Adobe was one of the largest and first companies to jump on the generative AI bandwagon with the release of its own, commercially-safe Firefly AI image generator and editing model nearly a year ago in March 2023.
Now, as it celebrates the first year anniversary of the model and several months after the release of Firefly 2, the creative software juggernaut is introducing a whole new…
Activeloop nets $11M to give enterprises a better way to leverage multimodal data for AI
March 27, 2024
California-based Activeloop, a startup offering a dedicated database to streamline AI projects, today announced it has raised $11 million in series A funding from Streamlined Ventures, Y Combinator, Samsung Next (the startup acceleration arm of the Samsung Group) and…
HUNTSVILLE, Ala. — The U.S. Army’s new team designed to allow the service to see deeply into a battlespace will initially work toward creating an architecture of sensors as well as processing and disseminating the enormous amount of data collected from those sensors…
HUNTSVILLE, Ala. — The U.S. Army is speeding up its plan to procure launched effects capable of flying at different ranges and deploying from a variety of air and ground vehicles.
With cancellation of the Army’s manned Future Attack Reconnaissance Aircraft, the service has more funding to pursue launched effects, a major unmanned element of a modernized aerial tier that will be able to deliver…
The U.S. Air Force’s $3.5 billion budgetary wish list for fiscal 2025 includes more funds for spare parts to get grounded planes back in the air, and seeks resources to be able to deploy more personnel and fighter jets.
The unfunded priorities list the service submitted to…
A new report by the European Commission adds yet another real-world data point showing that plug-in hybrid electric vehicles create much more emissions than we previously thought – by an average of 3.5 times as much as lab testing indicates.
Plug-in hybrids (PHEVs) are…
Geely’s electric outdoor brand, Radar Auto, opened blind reservations for its new AWD version of the R6. The new electric pickup is the fastest production pickup from China, but can it keep up with the Tesla Cybertruck?
New Chinese electric pickup takes on Tesla’s Cybertruck
Radar is promoted as “China’s first pure electric outdoor lifestyle vehicle brand.” The brand launched its…
Alcoholic drinks giant Diageo will replace natural gas-fired heat with Rondo Energy’s Heat Batteries at its production sites in Kentucky and Illinois.
The US Department of Energy (DOE) has awarded the Diageo–Rondo Energy project up to $75 million. That money comes from…
Crypto Exchange Kucoin and Founders Charged With Bank Secrecy Act and Money Laundering Violations
March 27, 2024
The Southern District of New York has announced charges against the global cryptocurrency exchange Kucoin and its founders for major violations of U.S. anti-money laundering laws.
Kucoin Faces Legal Firestorm for Alleged Anti-Money Laundering Failures
Damian Williams, the…
SEC Asks Judge to Fine Ripple $2 Billion in XRP Case — Ripple CEO Says 'There Is Absolutely No Precedent for This'
March 27, 2024
The U.S. Securities and Exchange Commission (SEC) is seeking nearly $2 billion in fines from Ripple Labs in the ongoing XRP lawsuit. “There is absolutely no precedent for this,” exclaimed Ripple’s CEO regarding the $2 billion fine. “We will continue to expose the SEC for what they are when we respond to this.”
SEC Wants Ripple to Pay $2 Billion
The U.S. Securities and Exchange Commission…
