DMM Bitcoin, a major cryptocurrency exchange based in Japan, has revealed its plan to secure 50 billion yen ($320 million) to repay customers after a significant security breach resulted in the loss of 4,503 bitcoins. The BTC leaked from the platform’s wallet on May 31. To ensure full reimbursement for affected customers, DMM Bitcoin plans to collaborate with its group companies to replace the…
After less than a week, the 45th U.S. President Donald Trump has seen his cryptocurrency portfolio double in value. As the 2024 presidential candidate, he now holds $31.23 million in assets, thanks to a wave of donations.
Trump’s Crypto Portfolio Doubles
Donald Trump’s…
RelationalAI, a startup that applies artificial intelligence directly to relational data, today announced the general availability of its Knowledge Graph Coprocessor on the Snowflake Data Cloud. The offering, first previewed last year (which we covered in-depth here)…
New AI innovations and benchmarks are announced every day (often multiple times a day), and enterprises are clamoring to take advantage. But sometimes it can be difficult to bridge the gap between what works in the lab and what works in the enterprise pipeline. To help support the startup system and expand the development of generative AI and large language models (LLMs), Cisco Investments today…
Foundation models have revolutionized the fields of computer vision and natural language processing. Now, a group of researchers believe the same principles can be applied to create foundation agents, AI systems that can perform open-ended decision-making tasks in the…
After making headlines with the announcement of Polaris, a vendor-neutral open data catalog for Apache Iceberg, Snowflake is launching new tools to help enterprises double down on the development of trusted AI-powered applications. In his second keynote of the company’s…
There’s more than one way to handle AI fine tuning, training and inference at the edge. Among the options beyond just a GPU is using a neural processing unit (NPU), from silicon vendor Kneron. At the Computex conference in Taiwan today, Kneron detailed its next generation of silicon and server technology to help advance edge AI inference as well as fine tuning. Kneron got its start back in…
A proposed defense spending bill the House of Representatives released Tuesday would fund eight more F-35 Joint Strike Fighters in fiscal 2025 than the military originally planned.
The Pentagon’s budget request earlier this year included money to buy 68 F-35s — 42 F-35As…
I believe that Elon Musk’s compensation package will haunt Tesla for years as lawsuits are already piling up.
Everyone is pointing fingers at who they think is responsible for this situation. Here’s my take.
We are less than two weeks away from Tesla’s annual…
Ford CEO Jim Farley wants the company to deliver affordable EVs like Henry Ford did with the Model T. However, the hard part is doing so profitably. After China’s bet on EVs “paid off” so far, Ford wants to compete with the best, including BYD.
Ford moves to affordable EVs
Farley believes its next-gen EVs will “not only be profitable, but also affordable for most Americans.”
According…
