Weekly Bytes about AI, Data Science & Web3 - CW 48
This Week in AI, Data Science and Web3
Welcome to this week's edition of Weekly Bytes, where we dive into the latest and most exciting developments in the world of Artificial Intelligence, Web3, and Data Science! From groundbreaking collaborations shaping the future of LLMs to innovative platforms revolutionizing data management, we've got a range of technological advances that are sure to pique your interest. We're also celebrating a milestone in AI history with the one-year anniversary of ChatGPT and a host of new AWS features announced at re:Invent 2023.
?? Artificial Intelligence
Scale AI and NVIDIA Team Up to Revolutionize LLMs with HelpSteer
Scale AI has joined forces with 英伟达 to create HelpSteer, a dataset designed to elevate the capabilities of LLMs through the NVIDIA NeMo SteerLM technique. This collaboration aims to give developers the power to fine-tune the nuances of AI communication, such as complexity and verbosity, ensuring that LLM responses are more controlled and tailored to specific inference needs. More on this.
Teradata Launches AI Unlimited on AWS
天睿 has announced the availability of Teradata AI Unlimited on Amazon Web Services (AWS) , now accessible in private preview through AWS Marketplace. This serverless AI/ML engine enables data scientists, engineers, and developers to innovate using data at scale. Featuring Teradata's ClearScape Analytics, it offers cost-effective exploration and discovery in a secure environment integrated with AWS. Teradata AI Unlimited supports Bring-Your-Own-Model capabilities, operationalizing models trained on Amazon SageMaker or other services. It provides access to data in various open file formats and will soon support Open Table Format for data lakes like Apache Iceberg and Delta Lake. The solution streamlines the transition from prototype to production, offering a consumption model that minimizes costs and simplifies analytics setup and deployment. More on this.
A Revolutionary Distributed Execution Engine for AI Data Processing
Voltron Data has launched Theseus, a new distributed execution engine, addressing the challenges of processing large-scale data sets crucial for AI. Designed to outperform CPU-based systems like Apache Spark , Theseus is available for enterprises, government agencies, and through partners, with HPE being the first to integrate it. This innovative engine addresses the growing gap between GPU and CPU performance, crucial for AI's scalability. Theseus, built for hardware acceleration, supports a range of semiconductors and integrates seamlessly into existing data platforms, offering flexibility and efficiency in handling AI data challenges. This launch marks a significant advancement in the field of AI, providing a scalable and efficient solution for processing large data sets. More on this.
Enhanced Domain Models for Diverse Applications
LangChain and Arcee AI have collaborated to provide a flexible and powerful solution for creating Domain Adaptive Language Models (DALMs). With Arcee's generators and retrievers, users can build a wide range of AI applications, from basic retrievers to fully autonomous systems. The integration allows for the processing of large-scale data sets with domain-specific understanding, addressing the major flaw of general language models' lack of domain knowledge. The setup process is streamlined, enabling users to easily install necessary packages and set up the environment. Users can train their own DALMs using Arcee's platform and leverage APIs for more personalized applications. Arcee's models, which are hosted on the user's Virtual Private Cloud (VPC), eliminate data privacy concerns and rate limits, granting full ownership of the models and data. More on this.
Enhance Your Skills with Neo4j-Powered GPT-4 Recommendation Chatbot Course
Neo4j is revolutionizing the way we interact with data through its comprehensive AI and graph database management courses. One such offering is a practical course that harnesses the capabilities of LLM Fundamentals with GPT-4 to create a Movie Recommendation Chatbot. This course ventures beyond the basics of chat functionalities, guiding participants through the process of constructing a chatbot that adeptly navigates the Neo4j Recommendations Dataset. The chatbot developed in this course is not just informative but also engaging, capable of handling a variety of movie-related queries—from tallying Tom Hanks' film appearances to identifying the most popular movies in the database, and even suggesting films for fans of classics like "The Matrix" and "Casino." This course is an ideal blend of AI and data analytics, perfect for individuals looking to build interactive data-driven solutions. More on this.
IBM Collaborates Launch Generative AI Fundamentals Course on Coursera
IBM has teamed up with Coursera to introduce a new Generative AI Fundamentals Specialization. This comprehensive course covers the basics of generative AI, including its applications across various sectors and industries. The specialization includes modules on prompt engineering, foundation models and platforms, and an exploration of ethical issues and the broader impact of generative AI. Additionally, it discusses the future of AI and professional growth opportunities in the field. Designed for those interested in understanding and applying generative AI, the course aims to provide a solid foundation in this rapidly evolving technology. More on this.
