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Gold market cap tops $30 trillion, well above Bitcoin & tech
Gold's market capitalization reached $30 trillion after the metal climbed to a record $4,380 per troy ounce. That figure is an estimate of the total value of all mined gold and is roughly 14 times Bitcoin's roughly $2.1 trillion market cap and about 1.6 times the combined value of Nvidia, Microsoft, Apple, Alphabet, Amazon, Meta and Tesla. 
Artificial intelligence developers including OpenAI, Anthropic, Stability AI, Google, Meta, and Microsoft have pledged to bolster security measures to protect children during the development and deployment of AI models. This effort is spearheaded by the nonprofits All Tech Is Human and Thorn, dedicated to child safety. 
FTC orders AI chatbot firms to disclose child‑safety practices
The US Federal Trade Commission (FTC) sent compulsory 6(b) orders to seven AI chatbot operators, including OpenAI, Alphabet, Meta, xAI, Snap, Character Technologies and Instagram, demanding details on how their bots handle minors, monetize engagement and mitigate harm. 
The U.S. Federal Trade Commission (FTC) criticized several social media companies, including Meta, Google, and ByteDance, for collecting and processing user data without sufficient oversight or transparency. The collected data often includes age, gender, language, income, and other information of interest to advertisers. 
Match Group, the developer of popular dating services, has joined forces with the crypto exchanges Coinbase, Kraken, Gemini, and Meta (Facebook and Instagram) in a new initiative called Tech Against Scams. Together, they aim to combat the Pig Butchering scam, which involves building fake online relationships to steal assets. 
Meta has introduced two new open-source LLMs from its Llama 3 series, available in various parameter configurations (8B/70B). Developers are inviting the global community to actively engage in testing and developers to assist in identifying any potential flaws or critical bugs. 