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Blockchain Press Releases

Deci Releases Powerful Open-Source Generative AI Model, DeciCoder, to Redefine Code Generation for Developers

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This innovative leap in code generation, powered by a 1B-parameter LLM, sets the bar for unprecedented efficiency and performance

TEL AVIV, Israel, Aug. 16, 2023 /PRNewswire/ — Deci, the deep learning company harnessing AI to build AI, today released DeciCoder, its inaugural foundation model in generative AI helping users generate programming language code. This groundbreaking Large Language Model (LLM), dedicated to code generation with 1 billion parameters and an expansive 2048-context window, surpasses results released in equivalent models and effectively redefines the standards of efficient code generation.

DeciCoder’s unmatched throughput and low memory footprint enables teams to achieve extensive code generation with low latency, and migrate workloads to more affordable and widely available GPUs such as the NVIDIA A10G, resulting in substantial cost savings. When DeciCoder was benchmarked on Hugging Face Inference Endpoints against well-established code LLMs such as SantaCoder, DeciCoder showcased a 22% increase in throughput, a significant reduction in memory usage, and a 1.5-2.4 percentage point improvement in accuracy on the HumanEval benchmark. Notably, when combining DeciCoder with Deci’s LLM inference acceleration library, Infery, its throughput outperforms that of SantaCoder by 350%. 

“From enabling the fastest and most cost-efficient deployment for enterprises, to now branching into generative AI, we are relentlessly pushing boundaries and empowering developers with the advanced models and tools needed to effectively implement AI-powered applications across industries,” said  Yonatan Geifman PhD, CEO & co-founder of Deci. “Utilizing DeciCoder means less operations during inference, which translates to lower computational costs.”

DeciCoder was generated using Deci’s proprietary Automated Neural Architecture Construction (AutoNAC) engine, the most advanced Neural Architecture Search (NAS)-based technology on the market. AutoNAC identifies the ideal architecture that strikes a perfect balance between accuracy and processing speed, tailored for distinct data features, tasks, performance goals, and inference environment. Deci’s AutoNAC has generated some of the world’s most efficient computer vision and NLP models such as YOLO-NAS, DeciBERT and DeciSeg, among others.

The rollout of DeciCoder is the first in a series of the highly anticipated releases outlining Deci’s Generative AI offering, which are due to be released in the coming weeks.  DeciCoder and its pre-trained weights are available under the permissive Apache 2.0 License, granting developers broad usage rights and positioning the model for real-world, commercial applications.

To gain early access to Deci’s Infery and upcoming generative models, please visit https://deci.ai/get-early-access-deci-generative-ai/

About Deci
Deci enables deep learning to live up to its true potential by using AI to build better AI. With the company’s deep learning development platform, AI developers can build, optimize, and deploy faster and more accurate models for any environment including cloud, edge, and mobile, allowing them to revolutionize industries with innovative products. The platform is powered by Deci’s proprietary automated Neural Architecture Construction technology (AutoNAC), which automatically generates and optimizes deep learning models’ architecture and allows teams to accelerate inference performance, enable new use cases on limited hardware, shorten development cycles and reduce computing costs. Founded in 2019, Deci’s team of deep learning engineers and scientists are dedicated to eliminating production-related bottlenecks across the AI lifecycle.

Media Contact
Garrett Krivicich
[email protected]
+1 786 233 7684

View original content:https://www.prnewswire.co.uk/news-releases/deci-releases-powerful-open-source-generative-ai-model-decicoder-to-redefine-code-generation-for-developers-301902334.html

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Blockchain Press Releases

Webb Unveils Tangle Network Testnet, Pioneering the Future of Private, Decentralized Applications

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NEW YORK, Sept. 29, 2023 /PRNewswire/ — Today, Webb announced the launch of its much-anticipated Tangle Network Testnet, setting the stage for a new era of private and decentralized applications.

