On June 6th, Jinshi data reported that copper prices rose during the Asian morning trading session due to market expectations of more monetary policy easing. Analysts at ANZ Bank said in a research report that the Bank of Canada had previously lowered its policy interest rate by 25 basis points, becoming the first central bank among the G7 countries to cut interest rates after the start of the radical tightening cycle in 2022. They expect that the European Central Bank, which will hold a meeting today, will also cut interest rates by 25 basis points. They said that if inflation continues to improve, interest rates may be further reduced in the coming months. Lower interest rates may stimulate more business activity, boost demand for raw materials such as copper, and push the US dollar lower, which will also boost commodities.

LM Funding America, a crypto mining and technology-based professional finance company, announced the sale of Symbiont's Blockchain technology to Platonic Holdings for $2 million. The transaction is intended to fund the development of its BitcoinMining business, which will be followed by the purchase of additional Mining equipment and preparation for anticipated BitcoinHalving events. （Globe Newswire）

On December 29, LM Funding America, a crypto mining and technology-based professional financial company, announced the sale of Symbiont's Blockchain technology to Platonic Holdings for $2 million. The transaction is intended to fund the development of its BitcoinMining business, which will be followed by the purchase of additional Mining equipment and preparation for anticipated BitcoinHalving events. Golden Finance previously reported that LM Funding America announced a $2.6 million bid to acquire the assets of Blockchain fintech company Symbiont in May this year.

In order to improve processing speed, reduce memory usage and communication costs, a team of researchers from Microsoft Azure and Microsoft Research launched an efficient FP8 mixed-precision framework tailored for large language model (LLM) training, as reported by IT Home on November 10. Microsoft has introduced three optimization phases that leverage FP8 for distributed and mixed-precision training. As these layers progress, the increase in FP8 integration becomes apparent, suggesting a greater impact on the LLM training process. Microsoft has tested a 27 to 42 percent reduction in memory footprint and a significant 63 to 65 percent reduction in weighted gradient communication overhead compared to the widely adopted BF16 mixed-precision approach. Runs 64% faster than widely adopted BF16 frameworks such as Megatron-LM and 17% faster than Nvidia Transformer Engine. When training the GPT-175B model, the hybrid FP8 precision framework saves 21% of memory on the H100 GPU platform and reduces training time by 17% compared to TE (Transformer Engine).

According to the webmaster's home news on October 25, Stability AI Japan recently released two Japanese language models, named "Japanese Stable LM3B-4 E1T" and "Japanese Stable LM Gamma 7B". The former has about 3 billion parameters, while the latter has a huge scale of up to 7 billion parameters. These two models were released under the Apache 2.0 license and allowed for commercial use, bringing a revolutionary breakthrough in the field of natural language processing in Japan.

According to IT House news on October 3, Stability AI issued an announcement yesterday, introducing its language model called Stable LM 3B, which is claimed to be suitable for mobile platform devices and "can bring sustainable and high-performance to related devices." experience”.

According to Jiemian News' report on September 5, Yijiahe's recently disclosed investor relations activity record sheet shows that the company is actively conducting research and exploration on artificial intelligence-related technologies such as multi-modal large models. It has currently established and released a multi-modal large-scale model based on A large model of state-of-the-art hyper-fusion technology YJH-LM. YJH-LM can be used to perform tasks such as voice interaction, image recognition, task generation, etc. It combines artificial intelligence technology with traditional robot applications to help company robots realize autonomous working functions of various robots such as voice control autonomous task generation, making the robots smarter. , perform tasks more intelligently, thereby further enhancing the company's technology and product strength.

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According to the news from IT House on August 18, this morning, the large-scale model start-up company Shuimu Molecule and the Institute of Intelligent Industry (AIR) of Tsinghua University announced that the open-source and commercially available multi-modal biomedical 10-billion-parameter large model BioMedGPT-10B. According to reports, the large model can be used to improve the efficiency of all aspects of drug research and development, including new drug project approval evaluation, drug design and optimization, clinical trial design, and indication expansion. The model's question answering ability in the field of biomedicine is known as "on par with human experts". It has achieved SOTA on multiple biomedical question answering benchmark datasets and has successfully passed the US Physician Qualification Examination. In addition, the team launched BioMedGPT-LM-7B together, claiming to be "the first commercially available Llama2 model dedicated to biomedicine".

Babbitt News, on August 10, Stability AI released its first Japanese language model (LM) - Japanese StableLM Alpha. It is reported that Japanese StableLM is a general language model with 7 billion parameters. Based on benchmarks against four other Japanese LMs, Stability AI says this is the best performing public Japanese model. Japanese StableLM Base Alpha 7B will be released under the commercially available Apache License 2.0. Japanese StableLM Instruct Alpha 7B is a model created for research purposes and released for research use only.

Jinse Finance reported that LM Funding America, a professional financial company based on encryption mining and technology, announced today an update on Bitcoin mining as of the second quarter of 2023. In the second quarter, the company mined a total of approximately 106.35 bitcoins, and its bitcoin holdings as of June 30, 2023 reached approximately 79.1 BTC.

Jinse Finance reported that LM Funding America, Inc., a professional financial company based on encryption mining and technology, announced its bid for $2.6 million to acquire Symbiont's assets. Symbiont is currently in Chapter 11 bankruptcy proceedings without objection and is expected to receive approval from the bankruptcy court. The auction is expected to include additional bids and is expected to take place on May 26, 2023. LM Funding provided a US$2 million secured loan to Symbiont in December 2021 and is currently Symbiont's sole secured creditor. As previously reported, Symbiont filed for bankruptcy protection on December 1, 2022. Its assets and liabilities range from $1 million to $10 million, according to documents filed with the U.S. Bankruptcy Court for the Southern District of New York. LM Funding is listed as a secured creditor and is owed $2 million plus interest and fees.

Odaily Planet Daily News Kyber Network, an on-chain liquidity protocol, tweeted that it will restart KyberSwap Elastic on May 24, and will provide upgraded smart contracts, new audits and additional security measures. This limited restart will increase LM rewards, liquidity mining and other rewards will also include 1.16 million ARB distributed by Arbitrum, 250 thousand OP distributed by Optimism, 19 thousand AVAX distributed by Avalanche and other ecosystem cooperation partner funds. In addition, Arbitrum Farm will open on May 25, Optimism will open on May 27, Polygon will open on May 29, and Avalanche will open on May 31, and zkSync will also be supported. These Fram pools offer 100% boosted rewards for the first month and 50% boosted rewards for the second month.

Jinse Finance reported that LM Funding America, a professional financial company based on encryption mining and technology, released its quarterly financial report as of March 31, 2023. According to the report, as of March 31, 2023, there were approximately 3,700 Bitcoin mining machines in operation. After adding 1,300 machines in April 2023, there are currently about 5,000 Bitcoin mining machines in operation, providing a mining capacity of about 520PH/s. LM Funding America signed an agreement with GIGA Energy on May 8, 2023 to add another 1,080 machines by May 31, 2023, for a total of approximately 627PH/s. Total revenue for the quarter ended March 31, 2023 was approximately $2.3 million, an increase of $2.1 million, or more than 1,100%, from $0.2 million in the first quarter of 2022.