The Future of AI on X

Plus: Hermes 3

In partnership with

AI

Read time: 5 minutes

Elon Musk's X has launched Grok-2 and Grok-2 mini in beta with enhanced reasoning and image generation capabilities, currently available to Premium users. The new AI models are expected to improve chat, coding, and reasoning functionalities and will be accessible to developers via an enterprise API later this month. However, early users have already noted the lack of guardrails around politically sensitive image creation, raising concerns ahead of the U.S. presidential election.

Lambda, in partnership with Nous Research, has launched Hermes 3, an advanced open-source AI model based on Meta’s Llama 3.1, featuring powerful agent capabilities and an unexpected tendency to experience existential crises when given a blank prompt. This model, particularly in its largest 405B parameter version, showcases complex role-playing, advanced reasoning, and decision-making skills, making it highly adaptable and useful for a wide range of applications. Despite its occasional existential confusion, Hermes 3 is optimized for efficiency and performs competitively with other open-source models.

Nvidia is aiming to revolutionize the health care industry by integrating AI technologies to accelerate drug discovery, medical diagnostics, and other innovations, potentially reducing costs and improving patient outcomes. Despite regulatory and ethical challenges, Nvidia's advancements with platforms like Clara and BioNeMo have shown promise in transforming medical processes and treatments.

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WEB3

XRP, has surged 6.16% in the past 24 hours, making it the second best-performing asset among the top 100 cryptocurrencies, according to CoinMarketCap. The token has reclaimed the $0.6 level and formed a bullish golden cross pattern, indicating strong momentum despite its history of volatility. This recent rally follows a significant price increase in early August after a favorable summary judgment in the SEC v. Ripple case.

Tyler Winklevoss, co-founder of Gemini, has urged 50 million American cryptocurrency owners to pressure Vice President Kamala Harris to fire SEC Chair Gary Gensler before the November presidential election, arguing it would end the “war on crypto”. He emphasized the political power of crypto holders and called for a clear commitment to fair treatment from both political parties. His brother, Cameron Winklevoss, also emphasized the need for concrete actions rather than superficial promises from Harris regarding the crypto industry.

The Bitcoin Hash Ribbons indicator has signaled the potential end of miner capitulation, suggesting miners are becoming more efficient and re-entering the market. Despite hitting record lows in daily revenue, mining difficulty reached an all-time high in early August, leading to reduced miner profit margins.

MARKETING

Meta is enhancing its ad system to better align with individual business objectives, offering new customization features like Conversion Value Rules and an opt-in attribution setting for incremental conversions. These updates aim to improve ad performance by allowing advertisers to specify the value of different customer segments and integrate their external analytics tools directly with Meta's system. Initial testing has shown significant improvements in conversions, and the changes will be rolled out gradually, starting with campaigns focused on conversion volume or value.

Query refinements in Google shopping SERPs help users find products quickly, significantly impacting clicks and revenue. By analyzing over 28,000 shopping keywords, it was found that refinements typically focus on gender, location, attributes, and price, and are highly aligned with product filters on desktops. E-commerce sites can leverage these refinements to enhance user experience and drive sales, though refinements are strictly focused on product attributes and often lack synonyms or branded terms.

Currently being tested by a small group of users and publishers. SearchGPT aims to enhance search by offering conversational capabilities and highlighting high-quality content, with a focus on supporting publishers and creators by prominently citing and linking to their sites. The prototype also includes tools for publishers to manage their appearance in SearchGPT, and feedback is encouraged to improve the system.

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