DeepSeek AI, a Chinese research lab gaining recognition for its powerful open-source language models such as DeepSeek-R1, has introduced a significant advancement in reward modeling for large language models (LLMs).
Their new technique, Self-Principled Critique Tuning (SPCT), aims to create generalist and scalable reward models (RMs). This could potentially lead to more capable AI applications for…
BYD teases financial results, expects Q1 2025 net income to rise significantly compared to a year ago
April 10, 2025
Chinese auto conglomerate Build Your Dreams (BYD) has begun previewing its Q1 2025 financial results. Although its numbers have dipped compared to Q4 2024, the automaker’s net income continues to soar year over year. BYD expects that number to be up at least 86% but could…
Lease deals get all the hype, but most people still want to own the car after they’re done making all those payments on it. If that sounds like you, and you’ve been waiting for the interest rates on auto loans to drop, you’re in luck: there are a bunch of great plug-in…
It flies, it floats, it’s electric — and now it’s officially a hit. The world’s first electric hydrofoil ferry, a Candela P-12 vessel named Nova, has wrapped up its first season of public service in Stockholm, and new data confirms what many suspected: this sleek, silent, water-skimming machine isn’t just a cool piece of tech — it’s also wildly successful.
The Nova, which first…
The digital asset sphere experienced a vigorous upswing Wednesday, its total valuation swelling over 9% as bitcoin surpassed the $83,000 benchmark during afternoon trading. While the leading cryptocurrency rose 8.4%, select altcoins dramatically outpaced this…
Defining Moment for XRP: Ripple CTO Highlights XRP's Potential in Multi-Trillion-Dollar Ecosystem
April 10, 2025
Ripple’s $1.25 billion Hidden Road acquisition supercharges XRP’s role in global finance, unleashing instant, cross-asset settlement and bridging blockchain with trillions in traditional capital.
XRP to Anchor Cross-Asset Settlement in Ripple’s Hidden Road Brokerage…
The securities regulator believes that crypto assets currently pose a minimal risk to financial stability due to their relatively small size and limited integration with traditional financial systems.
Crypto Assets 1% of Global Financial Assets
The European Securities and Markets Authority (ESMA) said crypto assets currently pose no significant risk to financial stability. The regulator cited the…
The RAG reality check: New open-source framework lets enterprises scientifically measure AI performance
April 9, 2025
Enterprises are spending time and money building out retrieval-augmented generation (RAG) systems. The goal is to have an accurate enterprise AI system, but are those systems actually working?
The inability to objectively measure whether RAG systems are actually working is a…
Wells Fargo’s AI assistant just crossed 245 million interactions – no human handoffs, no sensitive data exposed
April 9, 2025
Wells Fargo has quietly accomplished what most enterprises are still dreaming about: building a large-scale, production-ready generative AI system that actually works. In 2024 alone, the bank’s AI-powered assistant, Fargo, handled 245.4 million interactions – more than…
New open source AI company Deep Cogito releases first models and they’re already topping the charts
April 9, 2025
Deep Cogito, a new AI research startup based in San Francisco, officially emerged from stealth today with Cogito v1, a new line of open source large language models (LLMs) fine-tuned from Meta’s Llama 3.2 and equipped with hybrid reasoning capabilities — the ability to answer quickly and immediately, or “self-reflect” like OpenAI’s “o” series and DeepSeek R1.
The company aims to push…
