\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Google was the only platform to sign licensing agreements with 280 French press publishers and almost 450 publications under the European Copyright Directive (EUCD)<\/a> paying them tens of millions of euros yearly to cover the copyrights. <\/p>\n\n\n\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

French authorities have fined Google $270M(About 250M Euro) for breaking its commitment to paying media outlets to use their data in search results and references. A report also mentioned that Google used publishers' data to train Gemini without informing the owners.<\/p>\n\n\n\n

Google was the only platform to sign licensing agreements with 280 French press publishers and almost 450 publications under the European Copyright Directive (EUCD)<\/a> paying them tens of millions of euros yearly to cover the copyrights. <\/p>\n\n\n\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Gemini Flash is accessible for public preview in more than 200 regions across the globe. Currently<\/a>, the model is available in 2 price plans. The \u201cFree of charge\u201d plan has a limit of 15 requests per minute (RPM) and 1,500 requests per day (RPD). The \u201cpay-as-you-go\u201d plan will cost users $0.35 to $0.70 per 1 million input token and $1.05 to $2.10 per 1 million output token. The paid version allows 360 RPM and 10,000 RPD.<\/p>\n","post_title":"Google Announces Gemini Flash As It Attempts To Top The Generative AI Race","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-announces-gemini-flash-as-it-attempts-to-top-the-generative-ai-race","to_ping":"","pinged":"","post_modified":"2024-05-27 09:08:38","post_modified_gmt":"2024-05-26 23:08:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16998","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15993,"post_author":"20","post_date":"2024-03-24 13:27:02","post_date_gmt":"2024-03-24 02:27:02","post_content":"\n

French authorities have fined Google $270M(About 250M Euro) for breaking its commitment to paying media outlets to use their data in search results and references. A report also mentioned that Google used publishers' data to train Gemini without informing the owners.<\/p>\n\n\n\n

Google was the only platform to sign licensing agreements with 280 French press publishers and almost 450 publications under the European Copyright Directive (EUCD)<\/a> paying them tens of millions of euros yearly to cover the copyrights. <\/p>\n\n\n\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Gemini Flash has been noted for its performance in summarization, chat applications, image and video captioning, data extraction from long documents and tables. The context window for the new model has also increased up to 1 million. This means the model can process one hour of video, 11 hours of audio, codebases with more than 30,000 lines of code, or over 700,000 words.<\/p>\n\n\n\n

Gemini Flash is accessible for public preview in more than 200 regions across the globe. Currently<\/a>, the model is available in 2 price plans. The \u201cFree of charge\u201d plan has a limit of 15 requests per minute (RPM) and 1,500 requests per day (RPD). The \u201cpay-as-you-go\u201d plan will cost users $0.35 to $0.70 per 1 million input token and $1.05 to $2.10 per 1 million output token. The paid version allows 360 RPM and 10,000 RPD.<\/p>\n","post_title":"Google Announces Gemini Flash As It Attempts To Top The Generative AI Race","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-announces-gemini-flash-as-it-attempts-to-top-the-generative-ai-race","to_ping":"","pinged":"","post_modified":"2024-05-27 09:08:38","post_modified_gmt":"2024-05-26 23:08:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16998","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15993,"post_author":"20","post_date":"2024-03-24 13:27:02","post_date_gmt":"2024-03-24 02:27:02","post_content":"\n

French authorities have fined Google $270M(About 250M Euro) for breaking its commitment to paying media outlets to use their data in search results and references. A report also mentioned that Google used publishers' data to train Gemini without informing the owners.<\/p>\n\n\n\n

Google was the only platform to sign licensing agreements with 280 French press publishers and almost 450 publications under the European Copyright Directive (EUCD)<\/a> paying them tens of millions of euros yearly to cover the copyrights. <\/p>\n\n\n\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

See Related: <\/em><\/strong>Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Flash has been noted for its performance in summarization, chat applications, image and video captioning, data extraction from long documents and tables. The context window for the new model has also increased up to 1 million. This means the model can process one hour of video, 11 hours of audio, codebases with more than 30,000 lines of code, or over 700,000 words.<\/p>\n\n\n\n

Gemini Flash is accessible for public preview in more than 200 regions across the globe. Currently<\/a>, the model is available in 2 price plans. The \u201cFree of charge\u201d plan has a limit of 15 requests per minute (RPM) and 1,500 requests per day (RPD). The \u201cpay-as-you-go\u201d plan will cost users $0.35 to $0.70 per 1 million input token and $1.05 to $2.10 per 1 million output token. The paid version allows 360 RPM and 10,000 RPD.<\/p>\n","post_title":"Google Announces Gemini Flash As It Attempts To Top The Generative AI Race","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-announces-gemini-flash-as-it-attempts-to-top-the-generative-ai-race","to_ping":"","pinged":"","post_modified":"2024-05-27 09:08:38","post_modified_gmt":"2024-05-26 23:08:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16998","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15993,"post_author":"20","post_date":"2024-03-24 13:27:02","post_date_gmt":"2024-03-24 02:27:02","post_content":"\n

French authorities have fined Google $270M(About 250M Euro) for breaking its commitment to paying media outlets to use their data in search results and references. A report also mentioned that Google used publishers' data to train Gemini without informing the owners.<\/p>\n\n\n\n

Google was the only platform to sign licensing agreements with 280 French press publishers and almost 450 publications under the European Copyright Directive (EUCD)<\/a> paying them tens of millions of euros yearly to cover the copyrights. <\/p>\n\n\n\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\u201cToday, we\u2019re introducing Gemini 1.5 Flash: a model that\u2019s lighter-weight than 1.5 Pro, and designed to be fast and efficient to serve at scale\u201d<\/em><\/strong>, stated Demis Hassabis<\/a> CEO and Co-Founder of Google DeepMind. He goes on to explain that Flash is \u201coptimized for high-volume, high-frequency tasks at scale\u201d. Although this new model is a comparatively lighter weight model, it was still trained using the Gemini 1.5 pro model. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Flash has been noted for its performance in summarization, chat applications, image and video captioning, data extraction from long documents and tables. The context window for the new model has also increased up to 1 million. This means the model can process one hour of video, 11 hours of audio, codebases with more than 30,000 lines of code, or over 700,000 words.<\/p>\n\n\n\n

Gemini Flash is accessible for public preview in more than 200 regions across the globe. Currently<\/a>, the model is available in 2 price plans. The \u201cFree of charge\u201d plan has a limit of 15 requests per minute (RPM) and 1,500 requests per day (RPD). The \u201cpay-as-you-go\u201d plan will cost users $0.35 to $0.70 per 1 million input token and $1.05 to $2.10 per 1 million output token. The paid version allows 360 RPM and 10,000 RPD.<\/p>\n","post_title":"Google Announces Gemini Flash As It Attempts To Top The Generative AI Race","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-announces-gemini-flash-as-it-attempts-to-top-the-generative-ai-race","to_ping":"","pinged":"","post_modified":"2024-05-27 09:08:38","post_modified_gmt":"2024-05-26 23:08:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16998","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15993,"post_author":"20","post_date":"2024-03-24 13:27:02","post_date_gmt":"2024-03-24 02:27:02","post_content":"\n

French authorities have fined Google $270M(About 250M Euro) for breaking its commitment to paying media outlets to use their data in search results and references. A report also mentioned that Google used publishers' data to train Gemini without informing the owners.<\/p>\n\n\n\n

Google was the only platform to sign licensing agreements with 280 French press publishers and almost 450 publications under the European Copyright Directive (EUCD)<\/a> paying them tens of millions of euros yearly to cover the copyrights. <\/p>\n\n\n\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Tech giant Google has unveiled its newest multimodal Large Language Model (LLM) called Gemini Flash. The announcement came during the recently concluded Google I\/O, the annual developer conference organized by Google.<\/p>\n\n\n\n

\u201cToday, we\u2019re introducing Gemini 1.5 Flash: a model that\u2019s lighter-weight than 1.5 Pro, and designed to be fast and efficient to serve at scale\u201d<\/em><\/strong>, stated Demis Hassabis<\/a> CEO and Co-Founder of Google DeepMind. He goes on to explain that Flash is \u201coptimized for high-volume, high-frequency tasks at scale\u201d. Although this new model is a comparatively lighter weight model, it was still trained using the Gemini 1.5 pro model. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Flash has been noted for its performance in summarization, chat applications, image and video captioning, data extraction from long documents and tables. The context window for the new model has also increased up to 1 million. This means the model can process one hour of video, 11 hours of audio, codebases with more than 30,000 lines of code, or over 700,000 words.<\/p>\n\n\n\n

Gemini Flash is accessible for public preview in more than 200 regions across the globe. Currently<\/a>, the model is available in 2 price plans. The \u201cFree of charge\u201d plan has a limit of 15 requests per minute (RPM) and 1,500 requests per day (RPD). The \u201cpay-as-you-go\u201d plan will cost users $0.35 to $0.70 per 1 million input token and $1.05 to $2.10 per 1 million output token. The paid version allows 360 RPM and 10,000 RPD.<\/p>\n","post_title":"Google Announces Gemini Flash As It Attempts To Top The Generative AI Race","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-announces-gemini-flash-as-it-attempts-to-top-the-generative-ai-race","to_ping":"","pinged":"","post_modified":"2024-05-27 09:08:38","post_modified_gmt":"2024-05-26 23:08:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16998","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15993,"post_author":"20","post_date":"2024-03-24 13:27:02","post_date_gmt":"2024-03-24 02:27:02","post_content":"\n

French authorities have fined Google $270M(About 250M Euro) for breaking its commitment to paying media outlets to use their data in search results and references. A report also mentioned that Google used publishers' data to train Gemini without informing the owners.<\/p>\n\n\n\n

Google was the only platform to sign licensing agreements with 280 French press publishers and almost 450 publications under the European Copyright Directive (EUCD)<\/a> paying them tens of millions of euros yearly to cover the copyrights. <\/p>\n\n\n\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Currently, Gemini Live is available only to Gemini Advanced subscribers and is only available in English. Google has stated that the feature will expand to iOS and other languages in the coming weeks.<\/p>\n","post_title":"Introducing Gemini Live: Google's New AI Feature That Allows Real-Time Conversations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-live-googles-new-ai-feature-that-allows-real-time-conversations","to_ping":"","pinged":"","post_modified":"2024-08-15 19:38:31","post_modified_gmt":"2024-08-15 09:38:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18231","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16998,"post_author":"17","post_date":"2024-05-27 09:08:35","post_date_gmt":"2024-05-26 23:08:35","post_content":"\n

Tech giant Google has unveiled its newest multimodal Large Language Model (LLM) called Gemini Flash. The announcement came during the recently concluded Google I\/O, the annual developer conference organized by Google.<\/p>\n\n\n\n

