, Palmer sees billions of smartphones into circulation. In the same duration, the number of crypto wallets is also expected to see a big jump given that the sector is already heading towards regulated adoption in several nations.
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Grok
X, the social network owned by Elon Musk, will start summarizing news events inside the app by using xAI’s chatbot, Grok.
The AI-generated summaries will rely on user tweets — not third-party news articles — and will only be available to premium subscribers, the company announced on Friday. The feature, called “Stories,” doesn’t currently cite any news outlets, but Musk told the tech newsletter Big Technology that better citations are on the way.
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Peer-to-Peer (P2P) Trading
When two individuals or entities decide to exchange any asset directly between each other, this process is referred to as peer-to-peer (P2P) trading. In these transactions, the need for a mediator is eliminated, which reduces the fee of this mediator, hence making the process of transactions more cost effective. Before cryptocurrencies were introduced, computers used the P2P method to process file sharing. Now, crypto assets can be exchanged directly between two parties – bringing the element of decentralization to financial transactions.
Satoshi Nakamoto, the anonymous creator of Bitcoin had intended to reduce the reliance on centralised organisations like banks – to process financial transactions between two or more entities. To do so, Nakamoto created Bitcoin as the world’s first cryptocurrency, that could process financial transactions and get them validated on encrypted blockchains rather than from a centralised intermediate. P2P crypto exchanges are more private than traditional transactions and are largely anonymous.
To complete a pure P2P crypto transaction, one party enters the wallet details of the other one to process the transaction. In order to simplify this process even further alongside adding a layer of security to these transactions – crypto exchanges came into the picture. It is, however, noteworthy that despite smartly worded advertisements, crypto exchanges do not perform P2P transactions. These firms fall under the regulations of the countries they are operating in.