Tesla’s next-gen Dojo AI training tile is in production, according to supplier Taiwan Semiconductor Manufacturing Company Limited (TSMC).
Tesla has been heavily investing in AI training compute power both through buying NVIDIA hardware and building its own under its Dojo program.
The first generation of its Dojo super computing platform went into operation last summer.
Shortly after, it was…
JPMorgan has highlighted a significant increase in selling and profit-taking across equity and crypto markets, driven largely by retail investors. The global investment bank also observed institutional momentum traders and quantitative funds reducing positions, particularly…
Tether, one of the largest cryptocurrency companies, has recently released an attestation of its financial activity corresponding to Q1 2024. Tether registered a record-breaking $4.52 billion in profits, and disclosed its net equity levels, reporting $11.37 billion as of…
Report: 30% of UK Watchdog’s Financial Crime Experts Focused on Crypto Businesses in 2022-23
May 3, 2024
According to a report, the Financial Conduct Authority, a watchdog for the financial services industry in the U.K., had 30% of its financial crime specialists focused on crypto-asset businesses. Assessments conducted by supervisors in the U.K. found that not only crypto-asset businesses, but nearly all participants in the country’s financial services sector, are susceptible to financial…
DENVER — Since the Army canceled plans to develop a Future Attack Reconnaissance Aircraft earlier this year, the two anticipated competitors have both moved to make use of their work on the program.
The service is closing out its FARA effort at the end of fiscal 2024. Two…
DENVER — The U.S. Army will choose who is to integrate its long-range, high-speed spy plane this summer, a major step in its effort to overhaul existing fixed-wing aircraft that perform intelligence, surveillance and reconnaissance missions, according to service officials…
COLOGNE, Germany — RTX’s Raytheon selected Spanish engineering and technology group Sener to make a key component of the Patriot air-defense system’s interceptor missile at its Madrid site.
The contract, announced by the companies on April 29, covers the electro-mechanical control section of the GEM-T missile, one of the interceptor options for the system’s global customer base. The part…
Gogoro, the global leader in battery-swapping for light electric vehicles like scooters and motorcycles, just can’t seem to slow down. After a week full of major news, the company is back with perhaps its biggest announcement lately: a plan for a major partnership that…
Nevada utility NV Energy’s largest battery energy storage system sits on a former coal-fired power plant site and will save customers a lot of money.
Swiss-US battery energy storage specialist Energy Vault (NYSE: NRGV) built the 220 MW/440 MWh grid-tied Reid Gardner…
Ford Pro is now taking orders for the newest version of its commercial EV, the E-Transit, with up to 32% more range and faster charge times.
The 2024 E-transit‘s larger 89 kWh battery (up from 67 kWh) provides an estimated range of up to 159 miles. Ford says that makes it capable of new use cases such as refrigerated delivery.
The enhanced E-Transit also features dual onboard chargers that…