\u201cToday, we\u2019re introducing Gemini 1.5 Flash: a model that\u2019s lighter-weight than 1.5 Pro, and designed to be fast and efficient to serve at scale\u201d<\/em><\/strong>, stated Demis Hassabis<\/a> CEO and Co-Founder of Google DeepMind. He goes on to explain that Flash is \u201coptimized for high-volume, high-frequency tasks at scale\u201d. Although this new model is a comparatively lighter weight model, it was still trained using the Gemini 1.5 pro model. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Flash has been noted for its performance in summarization, chat applications, image and video captioning, data extraction from long documents and tables. The context window for the new model has also increased up to 1 million. This means the model can process one hour of video, 11 hours of audio, codebases with more than 30,000 lines of code, or over 700,000 words.<\/p>\n\n\n\n

Gemini Flash is accessible for public preview in more than 200 regions across the globe. Currently<\/a>, the model is available in 2 price plans. The \u201cFree of charge\u201d plan has a limit of 15 requests per minute (RPM) and 1,500 requests per day (RPD). The \u201cpay-as-you-go\u201d plan will cost users $0.35 to $0.70 per 1 million input token and $1.05 to $2.10 per 1 million output token. The paid version allows 360 RPM and 10,000 RPD.<\/p>\n","post_title":"Google Announces Gemini Flash As It Attempts To Top The Generative AI Race","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-announces-gemini-flash-as-it-attempts-to-top-the-generative-ai-race","to_ping":"","pinged":"","post_modified":"2024-05-27 09:08:38","post_modified_gmt":"2024-05-26 23:08:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16998","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15993,"post_author":"20","post_date":"2024-03-24 13:27:02","post_date_gmt":"2024-03-24 02:27:02","post_content":"\n

French authorities have fined Google $270M(About 250M Euro) for breaking its commitment to paying media outlets to use their data in search results and references. A report also mentioned that Google used publishers' data to train Gemini without informing the owners.<\/p>\n\n\n\n

Google was the only platform to sign licensing agreements with 280 French press publishers and almost 450 publications under the European Copyright Directive (EUCD)<\/a> paying them tens of millions of euros yearly to cover the copyrights. <\/p>\n\n\n\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Google hopes this feature will be able to replicate real-life conversations, making the user experience more natural and satisfying. The company has also claimed that it has completely integrated Gemini to the Android user experience.<\/p>\n\n\n\n

Currently, Gemini Live is available only to Gemini Advanced subscribers and is only available in English. Google has stated that the feature will expand to iOS and other languages in the coming weeks.<\/p>\n","post_title":"Introducing Gemini Live: Google's New AI Feature That Allows Real-Time Conversations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-live-googles-new-ai-feature-that-allows-real-time-conversations","to_ping":"","pinged":"","post_modified":"2024-08-15 19:38:31","post_modified_gmt":"2024-08-15 09:38:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18231","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16998,"post_author":"17","post_date":"2024-05-27 09:08:35","post_date_gmt":"2024-05-26 23:08:35","post_content":"\n

Tech giant Google has unveiled its newest multimodal Large Language Model (LLM) called Gemini Flash. The announcement came during the recently concluded Google I\/O, the annual developer conference organized by Google.<\/p>\n\n\n\n

\u201cToday, we\u2019re introducing Gemini 1.5 Flash: a model that\u2019s lighter-weight than 1.5 Pro, and designed to be fast and efficient to serve at scale\u201d<\/em><\/strong>, stated Demis Hassabis<\/a> CEO and Co-Founder of Google DeepMind. He goes on to explain that Flash is \u201coptimized for high-volume, high-frequency tasks at scale\u201d. Although this new model is a comparatively lighter weight model, it was still trained using the Gemini 1.5 pro model. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Flash has been noted for its performance in summarization, chat applications, image and video captioning, data extraction from long documents and tables. The context window for the new model has also increased up to 1 million. This means the model can process one hour of video, 11 hours of audio, codebases with more than 30,000 lines of code, or over 700,000 words.<\/p>\n\n\n\n

Gemini Flash is accessible for public preview in more than 200 regions across the globe. Currently<\/a>, the model is available in 2 price plans. The \u201cFree of charge\u201d plan has a limit of 15 requests per minute (RPM) and 1,500 requests per day (RPD). The \u201cpay-as-you-go\u201d plan will cost users $0.35 to $0.70 per 1 million input token and $1.05 to $2.10 per 1 million output token. The paid version allows 360 RPM and 10,000 RPD.<\/p>\n","post_title":"Google Announces Gemini Flash As It Attempts To Top The Generative AI Race","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-announces-gemini-flash-as-it-attempts-to-top-the-generative-ai-race","to_ping":"","pinged":"","post_modified":"2024-05-27 09:08:38","post_modified_gmt":"2024-05-26 23:08:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16998","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15993,"post_author":"20","post_date":"2024-03-24 13:27:02","post_date_gmt":"2024-03-24 02:27:02","post_content":"\n

French authorities have fined Google $270M(About 250M Euro) for breaking its commitment to paying media outlets to use their data in search results and references. A report also mentioned that Google used publishers' data to train Gemini without informing the owners.<\/p>\n\n\n\n

Google was the only platform to sign licensing agreements with 280 French press publishers and almost 450 publications under the European Copyright Directive (EUCD)<\/a> paying them tens of millions of euros yearly to cover the copyrights. <\/p>\n\n\n\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Gemini Live also works in the background or when the phone is locked. So, users can continue chatting with the AI while performing other tasks. Users can choose from 10 different voices for their Gemini model.<\/p>\n\n\n\n

Google hopes this feature will be able to replicate real-life conversations, making the user experience more natural and satisfying. The company has also claimed that it has completely integrated Gemini to the Android user experience.<\/p>\n\n\n\n

Currently, Gemini Live is available only to Gemini Advanced subscribers and is only available in English. Google has stated that the feature will expand to iOS and other languages in the coming weeks.<\/p>\n","post_title":"Introducing Gemini Live: Google's New AI Feature That Allows Real-Time Conversations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-live-googles-new-ai-feature-that-allows-real-time-conversations","to_ping":"","pinged":"","post_modified":"2024-08-15 19:38:31","post_modified_gmt":"2024-08-15 09:38:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18231","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16998,"post_author":"17","post_date":"2024-05-27 09:08:35","post_date_gmt":"2024-05-26 23:08:35","post_content":"\n

Tech giant Google has unveiled its newest multimodal Large Language Model (LLM) called Gemini Flash. The announcement came during the recently concluded Google I\/O, the annual developer conference organized by Google.<\/p>\n\n\n\n

\u201cToday, we\u2019re introducing Gemini 1.5 Flash: a model that\u2019s lighter-weight than 1.5 Pro, and designed to be fast and efficient to serve at scale\u201d<\/em><\/strong>, stated Demis Hassabis<\/a> CEO and Co-Founder of Google DeepMind. He goes on to explain that Flash is \u201coptimized for high-volume, high-frequency tasks at scale\u201d. Although this new model is a comparatively lighter weight model, it was still trained using the Gemini 1.5 pro model. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Flash has been noted for its performance in summarization, chat applications, image and video captioning, data extraction from long documents and tables. The context window for the new model has also increased up to 1 million. This means the model can process one hour of video, 11 hours of audio, codebases with more than 30,000 lines of code, or over 700,000 words.<\/p>\n\n\n\n

Gemini Flash is accessible for public preview in more than 200 regions across the globe. Currently<\/a>, the model is available in 2 price plans. The \u201cFree of charge\u201d plan has a limit of 15 requests per minute (RPM) and 1,500 requests per day (RPD). The \u201cpay-as-you-go\u201d plan will cost users $0.35 to $0.70 per 1 million input token and $1.05 to $2.10 per 1 million output token. The paid version allows 360 RPM and 10,000 RPD.<\/p>\n","post_title":"Google Announces Gemini Flash As It Attempts To Top The Generative AI Race","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-announces-gemini-flash-as-it-attempts-to-top-the-generative-ai-race","to_ping":"","pinged":"","post_modified":"2024-05-27 09:08:38","post_modified_gmt":"2024-05-26 23:08:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16998","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15993,"post_author":"20","post_date":"2024-03-24 13:27:02","post_date_gmt":"2024-03-24 02:27:02","post_content":"\n

French authorities have fined Google $270M(About 250M Euro) for breaking its commitment to paying media outlets to use their data in search results and references. A report also mentioned that Google used publishers' data to train Gemini without informing the owners.<\/p>\n\n\n\n

Google was the only platform to sign licensing agreements with 280 French press publishers and almost 450 publications under the European Copyright Directive (EUCD)<\/a> paying them tens of millions of euros yearly to cover the copyrights. <\/p>\n\n\n\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

See Related:<\/em><\/strong> Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Live also works in the background or when the phone is locked. So, users can continue chatting with the AI while performing other tasks. Users can choose from 10 different voices for their Gemini model.<\/p>\n\n\n\n

Google hopes this feature will be able to replicate real-life conversations, making the user experience more natural and satisfying. The company has also claimed that it has completely integrated Gemini to the Android user experience.<\/p>\n\n\n\n

Currently, Gemini Live is available only to Gemini Advanced subscribers and is only available in English. Google has stated that the feature will expand to iOS and other languages in the coming weeks.<\/p>\n","post_title":"Introducing Gemini Live: Google's New AI Feature That Allows Real-Time Conversations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-live-googles-new-ai-feature-that-allows-real-time-conversations","to_ping":"","pinged":"","post_modified":"2024-08-15 19:38:31","post_modified_gmt":"2024-08-15 09:38:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18231","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16998,"post_author":"17","post_date":"2024-05-27 09:08:35","post_date_gmt":"2024-05-26 23:08:35","post_content":"\n

Tech giant Google has unveiled its newest multimodal Large Language Model (LLM) called Gemini Flash. The announcement came during the recently concluded Google I\/O, the annual developer conference organized by Google.<\/p>\n\n\n\n

\u201cToday, we\u2019re introducing Gemini 1.5 Flash: a model that\u2019s lighter-weight than 1.5 Pro, and designed to be fast and efficient to serve at scale\u201d<\/em><\/strong>, stated Demis Hassabis<\/a> CEO and Co-Founder of Google DeepMind. He goes on to explain that Flash is \u201coptimized for high-volume, high-frequency tasks at scale\u201d. Although this new model is a comparatively lighter weight model, it was still trained using the Gemini 1.5 pro model. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Flash has been noted for its performance in summarization, chat applications, image and video captioning, data extraction from long documents and tables. The context window for the new model has also increased up to 1 million. This means the model can process one hour of video, 11 hours of audio, codebases with more than 30,000 lines of code, or over 700,000 words.<\/p>\n\n\n\n

Gemini Flash is accessible for public preview in more than 200 regions across the globe. Currently<\/a>, the model is available in 2 price plans. The \u201cFree of charge\u201d plan has a limit of 15 requests per minute (RPM) and 1,500 requests per day (RPD). The \u201cpay-as-you-go\u201d plan will cost users $0.35 to $0.70 per 1 million input token and $1.05 to $2.10 per 1 million output token. The paid version allows 360 RPM and 10,000 RPD.<\/p>\n","post_title":"Google Announces Gemini Flash As It Attempts To Top The Generative AI Race","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-announces-gemini-flash-as-it-attempts-to-top-the-generative-ai-race","to_ping":"","pinged":"","post_modified":"2024-05-27 09:08:38","post_modified_gmt":"2024-05-26 23:08:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16998","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15993,"post_author":"20","post_date":"2024-03-24 13:27:02","post_date_gmt":"2024-03-24 02:27:02","post_content":"\n

