AI & RoboticsNews

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…
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AI & RoboticsNews

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…
DefenseNews

US Army buys long-flying solar drones to watch over Pacific units

November 4, 2024
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…
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DefenseNews

Italian Navy tasks Fincantieri to design drone-laden warships

November 4, 2024
ROME — The Italian Navy is planning for a future in which swarms of airborne, surface and undersea drones will deploy from its ships and has challenged shipyard Fincantieri to build and adapt vessels which are ready for the task. “We expect new navy vessels in ten years…
Cleantech & EV'sNews

Tesla launches new Powerwall 3 expansion units that slash installation times

November 4, 2024
Tesla has launched its new Powerwall 3 expansion units that can slash installation times by roughly half. We reported on Tesla’s plan for this new unit back in April. As we previously reported, the main difference between Powerwall 3 and its previous version is its power capacity. The energy capacity remains at 13.5 kWh, but the power capacity is now rated at 11.5 kW and Elon Musk claims it has…
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Cleantech & EV'sNews

Volkswagen to shut EV factory in Brussels

November 4, 2024
Days after Volkswagen announced it was closing three factories in Germany – a first for the company – the carmaker will now officially close its Audi plant in Brussels where it makes the Audi Q8 E-Tron in a few months. The company announced that it will close the…
CryptoNews

Ripple CEO Loses Bank Account, Russia's New Crypto Law, and More

November 4, 2024
Ripple CEO loses his long-term bank account, Russia publishes new crypto law, BRICS payment system aims to be a SWIFT substitute, and more in this Week in Review. Week in Review Ripple’s CEO recently disclosed the closure of his 25-year-old bank account, citing his leadership role in a crypto firm as a potential cause. Russia has introduced a new law that expands state control over digital…
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