The U.S. DOJ has charged the CFO of a media company with one count of money laundering and two counts of bank fraud for participating in a scheme that laundered criminal proceeds using cryptocurrency. Authorities allege that Weidong Guan and his accomplices used bank accounts opened with stolen personal identification information to transfer the funds to the media company’s accounts.
Guan and…
Deutsche Bank is collaborating with Bitpanda to manage customer fiat deposits and withdrawals for the Austrian crypto broker. This collaboration addresses the challenges crypto platforms have faced in securing banking partners after the 2023 collapse of key crypto-friendly…
Chip-related startup Crystal Sonic won the third Lam Capital Venture Competition as well as a $250,000 investment from Lam Capital.
The winner was announced at the Enabling Future Semiconductors event at Lam Research’s headquarters in Fremont, California. made the…
Jensen Huang, CEO of Nvidia, gave a keynote at the Computex trade show in Taiwan about transforming AI models with Nvidia NIM (Nvidia inference microservices) so that AI applications can be deployed within minutes rather than weeks.
He said the world’s world’s 28 million developers can now download Nvidia NIM — inference microservices that provide models as optimized containers — to deploy…
Intel debuts the Xeon 6 processor, aiming to modernize data centers to tackle enterprise AI workloads
June 4, 2024
Intel has announced its Xeon 6 chip to ensure that data centers can handle the workloads needed as more companies start to deploy AI apps and models. The processor comes with two microarchitectures, an efficient core (E-core) and a performance core (P-core) and will be…
Intel reveals Lunar Lake’s architecture, showing how its flagship AI PC processor will work
June 4, 2024
Qualcomm made headlines when it was named the chipmaker for Microsoft’s Copilot+ PCs. However, that hasn’t deterred Intel from innovating for this new form of computing. The company had been working on chips to power AI PCs long before Microsoft’s news. In fact, on…
The Defense Department has selected four companies to develop prototypes of a modular drone that can be used to test payloads, sensors and other technology, and be produced at high rates at an affordable cost.
Anduril Industries, Integrated Solutions for Systems Inc., Leidos Dynetics, and Zone 5 Technologies will develop prototypes for the Enterprise Test Vehicle project, the Air Force Armament…
Dongfeng Motor will utilize advanced humanoid robots to help build its vehicles in China
June 4, 2024
A subsidiary of Dongfeng Motor Corporation has signed a strategic agreement with Ubtech Robotics, a leading smart service and humanoid robot company. As a result, Dongfeng will implement Ubtech’s humanoid robots into its vehicle manufacturing processes, joining a new era…
Toyota shipments halted by inadequate vehicle testing, shareholders call for a new Chairman
June 4, 2024
Toyota is once again facing scrutiny under Chairman Akio Toyoda’s leadership, and two of the Japanese automaker’s largest shareholders have seen enough. Following a recent report of misconduct regarding inadequate vehicle verification testing amid a previous wave of…
Tesla is starting to officially sell the new Model 3 Performance in China and it is going to be interesting to see how the vehicle does in the market.
Tesla launched the new, refreshed Model 3, sometimes referred to as Model 3 Highland, almost a year ago in China, but the automaker only unveiled the new Performance trim of the updated version of the Model 3 just over a month ago.
Read More: Tesla…