?? Web3
Talos Partners with Uniswap Labs and Fireblocks to Enhance Institutional DeFi Access
Talos , a leader in technology for institutional digital asset trading, has partnered with Uniswap Labs and Fireblocks to revolutionize decentralized liquidity and onchain settlement for professional traders and institutions. This collaboration integrates Uniswap Labs' Trading APIs into Talos's system, providing clients with access to a vast DeFi liquidity pool and the upcoming UniswapX ecosystem for better pricing and enhanced trading features. The partnership, supported by Fireblocks' robust digital asset management platform, marks a significant stride in combining institutional-grade access with the expansive asset range and liquidity depth of Uniswap. This integration will allow Talos clients to utilize advanced execution strategies, like the TWAP algorithm, across both centralized and decentralized liquidity venues, signaling a major advancement in digital asset accessibility and trading efficiency. More on this.
Reclaims $4.7 Million Following Security Breach
Decentralized exchange KyberSwap has successfully recovered $4.67 million of the $47 million lost in a recent hacking incident. The funds were drained from its concentrated liquidity pools, predominantly affecting the Polygon and Avalanche networks. This recovery was achieved through negotiations with front-running bot operators who extracted about $5.7 million during the hack. These operators agreed to return 90% of the funds, keeping a 10% bounty for themselves. Meanwhile, negotiations with the main hacker, who targeted KyberSwap's Elastic pools across various blockchains and exploited a vulnerability in the liquidity pools, have not shown significant progress. More on this.
dYdX Chain Launches Trading Rewards Following Governance Vote
dYdX Chain, a prominent decentralized derivatives trading protocol on the Cosmos-based Layer 1, has started distributing trading rewards in DYDX tokens to its users. This development comes after the successful launch of full trading and a favorable governance vote. The protocol, which shifted from Ethereum to its standalone Layer 1 on Cosmos, has seen significant trading activity with over $1.86 million in trades since its beta mainnet launch two weeks ago. Additionally, dYdX has introduced a six-month incentive program worth $20 million in DYDX tokens, aiming to boost adoption and trading volume while curbing abusive trading practices. This move marks a significant step in dYdX's evolution as the leading decentralized derivatives platform, which has processed over $1 trillion in volume since 2020. More on this.
Basechain Surpasses $10 Million in Weekly Cumulative Revenue
According to Token Terminal , Basechain, an innovative Layer 2 solution using the Optimism stack, has achieved a significant milestone. It has surpassed $10 million in weekly cumulative revenue, supported by about 1 million active monthly addresses. This achievement underlines the growing popularity of scalable, easy-to-build infrastructure that provides developers with vast user access and distribution. Basechain, launched by Coinbase , offers a secure and scalable platform with direct access to Coinbase’s 110 million verified users and Ethereum’s 108 million users. Despite the lack of a native token, which is a common incentive in competitors, Basechain’s focus on consumer apps like Friend.tech and Blackbird has driven its early success. Its integration into Coinbase's vision suggests a strategic move towards owning infrastructure for future finance and consumer apps, marking a pivotal shift in the company's approach towards a decentralized financial ecosystem. More on this.
Google Cloud Advances in Web3 with EigenLayer Testnet Participation
Google Cloud has joined the Eigen Labs testnet, collaborating with over 65 operators in the Operator Working Group. This move is part of a strategic entry into Web3, with EigenLayer's mainnet deployment anticipated in the first half of 2024. Google Cloud's integration into the Web3 ecosystem expands, evident from its previous engagement as a Polygon validator and partnership with LayerZero Labs . Despite the tech giant's growing involvement in decentralized infrastructure, some community members express concerns over potential impacts on decentralization. More on this.
领英推荐
DAOs: Pioneering the Next Macro Cycle in Web3 and Beyond
Decentralized Autonomous Organizations (DAOs) are set to revolutionize both the Web3 domain and traditional sectors with their expanding influence. Initially confined to the digital realm with projects like Maker, Uniswap, and Aave, DAOs are now making significant strides in areas such as scientific research funding and crisis response. Notable examples include VitaDAO in longevity research and UkraineDAO's role in crisis fundraising. These developments highlight the potential of DAOs to democratize funding, governance, and intellectual property across various fields, signaling a significant shift towards decentralized models in both digital and real-world applications. More on this.