French authorities have fined Google $270M(About 250M Euro) for breaking its commitment to paying media outlets to use their data in search results and references. A report also mentioned that Google used publishers' data to train Gemini without informing the owners.<\/p>\n\n\n\n

Google was the only platform to sign licensing agreements with 280 French press publishers and almost 450 publications under the European Copyright Directive (EUCD)<\/a> paying them tens of millions of euros yearly to cover the copyrights. <\/p>\n\n\n\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Gemini Live allows users to freely converse with Gemini. The AI will respond in real-time to offer solutions or generate answers to a given question. Users can interrupt the AI mid-response to change the topic or explore a particular point further.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Live also works in the background or when the phone is locked. So, users can continue chatting with the AI while performing other tasks. Users can choose from 10 different voices for their Gemini model.<\/p>\n\n\n\n

Google hopes this feature will be able to replicate real-life conversations, making the user experience more natural and satisfying. The company has also claimed that it has completely integrated Gemini to the Android user experience.<\/p>\n\n\n\n

Currently, Gemini Live is available only to Gemini Advanced subscribers and is only available in English. Google has stated that the feature will expand to iOS and other languages in the coming weeks.<\/p>\n","post_title":"Introducing Gemini Live: Google's New AI Feature That Allows Real-Time Conversations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-live-googles-new-ai-feature-that-allows-real-time-conversations","to_ping":"","pinged":"","post_modified":"2024-08-15 19:38:31","post_modified_gmt":"2024-08-15 09:38:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18231","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16998,"post_author":"17","post_date":"2024-05-27 09:08:35","post_date_gmt":"2024-05-26 23:08:35","post_content":"\n

Tech giant Google has unveiled its newest multimodal Large Language Model (LLM) called Gemini Flash. The announcement came during the recently concluded Google I\/O, the annual developer conference organized by Google.<\/p>\n\n\n\n

\u201cToday, we\u2019re introducing Gemini 1.5 Flash: a model that\u2019s lighter-weight than 1.5 Pro, and designed to be fast and efficient to serve at scale\u201d<\/em><\/strong>, stated Demis Hassabis<\/a> CEO and Co-Founder of Google DeepMind. He goes on to explain that Flash is \u201coptimized for high-volume, high-frequency tasks at scale\u201d. Although this new model is a comparatively lighter weight model, it was still trained using the Gemini 1.5 pro model. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Flash has been noted for its performance in summarization, chat applications, image and video captioning, data extraction from long documents and tables. The context window for the new model has also increased up to 1 million. This means the model can process one hour of video, 11 hours of audio, codebases with more than 30,000 lines of code, or over 700,000 words.<\/p>\n\n\n\n

Gemini Flash is accessible for public preview in more than 200 regions across the globe. Currently<\/a>, the model is available in 2 price plans. The \u201cFree of charge\u201d plan has a limit of 15 requests per minute (RPM) and 1,500 requests per day (RPD). The \u201cpay-as-you-go\u201d plan will cost users $0.35 to $0.70 per 1 million input token and $1.05 to $2.10 per 1 million output token. The paid version allows 360 RPM and 10,000 RPD.<\/p>\n","post_title":"Google Announces Gemini Flash As It Attempts To Top The Generative AI Race","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-announces-gemini-flash-as-it-attempts-to-top-the-generative-ai-race","to_ping":"","pinged":"","post_modified":"2024-05-27 09:08:38","post_modified_gmt":"2024-05-26 23:08:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16998","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15993,"post_author":"20","post_date":"2024-03-24 13:27:02","post_date_gmt":"2024-03-24 02:27:02","post_content":"\n

French authorities have fined Google $270M(About 250M Euro) for breaking its commitment to paying media outlets to use their data in search results and references. A report also mentioned that Google used publishers' data to train Gemini without informing the owners.<\/p>\n\n\n\n

Google was the only platform to sign licensing agreements with 280 French press publishers and almost 450 publications under the European Copyright Directive (EUCD)<\/a> paying them tens of millions of euros yearly to cover the copyrights. <\/p>\n\n\n\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\u201cGemini Live is the most natural way to interact with Gemini. Now you can have free-flowing conversations with Gemini\u201d<\/em>, the company stated during their keynote speech<\/a>.<\/p>\n\n\n\n

Gemini Live allows users to freely converse with Gemini. The AI will respond in real-time to offer solutions or generate answers to a given question. Users can interrupt the AI mid-response to change the topic or explore a particular point further.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Live also works in the background or when the phone is locked. So, users can continue chatting with the AI while performing other tasks. Users can choose from 10 different voices for their Gemini model.<\/p>\n\n\n\n

Google hopes this feature will be able to replicate real-life conversations, making the user experience more natural and satisfying. The company has also claimed that it has completely integrated Gemini to the Android user experience.<\/p>\n\n\n\n

Currently, Gemini Live is available only to Gemini Advanced subscribers and is only available in English. Google has stated that the feature will expand to iOS and other languages in the coming weeks.<\/p>\n","post_title":"Introducing Gemini Live: Google's New AI Feature That Allows Real-Time Conversations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-live-googles-new-ai-feature-that-allows-real-time-conversations","to_ping":"","pinged":"","post_modified":"2024-08-15 19:38:31","post_modified_gmt":"2024-08-15 09:38:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18231","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16998,"post_author":"17","post_date":"2024-05-27 09:08:35","post_date_gmt":"2024-05-26 23:08:35","post_content":"\n

Tech giant Google has unveiled its newest multimodal Large Language Model (LLM) called Gemini Flash. The announcement came during the recently concluded Google I\/O, the annual developer conference organized by Google.<\/p>\n\n\n\n

\u201cToday, we\u2019re introducing Gemini 1.5 Flash: a model that\u2019s lighter-weight than 1.5 Pro, and designed to be fast and efficient to serve at scale\u201d<\/em><\/strong>, stated Demis Hassabis<\/a> CEO and Co-Founder of Google DeepMind. He goes on to explain that Flash is \u201coptimized for high-volume, high-frequency tasks at scale\u201d. Although this new model is a comparatively lighter weight model, it was still trained using the Gemini 1.5 pro model. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Flash has been noted for its performance in summarization, chat applications, image and video captioning, data extraction from long documents and tables. The context window for the new model has also increased up to 1 million. This means the model can process one hour of video, 11 hours of audio, codebases with more than 30,000 lines of code, or over 700,000 words.<\/p>\n\n\n\n

Gemini Flash is accessible for public preview in more than 200 regions across the globe. Currently<\/a>, the model is available in 2 price plans. The \u201cFree of charge\u201d plan has a limit of 15 requests per minute (RPM) and 1,500 requests per day (RPD). The \u201cpay-as-you-go\u201d plan will cost users $0.35 to $0.70 per 1 million input token and $1.05 to $2.10 per 1 million output token. The paid version allows 360 RPM and 10,000 RPD.<\/p>\n","post_title":"Google Announces Gemini Flash As It Attempts To Top The Generative AI Race","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-announces-gemini-flash-as-it-attempts-to-top-the-generative-ai-race","to_ping":"","pinged":"","post_modified":"2024-05-27 09:08:38","post_modified_gmt":"2024-05-26 23:08:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16998","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15993,"post_author":"20","post_date":"2024-03-24 13:27:02","post_date_gmt":"2024-03-24 02:27:02","post_content":"\n

French authorities have fined Google $270M(About 250M Euro) for breaking its commitment to paying media outlets to use their data in search results and references. A report also mentioned that Google used publishers' data to train Gemini without informing the owners.<\/p>\n\n\n\n

Google was the only platform to sign licensing agreements with 280 French press publishers and almost 450 publications under the European Copyright Directive (EUCD)<\/a> paying them tens of millions of euros yearly to cover the copyrights. <\/p>\n\n\n\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Google has unveiled a new feature for its flagship AI model called Gemini Live. The announcement came during the recently concluded<\/a> \u201cMade By Google\u201d event.<\/p>\n\n\n\n

\u201cGemini Live is the most natural way to interact with Gemini. Now you can have free-flowing conversations with Gemini\u201d<\/em>, the company stated during their keynote speech<\/a>.<\/p>\n\n\n\n

Gemini Live allows users to freely converse with Gemini. The AI will respond in real-time to offer solutions or generate answers to a given question. Users can interrupt the AI mid-response to change the topic or explore a particular point further.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Live also works in the background or when the phone is locked. So, users can continue chatting with the AI while performing other tasks. Users can choose from 10 different voices for their Gemini model.<\/p>\n\n\n\n

Google hopes this feature will be able to replicate real-life conversations, making the user experience more natural and satisfying. The company has also claimed that it has completely integrated Gemini to the Android user experience.<\/p>\n\n\n\n

Currently, Gemini Live is available only to Gemini Advanced subscribers and is only available in English. Google has stated that the feature will expand to iOS and other languages in the coming weeks.<\/p>\n","post_title":"Introducing Gemini Live: Google's New AI Feature That Allows Real-Time Conversations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-live-googles-new-ai-feature-that-allows-real-time-conversations","to_ping":"","pinged":"","post_modified":"2024-08-15 19:38:31","post_modified_gmt":"2024-08-15 09:38:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18231","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16998,"post_author":"17","post_date":"2024-05-27 09:08:35","post_date_gmt":"2024-05-26 23:08:35","post_content":"\n

Tech giant Google has unveiled its newest multimodal Large Language Model (LLM) called Gemini Flash. The announcement came during the recently concluded Google I\/O, the annual developer conference organized by Google.<\/p>\n\n\n\n

\u201cToday, we\u2019re introducing Gemini 1.5 Flash: a model that\u2019s lighter-weight than 1.5 Pro, and designed to be fast and efficient to serve at scale\u201d<\/em><\/strong>, stated Demis Hassabis<\/a> CEO and Co-Founder of Google DeepMind. He goes on to explain that Flash is \u201coptimized for high-volume, high-frequency tasks at scale\u201d. Although this new model is a comparatively lighter weight model, it was still trained using the Gemini 1.5 pro model. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Flash has been noted for its performance in summarization, chat applications, image and video captioning, data extraction from long documents and tables. The context window for the new model has also increased up to 1 million. This means the model can process one hour of video, 11 hours of audio, codebases with more than 30,000 lines of code, or over 700,000 words.<\/p>\n\n\n\n

Gemini Flash is accessible for public preview in more than 200 regions across the globe. Currently<\/a>, the model is available in 2 price plans. The \u201cFree of charge\u201d plan has a limit of 15 requests per minute (RPM) and 1,500 requests per day (RPD). The \u201cpay-as-you-go\u201d plan will cost users $0.35 to $0.70 per 1 million input token and $1.05 to $2.10 per 1 million output token. The paid version allows 360 RPM and 10,000 RPD.<\/p>\n","post_title":"Google Announces Gemini Flash As It Attempts To Top The Generative AI Race","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-announces-gemini-flash-as-it-attempts-to-top-the-generative-ai-race","to_ping":"","pinged":"","post_modified":"2024-05-27 09:08:38","post_modified_gmt":"2024-05-26 23:08:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16998","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15993,"post_author":"20","post_date":"2024-03-24 13:27:02","post_date_gmt":"2024-03-24 02:27:02","post_content":"\n

