The Nigerian crypto startup revealed on Jan. 16 that the firm had closed a $2.3 million strategic fund to finance the acquisition of operating licenses from different African regulators. Canza Finance said it hopes the new licenses and the defi platform will help it achieve its goal of lowering the cost of doing business.
Lowering the Cost of Doing Business
Nigerian crypto startup, Canza Finance…
Circle Report Shows USDC Navigating Challenging Waters in 2023
January 18, 2024
Despite a challenging 2023 with a substantial decline in circulating supply, a Circle report claims USDC emerges resilient, experiencing a surge in real-world applications and a decrease in speculative trading.
A Resilient Year for USDC Amidst Market Shifts
Circle, the…
Bitcoin has been holding steady above the $42K zone and over the past hour, the leading crypto asset has changed hands for $42,425 to $42,597 on Wednesday morning around 9:30 a.m. Eastern Time. The digital currency’s market valuation on Jan. 17, 2024, is around $835…
Sakana AI, a Tokyo-based artificial intelligence startup co-founded by two notable ex-Google engineers, announced today that it has raised $30 million in seed funding from high-profile technology investors. The young company, founded just last year, aims to take a different approach to AI by developing smaller, more efficient models inspired by nature.
The seed round was led by Lux Capital…
Stability AI releases Stable Code 3B to fill in blanks of AI-powered code generation
January 17, 2024
Stability AI claims Stable Code 3B outperforms StarCoder across Python, C++, JavaScript, Java, PHP and Rust programming languages.
Stable Code 3B is being made available for commercial use as part of Stability AI’s new membership subscription service that was first…
Last week, OpenAI unveiled its GPT Store for third-party creators of custom chatbots (GPTs) to list and ultimately monetize their creations. But the company isn’t done making news in the first month of 2024.
Late in the day on Monday, OpenAI published a blog post…
WASHINGTON — The Pentagon’s outdated weapons-buying processes are hampering its ability to integrate innovative technology and work with nimble start-up companies. A panel of defense experts wants to change that.
The Commission on Defense Innovation Adoption, established by the Atlantic Council in 2022, issued 10 recommendations for helping the U.S. Department of Defense overcome its…
US Navy’s four unmanned ships return from Pacific deployment
January 17, 2024
WASHINGTON — The U.S. Navy completed its first deployment of four unmanned ships, which spent five months in the Pacific testing concepts for how to integrate their capabilities into crewed fleet operations.
The unmanned surface vessels — Sea Hunter, Sea Hawk, Mariner…
WASHINGTON — The Department of the Navy is accepting proposals for ways units and offices across the Navy and Marine Corps can spend money more wisely.
Russell Rumbaugh, the U.S. Navy comptroller, said this Running Fix initiative, directed by the service’s secretary…
Elon Musk complains about his smaller stake in Tesla after wasting it on buying Twitter
January 17, 2024
Elon Musk has made a bizarre statement in which he appears to complain about his smaller stake in Tesla and said that he prefers building products elsewhere unless he gets a bigger stake in the company.
The statement is particularly bizarre when you consider the fact that he himself recently sold tens of billions of dollars worth of Tesla stock to buy a grossly overpriced Twitter.
There’s…
