Lightricks, the company behind popular creative apps like Facetune and VideoLeap, announced today the release of its most powerful AI video generation model to date. The LTX Video 13-billion-parameter model (LTXV-13B) generates high-quality AI video up to 30 times faster than comparable models while running on consumer-grade hardware rather than expensive enterprise GPUs.
The model introduces…
Meet the new king of AI coding: Google’s Gemini 2.5 Pro I/O Edition dethrones Claude 3.7 Sonnet
May 7, 2025
There’s a new king on the throne of AI coding models: Today, Google’s DeepMind AI research unit unveiled Gemini 2.5 Pro “I/O” edition, a new version of its hit Gemini 2.5 Pro multimodal large language model (LLM) released back in March that DeepMind CEO Demis…
Generative AI tools have surpassed cybersecurity as the top budget priority for global IT leaders heading into 2025, according to a comprehensive new study released today by Amazon Web Services.
The AWS Generative AI Adoption Index, which surveyed 3,739 senior IT decision…
E-Cells, an e-bike brand in the US known for its all-wheel-drive fat tire e-bikes with extremely high performance, has announced that it is terminating operations and closing its doors.
The announcement was posted to the company’s social media accounts by the brand’s founder David Cleveland.
The closure was due in part to the impact of new tariffs on imported goods, with tariffs on…
It’s not just electric vehicles. Toyota is warning, “We don’t have much time left,” with China poised to take the lead in another emerging technology following EVs.
Toyota is warning that China’s lead with EVs is just the start
It’s no secret by now that China…
Lectric Ebikes appears to be preparing for a major new product launch, teasing what looks like the next evolution of its wildly popular folding fat tire electric bike. Based on the clues, it looks like a new Lectric XP 4 could be inbound.
In a social media post released over…
Momentum is accelerating in Washington as lawmakers edge closer to passing landmark crypto and stablecoin legislation that could reshape U.S. digital asset regulation by August.
Coinbase Pushes Congress to Finalize Stablecoin and Crypto Rules Before August
Coinbase CEO Brian Armstrong called on U.S. lawmakers Tuesday to move forward with crucial cryptocurrency legislation, urging bipartisan…
India’s top court just ignited a regulatory firestorm, slamming bitcoin trading as refined Hawala and blasting government delays that leave the crypto market in legal limbo.
Indian Supreme Court Calls Bitcoin Refined Hawala, Decries Absence of Regulatory Framework
The…
BTC and BNB could soon anchor Kyrgyzstan’s national crypto reserve as Binance’s founder joins forces with the country’s president to propel blockchain adoption and digital asset policy.
CZ Pushes BTC and BNB Into Kyrgyzstan’s National Reserve Spotlight
Binance…
Visa launches ‘Intelligent Commerce’ platform, letting AI agents swipe your card—safely, it says
May 6, 2025
Visa has launched a new platform designed to let artificial intelligence agents purchase products on behalf of users, effectively giving AI access to people’s credit cards — with strict guardrails. The system, called Visa Intelligent Commerce, was unveiled last Wednesday at the company’s Global Product Drop event in San Francisco and enables AI assistants to not only recommend products but…
