Stability
Stability AI previews Stable Diffusion 3 text-to-image model
London-based AI lab Stability AI has announced an early preview of its new text-to-image model, Stable Diffusion 3. The advanced generative AI model aims to create high-quality images from text prompts with improved performance across several key areas. The announcement comes just days after Stability AI’s largest rival, OpenAI, unveiled Sora—a brand new AI model…
Stability AI releases Stable Code 3B for enhanced coding assistance
Stability AI has announced the release of Stable Code 3B, an upgraded three billion parameter AI system for automatic code generation and completion. With enhancements like larger context size and improved completion quality, Stable Code 3B aims to push the boundaries of AI-assisted software development. At just three billion parameters, Stable Code 3B is designed…
Financial Stability Oversight Council Reiterates Call for Legislation to Address Crypto Risks
FSOC, a financial stability watchdog composed of the heads of most major U.S. financial regulators, published its annual report after one of the group’s meetings, taking a look at the past year in climate, banking, cybersecurity, artificial intelligence and other issues. As it has in years past, crypto received a section. Source link
Growth of Asset Tokenization on Blockchains Could Lead to Greater Risks to Financial Stability: Bank of England
That increasing size could pose risks for the wider financial environment, the bank said. The boom could “increase the interconnectedness of markets for crypto assets and traditional financial assets (since they are represented on the same ledger); and create direct exposures for systemic institutions,” the report said. Source link