Amid the excitement surrounding the approval of spot bitcoin exchange-traded funds (ETFs), U.S. Securities and Exchange Commission (SEC) Chairman Gary Gensler issued a statement emphasizing that the regulator did not approve or endorse bitcoin by approving spot bitcoin ETFs. Gensler insisted that most crypto assets are securities, warning: “Investors should remain cautious about the myriad risks…
Ethereum Steals the Spotlight — SEC's Approval of 11 Bitcoin ETFs Meets Tepid Market Reaction
January 11, 2024
In a landmark decision, the U.S. Securities and Exchange Commission (SEC) approved 11 spot bitcoin exchange-traded funds (ETFs), a move long anticipated by crypto enthusiasts. Despite this historic regulatory nod, the price of bitcoin witnessed stale action over the past 24…
Accenture unveiled its 2024 Technology Vision at CES 2024 today, and it’s no surprise that AI plays a big role in it.
The vision forecasts a transformative future where the relationship between humanity and technology is at an inflection point. Themed Human by Design: How…
AI-driven drug discovery is poised to boom in 2024
January 10, 2024
AI-driven drug discovery is about to boom in 2024, if the fast and furious pace of announcements timed to coincide to this week’s 42nd annual JP Morgan Healthcare conference are any clue.
One of the biggest headlines came yesterday from Isomorphic Labs, a unit of Google’s parent company Alphabet company which is led by Google DeepMind founder Demis Hassabis.
Isomorphic collaboration with Lilly…
Samsung forges ahead with AI for all message
January 10, 2024
Samsung put much of the marketing punch of its CES 2024 event behind the idea of making AI for all, using the transformational force of AI in the cause of democratizing technology.
It was a familiar theme of the day at the press day for the big tech trade show in Las Vegas…
Microsoft and PNNL team up to build better batteries using AI
January 10, 2024
The quest for the ultimate battery has just taken a significant leap forward. Microsoft and the Department of Energy’s Pacific Northwest National Laboratory (PNNL) have announced a new multi-year collaboration to accelerate scientific discovery and sustainable energy…
Writer, a three-year-old San Francisco-based startup which raised $100 million in September 2023 to bring its proprietary, enterprise-focused large language models to more companies, doesn’t hit the headlines as often as OpenAI, Anthropic or Meta — or even as much as hot LLM startups like France-based Mistral AI.
But Writer’s family of in-house LLMs, called Palmyra, may well be the little…
Microsoft’s latest model pushes the bar in AI video with trajectory-based generation
January 10, 2024
AI companies are racing to master the art of video generation. Over the last few months, several players in the space, including Stability AI and Pika Labs, have released models capable of producing videos of different types with text and image prompts. Building on that…
US Army carves out its role in space
January 10, 2024
WASHINGTON — The U.S. Army’s mission when it comes to operating in space and using space capabilities is shifting to adapt to the arrival of the U.S. Space Force.
Before the Space Force’s establishment in 2019, the Army’s space-related mission areas included…
Germany’s Hensoldt hires Thales executive to lead company
January 10, 2024
PARIS — Defense electronics specialist Hensoldt has hired a competitor’s executive as its new leader, the German company announced Monday.
Oliver Dörre will become CEO at Hensoldt and replace outgoing boss Thomas Müller on April 1.
Dörre joins Hensoldt from the French firm Thales, where he led the company’s German arm. Dörre has already started work on Hensoldt’s management board, the…
