Many might not be surprised, but today the 2023 Gartner Hype Cycle for emerging technologies placed generative AI on the ‘Peak of Inflated Expectations’ for the first time.
Each year, Gartner creates more than 90 Hype Cycles as a way for its clients to track technology maturity and future potential. The five phases in the Hype Cycle are Technology Trigger, Peak of Inflated Expectations…
McKinsey and Company, the nearly century-old firm that is the one of the largest consulting agencies in the world, made headlines earlier this year with its rapid embrace of generative AI tools, saying in June that nearly half of its 30,000 employees were using the…
NCSoft reveals VARCO AI language models
August 17, 2023
NCSoft announced today it’s launching a group of AI language models under the umbrella name VARCO LLM. It’s comprised of four language models, and generative AI services powered by those language models. Specifically, three of the generative AI services powered by VARCO…
Paypal Pauses UK Crypto Purchases Amid Regulatory Changes; Assures Resumption in Early 2024 – Bitcoin News
August 17, 2023
In recent communications to its U.K. clientele, Paypal has announced a temporary suspension of cryptocurrency purchases starting October 1, 2023, with plans to resume in early 2024. Notably, even amidst this hiatus, users can continue to hold their crypto within the Paypal ecosystem and are free to liquidate their digital holdings whenever they wish.
Paypal Temporarily Halts UK Cryptocurrency…
Coinbase Secures Regulatory Approval to Offer Crypto Futures to US Customers – Exchanges Bitcoin News
August 17, 2023
The Nasdaq-listed crypto exchange Coinbase has secured regulatory approval to operate a Futures Commission Merchant (FCM) and offer customers access to crypto futures. “Coinbase will now be the first crypto-native leader to directly offer traditional spot crypto trading…
Opera’s AI browser assistant is now available in its iOS app
August 17, 2023
Opera announced today that its Aria AI assistant has made its way to iOS. The feature launched on desktop in June and stems from a partnership with ChatGPT creator OpenAI. Opera says Aria, now available on all major desktop and mobile platforms, has tallied over a million…
New York City bans TikTok for government employees
August 17, 2023
New York City will ban TikTok from government devices, The Verge reported on Wednesday. City agencies have 30 days to remove the ByteDance-owned app from their devices. Employees will not be allowed to download or use TikTok on their city-sanctioned tech effective immediately. This comes three years after New York state banned TikTok from government devices in 2020, according to Times-Union.
NYC…
After less than five years in service, the littoral combat ship Sioux City was decommissioned Monday in a ceremony aboard Naval Station Mayport, Florida.
It was the latest early retirement for the costly and troubled Freedom-class ships, vessels conceived earlier this…
JetZero, an aerospace startup focused on fuel-efficient jets, will build and fly a sleek new prototype aircraft that could one day join the Air Force’s mobility fleet, the service announced Wednesday.
The Z-5 airframe — a blended wing body design with an oblong fuselage…
Quick Charge Podcast: August 16, 2023
August 17, 2023
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players.
New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee new episodes are delivered as…
