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Coinshares releases AI bot to determine fair price for NFTs

Coinshares releases AI bot to determine fair price for NFTs

CoinShares, a Europe-based digital asset management platform, released an experimental artificial intelligence (AI) bot on Thursday that might be able to help traders determine a fair price for some non-fungible tokens (NFTs).

The experimental project, called CoinSharesNFTAI, aggregates different sets of data to provide a user with what it determines is a fair price for a rotating list of top NFT collections on OpenSea, the most popular NFT marketplace. 

To interact with the bot, you need to grab the OpenSea link for a particular NFT of interest and tweet this to the bot. In turn, the bot will respond with an estimated value. 

Read More: OECD Creates New Global Tax Transparency Framework For Crypto Assets

CoinShares says the bot runs an algorithm weekly to calculate the prices of the freshest collections. For the week of Oct. 10-16, this includes blue chip projects such as CryptoPunks, Bored Ape Yacht Club, Clonex, Moonbirds, Doodles, Azuki, and 44 others. In the future, the bot will have permanent collections that it returns prices on, but as of Thursday, it did not list any NFT projects as a permanent collection.

According to the bot’s research paper, the algorithm builds upon the hedonic model to construct a price index from thousands of NFT transaction records. Its data focuses on Ethereum NFTs and uses Opensea’s official API to download the properties and past sales of specific NFT collections.

By Thursday afternoon, several people had tweeted at the bot, with the bot spitting out numbers that, in some cases, were much lower than the current best offers being made on OpenSea. Several users expressed skepticism of the tool’s accuracy when their owned NFTs’ estimated value returned lower than expected.

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Russia adds Meta to its list of terrorists and extremists

Russia adds Meta to its list of terrorists and extremists

Russia’s financial monitoring agency, Rosfinmonitoring, has now added Meta, the parent company of Instagram, WhatsApp, and Facebook, to the list of extremist and terrorist organizations.

According to sources, Moscow has restricted access to Facebook and Instagram. However, many Russians still access them using virtual private networks (VPNs). Demand for the latter has skyrocketed as some Western internet services were blocked in March.

Officials have regularly said Meta’s “extremist” tag does not extend to its WhatsApp messenger service. However, lawyers and digital rights groups have reported that Facebook and Instagram users are being warned over some posts.

Read More: Russia To Set Rules For Crypto Cross-Border Payments By December

Human rights lawyer Pavel Chikov has warned that simply displaying the Instagram and Facebook logos or advertising on those networks could be illegal under Russia’s criminal code.

Russia, in late March, banned Facebook and Instagram for carrying out extremist activities. Authorities accused Meta of tolerating “Russophobia” during Russia and Ukraine war.

Meta had announced that the platforms would allow statements like “death to Russian invaders” but not credible threats against civilians before saying the change only applied to users posting from inside Ukraine.

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Salesforce AI Research Proposes A ‘Burn After Reading’ Framework For Data Privacy 

Salesforce releases xGen-MM

Researchers from the University of Maryland  and Salesforce claim that not storing sensitive data is the most secure practice to conceal one’s digital footprint in their recent work, “Burn After Reading: Online Adaptation for Cross-domain Streaming Data.” 

As a solution, they suggest a paradigm for online domain adaptation in which modified streaming data from the target domain is promptly discarded. Despite appearing to be an extended unsupervised domain adaptation (UDA) setting, the challenge cannot be performed by simply bringing offline UDA methods online.

Their approach for online domain adaptation is based on cross-domain bootstrapping, which allows them to tackle the most fundamental difficulty of the online task directly. The diversity of the data across domains is increased with each online query by bootstrapping the source domain to create unique permutations with the current target query. 

Read More: Microsoft Partners With Meta To Bring Its Range Of Products To Metaverse

They train a group of autonomous learners to keep the distinctions between them to make the most of different permutations. They combine the learners’ expertise by having them trade their predicted pseudo-labels on the current target query to co-supervise the training on the target domain. However, they are not allowed to exchange weights to preserve their differences. By averaging the knowledge of all the learners, they could make a more precise forecast of the current target query. They call it CroBoDo “Cross-Domain Bootstrapping for Online Domain Adaptation,”

They test the method on different benchmarks, such as the canonical UDA benchmark VisDA-C [59], the medical imaging benchmark COVID-DA, and the massive distribution shift benchmark WILDS subset Camelyon. The finding reveals that the proposed approach outperforms state-of-the-art UDA approaches suitable for the web-based environment on all benchmarks. 

In addition, this strategy provides competitive results in the offline context without requiring the reuse of any target sample. Their straightforward solution’s performance is on par with that in an offline environment, so it’s a good option even if you’re only concerned with saving time.

