Bitcoin’s Push Toward $100,000 Runs Into a Wall of Resistance

Bitcoin bulls are starting to express some doubts after what seemed like an inevitable march toward a record high price of $100,000 loses momentum. “While we’re seeing strong institutional buying pressure, particularly from entities like MicroStrategy’s continued accumulation strategy, the broader crypto ecosystem is experiencing a diversification of capital flows from both institutional and non-institutional […]

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Alibaba Unveils Marco-o1 AI Model That Thinks Before It Speaks

Alibaba recently introduced a reasoning-focused artificial intelligence (AI) model dubbed Marco-o1. The model is similar to the QwQ-32B large language model, which is also optimised for tasks requiring advanced reasoning capabilities, however, one important distinction is that the Marco-o1 is a smaller model and is distilled from the Qwen2-7B-Instruct model. The Chinese tech giant claimed […]

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Proposed Australia Law Would Fine Big Tech Over Digital Competition

Australia proposed a law on Monday that could impose fines of up to AUD 50 million ($33 million or roughly Rs. 279 crore) on global technology companies if they suppress competition and prevent consumers from switching between services. The centre-left Labor government has targeted Big Tech’s influence, and parliament passed a law last week that banned social media for children aged under 16. The proposed law would empower Australia’s competition regulator to oversee compliance, investigate […]

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Alibaba’s New AI Model Gets Reasoning Skills to Match OpenAI’s GPT-o1

Alibaba released a new artificial intelligence (AI) model on Thursday, which is said to rival OpenAI’s GPT-o1 series models in reasoning capability. Launched in preview, the QwQ-32B large language model (LLM) is said to outperform GPT-o1-preview in several mathematical and logical reasoning-related benchmarks. The new AI model is available to download on Hugging Face, however […]

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Why Are Extreme Heat Hotspots Defying Climate Expectations Worldwide?

A recent study, published in Proceedings of the National Academy of Sciences, has identified regions globally experiencing extreme heatwaves surpassing climate model predictions. These anomalies, spanning every continent except Antarctica, have been linked to thousands of deaths, agricultural failures, and severe wildfires in recent years, according to several reports. The research highlights the challenges in […]

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Australia Moves Closer to Ban Social Media for Children

Australia on Wednesday moved closer to banning social media for children under 16 after the parliament’s lower house passed the bill even as Alphabet’s Google and Facebook-owner Meta pressed the government to delay the legislation. Australia’s House of Representatives passed the bill 102 votes to 13 after Prime Minister Anthony Albanese’s centre-left Labor government secured […]

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