French authorities have fined Google $270M(About 250M Euro) for breaking its commitment to paying media outlets to use their data in search results and references. A report also mentioned that Google used publishers' data to train Gemini without informing the owners.<\/p>\n\n\n\n

Google was the only platform to sign licensing agreements with 280 French press publishers and almost 450 publications under the European Copyright Directive (EUCD)<\/a> paying them tens of millions of euros yearly to cover the copyrights. <\/p>\n\n\n\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Currently, an experimental version of Gemini 2.0 Flash is available to all Gemini users. Users can also access a chat-optimized version of Gemini 2.0 Flash on desktop and mobile web. This will be made available to Gemini App users next year. Google is also testing Gemini 2.0 in AI Overviews with plans of widespread rollouts early next year.<\/p>\n","post_title":"Introducing Gemini 2.0: Google\u2019s Most Capable Model That Can Power AI Agents","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-2-0-googles-most-capable-model-that-can-power-ai-agents","to_ping":"","pinged":"","post_modified":"2024-12-19 21:51:21","post_modified_gmt":"2024-12-19 10:51:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19917","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18231,"post_author":"17","post_date":"2024-08-15 19:36:56","post_date_gmt":"2024-08-15 09:36:56","post_content":"\n

Google has unveiled a new feature for its flagship AI model called Gemini Live. The announcement came during the recently concluded<\/a> \u201cMade By Google\u201d event.<\/p>\n\n\n\n

\u201cGemini Live is the most natural way to interact with Gemini. Now you can have free-flowing conversations with Gemini\u201d<\/em>, the company stated during their keynote speech<\/a>.<\/p>\n\n\n\n

Gemini Live allows users to freely converse with Gemini. The AI will respond in real-time to offer solutions or generate answers to a given question. Users can interrupt the AI mid-response to change the topic or explore a particular point further.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Live also works in the background or when the phone is locked. So, users can continue chatting with the AI while performing other tasks. Users can choose from 10 different voices for their Gemini model.<\/p>\n\n\n\n

Google hopes this feature will be able to replicate real-life conversations, making the user experience more natural and satisfying. The company has also claimed that it has completely integrated Gemini to the Android user experience.<\/p>\n\n\n\n

Currently, Gemini Live is available only to Gemini Advanced subscribers and is only available in English. Google has stated that the feature will expand to iOS and other languages in the coming weeks.<\/p>\n","post_title":"Introducing Gemini Live: Google's New AI Feature That Allows Real-Time Conversations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-live-googles-new-ai-feature-that-allows-real-time-conversations","to_ping":"","pinged":"","post_modified":"2024-08-15 19:38:31","post_modified_gmt":"2024-08-15 09:38:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18231","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16998,"post_author":"17","post_date":"2024-05-27 09:08:35","post_date_gmt":"2024-05-26 23:08:35","post_content":"\n

Tech giant Google has unveiled its newest multimodal Large Language Model (LLM) called Gemini Flash. The announcement came during the recently concluded Google I\/O, the annual developer conference organized by Google.<\/p>\n\n\n\n

\u201cToday, we\u2019re introducing Gemini 1.5 Flash: a model that\u2019s lighter-weight than 1.5 Pro, and designed to be fast and efficient to serve at scale\u201d<\/em><\/strong>, stated Demis Hassabis<\/a> CEO and Co-Founder of Google DeepMind. He goes on to explain that Flash is \u201coptimized for high-volume, high-frequency tasks at scale\u201d. Although this new model is a comparatively lighter weight model, it was still trained using the Gemini 1.5 pro model. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Flash has been noted for its performance in summarization, chat applications, image and video captioning, data extraction from long documents and tables. The context window for the new model has also increased up to 1 million. This means the model can process one hour of video, 11 hours of audio, codebases with more than 30,000 lines of code, or over 700,000 words.<\/p>\n\n\n\n

Gemini Flash is accessible for public preview in more than 200 regions across the globe. Currently<\/a>, the model is available in 2 price plans. The \u201cFree of charge\u201d plan has a limit of 15 requests per minute (RPM) and 1,500 requests per day (RPD). The \u201cpay-as-you-go\u201d plan will cost users $0.35 to $0.70 per 1 million input token and $1.05 to $2.10 per 1 million output token. The paid version allows 360 RPM and 10,000 RPD.<\/p>\n","post_title":"Google Announces Gemini Flash As It Attempts To Top The Generative AI Race","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-announces-gemini-flash-as-it-attempts-to-top-the-generative-ai-race","to_ping":"","pinged":"","post_modified":"2024-05-27 09:08:38","post_modified_gmt":"2024-05-26 23:08:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16998","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15993,"post_author":"20","post_date":"2024-03-24 13:27:02","post_date_gmt":"2024-03-24 02:27:02","post_content":"\n

French authorities have fined Google $270M(About 250M Euro) for breaking its commitment to paying media outlets to use their data in search results and references. A report also mentioned that Google used publishers' data to train Gemini without informing the owners.<\/p>\n\n\n\n

Google was the only platform to sign licensing agreements with 280 French press publishers and almost 450 publications under the European Copyright Directive (EUCD)<\/a> paying them tens of millions of euros yearly to cover the copyrights. <\/p>\n\n\n\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Additionally, Google is implementing Gemini 2.0 into several of its products. This includes Project Mariner, an experimental Chrome extension. This AI agent can browse the internet and complete online tasks (such as shopping) for the user. There is also Jules, an AI agent that can help programmers with debugging codes. Gemini 2.0 is also set to help gamers by generating strategies in real-time conversations. It should be noted that most of these agents are still in the development stage and are accessible to select users only.<\/p>\n\n\n\n

Currently, an experimental version of Gemini 2.0 Flash is available to all Gemini users. Users can also access a chat-optimized version of Gemini 2.0 Flash on desktop and mobile web. This will be made available to Gemini App users next year. Google is also testing Gemini 2.0 in AI Overviews with plans of widespread rollouts early next year.<\/p>\n","post_title":"Introducing Gemini 2.0: Google\u2019s Most Capable Model That Can Power AI Agents","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-2-0-googles-most-capable-model-that-can-power-ai-agents","to_ping":"","pinged":"","post_modified":"2024-12-19 21:51:21","post_modified_gmt":"2024-12-19 10:51:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19917","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18231,"post_author":"17","post_date":"2024-08-15 19:36:56","post_date_gmt":"2024-08-15 09:36:56","post_content":"\n

Google has unveiled a new feature for its flagship AI model called Gemini Live. The announcement came during the recently concluded<\/a> \u201cMade By Google\u201d event.<\/p>\n\n\n\n

\u201cGemini Live is the most natural way to interact with Gemini. Now you can have free-flowing conversations with Gemini\u201d<\/em>, the company stated during their keynote speech<\/a>.<\/p>\n\n\n\n

Gemini Live allows users to freely converse with Gemini. The AI will respond in real-time to offer solutions or generate answers to a given question. Users can interrupt the AI mid-response to change the topic or explore a particular point further.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Live also works in the background or when the phone is locked. So, users can continue chatting with the AI while performing other tasks. Users can choose from 10 different voices for their Gemini model.<\/p>\n\n\n\n

Google hopes this feature will be able to replicate real-life conversations, making the user experience more natural and satisfying. The company has also claimed that it has completely integrated Gemini to the Android user experience.<\/p>\n\n\n\n

Currently, Gemini Live is available only to Gemini Advanced subscribers and is only available in English. Google has stated that the feature will expand to iOS and other languages in the coming weeks.<\/p>\n","post_title":"Introducing Gemini Live: Google's New AI Feature That Allows Real-Time Conversations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-live-googles-new-ai-feature-that-allows-real-time-conversations","to_ping":"","pinged":"","post_modified":"2024-08-15 19:38:31","post_modified_gmt":"2024-08-15 09:38:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18231","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16998,"post_author":"17","post_date":"2024-05-27 09:08:35","post_date_gmt":"2024-05-26 23:08:35","post_content":"\n

Tech giant Google has unveiled its newest multimodal Large Language Model (LLM) called Gemini Flash. The announcement came during the recently concluded Google I\/O, the annual developer conference organized by Google.<\/p>\n\n\n\n

\u201cToday, we\u2019re introducing Gemini 1.5 Flash: a model that\u2019s lighter-weight than 1.5 Pro, and designed to be fast and efficient to serve at scale\u201d<\/em><\/strong>, stated Demis Hassabis<\/a> CEO and Co-Founder of Google DeepMind. He goes on to explain that Flash is \u201coptimized for high-volume, high-frequency tasks at scale\u201d. Although this new model is a comparatively lighter weight model, it was still trained using the Gemini 1.5 pro model. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Flash has been noted for its performance in summarization, chat applications, image and video captioning, data extraction from long documents and tables. The context window for the new model has also increased up to 1 million. This means the model can process one hour of video, 11 hours of audio, codebases with more than 30,000 lines of code, or over 700,000 words.<\/p>\n\n\n\n

Gemini Flash is accessible for public preview in more than 200 regions across the globe. Currently<\/a>, the model is available in 2 price plans. The \u201cFree of charge\u201d plan has a limit of 15 requests per minute (RPM) and 1,500 requests per day (RPD). The \u201cpay-as-you-go\u201d plan will cost users $0.35 to $0.70 per 1 million input token and $1.05 to $2.10 per 1 million output token. The paid version allows 360 RPM and 10,000 RPD.<\/p>\n","post_title":"Google Announces Gemini Flash As It Attempts To Top The Generative AI Race","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-announces-gemini-flash-as-it-attempts-to-top-the-generative-ai-race","to_ping":"","pinged":"","post_modified":"2024-05-27 09:08:38","post_modified_gmt":"2024-05-26 23:08:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16998","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15993,"post_author":"20","post_date":"2024-03-24 13:27:02","post_date_gmt":"2024-03-24 02:27:02","post_content":"\n

French authorities have fined Google $270M(About 250M Euro) for breaking its commitment to paying media outlets to use their data in search results and references. A report also mentioned that Google used publishers' data to train Gemini without informing the owners.<\/p>\n\n\n\n

Google was the only platform to sign licensing agreements with 280 French press publishers and almost 450 publications under the European Copyright Directive (EUCD)<\/a> paying them tens of millions of euros yearly to cover the copyrights. <\/p>\n\n\n\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Google released a blog post<\/a> that highlights Gemini 2.0\u2019s enhanced capabilities. Gemini 2.0 outperforms older models such as Gemini 1.5 Flash and Gemini 1.5 Pro in several key benchmarks. This new model can support both multimodal inputs and multimodal outputs.<\/p>\n\n\n\n

Additionally, Google is implementing Gemini 2.0 into several of its products. This includes Project Mariner, an experimental Chrome extension. This AI agent can browse the internet and complete online tasks (such as shopping) for the user. There is also Jules, an AI agent that can help programmers with debugging codes. Gemini 2.0 is also set to help gamers by generating strategies in real-time conversations. It should be noted that most of these agents are still in the development stage and are accessible to select users only.<\/p>\n\n\n\n

