Coinbase plans to transition more customer and corporate Usd coin (USDC) stablecoin accounts to Base, its Ethereum layer two blockchain, aiming for reduced fees and quicker settlement times, as announced by Coinbase VP Max Branzburg. The move is seen by some in the crypto industry as a positive step towards an on-chain financial future, setting an example for other exchanges and potentially…
Pure Storage, a pioneer in delivering advanced data storage technology and services, unveiled a suite of new AI infrastructure solutions and validated reference architectures developed in partnership with Nvidia at last week’s GTC conference. The announcement aimed to…
“It’s venture money, not adventure money.” That was the loving response a dear friend once got from a VC while pitching an idea. But when we are in the hype cycle phase of a new technology, that caution goes out the window. VCs, after all, have to deploy all the…
Exclusive: Foundational emerges from stealth with $8 million to tackle data quality and AI readiness challenges
March 26, 2024
Foundational, a startup aiming to bring order to the chaos of modern data infrastructure, announced today that it has raised $8 million in seed funding led by Viola Ventures and Gradient Ventures, Google’s AI-focused investment fund, with participation from angel investors and other venture firms. The company’s platform automatically maps and analyzes data teams’ code to identify potential…
FORT IRWIN, Calif. — Looking like a toy helicopter, a small black drone rose up over a cluster of adobe buildings in a quiet desert village, emitting a faint buzz.
The drone, an Anduril Industries’ Ghost-X, paused and then rose higher, disappearing into the clouds.
The U.S. Navy sent lawmakers a $2.2 billion wish list for fiscal 2025, which includes several items that would fill in gaps that arose this year due to high-tempo operations in the Red Sea and Congress not yet passing a supplemental spending bill.
This unfunded priorities…
The top executive at embattled plane-maker Boeing will step down this year amid a broader shakeup of the company’s top leadership, capping a tumultuous five plus years that has shaken faith in one of America’s most storied manufacturers.
Boeing is the fifth-largest company in the world based on defense revenue, with the Top 100 list noting 46% of its total revenue in 2022 came from defense…
Daimler Trucks’ Freightliner brand trucks are industry leaders in the medium and heavy-duty vocational truck market. Now, they’re going to be leaders in the zero emission work truck market, too, thanks to their partnership with Hexagon Purus.
One of the biggest obstacles…
IM Motors' L6 EV promises huge range and AWD performance thanks to solid-state batteries
March 26, 2024
Chinese EV automaker IM Motors is on the cusp of launching its fourth EV model and is touting some impressive specs to get the hype train going. The company’s co-CEO recently shared that the new L6 EV will be powered by a 900V platform equipped with solid-state batteries…
Tesla releases new vision-based auto parking system
March 26, 2024
Tesla has started to release a new version of its auto parking system, an updated automated parking for its newer vision-only vehicles.
Ever since Tesla stopped using ultrasonic sensors in its new vehicles and only relied on cameras for its ADAS features, its vehicles have lacked auto-parking features.
That move started in 2022.
Two years later, Tesla is finally starting to bring auto parking to…