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Microsoft introduces DALL-E 2 with Designer and Image Creator

Microsoft introduces DALL-E 2 with Designer and Image Creator

Microsoft is investing significantly in DALL-E 2, OpenAI’s AI-powered system that generates images from the text by bringing it to first-party services and apps. During the Ignite conference this week, Microsoft announced the integration of DALL-E 2 with the newly announced Image Creator tool in Microsoft Edge and Microsoft Designer app.

Wanting to bring OpenAI’s tech to an even wider audience, Microsoft is launching Designer. This Canva-like web app can generate designs for presentations, digital postcards, invitations, graphics, posters, and more to share on social media and other platforms. Designer leverages DALL-E 2 and user-created content to ideate designs with text boxes and drop-downs for further personalization.

Within Designer, users can choose from several templates to get started on specific, defined-dimensions designs for platforms like LinkedIn, Facebook, and Instagram. Prebuilt templates are available from the internet as shapes, photos, icons, and headings that can be added to projects.

Read More: OpenAI’s DALL-E Is Now Available To Everyone

Another Microsoft-developed app underpinned by DALL-E 2 is Image Creator. As the name implies, Image Creator, generates art when given a text prompt by funneling requests to DALL-E 2. It acts like a frontend client for OpenAI’s still-in-beta DALL-E 2 service.

By typing in a description of something like location or activity, an art style will yield an image from Image Creator. Image Creator will very soon create images that do not yet exist, limited only by one’s imagination, said Microsoft. 

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Udacity and Bertelsmann partner to award 50000 scholarships in data science, cybersecurity, and web development

Bertelsmann and Udacity partner to award learners with 50000 scholarships

Bertelsmann and Udacity are partnering to launch the Next Generation Tech Booster Scholarship Program to award learners with 50000 scholarships. The scholarship aims to provide learners across the globe with the opportunity to gain job-ready digital skills in Data Science, Cybersecurity, or Web Development.

Bertelsmann, a global leader in media, education, and services, wants to empower people worldwide to be successful in the tech and data sectors. This program will be beneficial for individuals who may not have access to such skill-building opportunities. This program tragets to set up eager learners for exciting, high-paying careers in tech.

In order to be eligible, applicants must be 18 years or older and have English comprehension. Applicants who apply to the program will select 1 of 3 tracks: Front End Web Developer, Programming for Data Science, and Introduction to Cybersecurity.

Read More: Meta AI Releases The Largest Public Dataset Of Real-World 3D Spaces

Next Generation Tech Booster applications open on Udacity’s website on October 13, 2022 and the last date to submit the application is November 28, 2022. Scholarship recipients will be notified of their admission to the program on December 9, 2022. 

For the Phase 1, 17,000 applicants accepted will enroll in a challenge course for their selected track, where they will study the foundational elements of their chosen topic. The cybersecurity and front-end web development tracks have prerequisites on which applicants will be tested to qualify. The data science programming track needs no prerequisites. Phase 1 Challenge starts on December 15, 2022 and ends on February 13, 2023. 

For Phase 2, the 500 top-performing students from the respective challenge courses will receive a Nanodegree program scholarship. Individual programs include Front End Web Developer, Programming for Data Science with Python, and Introduction to Cybersecurity. Phase 2 Nanodegree program starts on March 16, 2023 and ends on July 13, 2023.

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USPA Nationwide Security announces responsive AI security training program

USPA Nationwide Security announces responsive AI security training program

USPA Nationwide Security announced the launch of its Artificial Intelligence Security Training Program, which is being rolled out in the coming week to train the 5,000+ security contractors who offer services for the international security conglomerate.

After about 11 months of research and development, USPA’s CEO, Dan Manning, said that the AI, though time-consuming and costly to develop, will save the firm millions of dollars over the next decade and leave no carbon footprint. He added that training security contractors with their new technology allow the trainees to learn at their own pace and convenience anywhere throughout the world.

The first course by USPA is their Fire Watch In-Service Level 1 Series. It consists of two hours of lessons delivered by fully responsive AI instructors. The AI can sense sound, movement and even read lips to generate a response by activating the student’s camera and microphone.

Read More: Microsoft Relaunches Syntex With Several AI-Based Content Management Tools At Ignite 2022

USPA’s machine-learning technology can train thousands of security officers simultaneously. This task traditionally required human cognition, flights, hotels, and a lot of time. By combining components from computer, cognitive science, linguistics, psychology, neuroscience, and mathematics, the AI teaches, learns, and responds in a human-like manner. 

With the assistance of former CEO Michael Evans and a security consultant, the research and development section at USPA recently launched its Autonomous Security Technology Division (drones that operate without human direction). 

According to Wall Street Journal, USPA Nationwide Security targets net zero carbon emissions by 2023. The security firm said the new AI training is a giant leap forward regarding its net zero emission promise. 

