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NVIDIA introduces GenAI-Perf, a new tool for benchmarking generative AI models, enhancing performance measurement and optimization. (Read More)
This is the first time Googles taken the top slot on the Chatbot Arena leaderboard.
Llama 3.1, an open model, demonstrates varying performance across providers, emphasizing the importance of benchmarking, according to together.ai. (Read More)
Sui's Fastcrypto library achieves new speed records in cryptographic functions through continuous benchmarking, as highlighted at the ICPE 2024 conference. (Read More)
Explore how NVIDIA's GenAI-Perf tool benchmarks Meta Llama 3 model performance, providing insights into optimizing LLM-based applications using NVIDIA NIM. (Read More)
NVIDIA introduces Exemplar Clouds to standardize AI cloud infrastructure benchmarking, ensuring transparency and performance across cloud providers. (Read More)
After the most recent increase in the federal funds rate, the U.S. Federal Reserve is set to raise the lending rate by 25 basis points (bps) to 5.25% in three days, according to expectations. A recent poll of 105 economists revealed that 94 of them predict a 25bps rate hike will occur during the May [...]
The post US Central Bank Expected to Raise Lending Rate by 25bps: Experts Predict Final Hike of 2023 appeared first on Crypto Breaking News.
NVIDIA introduces DGX Cloud Benchmarking to optimize AI workload performance, focusing on infrastructure, software frameworks, and application enhancements. (Read More)
The South African fiat currency’s exchange rate versus the U.S. dollar plunged to a new all-time low of 19.7640 per dollar on May 25 just moments after the South African Reserve Bank raised the benchmark interest rate to its highest since 2009. Although the currency has since made some recovery, prediction models show that the
The post South African Rand Plunges to New Low After Benchmark Interest Rate Is Raised to 14-Year High appeared first on BTC Ethereum Crypto Currency Blog.
The Bank of England made an impactful move last Thursday, June 22, 2023, as it raised the benchmark bank rate to 5%, marking a significant 0.5 percentage point increase. This decision catapults the central bank’s rate to its highest level since 2008 and represents the most substantial surge in three months. Coinciding with this development, [...]
The post Study Shows Bank of England’s Rising Interest Rates Threaten 1.2 Million UK Households With Insolvency appeared first on Crypto Breaking News.
The U.S. Labor Department released the consumer price index (CPI) report on Tuesday. Although inflation increased in February year-over-year, the rise was expected, and the annual inflation rate for all items was 6%. The cooling inflation has eased some concerns, but fears of financial contagion have spread. Market strategists are further anticipating the U.S. central [...]
The post US Inflation Data Eases Concerns; Crypto Economy Jumps 11% Higher While Market Analysts Anticipate Fed’s Next Decision appeared first on Crypto Breaking News.
<p class="MsoNormal">Derivatives marketplace operator, CME Group, and cryptocurrency benchmark indices provider, CF Benchmarks, will launch three new Metaverse reference rates and real-time indices on January 30, the firms announced on Thursday. </p><p class="MsoNormal">The benchmarks, which will be calculated and published daily by CF Benchmarks, will provide “accurate and resilient pricing data” for tokens linked to the Axie Infinity (AXS), Chiliz (CHZ) and Decentraland (MANA) Metaverse-based platforms. The benchmarks will be published as non-tradable futures products, the firms said.</p><p class="MsoNormal">“Each of the new Axie Infinity, Chiliz, and Decentraland benchmarks will be calculated with pricing data from a minimum of two of these exchanges – Bitstamp, Coinbase, Gemini, itBit, Kraken, and LMAX Digital,” the firms disclosed in a statement, adding that the benchmarks will be based on “robust methodologies” and will be regularly vetted by experts.</p><p class="MsoNormal">The firms further noted that each benchmark will provide the US dollar price of each digital asset. These prices will be “published once-a-day at 4 pm London time,” <a href="https://www.financemagnates.com/tag/cme-group/" target="_blank" rel="follow">CME Group</a> and CF Benchmark said, further noting that each index will be published around-the-clock.