PARIS — Kelly Magsamen, who has served as chief of staff to U.S. Defense Secretary Lloyd Austin his entire tenure, will step down at the end of June.
Austin announced the change in a statement, crediting her for “every initiative I have launched to defend our nation,” which includes work in the three areas of the world that now consume the Pentagon’s attention: the Indo-Pacific region…
Tesla Energy and smart electrical panel maker SPAN have launched the SPAN + Tesla Powerwall 3 bundle, a smart home battery backup system.
SPAN announced the partnership on LinkedIn and described the bundle as unlocking “special bundled pricing and next-level functionality…
Elon’s NVIDIA deal could spell big trouble for Tesla, Ford’s Explorer EV enters production, and BYD expands into the Bahamas (along with 10 other developing markets). All this and more on today’s Quick Charge!
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Elon Musk asked Nvidia to prioritize GPU…
Mercedes and Stellantis have stopped work on their joint European EV battery factory projects, and are reassessing which direction to move forward with the possibility of shifting to cheaper lithium iron phosphate cells.
Mercedes and Stellantis first partnered to form a battery cell joint venture in 2021, calling the venture the Automotive Cells Company (ACC).
Earlier this year, ACC raised $4.7…
On June 4, 2024, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second-largest day of inflows since their launch in January. The inflows totaled approximately $886.6 million, with Fidelity’s FBTC leading, capturing $379 million on Tuesday.
U.S. Spot Bitcoin ETFs…
DMM Bitcoin, a major cryptocurrency exchange based in Japan, has revealed its plan to secure 50 billion yen ($320 million) to repay customers after a significant security breach resulted in the loss of 4,503 bitcoins. The BTC leaked from the platform’s wallet on May 31. To…
After less than a week, the 45th U.S. President Donald Trump has seen his cryptocurrency portfolio double in value. As the 2024 presidential candidate, he now holds $31.23 million in assets, thanks to a wave of donations.
Trump’s Crypto Portfolio Doubles
Donald Trump’s crypto wallet has grown significantly over the past five days, and data from Arkham Intelligence reveals that the former U.S.
RelationalAI, a startup that applies artificial intelligence directly to relational data, today announced the general availability of its Knowledge Graph Coprocessor on the Snowflake Data Cloud. The offering, first previewed last year (which we covered in-depth here)…
New AI innovations and benchmarks are announced every day (often multiple times a day), and enterprises are clamoring to take advantage. But sometimes it can be difficult to bridge the gap between what works in the lab and what works in the enterprise pipeline. To help…
Foundation models have revolutionized the fields of computer vision and natural language processing. Now, a group of researchers believe the same principles can be applied to create foundation agents, AI systems that can perform open-ended decision-making tasks in the physical world. In a new position paper, researchers at the University of Chinese Academy of Sciences describe foundation agents as…