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Samsung targets screening of 150,000 individuals using AI camera ‘EYELIKE Fundus’

Samsung to screen eyes using AI camera

Samsung on Thursday said it had set a target of screening 150,000 individuals in India for eye diseases using its unique ‘EYELIKE Fundus’ camera by the end of 2023.

Samsung has developed the camera in partnership with the International Agency for the Prevention of Blindness (IAPB), Yonsei University Health System (YUHS), and Lab SD, Inc. So far, Samsung has upcycled nearly 200 units of old Galaxy smartphones and distributed the cameras to partners in India.

Dr. Sahil Bhandari, Senior Ophthalmologist at Guruhasti Chikitsalya, said that the device comes in handy as it is straightforward to use and can be operated by a semi-trained technician as well because of the on-device AI that tells them if the image is normal or abnormal. Also, since it is portable, it can be carried to remote locations where the availability of ophthalmic health care is limited. 

Read More: Fitness Tech Startup Insane AI Launches AI-Powered Fitness Training App

An older Galaxy smartphone becomes the brain of the ‘EYELIKE’ device, capturing images of a person’s retina through a lens attachment for enhanced diagnosis of eye diseases such as diabetic retinopathy, glaucoma, and age-related macular degeneration that may lead to blindness if not diagnosed on time.

The ‘Galaxy Upcycling’ program repurposes older Galaxy devices, transforming them into handheld devices that provide eye care in underserved communities.

Engineers at Samsung R&D Institute in Bangalore developed the Fundus image capture mechanism, the artificial intelligence-based processing algorithm, the user interface (UI), and server-related operations in the EYELIKE application. The EYELIKE device scans retinal images and uses an accurate AI-based algorithm on the phones to detect diseases in the retinal images and classify them as normal or abnormal.

To screen patients, Samsung has partnered with four eye hospitals Sitapur Eye Hospital in Uttar Pradesh; Aravind Eye Hospital in Pondicherry; Guruhasti Chikitsalya in Jodhpur, Rajasthan; and Dr. Shroff’s Charity Eye Hospital in New Delhi.

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Meta AI releases the largest public dataset of real-world 3D spaces

meta ai release hm3d semantics v0.1 dataset

Meta AI releases Habitat-Matterport 3D Semantics (HM3D Semantics) v0.1, the largest dataset of annotated real-world spaces. 1000 high-resolution 3D scans of indoor settings, such as homes or businesses, make up the Habitat Matterport Dataset. The Habitat-Matterport 3D Semantics Dataset, an offshoot dataset built on top of the Matterport dataset, selects a small subset of scenes and annotates them with object labels and distinguishing hue textures.

The dataset annotations are done using more than 1700 natural objects mapped to several Matterport categories. Technically, each scene created by HM3D contains 646 raw objects mapped from 114 categories and is verified by approximately 30 annotators. 

The  HM3D-Sem dataset was announced last March. The released dataset appears to be an upgraded version with better annotations and higher object counts.

Read More: Google Announced Multiple Updates to its Cloud Security Offerings

HM3D-Semantics is generally available for academic and non-commercial research. The dataset is aimed at helping researchers train AI assistants and robots with FAIR’s Habitat Simulator
Based on HM3D-Semantics v0.1 scenes, Meta AI is announcing the Habitat 2022 ObjectNav Challenge. The challenge will focus on object recognition and semantics. The Habitat-Matterport3D Semantics v0.1 2 dataset will be used with 120 scenes for train/val/test as 80/20/20. It will employ six object aim categories: chair, sofa, potted plant, bed, toilet, and television. Applicants must map the camera specification in simulation to the object’s actual location.

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What is digital marketing and what is it for? Advantages of doing digital marketing

advantages of digital marketing

You may be wondering what is digital marketing and how does it work? What can it bring to me? This article is the fundamental pillar, so once you know what digital marketing consists of, you can learn more about it throughout the rest of the articles I have written on this blog.

What is digital marketing and what does it mean

Digital marketing, also called online marketing, is the implementation of a series of strategies carried out by a company, depending on the digital means available to execute the commercial objective that has been sent successfully, either:

  • Increase the database of your subscribers.
  • Attract new customers.
  • Generate new professional relationships.
  • Increase the reputation of the company.

All those objectives and many others that you can think of is done through digital means, either; Social networks, website, blog, advertising videos, email, ebooks, or podcasts. Digital marketing is an extension of traditional marketing, where the latter occurs in the physical world and not online.

What does a digital marketing specialist do

A digital marketing specialist can study, plan, structure and direct the online marketing plan and carry it out through digital tools depending on the technological possibilities available to the company that wants to launch the product.

