Indian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget keeps the existing cryptocurrency tax regulations unchanged, disappointing local crypto advocates. They argue that reducing the 1% tax deducted at source (TDS) is essential for reviving the struggling crypto industry in India. Industry leaders emphasize the need for ongoing dialogue with regulators to foster a supportive…
On Tuesday, Bitwise Investments disclosed a collection of Ethereum Name Service (ENS) subnames for its ethereum reserve holding wallets. Bitwise emphasized that this level of transparency is unique to cryptocurrency, allowing the public to easily verify the firm’s net…
As both a mystery game fan and a Person in the Games Industry, I would like to hereby dub 2024 the Year of the Mystery Game. We’ve gotten a new Nancy Drew game, two Ace Attorney collections (which I’m hoping against all odds means we might get a new game at some point in…
Bethesda Game Studios workers have voted to join the Communications Workers of America, forming the first wall-to-wall union at a Microsoft video game studio.
The workers, consisting of 241 developers, artists, engineers, programmers and designers have either signed a union authorization card or indicated that they wanted union representation via an online portal. Microsoft has recognized the…
AI’s new frontier: Hugging Face, Nvidia, and OpenAI lead charge in small language models
July 22, 2024
Three major players in artificial intelligence unveiled compact language models this week, signaling a major shift in the AI industry. Hugging Face, Nvidia in partnership with Mistral AI, and OpenAI have each released small language models (SLMs) that promise to democratize…
AI regulation in peril: Navigating uncertain times
July 22, 2024
The Supreme Court recently took a sledgehammer to federal agencies’ powers, as noted by Morning Brew. Less than a year ago, the drive for AI regulation was gaining significant momentum, marked by key milestones such as the AI Safety Summit in the U.K., the Biden…
As we approach the two-year anniversary of ChatGPT and the subsequent “Cambrian explosion” of generative AI applications and tools, it has become apparent that two things can be true at once: The potential for this technology to positively reshape our lives is undeniable, as are the risks of pervasive bias that permeate these models.
In less than two years, AI has gone from supporting everyday…
US Air Force, Boeing reach deal on prototype E-7
July 22, 2024
RAF FAIRFORD, England — The Air Force has reached an agreement with Boeing to build the first rapid prototype E-7 battle management aircraft, Air Force Secretary Frank Kendall told reporters here over the weekend.
The terms of the contract are not yet settled, but should…
RAF FAIRFORD, England — The U.S. military is once again accepting deliveries of the newest F-35 Joint Strike Fighters from Lockheed Martin after a yearlong halt caused by problems with the fighters’ upgrades.
The first two F-35As loaded with a “truncated,” or…
A problem with CrowdStrike crippled Microsoft systems and grounded planes at airports around the world last week, but there’s good news hiding in airports, too. Luxavation subsidiary ExecuJet is making real progress decarbonizing ground transport .
Luxaviation Group is one of the largest business aircraft and helicopter operators worldwide headquartered in Luxembourg (which is sort of like being…