Currently, an experimental version of Gemini 2.0 Flash is available to all Gemini users. Users can also access a chat-optimized version of Gemini 2.0 Flash on desktop and mobile web. This will be made available to Gemini App users next year. Google is also testing Gemini 2.0 in AI Overviews with plans of widespread rollouts early next year.<\/p>\n","post_title":"Introducing Gemini 2.0: Google\u2019s Most Capable Model That Can Power AI Agents","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-2-0-googles-most-capable-model-that-can-power-ai-agents","to_ping":"","pinged":"","post_modified":"2024-12-19 21:51:21","post_modified_gmt":"2024-12-19 10:51:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19917","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18231,"post_author":"17","post_date":"2024-08-15 19:36:56","post_date_gmt":"2024-08-15 09:36:56","post_content":"\n

Google has unveiled a new feature for its flagship AI model called Gemini Live. The announcement came during the recently concluded<\/a> \u201cMade By Google\u201d event.<\/p>\n\n\n\n

\u201cGemini Live is the most natural way to interact with Gemini. Now you can have free-flowing conversations with Gemini\u201d<\/em>, the company stated during their keynote speech<\/a>.<\/p>\n\n\n\n

Gemini Live allows users to freely converse with Gemini. The AI will respond in real-time to offer solutions or generate answers to a given question. Users can interrupt the AI mid-response to change the topic or explore a particular point further.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Live also works in the background or when the phone is locked. So, users can continue chatting with the AI while performing other tasks. Users can choose from 10 different voices for their Gemini model.<\/p>\n\n\n\n

Google hopes this feature will be able to replicate real-life conversations, making the user experience more natural and satisfying. The company has also claimed that it has completely integrated Gemini to the Android user experience.<\/p>\n\n\n\n

Currently, Gemini Live is available only to Gemini Advanced subscribers and is only available in English. Google has stated that the feature will expand to iOS and other languages in the coming weeks.<\/p>\n","post_title":"Introducing Gemini Live: Google's New AI Feature That Allows Real-Time Conversations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-live-googles-new-ai-feature-that-allows-real-time-conversations","to_ping":"","pinged":"","post_modified":"2024-08-15 19:38:31","post_modified_gmt":"2024-08-15 09:38:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18231","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16998,"post_author":"17","post_date":"2024-05-27 09:08:35","post_date_gmt":"2024-05-26 23:08:35","post_content":"\n

Tech giant Google has unveiled its newest multimodal Large Language Model (LLM) called Gemini Flash. The announcement came during the recently concluded Google I\/O, the annual developer conference organized by Google.<\/p>\n\n\n\n

\u201cToday, we\u2019re introducing Gemini 1.5 Flash: a model that\u2019s lighter-weight than 1.5 Pro, and designed to be fast and efficient to serve at scale\u201d<\/em><\/strong>, stated Demis Hassabis<\/a> CEO and Co-Founder of Google DeepMind. He goes on to explain that Flash is \u201coptimized for high-volume, high-frequency tasks at scale\u201d. Although this new model is a comparatively lighter weight model, it was still trained using the Gemini 1.5 pro model. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Flash has been noted for its performance in summarization, chat applications, image and video captioning, data extraction from long documents and tables. The context window for the new model has also increased up to 1 million. This means the model can process one hour of video, 11 hours of audio, codebases with more than 30,000 lines of code, or over 700,000 words.<\/p>\n\n\n\n

Gemini Flash is accessible for public preview in more than 200 regions across the globe. Currently<\/a>, the model is available in 2 price plans. The \u201cFree of charge\u201d plan has a limit of 15 requests per minute (RPM) and 1,500 requests per day (RPD). The \u201cpay-as-you-go\u201d plan will cost users $0.35 to $0.70 per 1 million input token and $1.05 to $2.10 per 1 million output token. The paid version allows 360 RPM and 10,000 RPD.<\/p>\n","post_title":"Google Announces Gemini Flash As It Attempts To Top The Generative AI Race","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-announces-gemini-flash-as-it-attempts-to-top-the-generative-ai-race","to_ping":"","pinged":"","post_modified":"2024-05-27 09:08:38","post_modified_gmt":"2024-05-26 23:08:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16998","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15993,"post_author":"20","post_date":"2024-03-24 13:27:02","post_date_gmt":"2024-03-24 02:27:02","post_content":"\n

French authorities have fined Google $270M(About 250M Euro) for breaking its commitment to paying media outlets to use their data in search results and references. A report also mentioned that Google used publishers' data to train Gemini without informing the owners.<\/p>\n\n\n\n

Google was the only platform to sign licensing agreements with 280 French press publishers and almost 450 publications under the European Copyright Directive (EUCD)<\/a> paying them tens of millions of euros yearly to cover the copyrights. <\/p>\n\n\n\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

Gemini 2.0 Highlights<\/strong><\/h2>\n\n\n\n

Google released a blog post<\/a> that highlights Gemini 2.0\u2019s enhanced capabilities. Gemini 2.0 outperforms older models such as Gemini 1.5 Flash and Gemini 1.5 Pro in several key benchmarks. This new model can support both multimodal inputs and multimodal outputs.<\/p>\n\n\n\n

Additionally, Google is implementing Gemini 2.0 into several of its products. This includes Project Mariner, an experimental Chrome extension. This AI agent can browse the internet and complete online tasks (such as shopping) for the user. There is also Jules, an AI agent that can help programmers with debugging codes. Gemini 2.0 is also set to help gamers by generating strategies in real-time conversations. It should be noted that most of these agents are still in the development stage and are accessible to select users only.<\/p>\n\n\n\n

Currently, an experimental version of Gemini 2.0 Flash is available to all Gemini users. Users can also access a chat-optimized version of Gemini 2.0 Flash on desktop and mobile web. This will be made available to Gemini App users next year. Google is also testing Gemini 2.0 in AI Overviews with plans of widespread rollouts early next year.<\/p>\n","post_title":"Introducing Gemini 2.0: Google\u2019s Most Capable Model That Can Power AI Agents","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-2-0-googles-most-capable-model-that-can-power-ai-agents","to_ping":"","pinged":"","post_modified":"2024-12-19 21:51:21","post_modified_gmt":"2024-12-19 10:51:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19917","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18231,"post_author":"17","post_date":"2024-08-15 19:36:56","post_date_gmt":"2024-08-15 09:36:56","post_content":"\n

Google has unveiled a new feature for its flagship AI model called Gemini Live. The announcement came during the recently concluded<\/a> \u201cMade By Google\u201d event.<\/p>\n\n\n\n

\u201cGemini Live is the most natural way to interact with Gemini. Now you can have free-flowing conversations with Gemini\u201d<\/em>, the company stated during their keynote speech<\/a>.<\/p>\n\n\n\n

Gemini Live allows users to freely converse with Gemini. The AI will respond in real-time to offer solutions or generate answers to a given question. Users can interrupt the AI mid-response to change the topic or explore a particular point further.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Live also works in the background or when the phone is locked. So, users can continue chatting with the AI while performing other tasks. Users can choose from 10 different voices for their Gemini model.<\/p>\n\n\n\n

Google hopes this feature will be able to replicate real-life conversations, making the user experience more natural and satisfying. The company has also claimed that it has completely integrated Gemini to the Android user experience.<\/p>\n\n\n\n

Currently, Gemini Live is available only to Gemini Advanced subscribers and is only available in English. Google has stated that the feature will expand to iOS and other languages in the coming weeks.<\/p>\n","post_title":"Introducing Gemini Live: Google's New AI Feature That Allows Real-Time Conversations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-live-googles-new-ai-feature-that-allows-real-time-conversations","to_ping":"","pinged":"","post_modified":"2024-08-15 19:38:31","post_modified_gmt":"2024-08-15 09:38:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18231","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16998,"post_author":"17","post_date":"2024-05-27 09:08:35","post_date_gmt":"2024-05-26 23:08:35","post_content":"\n

Tech giant Google has unveiled its newest multimodal Large Language Model (LLM) called Gemini Flash. The announcement came during the recently concluded Google I\/O, the annual developer conference organized by Google.<\/p>\n\n\n\n

\u201cToday, we\u2019re introducing Gemini 1.5 Flash: a model that\u2019s lighter-weight than 1.5 Pro, and designed to be fast and efficient to serve at scale\u201d<\/em><\/strong>, stated Demis Hassabis<\/a> CEO and Co-Founder of Google DeepMind. He goes on to explain that Flash is \u201coptimized for high-volume, high-frequency tasks at scale\u201d. Although this new model is a comparatively lighter weight model, it was still trained using the Gemini 1.5 pro model. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Flash has been noted for its performance in summarization, chat applications, image and video captioning, data extraction from long documents and tables. The context window for the new model has also increased up to 1 million. This means the model can process one hour of video, 11 hours of audio, codebases with more than 30,000 lines of code, or over 700,000 words.<\/p>\n\n\n\n

Gemini Flash is accessible for public preview in more than 200 regions across the globe. Currently<\/a>, the model is available in 2 price plans. The \u201cFree of charge\u201d plan has a limit of 15 requests per minute (RPM) and 1,500 requests per day (RPD). The \u201cpay-as-you-go\u201d plan will cost users $0.35 to $0.70 per 1 million input token and $1.05 to $2.10 per 1 million output token. The paid version allows 360 RPM and 10,000 RPD.<\/p>\n","post_title":"Google Announces Gemini Flash As It Attempts To Top The Generative AI Race","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-announces-gemini-flash-as-it-attempts-to-top-the-generative-ai-race","to_ping":"","pinged":"","post_modified":"2024-05-27 09:08:38","post_modified_gmt":"2024-05-26 23:08:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16998","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15993,"post_author":"20","post_date":"2024-03-24 13:27:02","post_date_gmt":"2024-03-24 02:27:02","post_content":"\n

French authorities have fined Google $270M(About 250M Euro) for breaking its commitment to paying media outlets to use their data in search results and references. A report also mentioned that Google used publishers' data to train Gemini without informing the owners.<\/p>\n\n\n\n

Google was the only platform to sign licensing agreements with 280 French press publishers and almost 450 publications under the European Copyright Directive (EUCD)<\/a> paying them tens of millions of euros yearly to cover the copyrights. <\/p>\n\n\n\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

See Related: <\/em><\/strong>Google Announces Gemini Flash As It Attempts To Top The Generative AI Race<\/a><\/p>\n\n\n\n

Gemini 2.0 Highlights<\/strong><\/h2>\n\n\n\n

Google released a blog post<\/a> that highlights Gemini 2.0\u2019s enhanced capabilities. Gemini 2.0 outperforms older models such as Gemini 1.5 Flash and Gemini 1.5 Pro in several key benchmarks. This new model can support both multimodal inputs and multimodal outputs.<\/p>\n\n\n\n

Additionally, Google is implementing Gemini 2.0 into several of its products. This includes Project Mariner, an experimental Chrome extension. This AI agent can browse the internet and complete online tasks (such as shopping) for the user. There is also Jules, an AI agent that can help programmers with debugging codes. Gemini 2.0 is also set to help gamers by generating strategies in real-time conversations. It should be noted that most of these agents are still in the development stage and are accessible to select users only.<\/p>\n\n\n\n

