Espresso AI, a stealthy Silicon Valley artificial intelligence startup, has raised over $11 million in seed funding to bring the power of AI to perhaps the biggest challenge in enterprise computing today: reining in runaway cloud costs. The funding includes a seed round led by Daniel Gross and Nat Friedman, and a pre-seed round led by Matt Turck at FirstMark, with participation from industry…
The House Financial Services Committee’s hearing this week on the reauthorization of the Defense Production Act is timely and important. The DPA is an essential tool for national security that was little known prior to COVID-19. Its use during the pandemic helped the U.S.
Thousands of enemy troops pour across the border, invading the sovereign nation of Pirtuni — a staunch U.S. ally.
The “Donovians” rush infantry, armor and anti-aircraft systems across their border — which looks much like Russia — into Pirtuni, which resembles…
WARSAW, Poland — Senior Lockheed Martin officials said they expect the first F-35 warplanes for Poland to leave the production plant in Fort Worth, Texas, in the coming months, a time line unaffected by the company’s problems with a major upgrade for the aircraft known as Technology Refresh 3, or TR-3.
The envisioned timing lines up with Polish pilot training, which is slated to begin in the…
Earlier this year, Apple canceled its decade-long Project Titan electric car initiative, but a new report from DigiTimes says that Apple’s electric vehicle ambitions might not be over. According to the story, Apple is “assessing the possibility of teaming up with a…
WattEV has just opened the first electric truck charging depot in the US to use the new Megawatt Charge System, capable of delivering up to 1.2 megawatts of power, currently the highest-speed charger available in the US, along with solar and battery backup on-site and a…
Ahead of its call with investors this afternoon, Lucid Motors has posted its Q1 2024 financial results. The numbers aren’t mind-blowing, but the American automaker is making slow improvements in EV deliveries and revenue as it gears up to launch its second model later this year.
Today’s full Q1 2024 financial report follows a peek at delivery numbers Lucid Motors ($LCID) made public in April.
Australian Tax Office Seeks Personal, Transaction Details from 1.2 Million Cryptocurrency Users
May 8, 2024
The Australian Tax Office reportedly has requested that cryptocurrency exchanges share both personal and transaction details of as many as 1.2 million cryptocurrency users. The revenue collector recognized that some users are fulfilling their tax obligations unknowingly, but…
GoMining Secures Bitscale Capital Backing to Accelerate Its NFT-Based Bitcoin Mining Operation
May 8, 2024
PRESS RELEASE. British Virgin Islands / Wednesday / GoMining, the infrastructure company easing access to Bitcoin mining with its Liquid Bitcoin Hashrate protocol, has raised $3 million through a direct investment from Bitscale Capital, a top international VC fund.
The…
North American bitcoin miner, Hut 8, said it mined 148 bitcoins, or 36% coins less in April than it did in March. Hut 8 primarily attributes the decrease in the number of mined bitcoins to the relocation of its proprietary miners, which were previously hosted at the Kearney and Granbury sites.
The Halving Effect
Hut 8, one of North America’s largest bitcoin miners, recently disclosed that its…
