The Federal Reserve of the USA is all set to launch a digital payments system in July this year. Federal Reserve promises that the digital payment system will help accelerate the way money moves around the globe. Richmond Fed President Tom Barkin, who is the program’s executive sponsor, said, “FedNow, as it will be known,…
OpenAI announced the newer version of its primary large language model, GPT-4. OpenAI claims that the latest version exhibits human-level performance on many standardized tests. ChatGPT-4 is larger than earlier versions. It is trained on more data and has additional weights in its model file, therefore making it more costly to run as well. GPT-4 is a…
SpaceX plans to start testing its satellite-to-cell service of Starlink with T-Mobile this year, an executive of SpaceX reported. Jonathan Hofeller, SpaceX vice president of Starlink enterprise sales, said, “We’re going to learn a lot by doing — not necessarily by over-analyzing — and getting out there.” The market for space-based data services is widely recognized to have…
Tesla cuts prices for the Model S and Model X in the USA in an attempt to boost demand for these expensive cars with aggressive discounts. The Tesla Model S currently starts at $89,990, i.e. down around 5% from the earlier price. The Model X now starts at $99,990, with a 9% price cut. For the…