About Webb

Led by founder Drew Stone, Webb is the premier cross-chain zero-knowledge messaging layer, committed to revolutionizing blockchain privacy. Backed by industry giants like Polychain, Lemniscap, and Commonwealth Labs, Webb introduces a suite of tools aimed at advancing zero-knowledge (ZK) and multi-party computation (MPC) applications across multiple blockchains.

The Challenge and Our Solution

Blockchain networks today face significant hurdles: limited interoperability, scaling difficulties, centralized control, and privacy concerns. Webb’s Tangle Network, built on the powerful Substrate framework, is designed to tackle these challenges by offering a next-generation blockchain platform.

Why Tangle Network?

Our vision is to make it easier for developers to create secure, private zero-knowledge (ZK) and multi-party computation (MPC)-based decentralized applications. Tangle Network simplifies:

  • Proof Generation: Delegate computational tasks to our validators.
  • Trusted Setups: Tangle Network manages complex ceremonies for you.
  • Secure Signing: Utilize our threshold signing for cross-chain operations.

By removing these barriers, we massively improve the time to launch for ZK and MPC-based decentralized applications.

Noteworthy Features

  • Unparalleled speed, security, and scalability via Substrate.
  • Decentralized control through Distributed Key Generation (DKG).
  • Advanced protocols for zero-knowledge applications.
  • Cross-chain compatibility with IBC and XCM.
  • Easy migration of existing apps through Ethereum Virtual Machine (EVM) support.
  • Smooth, forkless upgrades.

What’s Next?

The Testnet launch kicks off with an in-depth whitepaper, followed by a series of engagement events during the testnet phase. Our mainnet is scheduled for a Q1/Q2 2024 launch, featuring hackathons, workshops, and a targeted grant program to accelerate the adoption of privacy-focused applications.

Testnet Quick Links

Get Involved

  • Developers: Start building on Tangle today. Learn More
  • Validators and Relayers: Help secure and maintain the network. Learn More
  • Join the Community: Follow us on Twitter or join our Discord.

Contact Us
For media inquiries, partnerships, or more information, email us at [email protected] 

Visit our website

View original content:https://www.prnewswire.co.uk/news-releases/webb-unveils-tangle-network-testnet-pioneering-the-future-of-private-decentralized-applications-301940846.html

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Blockchain Press Releases

ChainUp Celebrates 6th Anniversary, Charting Blockchain Innovations beyond Digital Assets

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SINGAPORE, Sept. 29, 2023 /PRNewswire/ — ChainUp, a Singapore-based trailblazer and global leader in the blockchain industry, marked its sixth anniversary celebration with more than 500 business partners at Ce La Vi Singapore. During the celebration, ChainUp Founder and CEO, Sailor Zhong reflected on the journey, “Six years in the blockchain industry showcases our resilience, innovation, and forward-looking approach. As we look to the future, we are committed to shaping a digital asset environment that is reliable, transparent, and unparalleled. ChainUp aims to champion blockchain solutions beyond the applications of digital assets and bridge the gap between digital asset markets and traditional finance (TradFi) to increase effectiveness and market efficiency.”

The DEX Renaissance
As decentralized finance (DeFi) comes into prominence and focused on returning control to users, one of the sectors impacted by DeFi are the exchanges where cryptocurrencies are traded. Data from CoinMarketCap reveals that trading volumes on Decentralized exchanges (DEX) reached $1.2 trillion in 2022, indicating a 340% YoY growth. However, factors such as poor user experience impeded the rate of adoption of DEX. Recognizing this trend, ChainUp has updated its white-labeled DEX solution, incorporating advanced features, strengthening its security, improving its liquidity and aims to provide a decentralized trading experience that is on par with commonly-used centralized exchanges (CEX).

Bridging TradFi and Digital Assets Market
The traditional financial sector has been progressing very cautiously on digital assets. As more institutions lean into RWA tokenization, they unlock unparalleled liquidity in a borderless trading environment. Amidst this evolution, ChainUp’s RWA solutions emerge as an industry pioneer, offering robust tokenization protocols, seamless integration, and enhanced security, bridging the gap between TradFi and the digital future with unmatched finesse.

