AI & RoboticsNews

Runway unveils new hyper realistic AI video model Gen-3 Alpha, capable of 10-second-long clips

June 18, 2024
New York City-based Runway ML, also known as Runway, was among the earliest startups to focus on realistic high-quality generative AI video creation models. But following the debut of its Gen-1 model in February 2023 and Gen-2 in June 2023, the company has since seen its star occluded by other highly realistic AI video generators, namely OpenAI’s still-unreleased Sora model and Luma AI’s…
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DefenseNews

How many F-35s to buy? Draft defense bills disagree

June 18, 2024
The Senate’s proposed National Defense Authorization Act would leave the military’s planned purchases of 68 F-35 Joint Strike Fighters in fiscal 2025 unchanged. The chamber’s draft NDAA, which members of the Senate Armed Services Committee unveiled Friday, represents…
DefenseNews

GM Defense eyes $1 billion European market for tactical vehicles

June 18, 2024
PARIS — GM Defense hopes that a resurgence of the car giant’s commercial business in Europe will pave the way for sales of militarized trucks used by special operations units, a company executive said.The company makes the Infantry Squad vehicle, based on the Colorado pickup truck, which is in production for vanguard U.S. Army formations including the 82nd Airborne Division, and is readying a…
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Cleantech & EV'sNews

Sunbelt Rentals adds electric skid steer to its California lineup

June 18, 2024
The latest addition to Sunbelt Rentals’ ever-expanding lineup of zero-emission construction equipment is here, and it’s an all-electric skid steer set to be deployed on the Gateway project at UC Berkeley, California.UC Berkeley’s Gateway will be the future home of the school’s computer and data science departments. Students there will explore technological solutions for an equitable and…
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CryptoNews

Bitfinex Becomes First Exchange to List New USD-Denominated, Gold-Tethered Asset

June 18, 2024
Bitfinex, a leading digital asset trading platform, has announced the listing of a new USD-denominated Tethered Asset, AUSDT, by Alloy by Tether. This innovative offering tethers its value to Tether Gold, backed by physical gold, introducing a new level of stability and reliability to the volatile cryptocurrency market. The AUSDT token, which is available for trading on Bitfinex, combines the…
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