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THE DAILY INDEX

Technology, AI, software, security, crypto and business

Across today’s newsletters

Today’s Index

AND WINDOWS

Meta and Microsoft have announced the support for Llama 2, a family of large language models, on Azure and Windows, marking its first commercial release. The partnership enables developers to build, fine-tune, and deploy Llama 2-powered models on Azure while also optimizing for local use on Windows. It aims to bolster Azure’s model catalog, democratize AI, and reinforce Microsoft’s position as a global supercomputing platform for AI, while also upholding responsible AI practices through safety measures and risk mitigation.

CUSTOMERS

Amidst regulatory concerns, Coinbase is terminating its Borrow program for retail customers, officially sunsetting it on November 20. The move comes after it disallowed new loans earlier in May. Borrow users have until the end date to repay any remaining balances, and Coinbase will sell any Bitcoin collateral needed to close the loans. This decision is confined to retail customers and doesn't impact institutional users or Coinbase Prime customers. The decision to scrap the Borrow program happens amidst ongoing legal dispute between Coinbase and the SEC.

SYSTEM

The US Federal Reserve is set to launch FedNow, a service that will allow US citizens to send and receive funds in seconds. FedNow has been in the works since 2019. It will launch with 41 banks and 15 service providers, with more banks and credit unions to be onboarded later this year. FedNow payments will settle directly in central bank accounts. There will be no fees from FedNow to use the service. FedNow has a maximum payment limit of $500,000, but banks can choose to lower that cap if required.

TEACHING ROBOTS TO TEACH OTHER ROBOTS

Lifelong Learning (LL) is a growing area of machine learning research in which AI agents continually learn as they encounter new tasks while retaining knowledge of previous tasks. A team of LL researchers recently discovered that AI agents can quickly learn a wide range of tasks by sharing knowledge with each other at the same time. Their system has many similarities with the concept of crowdsourcing. The researchers believe that their technique could transform any field that requires vast, diverse knowledge or dealing with complex systems.

GITHUB COPILOT CHAT BETA NOW AVAILABLE FOR EVERY ORGANIZATION

A limited public beta release of GitHub Copilot Chat is now available to enterprise companies and organizations on Visual Studio and VS Code. GitHub Copilot Chat turns GitHub Pilot into a context-aware conversational assistant, allowing developers to execute tasks with prompts. The feature will help developers create much faster and democratize software development as we know it. Information on how organization admins can enable the feature is available in the article.

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