California has reached a record of 22% market share for battery-electric vehicles (BEV) and over 40% if you account for PHEVs and HEVs. Tesla has been responsible for much of California’s EV leadership, but the automaker is now down in the important EV market.
Battery-electric vehicles are now hitting an all-time record of 22.2% market share in the state – more than twice the national BEV…
Could McLaren go all-electric? UAE fund agrees to purchase 100% of the auto business to accelerate its growth
November 5, 2024
An Abu Dhabi-based investment firm has entered a non-binding agreement to buy 100% of McLaren’s automotive business, including a stake in the McLaren Group. The purchase goal is to bring additional capital to McLaren to accelerate its growth in vehicle development…
Hyundai’s first three-row electric SUV is almost here. Ahead of its official debut in November, Hyundai released a new teaser of the larger IONIQ 9, giving us a sneak peek at the highly anticipated SUV.
The moment we’ve been waiting for is now right around the corner.
Operation Chokepoint 2.0: Regulatory Pressure on Crypto Services
November 5, 2024
Newly surfaced documents reveal over 20 cases where regulators allegedly pressured banks to halt crypto services, raising concerns of a covert crackdown on U.S. crypto firms.
20 Secretive Regulator Moves Targeting Crypto in Operation Chokepoint 2.0
Coinbase’s chief legal officer, Paul Grewal, disclosed on social media platform X on Friday findings related to what he describes as “Operation…
Bitcoin could reach $3 million, according to asset manager Vaneck, with a model showing its potential as a reserve asset held by global central banks.
Bitcoin as Central Bank Asset? The $3M Target Driving Big Conversations
Matthew Sigel, head of digital assets research at…
A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term growth amid economic challenges.
Rethinking Retirement: Bitcoin’s Intriguing New Role in UK Pension Schemes
Cartwright, a…
The show’s not over: 2024 sees big boost to AI investment
November 4, 2024
Global AI deal volumes reached 1,245 during Q3 2024, a level not seen since Q1 2022 reflecting how confident and resilient investors are about investing in AI.
With a 24% year-over-year growth, global AI deals far outpaced the -10 % quarter-over-quarter (QoQ) declines across the broader investment market. CB Insights notes in its State of AI Q3’24 Report that despite broader venture trends…
AI on your smartphone? Hugging Face’s SmolLM2 brings powerful models to the palm of your hand
November 4, 2024
Hugging Face today has released SmolLM2, a new family of compact language models that achieve impressive performance while requiring far fewer computational resources than their larger counterparts.
The new models, released under the Apache 2.0 license, come in three sizes…
Why multi-agent AI tackles complexities LLMs can’t
November 4, 2024
The introduction of ChatGPT has brought large language models (LLMs) into widespread use across both tech and non-tech industries. This popularity is primarily due to two factors:
LLMs as a knowledge storehouse: LLMs are trained on a vast amount of internet data and are…
The Army’s 1st Multi-Domain Task Force has used a small number of Kraus Hamdani Aerospace K1000 Ultra Long-Endurance, solar-powered unmanned aircraft system across the Pacific theater in places like the Philippines and Guam in recent years. Now the Pentagon has ordered $20 million worth of the systems for the unit as well as special operators.
The Pentagon made the award through the Accelerate…
