CryptoNews

US Ethereum ETFs Hold $10.24B in Reserves Following $106M in Inflows

Based on the recent data, the nine newly introduced ethereum exchange-traded funds (ETFs) saw $106.78 million in inflows on Tuesday. Blackrock took the lead with $266.55 million in trading volume throughout the day. Blackrock Dominates Inflows as Nearly Half a Billion Exits ETHE The newly introduced ethereum ETFs performed admirably on Tuesday, registering their first day of gains. Over the course…
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GamingNews

Barnyard Games brings Superplastic characters to Fortnite

Game developer Barnyard Games and entertainment company Superplastic announced today they’re collaborating on a new project: Bringing Superplastic’s animated characters to a video game, specifically Fortnite. The two are launching their own title, Fortnite’s Most…
AI & RoboticsNews

By embracing liquid cooling, AI powerhouse Supermicro enables 30% more computing power — with the same power budget

Charles Liang, CEO of Supermicro, predicts that “the AI revolution can be bigger than the industrial revolution,” and the astonishing growth of Supermicro just in the past year seems to bear out this prediction. Supermicro revenue grew by 200% year over year in the third fiscal quarter, and it’s expected to grow another 152% by the end of the year. Liang spoke at VB Transform 2024 about the…
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AI & RoboticsNews

How Chevron is using gen AI to strike oil

Oil and gas operations generate an enormous amount of data — a seismic survey in New Mexico, for instance, can provide a file that is a petabyte all by itself.  “To turn that into an image that you can make a decision with is a 100 exaflop operation,” Bill Braun…
DefenseNews

Boeing says it will shun fixed-price contracts for drone wingmen

FARNBOROUGH AIR SHOW — A top Boeing executive said Monday the company plans to keep bidding to make drone wingmen for the Air Force — but not if it means agreeing to a fixed-price contract. “If it’s a fixed-price development program that requires a ton of maturity … that is a recipe for failure,” Ted Colbert, president and chief executive at Boeing Defense, Space and Security, told…
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Cleantech & EV'sNews

Hyundai worries growing over a Trump EV disrupt at its new $7.6B Georgia Metaplant

Hyundai’s first EV is set to roll off the production line at its new $7.6 billion Metaplant in Georgia later this year. With Trump vowing to end “EV mandates” on day one if elected, Hyundai is preparing for a sudden shift in leadership. Hyundai’s EV plant was built to comply with the Biden administration’s move to promote domestic production and move the US toward a cleaner future. What…
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