</p><p>Check out this FMLS22 session on Metaverse and trading.</p><p class="MsoNormal text-align-justify">CME Group and CF Benchmark Aim for ‘Transparent, Regulated and Round-the-Clock Pricing’</p><p class="MsoNormal">Speaking in the statement, Giovanni Vicioso, CME Group Global Head of Cryptocurrency Products noted that the cryptocurrency industry has continued to see increased interest in <a href="https://www.financemagnates.com/cryptocurrency/the-metaverse-is-misunderstood/" target="_blank" rel="follow">Metaverse projects</a>. </p><p class="MsoNormal">"With increased price transparency across more cryptocurrency products, market participants will be able to price sector-specific portfolios, <a href="https://www.financemagnates.com/cryptocurrency/can-the-metaverse-facilitate-sustainable-growth-of-decentralized-finance-defi-systems/" target="_blank" rel="follow">develop structured products</a> with greater confidence and manage price risk around various Metaverse-based projects,” Vicioso explained. </p><p class="MsoNormal text-align-justify">Also speaking, Sui Chung, CEO of CF Benchmarks, expressed excitement at being able to provide investors with exposure to all types of digital assets through high benchmarking standards.</p><p class="MsoNormal">"These benchmarks will provide accurate and resilient pricing data for tokens linked to the Metaverse, an exciting new scion of crypto where properties and communities can exist wholly within a virtual realm," Chung added.</p> This article was written by Solomon Oladipupo at www.financemagnates.com.
<p class="MsoNormal">The derivatives marketplace operator, CME Group, and cryptocurrency benchmark indices provider, CF Benchmarks, will launch three new Metaverse reference rates and real-time indices on January 30, the firms announced on Thursday. </p><p class="MsoNormal">The benchmarks, which will be calculated and published daily by CF Benchmarks, will provide “accurate and resilient pricing data” for tokens linked to the Axie Infinity (AXS), Chiliz (CHZ) and Decentraland (MANA) Metaverse-based platforms. The benchmarks will be published as non-tradable futures products, the firms stated.</p><p class="MsoNormal">“Each of the new Axie Infinity, Chiliz, and Decentraland benchmarks will be calculated with pricing data from a minimum of two of these exchanges – Bitstamp, Coinbase, Gemini, itBit, Kraken, and LMAX Digital,” the firms disclosed in a statement, adding that the benchmarks will be based on “robust methodologies” and will be regularly vetted by experts.</p><p class="MsoNormal">In addition, the firms noted that each benchmark will provide the US dollar price of each digital asset. These prices will be “published once-a-day at 4 pm London time,” CME Group and CF Benchmark said, noting that each index will be published around-the-clock.</p><p>Check out this FMLS22 session on Metaverse and trading.</p><p class="MsoNormal text-align-justify">CME Group and CF Benchmark Aim for ‘Transparent, Regulated and Round-the-Clock Pricing’</p><p class="MsoNormal">Giovanni Vicioso, CME's Group Global Head of Cryptocurrency Products, noted that the cryptocurrency industry has continued to see increased interest in <a href="https://www.financemagnates.com/cryptocurrency/the-metaverse-is-misunderstood/" target="_blank" rel="follow">Metaverse projects</a>. </p><p class="MsoNormal">"With increased price transparency across more cryptocurrency products, market participants will be able to price sector-specific portfolios, <a href="https://www.financemagnates.com/cryptocurrency/can-the-metaverse-facilitate-sustainable-growth-of-decentralized-finance-defi-systems/" target="_blank" rel="follow">develop structured products</a> with greater confidence and manage price risk around various Metaverse-based projects,” Vicioso explained. </p><p class="MsoNormal text-align-justify">Also speaking, Sui Chung, the CEO of CF Benchmarks, expressed excitement at being able to provide investors with exposure to all types of digital assets through high benchmarking standards.</p><p class="MsoNormal">"These benchmarks will provide accurate and resilient pricing data for tokens linked to the Metaverse, an exciting new scion of crypto where properties and communities can exist wholly within a virtual realm," Chung added.</p> This article was written by Solomon Oladipupo at www.financemagnates.com.
