Tether, one of the largest companies in the stablecoin arena, has announced the launch of Alloy, a series of assets pegged to the value of another asset, but collateralized with gold. The first token in the Alloy lineup is AUSDT, which will track the value of the U.S. dollar using Tether Gold (XAUT) as collateral.
Tether Launches Alloy to Ease Issuance of Gold-Backed ‘Tethered Assets’
Tether…
AI red teaming is proving effective in discovering security gaps that other security approaches can’t see, saving AI companies from having their models used to produce objectionable content. Anthropic released its AI red team guidelines last week, joining a group of AI…
Chinese AI startup DeepSeek, which previously made headlines with a ChatGPT competitor trained on 2 trillion English and Chinese tokens, has announced the release of DeepSeek Coder V2, an open-source mixture of experts (MoE) code language model. Built upon DeepSeek-V2, an…
Runway unveils new hyper realistic AI video model Gen-3 Alpha, capable of 10-second-long clips
June 18, 2024
New York City-based Runway ML, also known as Runway, was among the earliest startups to focus on realistic high-quality generative AI video creation models. But following the debut of its Gen-1 model in February 2023 and Gen-2 in June 2023, the company has since seen its star occluded by other highly realistic AI video generators, namely OpenAI’s still-unreleased Sora model and Luma AI’s…
How many F-35s to buy? Draft defense bills disagree
June 18, 2024
The Senate’s proposed National Defense Authorization Act would leave the military’s planned purchases of 68 F-35 Joint Strike Fighters in fiscal 2025 unchanged.
The chamber’s draft NDAA, which members of the Senate Armed Services Committee unveiled Friday, represents…
As Iran-backed Houthi rebel groups continue to use attack drones to target ships in the Red Sea, the U.S. Navy and the Defense Innovation Unit are partnering to prototype a counter uncrewed aircraft system that can disable or shoot them down.
The Navy is looking for a system…
PARIS — GM Defense hopes that a resurgence of the car giant’s commercial business in Europe will pave the way for sales of militarized trucks used by special operations units, a company executive said.The company makes the Infantry Squad vehicle, based on the Colorado pickup truck, which is in production for vanguard U.S. Army formations including the 82nd Airborne Division, and is readying a…
If a proposed new bill eventually becomes law, higher-speed electric bicycles (e-bikes) may soon have a tougher row to hoe in California.
Electric bicycle speeds in the state, which uses a similar three-class system as most of the US, are limited to either 20 mph (32 km/h)…
Based on the all-electric Mullen THREE electric chassis cab, Mullen says the new PowerUP mobile charging platform provides increased job site versatility thanks to on demand, mobile DC fast-charging.
The Mullen PowerUP ships with its own 160 kW battery pack, with a modular…
The latest addition to Sunbelt Rentals’ ever-expanding lineup of zero-emission construction equipment is here, and it’s an all-electric skid steer set to be deployed on the Gateway project at UC Berkeley, California.UC Berkeley’s Gateway will be the future home of the school’s computer and data science departments. Students there will explore technological solutions for an equitable and…
