• 0 Posts
  • 20 Comments
Joined 1 year ago
cake
Cake day: June 19th, 2023

help-circle













  • I think this model has billions of weights. So I believe that means the model itself is quite large. Since the receiver needs to already have this model, I’d suggest that rather than compressing the data, we have instead pre encoded it, embedded it in the model weights, and thus the “compression” is just basically passing a primary key that points to the data to be compressed in the model.

    It’s like, if you already have a copy of a book, I can “compress” any text in that book into 2 numbers: a page offset, and a word offset on that page. But that’s cheating because, at some point, we had to transfer to book too!







  • When SVB failed earlier this year, the FDIC stepped in to protect all of the California bank’s U.S. deposits and arranged a sale of the lender’s U.S. customer accounts, branches and loans to First Citizens Bancshares.

    Left out of that deal was SVB’s branch in the Cayman Islands, which had deposits from the bank’s clients in China, Singapore and other parts of Asia, including venture-capital and private-equity firms with funds that domiciled in the British overseas territory. Those investment firms were stunned in late March when they found out their deposits weren’t protected, and the FDIC—acting as SVB’s receiver—had drained their bank accounts, The Wall Street Journal reported previously.

    Businesses that moved to the Caymans (presumably to avoid paying taxes) should not expect the be bailed out by the FDIC