DefenseNews

Boeing says it will shun fixed-price contracts for drone wingmen

FARNBOROUGH AIR SHOW — A top Boeing executive said Monday the company plans to keep bidding to make drone wingmen for the Air Force — but not if it means agreeing to a fixed-price contract. “If it’s a fixed-price development program that requires a ton of maturity … that is a recipe for failure,” Ted Colbert, president and chief executive at Boeing Defense, Space and Security, told…
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Cleantech & EV'sNews

Hyundai worries growing over a Trump EV disrupt at its new $7.6B Georgia Metaplant

Hyundai’s first EV is set to roll off the production line at its new $7.6 billion Metaplant in Georgia later this year. With Trump vowing to end “EV mandates” on day one if elected, Hyundai is preparing for a sudden shift in leadership. Hyundai’s EV plant was built to comply with the Biden administration’s move to promote domestic production and move the US toward a cleaner future. What…
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CryptoNews

India Maintains Crypto Tax Regulations in 2024/25 Budget Taxes

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…
CryptoNews

Bitwise Reveals ENS Subnames for Ethereum ETF Reserve Wallets

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 assets. Bitwise Leads in Transparency by Publishing Ethereum ETF Addresses At 7:50 a.m. EDT on Tuesday, a little more than an…
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AI & RoboticsNews

AI’s new frontier: Hugging Face, Nvidia, and OpenAI lead charge in small language models

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 access to advanced natural language processing capabilities. This trend marks a significant departure from the race for…
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