Online marketing is used to position your products or services above your competitors so that what you offer becomes the best decision for your target audience. The purpose of digital marketing is to use your available means, be it a web page or blog, or social networks. To make yourself known, get visits, generate a brand image, with the final goal of selling.

Those who use digital marketing

Online marketing can be used by any professional who has access to the internet and is digitized since, without any online presence, it is impossible to lay the foundations to carry out online marketing actions.

Creating a website or being on social media does not mean you are performing digital marketing tasks. If you do not focus your content on a goal or objective and do not carry out market, sector, or competitor research. You will only create content without any purpose.

That is why it is very important to have a digital marketing specialist to help you map out a route to achieving your goals. Another option that many professionals do, is to train in digital marketing courses to have some knowledge and then apply it themselves to their companies.

Examples of those who use digital marketing:

  • freelancers
  • Micro SME.
  • SME.
  • multinationals
  • Local businesses.

Benefits of doing digital marketing

The advantages of online marketing are extensive. To name them, I want to make a list of them:

1.     Worldwide presence

It is clear that not everyone is going to see you, but the possibility that users will see you and meet you beyond your neighborhood or country is existent. It has never been so “simple” that your company is visible worldwide. For example, suppose you are from Spain. In that case, you open a new window of your business to the Latin American market, being able to get in touch with people from Mexico and Argentina. And they are new business opportunities as long as your product or service is Prepared for this type of hearing.

2.     You can focus on who you want to target

Unlike traditional media, where your promotion often reaches people who are not interested in you at all, you can focus on your targeted clients. With online marketing, you can segment what type of audience you want to reach. In this way, you can create content 100% focused on them, thus increasing the chances of conversion.

3.     Measure your actions and check your evolution

In traditional media, if you have a billboard on the street, more people may be watching or listening to you. Still, many are people who are not very qualified for your business and, in addition to offering you very poor data or when it comes to measuring the performance of your promotion.

What data do you get from an advertisement placed at the bus stop? Correct, none, while many actions you do in the online world can be measured, for example, knowing how many impressions you have, what is the reach of a publication, how long on average they watch a video, and what percentage of people open your newsletter. Measuring is powerful, and with online marketing, it is possible.

4.     Do not SPAM

SPAM is everywhere, that’s true, but it’s not as intrusive as traditional marketing. Who hasn’t received an unwanted business call at lunch or nap time? Many companies indeed misuse email digitally. At least, the good part is that it is you who decides when to pay attention to that email or not. Even so, it is poorly done. It is not something that he recommends, so do not take it as an excuse.

5.     Communicate with your audience

It is one of its strengths. At the end of every company or brand are people, and followers want to be able to talk to them. With digital marketing, you will have many options for talking to your audience.

6.     Greater budget flexibility

Online marketing can be adapted to each company’s situation since personalized actions are carried out according to the situation of each business. While advertising in traditional media with a national circulation, such as television, can be financially far for many businesses, digital marketing can reach a qualified audience nationwide and with a lower budget.

All this must be said that prices usually vary when carrying out an online marketing strategy depending on the objective, market situation and the type of sector.

Conclusion

Now that you have learned online marketing and how it works, you can understand the importance of applying it to your business. You will give it more importance living in a time of economic uncertainty that, added to the great competition that businesses have today due to the digitization and available media, makes having a good digital marketing plan essential today.

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Fitness tech startup Insane AI launches AI-powered fitness training app

Insane AI launches AI-powered fitness training app

Fitness tech startup Insane AI has launched an artificial intelligence (AI) powered fitness training app. According to a release, the Bengaluru-based startup has developed a mobile app that transforms the phone’s front camera into an intelligent workout companion. 

The AI-powered Workout Tracking technology of the app enables precise motion tracking with any smartphone, allowing it to identify how well the user performs each exercise and helps fix posture and form in real time.

Insane AI, a 2021 started venture, was founded by two batchmates from IIT Bombay and backed by $900,000 seed funding from pi Ventures, Anupam Mittal, Sameer Pitalwalla, and other angels in sports, fitness, and tech. It has been built based on definitive habit formation science and rewards users for staying fit with real-life products.

Read More: Google Announced Multiple Updates To Its Cloud Security Offerings

The mobile version for IOS and Android users will be available on the App Store and Google Play Store, respectively. The app has been designed with the combined efforts of certified fitness trainers, AI engineers, and gamification experts and has been in development and testing for more than one year. 

Tested on more than 100k registered users across India and Europe, it is used by working professionals and athletes for their training and sports conditioning. Currently, Insane AI has a waitlist and is offering a free 6 month subscription. 

The app offers a huge range of guided body workouts such as HIIT, Cardio, Muscle Training, Yoga, Balance, and unique Agility drills. The interactive workout screen keeps users engaged with visual cues and live feedback. The app also gives users insights into their workout and performance history.

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