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Good morning tech fam, here are some quick tech updates for you to catch on to!
What's New Today: Twitter talks about developing its own crypto wallet which will enable depositing and withdrawing cryptocurrencies, easily!
Fast-Track Insights: Google considers investing US$200 million into an artificial intelligence startup called Cohere Inc.
Rishi Sunak has been chosen to be UK's next Prime Minister following Liz Truss' controversial exit from office last week. Sunak constructed UK's latest crypto goals during his time as the Finance Minister. He plans to turn the UK into a global crypto hub, confirming that his time as the Prime Minister of India will surely serve new purposes for UK's crypto market. Besides under his supervision, the country's coin producer, the Royal Mint was tasked with creating NFTs, which haven't yet been launched.
Social media giant Twitter is working on a crypto wallet prototype that will enable users to deposit and withdraw cryptocurrencies. Twitter rolled out a new feature that will make it possible for users to tip content creators with Bitcoin, last year. Now, this alleged addition to crypto wallet facilities might potentially turn the platform into a full-fledged Web3-driven platform.
Deepkapha AI researchers introduce a new deep learning network called 'Veernet'. It is a novel transformer-based deep learning network that will deploy the self-attention process to recognize unique and distinct curves in a single track. This proposed approach focuses on digitizing raster well-log pictures to simplify them and promote a less manual approach to solutions.
Alphabet-owned Google is in talks with an artificial intelligence startup called Cohere, Inc. Google might invest US$200 million, according to reports, as the bug tech giant is gearing up to excel in the escalating arms race amid big tech companies. Cohere basically develops natural language processing systems that developers can use to create AI applications for businesses, including tools like chatbots to understand human speech and text.
Jitendra Singh, the Indian Union Minister has assured that over 30 lakh officials in the central and state governments will be trained and exposed to emerging technological advancements like artificial intelligence, blockchain, and machine learning by 2023. The initiative will aim to make governance more effective by providing excellent service delivery from the grassroots level.
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