Revolut, the crypto-friendly digital bank, is reportedly planning to sell $500 million of employee shares, targeting a staggering valuation of $45 billion. This move is seen as a significant step towards a potential Initial Public Offering (IPO). Revolut’s progressive approach to cryptocurrencies, combined with its innovative banking solutions, continues to disrupt the financial sector…
As the European Union strides towards comprehensive crypto regulation, MiCAR stands out as a cornerstone of this new landscape. However, the true impact of MiCAR, alongside other critical regulations like the Transfer of Funds Regulation (TRF) and the Digital Operational…
Based on the recent data, the nine newly introduced ethereum exchange-traded funds (ETFs) saw $106.78 million in inflows on Tuesday. Blackrock took the lead with $266.55 million in trading volume throughout the day.
Blackrock Dominates Inflows as Nearly Half a Billion Exits…
Game developer Barnyard Games and entertainment company Superplastic announced today they’re collaborating on a new project: Bringing Superplastic’s animated characters to a video game, specifically Fortnite. The two are launching their own title, Fortnite’s Most Wanted, a combat map built with Unreal Engine for Fortnite (UEFN). The game is available to play now and features two characters…
Call of Duty: Modern Warfare III is coming to Game Pass on July 24, fulfilling a goal of Microsoft’s acquisition of Activision Blizzard.
Megan Spurr, senior community lead at Xbox Game Pass, said in a blog post that Modern Warfare III will be available for Game Pass on…
By embracing liquid cooling, AI powerhouse Supermicro enables 30% more computing power — with the same power budget
July 24, 2024
Charles Liang, CEO of Supermicro, predicts that “the AI revolution can be bigger than the industrial revolution,” and the astonishing growth of Supermicro just in the past year seems to bear out this prediction. Supermicro revenue grew by 200% year over year in the third…
The rise of generative AI tools like ChatGPT has sparked debate about their impact on creativity and the creation of novel ideas. A new study by researchers from the University of College London School of Management and the University of Exeter explores the effect of generative models on creative writing. The study examined how access to story ideas generated by large language models (LLMs)…
How Chevron is using gen AI to strike oil
July 24, 2024
Oil and gas operations generate an enormous amount of data — a seismic survey in New Mexico, for instance, can provide a file that is a petabyte all by itself. “To turn that into an image that you can make a decision with is a 100 exaflop operation,” Bill Braun…
FARNBOROUGH AIR SHOW — A top Boeing executive said Monday the company plans to keep bidding to make drone wingmen for the Air Force — but not if it means agreeing to a fixed-price contract.
“If it’s a fixed-price development program that requires a ton of maturity…
On today’s episode of Quick Charge, the Cybertruck gets homolgated in Canada, Elon delays the Optimus robot for up to a full year, Hyundai’s feeling skittish about a possible victory for Donald Trump this November, and a Club Car shows off a real MAN’s truck – finally!
Now that the Tesla Cybertruck has become the best-selling electric pickup in the US and is on its way to dominating…