Minimizing Risk and Maximizing Security
ChainUp’s MPC Wallet revolutionizes crypto security by integrating MPC technology with advanced hardware isolation, ensuring utmost safety and encryption on data. The wallet offers dynamic key-refreshing mechanisms, chain-agnostic compatibility, and eliminates single-point vulnerabilities. With efficient multi-address management and 24/7 expert support, users enjoy full asset control, scalability, and cost-efficiency, all under one roof.

Compliance: The Guiding Principle
Navigating global regulations in the blockchain sector can be complex. ChainUp’s KYT subsidiary, Trustformer, offers peace of mind for enterprises tackling compliance-related challenges.  ChainUp’s advanced solutions in Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) show their commitment to a more secure blockchain environment.

For detailed insights into ChainUp’s innovative solutions, please visit: https://www.chainup.com?channel=pr&type=article

About ChainUp
Headquartered in Singapore, ChainUp is a global leading end-to-end blockchain technology solutions provider covering infrastructure development and ecosystem support. Built on the mission to empower businesses through blockchain technology, ChainUp’s innovative and all-around compliant solutions include digital asset exchange, KYT, NFT trading, wallet, liquidity, Web3.0 infrastructure, digital asset custody, security token offerings and more. Established in 2017, ChainUp has offices around the world, serving more than 1,000 clients in 30 countries, reaching over 60 million end-users.

CONTACT: Jacelynn Pang, [email protected] 

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View original content:https://www.prnewswire.co.uk/news-releases/chainup-celebrates-6th-anniversary-charting-blockchain-innovations-beyond-digital-assets-301941862.html

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Blockchain Press Releases

BingX Collaborates with WunderTrading to Elevate Crypto Automated Trading

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SINGAPORE, Sept. 27, 2023 /PRNewswire/ — BingX, a leading global cryptocurrency exchange, is thrilled to announce its integration with WunderTrading, a cutting-edge platform that allows users to trade and invest crypto seamlessly using automated trading bots. This strategic partnership is aimed at enhancing the automated trading experience for BingX users and introducing a new level of convenience and innovation.

WunderTrading is a cloud-based cryptocurrency trading platform that simplifies cryptocurrency trading experience for beginners. Users can easily copy strategies of renowned traders or create their own. The platform offers an advanced trading terminal and automated bots integrated with TradingView, allowing users to manage portfolios efficiently within a single app. WunderTrading stands out by consolidating trading tools, enhancing user experience, and introducing unique features like the Spread-trading Terminal.

The integration of BingX and WunderTrading offers BingX users a significant advantage. With access to TradingView integration and the innovative Spread-trading Terminal, users can automate their trading strategies and diversify their portfolios with minimal risk. The Spread-trading terminal enables BingX users to choose assets for constructing a spread and will execute buy and sell orders simultaneously for the selected pairs. This integration empowers BingX users to create and fine-tune crypto trading bots swiftly, providing a unique opportunity to optimize their trading while minimizing market volatility risks.

Megan Nyvold, Head of Branding at BingX, expressed her excitement about the collaboration, saying, “BingX is always striving to offer our users the most innovative and user-friendly tools to navigate the crypto market with efficiency and greater ease. Our partnership with WunderTrading is a significant step forward. With this integration, we empower our users to trade smarter, diversify their portfolios, and navigate the crypto market with newfound confidence. We’re excited to see our users leverage the power of automated trading through WunderTrading and make the most of this enhanced trading experience.”

As BingX and WunderTrading join forces, users can look forward to an enhanced trading journey filled with innovative tools and features designed to optimize their trading strategies.

About BingX

BingX is a leading crypto exchange that offers spot, derivatives, copy, and grid trading services to over 100 countries and regions worldwide with over 5 million users. BingX continues to connect users with expert traders and the platform in a safe and innovative way. Please visit https://bingx.com to learn about BingX.

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View original content:https://www.prnewswire.co.uk/news-releases/bingx-collaborates-with-wundertrading-to-elevate-crypto-automated-trading-301940692.html

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