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The Most Versatile AI for Speech Generation

Plus: GPT-4 Can Use Tools

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Cash Nut
June 19, 2023

In Today’s Edition

  • Binance.US Reaches Agreement With SEC to Avoid Full Asset Freeze

  • Starya Mobility Bags Funding To Help Convert Petrol Two-Wheelers To Electric

  • Here's the note Reddit sent to moderators threatening them if they don't reopen

  • Meet GoDigital, the happiness-obsessed company that wants to buy Vice Media

  • Introducing Voicebox: The Most Versatile AI for Speech Generation

  • GPT-4 Can Use Tools - Now That's a Big Deal

  • New Nano-Tattoos Don't Need Batteries or Wires

🚀Startups Nuts

Binance.US and the SEC have agreed to repatriate Binance.US customer assets while the SEC's lawsuit against the platform continues, avoiding a complete asset freeze. This comes after the SEC accused Binance and its founder, CZ, of mishandling customer funds, misleading investors and regulators, and violating securities rules. Binance.US maintains that all customer assets, exceeding $2.2 billion according to the SEC, are safe and secure.

The startup was founded in 2018 by A B Sachin Anchan, Bharath Rao K S, Gowrav Lakshmegowda, Mallikarjuna Nagesh, and Ravikumar Jagannath. Starya has announced partnership with Exedy Clutch to explore new ideas and innovation. The tech innovation by the two partners will help EV users climb gradients of 21 degrees and upwards depending on speed and load.

🏭Business Nuts

Some moderators participating in the protest against the Reddit API changes received messages from the company saying to reopen their subreddits or be removed from their positions. Many large subreddits have reopened out of fear that their mod teams will be forcibly replaced. A Reddit spokesperson has confirmed that moderators taking part in the protest may be in violation of the code of conduct. The company is planning to pursue changes that would let regular users vote moderators out more easily.

GoDigital plans to bid for Vice Media on Tuesday. Vice is selling itself out of bankruptcy. If there’s more than one bid for the company, an auction will take place on June 22. GoDigital’s ethos of happiness and tapping into the “Zone of Genius” is far different than Vice Media’s original culture of in-your-face debauchery.

📱Tech Nuts

Voicebox is an AI model from Meta that can perform speech generation tasks that it wasn't specifically trained to do through in-context learning. It can produce high-quality clips and edit pre-recorded audio while preserving the content and style of the audio. Voicebox is multilingual and can produce speech in six languages. Examples of clips generated by Voicebox are available in the article.

The GPT API was recently updated with a tool called function calling. Function calling allows GPT to call out to external code, databases, or other APIs whenever it needs to. GPT can decide which tools to use and when. This ability makes GPT models significantly more powerful as it helps them overcome many of their limitations. It also makes some open-source projects obsolete. OpenAI's release should remind developers that projects built at the infrastructure layer can be easily obviated by a future OpenAI update.

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🎁Miscellaneous

Researchers from Istanbul have created nanotattoos capable of passive wireless communications with nearby devices without the need for an external power source. Backscattering-based nanotattoo sensor (BNTS) tattoos are made by painting a zinc oxide ink containing embedded nanowires on top of a graphene aerogel conductive ink using separate needles. As the tattoos change shape, they convert mechanical energy into electrical energy. Data from the tattoos can be extracted using a smartphone. The tattoos can be placed on any surface, not just on the human body.

💡What else are we reading and seeing?

  • Mark Zuckerberg Was Early in AI. Now Meta Is Trying to Catch Up

  • Phishing Frenzy: School Kids Are Stealing Millions of Dollars of NFTs — to Buy Roblox Skins

  • The end of megafunds

  • The Cava IPO had a secret ingredient

😎Fun Fact

The New York Stock Exchange (NYSE) has a trading floor that is larger than a football field, spanning over 20,000 square feet.

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