MicroStrategy Boosts Bitcoin Portfolio with $593 Million Purchase in November
微策略 has significantly increased its Bitcoin holdings, purchasing approximately $593 million worth of Bitcoin throughout November. This acquisition involved 16,130 Bitcoin, averaging nearly $36,000 each, bringing the company's total holdings to roughly 174,530 Bitcoin, valued at about $5.2 billion at a purchase price of $30,000. This move follows a notable purchase in June when the company bought 12,000 Bitcoin over two months. Despite a dip in Bitcoin's price following this disclosure, it remains above $37,000. MicroStrategy's founder Michael Saylor views the potential launch of spot Bitcoin ETFs as a major positive event for entities with Bitcoin exposure, including his own company. This aggressive investment strategy underscores the company's bullish stance on Bitcoin, particularly in light of upcoming events like the Bitcoin halving and ETF-related developments. More on this.
?? Data Science
Five Strategies for Integrating Data & Analytics Across Your Company
Christine Legner , alongside the Competence Center Corporate Data Quality (CC CDQ) team, outlines pragmatic strategies for embedding data and analytics throughout an organization. Key recommendations include broadening data access with catalogs and marketplaces, encouraging self-service for data insights, improving data literacy with tailored training, fostering data practice communities, and utilizing corporate communication to promote data culture. These steps, drawn from successful digital natives and incumbents, aim to transition companies into data democracies, enhancing decision-making and innovation. More on this.
AWS Unveils New Features at re:Invent 2023
At AWS re:Invent 2023, Amazon Web Services (AWS) unveiled a series of new features and services, showcasing its commitment to innovation in cloud technology and artificial intelligence. Key highlights include:
These announcements reflect AWS's focus on pushing the boundaries in cloud computing, AI, and machine learning, offering new tools and services for a wide range of applications across industries. More on this.
Hitachi Vantara's Innovative Platform Enhances Data Management for AI and GenAI Applications
Hitachi Vantara has unveiled Pentaho+, an advanced data management platform, designed to enhance AI and Generative AI (GenAI) applications. Pentaho+ automates complex data management tasks, offering self-service and cloud-agnostic solutions to improve data quality across diverse environments. The platform supports the integration and processing of various data types, ensuring reliable and comprehensive data insights. It features modular components for easy integration and scalability, including real-time data processing, a user-friendly data catalog, and a data storage optimizer. Available globally, Pentaho+ marks a significant step in providing clean, accurate data for leveraging AI technologies in business strategies. More on this.
Starburst Data Unveils Enhanced Analytics Features for Simplified Data Lake Operations
Starburst Data Inc. has announced enhancements to its platform, simplifying analytics on data lakes and facilitating the creation of data-intensive applications. Key updates include support for real-time analytics with streaming ingestion through Apache Kafka, storage in Apache Iceberg format, and automated data classification and maintenance. Starburst's Gravity layer now automatically applies classifications, policies, and enables the creation of shareable, secured data products across various sources and clouds. Additionally, Starburst introduces self-service analytics features like text-to-SQL processing, utilizing a fine-tuned version of OpenAI LP's ChatGPT AI engine. These features will be available on AWS's fastest hardware and integrate with AWS tools such as QuickSight and Bedrock. More on this.
?? Special this Week
Discover PromptHub, the state-of-the-art platform for prompt engineers. This tool provides an unparalleled environment for testing prompts at scale with batch capabilities, making it a must-have for anyone in the field. Perfect for fine-tuning and experimenting with prompts, PromptHub will take your prompt engineering to new heights. Learn more about PromptHub.
Also, Steve Nouri turned my attention to Chatbase , a breakthrough in website integration for GPTs. Ideal for enhancing customer support and sales, Chatbase allows you to create and customize your own GPT using your data sources and instructions. With features like website embedding, UI customization, human handoff, white labeling, and more, Chatbase turns your website into an AI-powered hub. Integration with community tools and advanced analytics make it a game-changer for user engagement. Learn more about Chatbase.
?? Personal Highlights of this Week
This week marks the one-year anniversary of ChatGPT, a period characterized by remarkable advancements in AI. However, recent concerns about security vulnerabilities in ChatGPT are making waves, exposing training data and sensitive information through simple prompting techniques. This situation underscores the importance of exercising caution when interacting with Large Language Models (LLMs) to prevent the exposure of sensitive data or Personally Identifiable Information (PII). At the Swiss Data Science Center hackathon, my teammates Angelos Selviaridis , Ludovic Pourrat , and I sought to address this challenge head-on by developing a privacy layer to protect PII and sensitive data in LLM interactions. This effort is becoming increasingly important as the use of LLMs grows. The event, a melting pot of academia, private and public sectors, provided an enriching platform for collaboration and learning. I would like to express my sincere gratitude to the Swiss Data Science Center for organizing this valuable event.
#AI #DataScience #Web3 #Blockchain #TechTrends #WeeklyBytes #AINews
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