QLN 31 (147) - XRP Victory, Claude 2 Launch, Data Privacy, Oceans Color, Euclid Launch & AI Weather Forecasting

This newsletter has 6 cover stories, 22 articles, 6 videos & 1 quote

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SMALL TALK

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Ripple's Labs XRP crypto coin wins its first battle against SEC

Ripple Labs achieved a favorable outcome in the Southern District of New York on July 13. Judge Analisa Torres ruled partially in favor of the company in a case initiated by the Securities and Exchange Commission in 2020. The documents revealed that Judge Torres granted summary judgment in favor of Ripple Labs. The ruling stated that the XRP token is not considered a security, but specifically in relation to programmatic sales on digital asset exchanges. The SEC's lawsuit against Ripple and its two chief executives has been ongoing since December 2020. The judgment lifted the whole crypto market and is being viewed as a revival catalyst for the battered digital assets.

New ChatGPT rival launches for open beta testing

Anthropic has unveiled Claude 2, an enhanced large language model (LLM) akin to ChatGPT with the ability to generate code, analyze text, and compose written pieces. Unlike the initial iteration released in March, users now have the opportunity to explore Claude 2 for free on a newly launched beta website. Additionally, Anthropic offers Claude 2 as a commercial API for developers. The company asserts that Claude 2 showcases significant progress in three fundamental domains: coding, mathematics, and reasoning. Claude 2 is now available for general use in the US and UK for individual users and businesses via its API.

Tax prep companies let Google & Facebook sell ads off your data

A report recently released by U.S lawmakers provides a detailed account of TaxAct, H&R Block, and TaxSlayer's utilization of Meta and Google's tracking pixels on their websites. This practice involves sharing taxpayers' data with these companies, potentially infringing upon legal regulations. The report highlights the extensive nature of data collection and sharing, even on web services where one would anticipate and trust the protection of personal information. This situation also underscores the prevalence and deep-rooted nature of this practice within the internet, largely due to the absence of privacy laws.

World’s oceans changing color due to climate breakdown

New research suggests that Earth's oceans are undergoing a color transformation, likely attributed to climate breakdown. The study reveals that the deep blue hue of the sea is gradually shifting towards a greener shade, with significant impact observed in regions near the equator and low latitudes. To investigate this phenomenon, the research team meticulously analyzed two decades' worth of data from Nasa's Modis-Aqua satellite, which offers comprehensive observations of the oceans. By examining patterns of change in the ocean's color spectrum, including red and blue, the researchers gained valuable insights into this evolving phenomenon.

The European satellite is poised to map the dark matter

Euclid, an ambitious telescope dedicated to mapping the Universe, is poised to embark on a groundbreaking journey in the field of cosmology. With a budget of €1.4 billion (US$1.5 billion), this mission represents the vanguard of a new generation of experiments. The primary objective is to unravel the mysteries behind this acceleration, determining whether it originates from dark energy—a pervasive characteristic of space—or another yet-unknown force. In addition to its investigation into dark energy, Euclid will meticulously map the distribution of ordinary, visible matter by studying the three-dimensional positions of a staggering 1.5 billion galaxies. This will allow for a comprehensive exploration of the enigmatic realm of dark matter.

Weather forecasting is having an AI moment

As the climate crisis intensifies, the frequency of punishing heat waves and extreme weather phenomena such as hurricanes and floods are expected to rise. This highlights the growing significance of generating precise weather forecasts. AI technology is playing an increasingly valuable role in this domain, as weather forecasting has witnessed an AI revolution in the past year. Utilizing AI for weather prediction offers a significant advantage: speed. Traditional forecasting models rely on intricate computer algorithms grounded in atmospheric physics, which can take hours to generate results. In contrast, AI models can swiftly produce forecasts in a matter of seconds.

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FK's MEDIUM BLOG

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OTHER ENGAGING READS

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VIDEO CORNER

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"Embrace the challenges, persist through adversity, and

ignite the flame of determination within you. With unwavering

dedication and a resilient spirit, you have the potential to

surpass even your own expectations. "

ChatGPT

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