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What’s New Today: Philips Hiring an Experienced Accounting Specialist PTP
Fast-Track Insights: German Government's Bitcoin Holdings Plunge to US$285M
OpenAI has introduced a series of five stages to monitor its advancement in creating artificial intelligence software that surpasses human capabilities, marking the company's latest initiative to enhance public comprehension of its approach to safety and AI's future. This framework categorizes AI intelligence into five stages of complexity.
OpenAI asserts that while ChatGPT currently exhibits characteristics of Level 1, it is on the verge of reaching Level 2. At this stage, AI intelligence is comparable to that of a PhD recipient in problem-solving. Level 3 AI is capable of executing tasks on behalf of the user autonomously. Level 4 AI showcases the ability to create new ideas and inventions.
The ultimate goal, Level 5 AI, represents the highest level of achievement, emulating the collective work of an entire organization, thereby achieving Artificial General Intelligence (AGI).
Philips is looking for an Accounting Specialist PTP position for their Chennai office. In this role, you'll have the chance to pursue your passion for finance and accounting while enhancing your skills in this field. The ideal candidate will be responsible for handling both electronic and manual bank transactions, processing payroll and tax-related payments, and conducting bank reconciliations.
Also, the candidate will be tasked with managing the month-end close process, overseeing the payment of invoices, preparing and submitting paperwork for internal controls (ensuring timely completion and high quality), managing the process of approving invoices, including obtaining direct approval from the business operations department, and overseeing the approval of invoice workflow.
Artificial intelligence has come to be a transformational force in reshaping industries and thereby transforming everyday life. From autonomous cars to streaming service recommendations, the use of AI in various fields is huge, and it touches many aspects of human life. Learning AI brings mega career opportunities and equips one with a most-needed technological skill that is effectively remolding the future.
The German government has witnessed a decrease in their Bitcoin holdings, dropping below US$300 million as the nation has engaged in a widespread divestment of the top cryptocurrency. This prolonged situation has resulted in significant selling activity, impacting the market.
However, it seems a resolution might be on the horizon. The cryptocurrency market is currently dealing with an unforeseen twist due to the German government's large-scale divestment of Bitcoin. This move surprised many investors and put considerable pressure on the Bitcoin price over the past few weeks. Nevertheless, it appears to be moving closer to its conclusion.
At present, the government holds only US$284 million in Bitcoin. This represents a significant decline from the nearly US$3 billion it possessed earlier in the year. Since June 20th, they have sold the assets to cryptocurrency companies such as Kraken, Coinbase, Bitstamp, and Cumberland. This week, the sales intensified, and it seems the entire stockpile has been nearly depleted.
