Tech giant Google has filed a lawsuit against two Chinese nationals, accusing them of developing fraudulent cryptocurrency apps on the Google Play store and defrauding more than 100,000 users globally. “This is a unique opportunity for us to use our resources to actually combat bad actors who were running an extensive crypto scheme to defraud some of our users,” said Google’s general…
Ripple’s chief legal officer has urged the U.S. Securities and Exchange Commission (SEC) to own up to its multiple missteps in enforcement actions against the crypto industry. He referenced court rulings that criticized the SEC for “gross abuse of power,” lack of…
Goldman Sachs Wealth Management CIO: Crypto Is Not an Investment Asset Class – Markets and Prices Bitcoin News
April 5, 2024
The chief investment officer of Goldman Sachs’ Wealth Management unit does not see cryptocurrency as an investment asset class. She also believes that bitcoin “creates absolutely no value in any shape or form.” Her perspective differs from that of some other Goldman…
Hailo takes on Nvidia with energy-efficient gen AI accelerator for edge devices and $120M in funding
April 4, 2024
Even as Nvidia continues to mint money from its massive range of generative AI-focused hardware and software offerings, smaller players competing in the same space are not ready to cave in. Case in point: Hailo, an Israel-based startup that just launched a new energy-efficient gen AI accelerator for edge devices.
Officially dubbed Hailo-10, the processor is designed to deploy gen AI applications…
Codium announces Codiumate, a new AI agent that seeks to be Devin for enterprise software development
April 4, 2024
One of the most well-read VentureBeat articles in recent weeks has been our coverage of Devin, an AI “software engineer” from startup Cognition that can autonomously write code, even full applications, given natural language instructions from a user.
It makes sense, as…
Lil Snack has raised $3.1 million for snackable games on a platform that entices players to come back every day.
That’s a pretty hefty funding amount for a company that until recently had just two people: cofounders Eric Berman and Travis Chen.
Fortunately for Lil Snack…
Resemble AI is launching Rapid Voice Cloning, a new feature of its platform that significantly expedites the process of generating voice clones. The company works in the elusive AI voice category focused on enterprise users.
Available today, Rapid Voice Cloning can duplicate voices from relatively short datasets and produce an output in just about a minute. The move, Resemble says, marks a…
UK expects ‘short-term’ delays in F-35 deliveries
April 4, 2024
LONDON — Britain’s Ministry of Defence has confirmed that software-update problems in the F-35 program will hit aircraft deliveries, though a key official said the delay is unlikely to affect the timing for proclaiming the fleet fully operationally capable next…
Several of the U.S. Navy’s top shipbuilding programs are running one year to three years behind schedule, as the service and the industrial base grapple with workforce and management challenges.
Navy leaders conducted a 45-day review of its shipbuilding portfolio…
This new solid-state battery cell claims to set industry records, could offer over 1,300 mile range
April 4, 2024
A solid-state battery developer in China has unveiled a new cell that could help change the game for electric mobility. Tailan New Energy’s vehicle-grade all-solid-state lithium batteries offer energy density twice that of other cells in the segment, empowering the Chinese battery maker to hail the cells as a record-setter in the industry.
Tailan New Energy, aka Talent New Energy, is a private…
