AI & RoboticsNews

OpenAI isn’t going anywhere: raises $6.6B at $157B valuation

October 3, 2024
Despite a wave of executive departures in recent months, OpenAI has today announced an expected new funding round. It was always expected to be a whopper, but the amount it raised — $6.6 billion at a $157 billion total company valuation  — now makes it the largest venture capital round in history to date, according to Axios. The round was led by Thrive Capital, according to Bloomberg, while…
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CryptoNews

Uruguay Passes Cryptocurrency Law

October 3, 2024
Proposed over two years ago, the law recognizes cryptocurrency as virtual assets in the country, establishing the Central Bank of Uruguay as the regulator and overseer of companies seeking to offer cryptocurrency services. The law positions Uruguay at the forefront of Latin…
CryptoNews

Ripple Gets Green Light for Dubai Expansion

October 3, 2024
Ripple, a digital asset infrastructure provider, has received approval to expand its operations in Dubai. The Dubai Financial Services Authority (DFSA) granted Ripple “in-principle approval” to offer its services from the Dubai International Financial Centre. This will allow Ripple to provide seamless cross-border payment services in the United Arab Emirates and align with its goal of offering…
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Cleantech & EV'sNews

Thor electric RV concept packs a 140 kWh battery and 500 mile range

September 30, 2024
The latest electric RV concept from Thor is a Class A motorhome with big batteries, electric drive, and a range-extending generator. Will this PHERV (?) make it to production? Visually similar to Thor’s existing Vegas Class A motorhome and co-developed by Thor and commercial EV manufacturer Harbinger, this “world’s first hybrid RV” combines a gas-powered range extender that can generate…
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CryptoNews

Dutch Regulator Warns of Crypto Pump-and-Dump, New Regulation to Ban These Schemes

September 30, 2024
The Dutch Authority for the Financial Markets (AFM) has issued a warning about the dangers of pump-and-dump schemes in the cryptocurrency space, as new regulations prepare to target this market manipulation tactic. The upcoming Markets in Crypto-Assets Regulation (MiCAR), effective from Dec. 30 will ban these practices. AFM Sounds Alarm on Crypto Pump-and-Dump Schemes The Dutch Authority for the…
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