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World's First AI Software Engineer

Plus: WormGPT Wreaks Havoc

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Read time: 3 minutes

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Cognition has introduced Devin, the world's first AI software engineer, capable of autonomously writing code, crafting websites, and developing software from a single prompt. Devin excels in various engineering tasks, outperforming previous AI models on platforms like Upwork and SWE-Bench coding benchmarks, and is designed to collaborate with human engineers, enhancing productivity and efficiency. Its diverse capabilities range from learning new technologies and building applications to debugging and training AI models, revolutionizing software development by automating routine tasks.

WormGPT, an AI model similar to ChatGPT, is being used by cybercriminals on the dark web to conduct large-scale cyberattacks and generate malicious content with ease. This AI model is designed specifically for illegal activities, enabling even novice hackers to execute sophisticated phishing and email scams. Despite efforts by companies like OpenAI and Google to counteract such misuse, the presence of tools like WormGPT and PoisonGPT poses significant risks, including the spread of disinformation and increased cyber threats.

At the KDDI Summit 2024, OpenAI Japan CEO Tadao Nagasaki announced GPT-Next, an AI model that will be 100 times more powerful than GPT-4, with improved architecture rather than increased computing resources. He highlighted the rapid growth of ChatGPT, which has over 200 million active users, and noted Japan's historical enthusiasm for innovation as a reason for establishing OpenAI's first Asian base there. Nagasaki, who previously led Amazon Web Services Japan, expressed OpenAI's commitment to advancing AI technology and supporting its integration into the world.

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WEB3

Dogecoin cryptocurrency

Outlier Ventures' report argues that Bitcoin halving events no longer significantly impact BTC price due to a maturing crypto market, with the last notable influence occurring in 2016. Recent price movements are more influenced by Bitcoin ETFs and macroeconomic factors, such as the post-Covid capital injection in 2020. The report suggests that investors should now focus on these broader economic drivers rather than the traditional four-year halving cycle.

The 2022 crisis in the cryptocurrency market has spurred innovation, leading to the rise of tokenized money market funds that offer a way to generate yield. These funds combine the speed and efficiency of crypto with the safety of government-backed Treasury bills, providing a secure option for collateral and margining. Additionally, new strategies like derivatives structures are emerging to help Bitcoin holders generate yield without the risks associated with traditional lending, marking a shift towards integrating income generation in crypto portfolios.

The X accounts of Lara and Tiffany Trump were hacked to promote a fake cryptocurrency token linked to World Liberty Financial, leading to warnings from Eric Trump against engaging with the fraudulent posts. This incident is the latest in a series of scams falsely associated with the Trump family crypto project, which has included other dubious tokens like DJT and Restore the Republic. The Trump family has been promoting World Liberty Financial, speculated to be part of their larger Ethereum-based crypto initiative..

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