Large language models (LLMs) are generally trained on large publicly available datasets that are domain agnostic. For example, Meta’s Llama models are trained on...
The U.K.’s energy regulator may allow household suppliers to boost their profit margins by 27% as the industry seeks stability during its emergence from...
A number of leading banks and financial institutions reported their quarterly earnings today. While some of them raced past estimates, some fell short and...
On January 17, 2023, the Board of Governors of the Federal Reserve System released detailed instructions for ts pilot climate scenario analysis exercise. The...
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The reputation of Sam Bankman-Fried’s trading company, Alameda Research LLC, served as...
Global banking giants are starting a 12-week digital dollar pilot with the Federal Reserve Bank of New York, the participants announced on Tuesday. This is a very Public Announcement, about a very private (old boys network only) pilot program funded by the Tax Payer. Citigroup Inc, HSBC Holdings Plc (HSBA.L), Mastercard Inc (MA.N), and Wells Fargo & […]
While some crypto analysts believe that Russia could evade the economic sanctions imposed on it through the use of crypto, new data from Chainalysis suggests otherwise.
The Swiss National Bank has worked with some leading financial institutions globally to look into central bank digital currencies (CBDCs). Through this partnership, the institution [...]
It is no surprise that central bank digital currency (CBDC) will be a game-changer for international and local businesses. Then regulators, consumers, and other stakeholders. Basically, CBDC is a digital form of fiat currency issued by a country’s central bank. It was trialed in China and is being explored in many other economies. That said, different trials are being scheduled for CBDCs […]