A federal grand jury in Miami has charged nine individuals with laundering U.S. drug proceeds into cryptocurrency for Mexican and Colombian cartels, utilizing “a network of black market cryptocurrency launderers and unlicensed money transmitters,” according to the U.S. Department of Justice. From 2020 to 2023, defendants allegedly coordinated cash pickups from U.S. drug sales, converting funds…
DeepSeek’s first reasoning model R1-Lite-Preview turns heads, beating OpenAI o1 performance
November 21, 2024
DeepSeek, an AI offshoot of Chinese quantitative hedge fund High-Flyer Capital Management focused on releasing high-performance open-source tech, has unveiled the R1-Lite-Preview, its latest reasoning-focused large language model (LLM), available for now exclusively through…
Snowflake beats Databricks to integrating Claude 3.5 directly
November 21, 2024
Soon after announcing its earnings for the third quarter of FY25, Snowflake dropped a bombshell: It is teaming up with leading AI vendor Anthropic to further advance AI projects for its customers.
The data ecosystem giant has signed a multi-year strategic agreement, bringing…
OpenScholar: The open-source A.I. that’s outperforming GPT-4o in scientific research
November 21, 2024
Scientists are drowning in data. With millions of research papers published every year, even the most dedicated experts struggle to stay updated on the latest findings in their fields.A new artificial intelligence system, called OpenScholar, is promising to rewrite the rules for how researchers access, evaluate, and synthesize scientific literature. Built by the Allen Institute for AI (Ai2) and…
US Army fires Precision Strike Missile in salvo shot for first time
November 21, 2024
In a first, the U.S. Army and Lockheed Martin fired two new Precision Strike Missiles, or PrSMs, in a salvo test shot as part of production qualification flight testing at White Sands Missile Range, New Mexico, Lockheed announced.
The testing proved PrSM’s capability to be…
EcoFlow DELTA Pro Ultra: The Ultimate Home-Backup Station
November 21, 2024
It should be no surprise that we’re closing out the week with another great lineup of Black Friday Green Deals. Leading the official sales is the exclusive discount our readers are getting on the EcoFlow DELTA Pro Ultra Home-Backup Station at a new $4,230 low. Coming up…
If you ask Lucid (Lucid) CEO Peter Rawlinson, the company is the “most immune” EV maker if President-elect Donald Trump cuts the federal tax credit for electric cars. Despite the claim, Lucid’s stock is hitting a new all-time low at under $2 a share.
Is Lucid immune to losing the EV tax credit?
Lucid is coming off its third straight record quarter of deliveries. With another 2,781 vehicles…
Lexus cuts RZ electric SUV prices by over $10,000 with its new entry-level 2025 model
November 21, 2024
The all-electric luxury electric SUV is getting significantly cheaper. Lexus launched a new entry-level 2025 RZ trim with starting prices over $10,000 less than last year’s model. And you get just as much driving range.
2025 Lexus RZ electric SUV prices and driving…
Bitcoin Surpasses $95,000: A Milestone in Cryptocurrency Markets
November 21, 2024
Bitcoin (BTC) reached an all-time high of $95,023 on Bitstamp today, gaining 4% against the U.S. dollar in the past 24 hours and 5.2% over the past week. With a market capitalization of $1.87 trillion, bitcoin now ranks as the seventh most valuable global asset, trailing…
Chinese Court Orders Refund in Controversial Crypto Contract Dispute
November 21, 2024
A Shanghai court ordered a partial refund after ruling a token fundraising contract illegal, citing violations of Chinese financial regulations.
Token Fundraising Faces a Major Setback in a Shanghai Court Judgment
The Shanghai High Court published details on Wechat Monday about a crypto-related case highlighting the legal complexities of virtual currency activities in China. The Songjiang District…