Currently, an experimental version of Gemini 2.0 Flash is available to all Gemini users. Users can also access a chat-optimized version of Gemini 2.0 Flash on desktop and mobile web. This will be made available to Gemini App users next year. Google is also testing Gemini 2.0 in AI Overviews with plans of widespread rollouts early next year.<\/p>\n","post_title":"Introducing Gemini 2.0: Google\u2019s Most Capable Model That Can Power AI Agents","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-2-0-googles-most-capable-model-that-can-power-ai-agents","to_ping":"","pinged":"","post_modified":"2024-12-19 21:51:21","post_modified_gmt":"2024-12-19 10:51:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19917","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18231,"post_author":"17","post_date":"2024-08-15 19:36:56","post_date_gmt":"2024-08-15 09:36:56","post_content":"\n

Google has unveiled a new feature for its flagship AI model called Gemini Live. The announcement came during the recently concluded<\/a> \u201cMade By Google\u201d event.<\/p>\n\n\n\n

\u201cGemini Live is the most natural way to interact with Gemini. Now you can have free-flowing conversations with Gemini\u201d<\/em>, the company stated during their keynote speech<\/a>.<\/p>\n\n\n\n

Gemini Live allows users to freely converse with Gemini. The AI will respond in real-time to offer solutions or generate answers to a given question. Users can interrupt the AI mid-response to change the topic or explore a particular point further.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Live also works in the background or when the phone is locked. So, users can continue chatting with the AI while performing other tasks. Users can choose from 10 different voices for their Gemini model.<\/p>\n\n\n\n

Google hopes this feature will be able to replicate real-life conversations, making the user experience more natural and satisfying. The company has also claimed that it has completely integrated Gemini to the Android user experience.<\/p>\n\n\n\n

Currently, Gemini Live is available only to Gemini Advanced subscribers and is only available in English. Google has stated that the feature will expand to iOS and other languages in the coming weeks.<\/p>\n","post_title":"Introducing Gemini Live: Google's New AI Feature That Allows Real-Time Conversations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-live-googles-new-ai-feature-that-allows-real-time-conversations","to_ping":"","pinged":"","post_modified":"2024-08-15 19:38:31","post_modified_gmt":"2024-08-15 09:38:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18231","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16998,"post_author":"17","post_date":"2024-05-27 09:08:35","post_date_gmt":"2024-05-26 23:08:35","post_content":"\n

Tech giant Google has unveiled its newest multimodal Large Language Model (LLM) called Gemini Flash. The announcement came during the recently concluded Google I\/O, the annual developer conference organized by Google.<\/p>\n\n\n\n

\u201cToday, we\u2019re introducing Gemini 1.5 Flash: a model that\u2019s lighter-weight than 1.5 Pro, and designed to be fast and efficient to serve at scale\u201d<\/em><\/strong>, stated Demis Hassabis<\/a> CEO and Co-Founder of Google DeepMind. He goes on to explain that Flash is \u201coptimized for high-volume, high-frequency tasks at scale\u201d. Although this new model is a comparatively lighter weight model, it was still trained using the Gemini 1.5 pro model. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Flash has been noted for its performance in summarization, chat applications, image and video captioning, data extraction from long documents and tables. The context window for the new model has also increased up to 1 million. This means the model can process one hour of video, 11 hours of audio, codebases with more than 30,000 lines of code, or over 700,000 words.<\/p>\n\n\n\n

Gemini Flash is accessible for public preview in more than 200 regions across the globe. Currently<\/a>, the model is available in 2 price plans. The \u201cFree of charge\u201d plan has a limit of 15 requests per minute (RPM) and 1,500 requests per day (RPD). The \u201cpay-as-you-go\u201d plan will cost users $0.35 to $0.70 per 1 million input token and $1.05 to $2.10 per 1 million output token. The paid version allows 360 RPM and 10,000 RPD.<\/p>\n","post_title":"Google Announces Gemini Flash As It Attempts To Top The Generative AI Race","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-announces-gemini-flash-as-it-attempts-to-top-the-generative-ai-race","to_ping":"","pinged":"","post_modified":"2024-05-27 09:08:38","post_modified_gmt":"2024-05-26 23:08:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16998","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15993,"post_author":"20","post_date":"2024-03-24 13:27:02","post_date_gmt":"2024-03-24 02:27:02","post_content":"\n

French authorities have fined Google $270M(About 250M Euro) for breaking its commitment to paying media outlets to use their data in search results and references. A report also mentioned that Google used publishers' data to train Gemini without informing the owners.<\/p>\n\n\n\n

Google was the only platform to sign licensing agreements with 280 French press publishers and almost 450 publications under the European Copyright Directive (EUCD)<\/a> paying them tens of millions of euros yearly to cover the copyrights. <\/p>\n\n\n\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

With Gemini 2.0 Google is entering what it refers to as the \u201cera of AI agents\u201d. According to Demis Hassabi, CEO of Google DeepMind, \u201cGemini 2.0 Flash\u2019s native user interface action-capabilities, along with other improvements, all work in concert to enable a new class of agentic experiences\u201d<\/em><\/strong>. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Google Announces Gemini Flash As It Attempts To Top The Generative AI Race<\/a><\/p>\n\n\n\n

Gemini 2.0 Highlights<\/strong><\/h2>\n\n\n\n

Google released a blog post<\/a> that highlights Gemini 2.0\u2019s enhanced capabilities. Gemini 2.0 outperforms older models such as Gemini 1.5 Flash and Gemini 1.5 Pro in several key benchmarks. This new model can support both multimodal inputs and multimodal outputs.<\/p>\n\n\n\n

Additionally, Google is implementing Gemini 2.0 into several of its products. This includes Project Mariner, an experimental Chrome extension. This AI agent can browse the internet and complete online tasks (such as shopping) for the user. There is also Jules, an AI agent that can help programmers with debugging codes. Gemini 2.0 is also set to help gamers by generating strategies in real-time conversations. It should be noted that most of these agents are still in the development stage and are accessible to select users only.<\/p>\n\n\n\n

Currently, an experimental version of Gemini 2.0 Flash is available to all Gemini users. Users can also access a chat-optimized version of Gemini 2.0 Flash on desktop and mobile web. This will be made available to Gemini App users next year. Google is also testing Gemini 2.0 in AI Overviews with plans of widespread rollouts early next year.<\/p>\n","post_title":"Introducing Gemini 2.0: Google\u2019s Most Capable Model That Can Power AI Agents","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-2-0-googles-most-capable-model-that-can-power-ai-agents","to_ping":"","pinged":"","post_modified":"2024-12-19 21:51:21","post_modified_gmt":"2024-12-19 10:51:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19917","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18231,"post_author":"17","post_date":"2024-08-15 19:36:56","post_date_gmt":"2024-08-15 09:36:56","post_content":"\n

Google has unveiled a new feature for its flagship AI model called Gemini Live. The announcement came during the recently concluded<\/a> \u201cMade By Google\u201d event.<\/p>\n\n\n\n

\u201cGemini Live is the most natural way to interact with Gemini. Now you can have free-flowing conversations with Gemini\u201d<\/em>, the company stated during their keynote speech<\/a>.<\/p>\n\n\n\n

Gemini Live allows users to freely converse with Gemini. The AI will respond in real-time to offer solutions or generate answers to a given question. Users can interrupt the AI mid-response to change the topic or explore a particular point further.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Live also works in the background or when the phone is locked. So, users can continue chatting with the AI while performing other tasks. Users can choose from 10 different voices for their Gemini model.<\/p>\n\n\n\n

Google hopes this feature will be able to replicate real-life conversations, making the user experience more natural and satisfying. The company has also claimed that it has completely integrated Gemini to the Android user experience.<\/p>\n\n\n\n

Currently, Gemini Live is available only to Gemini Advanced subscribers and is only available in English. Google has stated that the feature will expand to iOS and other languages in the coming weeks.<\/p>\n","post_title":"Introducing Gemini Live: Google's New AI Feature That Allows Real-Time Conversations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-live-googles-new-ai-feature-that-allows-real-time-conversations","to_ping":"","pinged":"","post_modified":"2024-08-15 19:38:31","post_modified_gmt":"2024-08-15 09:38:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18231","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16998,"post_author":"17","post_date":"2024-05-27 09:08:35","post_date_gmt":"2024-05-26 23:08:35","post_content":"\n

Tech giant Google has unveiled its newest multimodal Large Language Model (LLM) called Gemini Flash. The announcement came during the recently concluded Google I\/O, the annual developer conference organized by Google.<\/p>\n\n\n\n

\u201cToday, we\u2019re introducing Gemini 1.5 Flash: a model that\u2019s lighter-weight than 1.5 Pro, and designed to be fast and efficient to serve at scale\u201d<\/em><\/strong>, stated Demis Hassabis<\/a> CEO and Co-Founder of Google DeepMind. He goes on to explain that Flash is \u201coptimized for high-volume, high-frequency tasks at scale\u201d. Although this new model is a comparatively lighter weight model, it was still trained using the Gemini 1.5 pro model. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Flash has been noted for its performance in summarization, chat applications, image and video captioning, data extraction from long documents and tables. The context window for the new model has also increased up to 1 million. This means the model can process one hour of video, 11 hours of audio, codebases with more than 30,000 lines of code, or over 700,000 words.<\/p>\n\n\n\n

Gemini Flash is accessible for public preview in more than 200 regions across the globe. Currently<\/a>, the model is available in 2 price plans. The \u201cFree of charge\u201d plan has a limit of 15 requests per minute (RPM) and 1,500 requests per day (RPD). The \u201cpay-as-you-go\u201d plan will cost users $0.35 to $0.70 per 1 million input token and $1.05 to $2.10 per 1 million output token. The paid version allows 360 RPM and 10,000 RPD.<\/p>\n","post_title":"Google Announces Gemini Flash As It Attempts To Top The Generative AI Race","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-announces-gemini-flash-as-it-attempts-to-top-the-generative-ai-race","to_ping":"","pinged":"","post_modified":"2024-05-27 09:08:38","post_modified_gmt":"2024-05-26 23:08:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16998","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15993,"post_author":"20","post_date":"2024-03-24 13:27:02","post_date_gmt":"2024-03-24 02:27:02","post_content":"\n

French authorities have fined Google $270M(About 250M Euro) for breaking its commitment to paying media outlets to use their data in search results and references. A report also mentioned that Google used publishers' data to train Gemini without informing the owners.<\/p>\n\n\n\n

Google was the only platform to sign licensing agreements with 280 French press publishers and almost 450 publications under the European Copyright Directive (EUCD)<\/a> paying them tens of millions of euros yearly to cover the copyrights. <\/p>\n\n\n\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

\u201cToday we\u2019re excited to launch our next era of models built for this new agentic era: introducing Gemini 2.0, our most capable model yet. With new advances in multimodality \u2014 like native image and audio output \u2014 and native tool use, it will enable us to build new AI agents that bring us closer to our vision of a universal assistant\u201d,<\/em><\/strong> said Sundar Pichai, CEO of Google. <\/p>\n\n\n\n

