Wizards AI Newsletter 11-07-2023

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📰Headlines📰

OpenAI Dev Day: Unleashing AI's Full Potential (6-minute read)

With 128k context, custom GPTs, and vision capabilities in their API, GPT-4 Turbo possibilities for this technology are endless. This could bring more personalized and engaging user experiences and, most importantly, an increase in revenue for the industry. 

PromptIDE: The New xAI Release (5-minute read)

PromptIDE is a new integrated development environment for prompt engineering and interpretability research. This tool, developed by xAI, allows for advanced AI development and mobile app creation.

30T Open Dataset Unleashed (6-minute read)

Red Pajama v2, 2.5x larger than GPT-4's training data and multilingual, paves the way for AI advancements, transforming the industry, and enhancing game design, player satisfaction, and risk management.

🔍Research & Development🔬

YouTube's New 'Play Something' Button (2-minute read)

YouTube is testing a new 'play something' button that takes users to a random video on its mobile app. This feature includes both short and full-length content, without considering each user's watch history.

Bumble's CEO Change (5-minute read)

Bumble's new CEO, Lidiane Jones, leaves Slack in a pickle. Having a clear line of succession assures stability in case of unexpected events. The industry should follow Bumble's example and implement succession plans to avoid ensure a seamless leadership transition.

Remote Work Lessons (10-minute read)

Remote work and video games both offer rewards, but it's not all fun and games. Learn valuable insights and lessons from remote work experience of almost two years, which has shown the importance of in-person interactions for better communication and collaboration.

📈Business & Investments💰

FTX's Potential Relaunch by Proof Group (2-minute read)

In an unexpected plot twist, the Proof Group, also involved in the Celsius takeover, is now in the race to revive the once-fabled FTX exchange. With betting strategies becoming more complex, AI-driven blockchain technology is a hot commodity. If this bid is successful, the Gambling Industry could see a new era of secure and efficient exchanges. 

Stablecoin Regulations for the UK (3-minute read)

The UK Financial Conduct Authority (FCA) proposes requirements for fiat-backed stablecoins, highlighting the potential for efficient payments while addressing past custody failures. Essential for the Gambling Industry as stability and trust are crucial for players. 

Introducing Edge: The New Magic of Ethereum (12-minute read)

Edge, a revolutionary programming language for Ethereum's Virtual Machine, offers more control and clarity in smart contract development. With flexible low-level design and high-level type systems, it opens doors for new possibilities in the industry.

Keep up with all the Events in the industry!

Happening Today! ⏰

• Tue 7 Nov, iGaming Academy: MLRO Masterclass, Virtual  

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