DefenseNews

Defense companies jack up Germany’s auto industry to make weapons fast

THE HAGUE, Netherlands — Germany’s economy should embrace the pivot from cars to defense equipment as a major growth driver, according to a proposal by the country’s leading defense industry group. The Federal Association of the German Security and Defense Industry (BDSV) pitched the idea last week while hailing the incoming government’s pledge to continue expanding the defense budget…
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Cleantech & EV'sNews

Ford is plowing billions into Europe to fend off the surge of low-cost Chinese EVs

Ford is investing billions in Europe as it struggles to keep pace with the wave of Chinese and other low-cost EVs hitting the market. With another 4.4 billion euros ($4.8 billion) in funding, Ford looks to turn things around, but it’s also calling on lawmakers to do more. Ford injects billions in Europe to fight Chinese EVs With “significant losses” over the past few years, Ford is…
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CryptoNews

South Korea Opens Door to Institutional Crypto Investment

South Korea is shifting its stance on crypto, moving towards a more open approach by lifting its ban on institutional crypto trading.The Financial Services Commission (FSC) will release crypto investment guidelines, with staggered timelines for different participants. This…
CryptoNews

Former Ripple Software Engineer Touts ‘Intents’ as Ripple's Secret Sauce

Austin King sold his startup to Ripple in 2019 and claims his technological approach called “intents” will revolutionize crypto, but the details he provides are scant. ‘Intents’ Could Be Ripple’s Game-Changer, Says Ex-Employee Crypto entrepreneur and former Ripple software engineer Austin King published a curious post on Tuesday, claiming that Ripple is building a platform so…
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AI & RoboticsNews

Sony testing AI to drive PlayStation characters

As a company and first-party platform, PlayStation and Sony have not shied away from using AI as part of their value proposal to consumers. While competitor Microsoft has made a big show about using it for game ideation and prototyping, Sony has instead focused on using AI and machine-learning for frame generation and hardware uses, largely staying away from experimenting with its acclaimed…
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