With Gemini 2.0 Google is entering what it refers to as the \u201cera of AI agents\u201d. According to Demis Hassabi, CEO of Google DeepMind, \u201cGemini 2.0 Flash\u2019s native user interface action-capabilities, along with other improvements, all work in concert to enable a new class of agentic experiences\u201d<\/em><\/strong>. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Google Announces Gemini Flash As It Attempts To Top The Generative AI Race<\/a><\/p>\n\n\n\n

Gemini 2.0 Highlights<\/strong><\/h2>\n\n\n\n

Google released a blog post<\/a> that highlights Gemini 2.0\u2019s enhanced capabilities. Gemini 2.0 outperforms older models such as Gemini 1.5 Flash and Gemini 1.5 Pro in several key benchmarks. This new model can support both multimodal inputs and multimodal outputs.<\/p>\n\n\n\n

Additionally, Google is implementing Gemini 2.0 into several of its products. This includes Project Mariner, an experimental Chrome extension. This AI agent can browse the internet and complete online tasks (such as shopping) for the user. There is also Jules, an AI agent that can help programmers with debugging codes. Gemini 2.0 is also set to help gamers by generating strategies in real-time conversations. It should be noted that most of these agents are still in the development stage and are accessible to select users only.<\/p>\n\n\n\n

Currently, an experimental version of Gemini 2.0 Flash is available to all Gemini users. Users can also access a chat-optimized version of Gemini 2.0 Flash on desktop and mobile web. This will be made available to Gemini App users next year. Google is also testing Gemini 2.0 in AI Overviews with plans of widespread rollouts early next year.<\/p>\n","post_title":"Introducing Gemini 2.0: Google\u2019s Most Capable Model That Can Power AI Agents","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-2-0-googles-most-capable-model-that-can-power-ai-agents","to_ping":"","pinged":"","post_modified":"2024-12-19 21:51:21","post_modified_gmt":"2024-12-19 10:51:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19917","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18231,"post_author":"17","post_date":"2024-08-15 19:36:56","post_date_gmt":"2024-08-15 09:36:56","post_content":"\n

Google has unveiled a new feature for its flagship AI model called Gemini Live. The announcement came during the recently concluded<\/a> \u201cMade By Google\u201d event.<\/p>\n\n\n\n

\u201cGemini Live is the most natural way to interact with Gemini. Now you can have free-flowing conversations with Gemini\u201d<\/em>, the company stated during their keynote speech<\/a>.<\/p>\n\n\n\n

Gemini Live allows users to freely converse with Gemini. The AI will respond in real-time to offer solutions or generate answers to a given question. Users can interrupt the AI mid-response to change the topic or explore a particular point further.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Live also works in the background or when the phone is locked. So, users can continue chatting with the AI while performing other tasks. Users can choose from 10 different voices for their Gemini model.<\/p>\n\n\n\n

Google hopes this feature will be able to replicate real-life conversations, making the user experience more natural and satisfying. The company has also claimed that it has completely integrated Gemini to the Android user experience.<\/p>\n\n\n\n

Currently, Gemini Live is available only to Gemini Advanced subscribers and is only available in English. Google has stated that the feature will expand to iOS and other languages in the coming weeks.<\/p>\n","post_title":"Introducing Gemini Live: Google's New AI Feature That Allows Real-Time Conversations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-live-googles-new-ai-feature-that-allows-real-time-conversations","to_ping":"","pinged":"","post_modified":"2024-08-15 19:38:31","post_modified_gmt":"2024-08-15 09:38:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18231","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16998,"post_author":"17","post_date":"2024-05-27 09:08:35","post_date_gmt":"2024-05-26 23:08:35","post_content":"\n

Tech giant Google has unveiled its newest multimodal Large Language Model (LLM) called Gemini Flash. The announcement came during the recently concluded Google I\/O, the annual developer conference organized by Google.<\/p>\n\n\n\n

\u201cToday, we\u2019re introducing Gemini 1.5 Flash: a model that\u2019s lighter-weight than 1.5 Pro, and designed to be fast and efficient to serve at scale\u201d<\/em><\/strong>, stated Demis Hassabis<\/a> CEO and Co-Founder of Google DeepMind. He goes on to explain that Flash is \u201coptimized for high-volume, high-frequency tasks at scale\u201d. Although this new model is a comparatively lighter weight model, it was still trained using the Gemini 1.5 pro model. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Flash has been noted for its performance in summarization, chat applications, image and video captioning, data extraction from long documents and tables. The context window for the new model has also increased up to 1 million. This means the model can process one hour of video, 11 hours of audio, codebases with more than 30,000 lines of code, or over 700,000 words.<\/p>\n\n\n\n

Gemini Flash is accessible for public preview in more than 200 regions across the globe. Currently<\/a>, the model is available in 2 price plans. The \u201cFree of charge\u201d plan has a limit of 15 requests per minute (RPM) and 1,500 requests per day (RPD). The \u201cpay-as-you-go\u201d plan will cost users $0.35 to $0.70 per 1 million input token and $1.05 to $2.10 per 1 million output token. The paid version allows 360 RPM and 10,000 RPD.<\/p>\n","post_title":"Google Announces Gemini Flash As It Attempts To Top The Generative AI Race","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-announces-gemini-flash-as-it-attempts-to-top-the-generative-ai-race","to_ping":"","pinged":"","post_modified":"2024-05-27 09:08:38","post_modified_gmt":"2024-05-26 23:08:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16998","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15993,"post_author":"20","post_date":"2024-03-24 13:27:02","post_date_gmt":"2024-03-24 02:27:02","post_content":"\n

French authorities have fined Google $270M(About 250M Euro) for breaking its commitment to paying media outlets to use their data in search results and references. A report also mentioned that Google used publishers' data to train Gemini without informing the owners.<\/p>\n\n\n\n

Google was the only platform to sign licensing agreements with 280 French press publishers and almost 450 publications under the European Copyright Directive (EUCD)<\/a> paying them tens of millions of euros yearly to cover the copyrights. <\/p>\n\n\n\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT
\n

American tech company Google has released Gemini 2.0, the latest version of the company\u2019s flagship AI model. Gemini 2.0 is reported to be Google's strongest AI model. It is set to power various AI agents that can autonomously perform tasks such as online shopping, browsing, and gaming.<\/p>\n\n\n\n

\u201cToday we\u2019re excited to launch our next era of models built for this new agentic era: introducing Gemini 2.0, our most capable model yet. With new advances in multimodality \u2014 like native image and audio output \u2014 and native tool use, it will enable us to build new AI agents that bring us closer to our vision of a universal assistant\u201d,<\/em><\/strong> said Sundar Pichai, CEO of Google. <\/p>\n\n\n\n

With Gemini 2.0 Google is entering what it refers to as the \u201cera of AI agents\u201d. According to Demis Hassabi, CEO of Google DeepMind, \u201cGemini 2.0 Flash\u2019s native user interface action-capabilities, along with other improvements, all work in concert to enable a new class of agentic experiences\u201d<\/em><\/strong>. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Google Announces Gemini Flash As It Attempts To Top The Generative AI Race<\/a><\/p>\n\n\n\n

Gemini 2.0 Highlights<\/strong><\/h2>\n\n\n\n

Google released a blog post<\/a> that highlights Gemini 2.0\u2019s enhanced capabilities. Gemini 2.0 outperforms older models such as Gemini 1.5 Flash and Gemini 1.5 Pro in several key benchmarks. This new model can support both multimodal inputs and multimodal outputs.<\/p>\n\n\n\n

Additionally, Google is implementing Gemini 2.0 into several of its products. This includes Project Mariner, an experimental Chrome extension. This AI agent can browse the internet and complete online tasks (such as shopping) for the user. There is also Jules, an AI agent that can help programmers with debugging codes. Gemini 2.0 is also set to help gamers by generating strategies in real-time conversations. It should be noted that most of these agents are still in the development stage and are accessible to select users only.<\/p>\n\n\n\n

Currently, an experimental version of Gemini 2.0 Flash is available to all Gemini users. Users can also access a chat-optimized version of Gemini 2.0 Flash on desktop and mobile web. This will be made available to Gemini App users next year. Google is also testing Gemini 2.0 in AI Overviews with plans of widespread rollouts early next year.<\/p>\n","post_title":"Introducing Gemini 2.0: Google\u2019s Most Capable Model That Can Power AI Agents","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-2-0-googles-most-capable-model-that-can-power-ai-agents","to_ping":"","pinged":"","post_modified":"2024-12-19 21:51:21","post_modified_gmt":"2024-12-19 10:51:21","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=19917","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":18231,"post_author":"17","post_date":"2024-08-15 19:36:56","post_date_gmt":"2024-08-15 09:36:56","post_content":"\n

Google has unveiled a new feature for its flagship AI model called Gemini Live. The announcement came during the recently concluded<\/a> \u201cMade By Google\u201d event.<\/p>\n\n\n\n

\u201cGemini Live is the most natural way to interact with Gemini. Now you can have free-flowing conversations with Gemini\u201d<\/em>, the company stated during their keynote speech<\/a>.<\/p>\n\n\n\n

Gemini Live allows users to freely converse with Gemini. The AI will respond in real-time to offer solutions or generate answers to a given question. Users can interrupt the AI mid-response to change the topic or explore a particular point further.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Live also works in the background or when the phone is locked. So, users can continue chatting with the AI while performing other tasks. Users can choose from 10 different voices for their Gemini model.<\/p>\n\n\n\n

Google hopes this feature will be able to replicate real-life conversations, making the user experience more natural and satisfying. The company has also claimed that it has completely integrated Gemini to the Android user experience.<\/p>\n\n\n\n

Currently, Gemini Live is available only to Gemini Advanced subscribers and is only available in English. Google has stated that the feature will expand to iOS and other languages in the coming weeks.<\/p>\n","post_title":"Introducing Gemini Live: Google's New AI Feature That Allows Real-Time Conversations","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"introducing-gemini-live-googles-new-ai-feature-that-allows-real-time-conversations","to_ping":"","pinged":"","post_modified":"2024-08-15 19:38:31","post_modified_gmt":"2024-08-15 09:38:31","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=18231","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":16998,"post_author":"17","post_date":"2024-05-27 09:08:35","post_date_gmt":"2024-05-26 23:08:35","post_content":"\n

Tech giant Google has unveiled its newest multimodal Large Language Model (LLM) called Gemini Flash. The announcement came during the recently concluded Google I\/O, the annual developer conference organized by Google.<\/p>\n\n\n\n

\u201cToday, we\u2019re introducing Gemini 1.5 Flash: a model that\u2019s lighter-weight than 1.5 Pro, and designed to be fast and efficient to serve at scale\u201d<\/em><\/strong>, stated Demis Hassabis<\/a> CEO and Co-Founder of Google DeepMind. He goes on to explain that Flash is \u201coptimized for high-volume, high-frequency tasks at scale\u201d. Although this new model is a comparatively lighter weight model, it was still trained using the Gemini 1.5 pro model. <\/p>\n\n\n\n

See Related: <\/em><\/strong>Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini<\/a><\/p>\n\n\n\n

