Cleantech & EV'sNews

Kia eyes even cheaper $22K entry-level EV and new brand-building Stinger GT-like model

September 20, 2024
Kia wants to change the game with a series of cheaper EVs set to hit the market. Several are already rolling out, like the new EV3, but Kia aims to lower the bar further with a new entry-level EV, starting around $22,200 (€20,000). On the other end of its EV lineup, Kia is eyeing a new Stinger GT-like model. We got our first glimpse into Kia’s electrifying future during its first annual EV Day…
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AI & RoboticsNews

Grounding LLMs in reality: How one company achieved 70% productivity boost with gen AI

September 20, 2024
Drip Capital, a Silicon Valley-based fintech startup, is leveraging generative AI to achieve a remarkable 70% productivity boost in cross-border trade finance operations. The company, which has raised more than $500 million in debt and equity funding, is employing large language models (LLMs) to automate document processing, enhance risk assessment and dramatically increase operational efficiency.
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CryptoNews

Impact of Fed Rate Cuts on Crypto Markets, Bybit Executive Weighs In

September 20, 2024
Bybit’s head of institution has shared his insights into the possible effects of the Federal Reserve’s rate cuts on the cryptocurrency market. “We anticipate that the recent rate cut could enhance market sentiment and encourage both retail and institutional investors to diversify their portfolios by exploring and investing in cryptocurrencies,” he opined. Bybit’s Chris Aruliah on the…
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CryptoNews

Louisiana Announces Crypto Payment Options for State Services

September 20, 2024
The U.S. state of Louisiana has announced that residents can now use bitcoin, bitcoin lightning, and USD Coin to pay for state services through private, secure crypto wallets. “By introducing cryptocurrency as a payment option, we’re not just innovating; we’re…
CryptoNews

South Korea, Hong Kong Lead Crypto Market Growth in East Asia

September 19, 2024
East Asia’s cryptocurrency market is experiencing significant growth, driven by institutional adoption in South Korea and Hong Kong, according to a report by blockchain analytics firm Chainalysis. South Korea leads with $130 billion in on-chain value, while Hong Kong emerges as a major hub due to its unique regulatory framework. Both regions reflect shifting attitudes toward digital assets…
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