Federal authorities arrested three individuals in California for allegedly laundering over $13 million from victims of crypto investment scams known as “pig butchering.” The suspects, including Chinese nationals Mingzhi Li and Zeyue Jia, along with Jun Shi, allegedly created shell companies—Magic Location Trading and Stone Water Trading—to operate unregistered money service businesses that…
Akool, a startup doing AI-driven avatar content creation, announced enhancements to Akool Streaming Avatars that connect avatars with AI models. Akool has added advanced video generation technology that now seamlessly integrates with large language models (LLMs) to help…
Hugging Face, the AI startup valued at over $4 billion, has introduced FastRTC, an open-source Python library that removes a major obstacle for developers when building real-time audio and video AI applications.
“Building real-time WebRTC and Websocket applications is very…
Microsoft has introduced a new class of highly efficient AI models that process text, images, and speech simultaneously while requiring significantly less computing power than existing systems. The new Phi-4 models, released today, represent a breakthrough in the development of small language models (SLMs) that deliver capabilities previously reserved for much larger AI systems.
Phi-4-Multimodal…
Google makes Gemini Code Assist free with 180,000 code completions per month as AI-powered dev race heats up
February 26, 2025
Google DeepMind has released a free version of its AI-powered coding assistant, Gemini Code Assist, expanding access to advanced coding tools for developers worldwide.
This launch follows the October 2024 debut of Gemini Code Assist Enterprise ($45 per month per user or $19…
How big U.S. bank BNY manages armies of AI agents
February 26, 2025
The financial services industry is one of the most regulated sectors. It also manages huge amounts of data. Conscious of a need for caution, financial companies have slowly added generative AI and AI agents to their stables of services.
The industry is no stranger to…
OpenAI drops Deep Research access to Plus users, heating up AI agent wars with DeepSeek and Claude
February 26, 2025
OpenAI announced today that it is rolling out its powerful Deep Research capability to all ChatGPT Plus, Team, Education and Enterprise users, significantly expanding access to what many experts consider the company’s most transformative AI agent since the original ChatGPT.
According to an announcement on OpenAI’s official X account, Plus, Team, Education and Enterprise users will initially…
Airbus wins $500 million contract to upgrade French Navy comms
February 26, 2025
PARIS — Airbus Defence and Space, together with Naval Group, won a contract worth as much as €480 million (US$504 million) to upgrade the communications system of the French Navy to prepare for collaborative and networked combat.
Airbus is leading an industrial…
Air Force budget cuts may open old wounds with Congress
February 26, 2025
The Air Force wants to accelerate its plans to retire old and outdated aircraft to meet Defense Secretary Pete Hegseth’s order for services to cut and reallocate a portion of their spending.
But the service’s previous efforts to cut planes like the A-10 Warthog and older…
Autonomous warehouse robot maker Ati scores $20 million Series B
February 26, 2025
Automation and warehouse robots have been changing the way we ship and store goods for decades. In a post-Altman/OpenAI world, though, we get to call that kind of autonomous operation “AI” and slap a multimillion dollar valuation on it – which is exactly what Ati Motors did.
Don’t get me wrong, Ati Motors seems like a solid company. Not only are their Sherpa robots perfectly fine…
