Turkish Treasury and Finance Minister Mehmet Simsek has stated that there are no current plans to impose taxes on profits from cryptocurrencies. However, he mentioned that the government is considering implementing a “very limited” transaction tax on these assets, though the specifics have not been determined. This statement was made to clarify earlier reports by Bloomberg, which indicated…
There’s practically a new study examining artificial intelligence’s impact on the workplace every week. Microsoft and LinkedIn released their annual Work Trend Index last month, concluding workers are embracing AI while employers remain largely paralyzed by indecision.
A new whitepaper released last week by the Electric Power Research Institute (EPRI) quantifies the exponential growth potential of AI power requirements. The 35-page report titled, “Powering Intelligence: Analyzing Artificial Intelligence and Data Center Energy…
Stability AI is opening up its generative AI efforts for audio today with the release of Stable Audio Open 1.0. Stability AI is perhaps best known for its stable diffusion text-to-image generation AI technology, but that’s only one part of the company’s broader portfolio, which includes multiple models for code, text and audio. In Sept. 2023, Stability AI first publicly launched Stable Audio…
The House defense spending panel on Wednesday advanced the first draft of its annual Pentagon funding bill over objections from Democrats, who cited a provision that would block the president’s authority to withhold arms transfers to Israel and a lack of security…
PARIS — Kelly Magsamen, who has served as chief of staff to U.S. Defense Secretary Lloyd Austin his entire tenure, will step down at the end of June.
Austin announced the change in a statement, crediting her for “every initiative I have launched to defend our nation,”…
Tesla Energy and smart electrical panel maker SPAN have launched the SPAN + Tesla Powerwall 3 bundle, a smart home battery backup system.
SPAN announced the partnership on LinkedIn and described the bundle as unlocking “special bundled pricing and next-level functionality for the most advanced home energy management technology on the market, including real-time energy insights and backup load…
Elon’s NVIDIA deal could spell big trouble for Tesla, Ford’s Explorer EV enters production, and BYD expands into the Bahamas (along with 10 other developing markets). All this and more on today’s Quick Charge!
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Elon Musk asked Nvidia to prioritize GPU…
Mercedes and Stellantis have stopped work on their joint European EV battery factory projects, and are reassessing which direction to move forward with the possibility of shifting to cheaper lithium iron phosphate cells.
Mercedes and Stellantis first partnered to form a…
On June 4, 2024, U.S. spot bitcoin exchange-traded funds (ETFs) saw their second-largest day of inflows since their launch in January. The inflows totaled approximately $886.6 million, with Fidelity’s FBTC leading, capturing $379 million on Tuesday.
U.S. Spot Bitcoin ETFs Secure Over $61 Billion in BTC Holdings
Spot bitcoin ETFs have been experiencing daily inflows consistently, and Tuesday’s…
