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 pension specialist for defined benefit and hybrid schemes, announced a pioneering bitcoin investment in a UK pension scheme’s…
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…
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 updated at regular intervals (that is, GPT-3, GPT-3.5, GPT-4, GPT-4o, and others);
Emergent abilities: As LLMs grow, they…
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…
Italian Navy tasks Fincantieri to design drone-laden warships
November 4, 2024
ROME — The Italian Navy’s 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…
The upcoming B-21 Raider stealth bomber could end up having a larger role in the Air Force’s plans for future air dominance, as the service rethinks its plans for an advanced sixth-generation fighter.
“We have not taken that off the table,” Air Force Chief of Staff Gen. David Allvin said at the Military Reporters and Editors conference Friday when asked if the service’s review of its…
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…
Volkswagen to shut EV factory in Brussels
November 4, 2024
Just days after Volkswagen announced plans to shut down three factories in Germany—a first in the company’s history—the automaker has now confirmed the closure of its Audi plant in Brussels, where it produces the Audi Q8 E-Tron. This closure is scheduled for…
Here’s what to know about Europe’s new vote on Chinese tariffs
November 4, 2024
It’s official: The European Union is moving ahead with increased tariffs on Chinese-made EVs to as much as 45.3% – in an effort to save its auto industry from total demise. Question is, will it even matter to a powerhouse like BYD?
After more than a year of investigations into what it suspects are unfair subsidies on Chinese-built electric vehicles, the EU’s Official Journal announced that…