<p class="MsoNormal">The derivatives marketplace operator, CME Group, and cryptocurrency benchmark indices provider, CF Benchmarks, will launch three new Metaverse reference rates and real-time indices on January 30, the firms announced on Thursday. </p><p class="MsoNormal">The benchmarks, which will be calculated and published daily by CF Benchmarks, will provide “accurate and resilient pricing data” for tokens linked to the Axie Infinity (AXS), Chiliz (CHZ) and Decentraland (MANA) Metaverse-based platforms. The benchmarks will be published as non-tradable futures products, the firms stated.</p><p class="MsoNormal">“Each of the new Axie Infinity, Chiliz, and Decentraland benchmarks will be calculated with pricing data from a minimum of two of these exchanges – Bitstamp, Coinbase, Gemini, itBit, Kraken, and LMAX Digital,” the firms disclosed in a statement, adding that the benchmarks will be based on “robust methodologies” and will be regularly vetted by experts.</p><p class="MsoNormal">In addition, the firms noted that each benchmark will provide the US dollar price of each digital asset. These prices will be “published once-a-day at 4 pm London time,” CME Group and CF Benchmark said, noting that each index will be published around-the-clock.</p><p>Check out this FMLS22 session on Metaverse and trading.</p><p class="MsoNormal text-align-justify">CME Group and CF Benchmark Aim for ‘Transparent, Regulated and Round-the-Clock Pricing’</p><p class="MsoNormal">Giovanni Vicioso, CME's Group Global Head of Cryptocurrency Products, noted that the cryptocurrency industry has continued to see increased interest in <a href="https://www.financemagnates.com/cryptocurrency/the-metaverse-is-misunderstood/" target="_blank" rel="follow">Metaverse projects</a>. </p><p class="MsoNormal">"With increased price transparency across more cryptocurrency products, market participants will be able to price sector-specific portfolios, <a href="https://www.financemagnates.com/cryptocurrency/can-the-metaverse-facilitate-sustainable-growth-of-decentralized-finance-defi-systems/" target="_blank" rel="follow">develop structured products</a> with greater confidence and manage price risk around various Metaverse-based projects,” Vicioso explained. </p><p class="MsoNormal text-align-justify">Also speaking, Sui Chung, the CEO of CF Benchmarks, expressed excitement at being able to provide investors with exposure to all types of digital assets through high benchmarking standards.</p><p class="MsoNormal">"These benchmarks will provide accurate and resilient pricing data for tokens linked to the Metaverse, an exciting new scion of crypto where properties and communities can exist wholly within a virtual realm," Chung added.</p> This article was written by Solomon Oladipupo at www.financemagnates.com.
The world’s largest investment management firm BlackRock's Bitcoin Private Trust, will use the Kraken subsidiary CF Benchmarks Bitcoin Index as a benchmark for issuance, The Block reported. (Read More)
On Wednesday, the Federal Open Market Committee (FOMC) and Fed chair Jerome Powell held a press conference concerning the American economy, the central bank’s plans to address inflation, and the ongoing Russia-Ukraine war. Powell announced that the FOMC decided to increase the benchmark bank rate by a quarter percentage and further noted the Fed anticipates […]
Recently, OpenAI announced the release of GPT-4.5, a new version of its powerful language model. While some may not be blown away by this update, GPT-4.5 still holds great potential and could become a valuable tool in various applications. GPT-4.5 builds upon the success of its predecessors, incorporating improvements in language understanding and generation. This [...]
The post Unlock the Potential of OpenAI’s GPT-4.5: A Reliable Companion that Excels Beyond Benchmarks appeared first on Crypto Breaking News.
Explore how NVIDIA cuDF accelerates JSON Lines reading, outperforming traditional libraries like pandas and pyarrow, with benchmarks and performance insights. (Read More)
NVIDIA DGX Cloud introduces benchmarking recipes to enhance AI platform performance, guiding users in optimizing training workloads with a comprehensive evaluation approach. (Read More)
Amidst the chaos in the U.S. banking sector, Elon Musk, the CEO of Tesla and owner of Twitter, has been critical of the country’s central bank. Musk insists that the U.S. Federal Reserve is operating with “way too much latency in their data,” and he insists that the central bank needs to drop the federal [...]
The post Elon Musk Criticizes Federal Reserve’s Data Latency and Calls for Immediate Rate Drop Amidst Banking Chaos appeared first on Crypto Breaking News.
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