CryptoNews

Ethereum Foundation Defends $96.9M Transfer Amidst Criticism

On Aug. 23, 2024, the Ethereum Foundation made a significant transaction by transferring 35,000 ETH, valued at approximately $96.9 million based on current ether rates. The transaction sparked some criticism from the crypto community, with a few voices raising concerns about the foundation’s transparency. However, the foundation’s executive director quickly clarified that the transfer was…
Read more
AI & RoboticsNews

Microsoft releases powerful new Phi-3.5 models, beating Google, OpenAI and more

Microsoft isn’t resting its AI success on the laurels of its partnership with OpenAI. No, far from it. Instead, the company often known as Redmond for its headquarters location in Washington state today came out swinging with the release of 3 new models in its evolving Phi series of language/multimodal AI.   The three new Phi 3.5 models include the 3.82 billion parameter…
Read more
AI & RoboticsNews

How Piramidal is using AI to decode the human brain

The human brain is ultimately one of the last frontiers — a paradoxical black box that we can’t even begin to understand ourselves.But what if, just as paradoxically, AI could interpret the complexities of the brain to help identify and diagnose some of our most serious…
AI & RoboticsNews

Skyfire launches to let autonomous AI agents spend money on your behalf

A new San Francisco startup, Skyfire, is launching today in beta with $8.5 million in seed round funding to become the “Visa for AI” by allowing you to equip autonomous AI agents made by other companies with your money and let them spend it while they go off on and work for you. “We’re enabling is AI agents to be able to autonomously make payments, receive payments, hold balances,” said…
Read more
DefenseNews

Signal battalions to be rebuilt for modern combat, Army says

The Army is restructuring its signal battalions as advancements in technology and a laser-focus on its network dovetail with a shift from brigade to division-centric combat plans. Final details for restructuring the battalions came after years of merging job specialties in…
Cleantech & EV'sNews

NIO begins online presence for its expansion to the UAE ahead of a market launch later this year

Chinese EV automaker NIO is expanding its global presence, making headway in the United Arab Emirates (UAE) following a strategic partnership backed by the Abu Dhabi government. The automaker has gone live with an official website and social media page for its new UAE business division and has shared who will manage it. NIO ($NIO) is no stranger to coverage on Electrek, and today is no different.
Read more