McKinsey and Company, the nearly century-old firm that is the one of the largest consulting agencies in the world, made headlines earlier this year with its rapid embrace of generative AI tools, saying in June that nearly half of its 30,000 employees were using the technology.
Now, the company is debuting a gen AI tool of its own: Lilli, a new chat application for employees designed by…
NCSoft reveals VARCO AI language models
August 17, 2023
NCSoft announced today it’s launching a group of AI language models under the umbrella name VARCO LLM. It’s comprised of four language models, and generative AI services powered by those language models. Specifically, three of the generative AI services powered by VARCO…
Paypal Pauses UK Crypto Purchases Amid Regulatory Changes; Assures Resumption in Early 2024 – Bitcoin News
August 17, 2023
In recent communications to its U.K. clientele, Paypal has announced a temporary suspension of cryptocurrency purchases starting October 1, 2023, with plans to resume in early 2024. Notably, even amidst this hiatus, users can continue to hold their crypto within the Paypal…
Coinbase Secures Regulatory Approval to Offer Crypto Futures to US Customers – Exchanges Bitcoin News
August 17, 2023
The Nasdaq-listed crypto exchange Coinbase has secured regulatory approval to operate a Futures Commission Merchant (FCM) and offer customers access to crypto futures. “Coinbase will now be the first crypto-native leader to directly offer traditional spot crypto trading alongside regulated and leveraged crypto futures,” the exchange detailed.
Coinbase Reaches ‘Critical…
Opera’s AI browser assistant is now available in its iOS app
August 17, 2023
Opera announced today that its Aria AI assistant has made its way to iOS. The feature launched on desktop in June and stems from a partnership with ChatGPT creator OpenAI. Opera says Aria, now available on all major desktop and mobile platforms, has tallied over a million…
New York City bans TikTok for government employees
August 17, 2023
New York City will ban TikTok from government devices, The Verge reported on Wednesday. City agencies have 30 days to remove the ByteDance-owned app from their devices. Employees will not be allowed to download or use TikTok on their city-sanctioned tech effective…
After less than five years in service, the littoral combat ship Sioux City was decommissioned Monday in a ceremony aboard Naval Station Mayport, Florida.
It was the latest early retirement for the costly and troubled Freedom-class ships, vessels conceived earlier this century that officials now admit stand little chance of surviving a conventional battle against China or another nation’s…
JetZero, an aerospace startup focused on fuel-efficient jets, will build and fly a sleek new prototype aircraft that could one day join the Air Force’s mobility fleet, the service announced Wednesday.
The Z-5 airframe — a blended wing body design with an oblong fuselage…
Quick Charge Podcast: August 16, 2023
August 17, 2023
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players.
New episodes of Quick Charge are recorded Monday through Thursday and again on…
This is the rugged electric 4x4 SUV we've been waiting for, and it's not a Jeep Wrangler
August 17, 2023
Meet the new all-electric Thar.e rugged SUV concept. The electric 4×4 looks like a modern-day Jeep Wrangler EV, but it’s from Mumbai-based Mahindra Automotive and poised to enter international markets.
Meet the Thar.e rugged electric 4×4 SUV concept
Mahindra Electric Automobiles (MEAL), a business unit of Mahindra & Mahindra, one of India’s largest vehicle manufacturers, unveiled the…