Gemini Flash has been noted for its performance in summarization, chat applications, image and video captioning, data extraction from long documents and tables. The context window for the new model has also increased up to 1 million. This means the model can process one hour of video, 11 hours of audio, codebases with more than 30,000 lines of code, or over 700,000 words.<\/p>\n\n\n\n

Gemini Flash is accessible for public preview in more than 200 regions across the globe. Currently<\/a>, the model is available in 2 price plans. The \u201cFree of charge\u201d plan has a limit of 15 requests per minute (RPM) and 1,500 requests per day (RPD). The \u201cpay-as-you-go\u201d plan will cost users $0.35 to $0.70 per 1 million input token and $1.05 to $2.10 per 1 million output token. The paid version allows 360 RPM and 10,000 RPD.<\/p>\n","post_title":"Google Announces Gemini Flash As It Attempts To Top The Generative AI Race","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-announces-gemini-flash-as-it-attempts-to-top-the-generative-ai-race","to_ping":"","pinged":"","post_modified":"2024-05-27 09:08:38","post_modified_gmt":"2024-05-26 23:08:38","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=16998","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15993,"post_author":"20","post_date":"2024-03-24 13:27:02","post_date_gmt":"2024-03-24 02:27:02","post_content":"\n

French authorities have fined Google $270M(About 250M Euro) for breaking its commitment to paying media outlets to use their data in search results and references. A report also mentioned that Google used publishers' data to train Gemini without informing the owners.<\/p>\n\n\n\n

Google was the only platform to sign licensing agreements with 280 French press publishers and almost 450 publications under the European Copyright Directive (EUCD)<\/a> paying them tens of millions of euros yearly to cover the copyrights. <\/p>\n\n\n\n

Google France Blog mentioned \"We have compromised because it is time to turn the page and, as our numerous agreements with publishers prove, we want to focus on sustainable approaches to connect Internet users with quality content and work constructively with publishers.\u00a0\"<\/em><\/p>\n\n\n\n

The Competition Authority fined Google because it didn't follow four of the seven obligatory commitments under the decision 22-D -13 of June 21, 2022. <\/p>\n\n\n\n

See Related:<\/em><\/strong> Coinbase Approved As Virtual Asset Provider in France<\/a><\/p>\n\n\n\n

Neighboring Rights And Commitments<\/h2>\n\n\n\n

In 2019 the EU introduced \"Neighboring Rights\" which made print media capable of demanding compensation for using their content and this was in trial phases in France. Google agreed to pay French Media for using their articles or news in searches. In 2022, a new commitment was made by Google, which says that Google should offer news publishers a transparent offer of payment within three months of receiving a copyright claim.<\/p>\n\n\n\n

Google didn't regard the commitments and used publishers' data to train its AI chatbot Bard, currently known as Gemini. So Google failed to provide a proper solution for publishers, allowing them to object to using their content by Google. <\/p>\n\n\n\n

In response, Google proposed effective measures<\/a> in response to identified failings to solve this dispute which has gone too far.<\/p>\n","post_title":"French Regulators Fined Google $270M For Using News Publishers' Data","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"french-regulators-fined-google-270m-for-using-news-publishers-data","to_ping":"","pinged":"","post_modified":"2024-03-24 13:27:35","post_modified_gmt":"2024-03-24 02:27:35","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15993","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":15408,"post_author":"17","post_date":"2024-02-16 22:20:00","post_date_gmt":"2024-02-16 11:20:00","post_content":"\n

Google has decided to rebrand its flagship chatbot. Previously known as Bard, this chatbot as well as Google Assistant will both be incorporated into Gemini, Google\u2019s most powerful series of AI models to date.<\/p>\n\n\n\n

Gemini is a series of multimodal large language models (LLM) that were released late last year. Gemini was announced with 3 different models - Gemini Mini, Gemini Pro, and Gemini Ultra. Google already released Gemini Pro 1.0 last year. Now Bard will be integrated into Gemini Ultra version 1.0.<\/p>\n\n\n\n

This latest iteration of Gemini Ultra is also called Gemini Advanced and Google claims it is the company\u2019s \u201clargest and most capable state-of-the-art AI model\u201d.<\/p>\n\n\n\n

See Related: <\/em><\/strong>Bard Enhances YouTube Experience Through Video Comprehension Capabilities<\/a><\/p>\n\n\n\n

\u201cToday we\u2019re launching Gemini Advanced \u2014 a new experience that gives you access to Ultra 1.0, our largest and most capable state-of-the-art AI model. In blind evaluations with our third-party raters, Gemini Advanced with Ultra 1.0 is now the most preferred chatbot compared to leading alternatives\u201d<\/em>,\u00a0stated Sissie Hsiao<\/a>, Vice President and General Manager, of Google Assistant and Gemini Experiences (formerly known as Bard).<\/p>\n\n\n\n

Gemini Advanced can help users with complex codes, detailed instructions, and logical reasoning. Google says it will continue to implement new features as it accelerates its AI research.<\/p>\n\n\n\n

Gemini Advanced is available both on Android and iOS platforms. Google has rolled out Gemini in English in over 150 regions with plans to expand it to multiple languages.<\/p>\n","post_title":"Google Rebrands Its Flagship Chatbot Bard Into Gemini: Here Is What To Expect","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-rebrands-its-flagship-chatbot-bard-into-gemini-here-is-what-to-expect","to_ping":"","pinged":"","post_modified":"2024-02-16 22:20:04","post_modified_gmt":"2024-02-16 11:20:04","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=15408","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":14802,"post_author":"17","post_date":"2023-12-29 23:01:53","post_date_gmt":"2023-12-29 12:01:53","post_content":"\n

Google has recently unveiled its latest and most ambitious AI endeavor yet. Designated as \u201cGemini\u201d, it is \u201cthe most capable and general model\u201d built by the company. <\/p>\n\n\n\n

According to Demis Hassabis<\/a>, CEO and Co-Founder of Google DeepMind, \u201cGemini is the result of large-scale collaborative efforts by teams across Google, including our colleagues at Google Research.\u201d. <\/em><\/strong>Google first announced the project back in May 2023 during Google I\/O. Since then, Gemini has garnered plenty of attention as a suitable competitor to OpenAI\u2019s GPT-4.<\/p>\n\n\n\n

According to Hassabis, Gemini\u00a0\u201cwas built from the ground up to be multimodal, which means it can generalize and seamlessly understand, operate across and combine different types of information including text, code, audio, image, and video.\u201d.<\/em><\/strong><\/p>\n\n\n\n

See Related:<\/em><\/strong> Lightning Network Upgrades Coming To El Salvador Bitcoin ATMs<\/a><\/p>\n\n\n\n

Sizes In Gemini 1.0<\/h2>\n\n\n\n

The first generation of Gemini (called Gemini 1.0) comes in 3 different sizes: Gemini Ultra, Gemini Pro, and Gemini Mini. Google claims their new MLLM (multimodal large language models) exceeds the performance of other similar models on most academic benchmarks such as MMLU, GSM8K, etc.<\/p>\n\n\n\n

Speaking positively on the impact Gemini will make in the AI industry and the potential it holds, Google CEO Sundar Pichai said, \"This new era of models represents one of the biggest science and engineering efforts we\u2019ve undertaken as a company\u201d<\/em><\/strong>.<\/p>\n\n\n\n

Currently, Google is integrating Gemini Pro in many of its products, including Bard and Google Pixel. Gemini Ultra is only available to selected individuals and experts \u201cfor early experimentation and feedback\u201d.<\/em><\/strong><\/p>\n","post_title":"Google Launches Its Largest And Most Capable AI Model Yet - Google Gemini","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"google-launches-its-largest-and-most-capable-ai-model-yet-google-gemini","to_ping":"","pinged":"","post_modified":"2023-12-29 23:01:58","post_modified_gmt":"2023-12-29 12:01:58","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=14802","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"},{"ID":9360,"post_author":"13","post_date":"2023-01-14 16:16:36","post_date_gmt":"2023-01-14 05:16:36","post_content":"\n

The US Securities and Exchange Commission (SEC) charges<\/a> cryptocurrency exchange Gemini and Genesis Global for offering unregistered securities through the Gemini Earn Crypto asset-lending program, which was terminated in November with $900 million from 340,000 investors.\u00a0\u00a0<\/p>\n\n\n\n

Announcing in a press release dated January 12, the agency has filed a complaint with the US District of New York, accusing the two companies of breaching Section 5 (a) and 5(c) of the Securities Act of 1933 - seeking for permanent injunctive relief, disgorgement of ill-gotten gains plus prejudgment interest, and civil penalties.<\/p>\n\n\n\n

\u2018\u2018We allege that Genesis and Gemini offered unregistered securities to the public, bypassing disclosure requirements designed to protect investors,\u2019\u2019 <\/em>chairperson Gary Gensler said. \u2018\u2018(the) charges build on previous actions to make clear to the marketplace and the investing public that crypto lending platforms and other intermediaries need to comply with our time-tested securities laws,<\/em>\u2019\u2019 he added.<\/p>\n\n\n\n

See Related:<\/strong><\/em> Algorithmic Stablecoins Face Ban As US Congress Pushes Stablecoin Regulation Bill<\/a><\/p>\n\n\n\n

Gemini Drew As High As 4% Interest In The Earn Program<\/h2>\n\n\n\n

In Dec. 2020, Gemini collaborated with Genesis - also part of the Digital Currency Group - to offer the exchange\u2019s customers a way to loan out their crypto holdings and earn interest. In the arrangement, Gemini was the agent and deducted interest of as high as 4.29% from the amount paid to Gemini\u2019s investors \u2013 where determined how and when to invest the pooled funds.<\/p>\n\n\n\n

Later, Genesis suspended<\/a> the withdrawal of the funds, saying it lacked enough assets to meet the requests. In the submission, SEC alleges that the Gemini Earn program constitutes a sale of a security and ought to have been registered under its purview. The failure denies investors crucial information on the program leading to losses.<\/p>\n\n\n\n

SEC is continuing investigations into the possibility of any other security laws being violated by the two entities and has appealed to the public to provide any relevant evidence through its whistleblower program.<\/p>\n\n\n\n

See Related:<\/em><\/strong> Japanese Cryptocurrency Regulation Eases; Stablecoins To Be Listed Without Screening<\/a><\/p>\n","post_title":"US Regulator Charges Gemini and Genesis For Violating Securities Law In Crypto Lending","post_excerpt":"","post_status":"publish","comment_status":"closed","ping_status":"closed","post_password":"","post_name":"us-regulator-charges-gemini-and-genesis-for-violating-securities-law-in-crypto-lending","to_ping":"","pinged":"","post_modified":"2023-01-14 16:18:52","post_modified_gmt":"2023-01-14 05:18:52","post_content_filtered":"","post_parent":0,"guid":"https:\/\/www.thedistributed.co\/?p=9360","menu_order":0,"post_type":"post","post_mime_type":"","comment_count":"0","filter":"raw"}],"next":false,"total_page":false},"paged":1,"class":"jblog_block_13"};

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT

Gemini

Most Read

Subscribe To Our Newsletter

By subscribing, you agree with our privacy and terms.

Follow The Distributed

ADVERTISEMENT