DefenseNews

France rethinks military light-drone acquisition as Army falls behind

PARIS — France is changing its acquisition process for light military drone unmanned aerial vehicles to become more nimble and signed a pact with local drone makers as the country’s Army threatens to fall behind in a technology that military leaders say is remaking warfare. French Armed Forces Minister Sebastian Lecornu signed a “defense UAV pact” at the Eurosatory defense show here on…
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Cleantech & EV'sNews

Elon's new deal, Kia EV rebates, NIO solid state batteries, and Volvo at Le Mans

Elon did enough to convince shareholders he deserved his multi billion dollar payout, but can he convince Delaware courts? Meanwhile, Hyundai and Kia invest in North American manufacturing, NIO is ramping up production of its 650 mile solid-state EV, and Volvo got a big win at Le Mans. All this and more on today’s episode of Quick Charge! Also interesting: it turns out, most of you don’t know…
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CryptoNews

SEC's Crypto Enforcement Chief Departs After 9 Years

The head of the Crypto Asset and Cyber Unit at the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement has left the agency after nine years of service. Under his guidance, the SEC took many enforcement actions against crypto firms, including major…
CryptoNews

Tether Launches Alloy, Opening the Gates for Issuing Gold Standard Compliant Assets

Tether, one of the largest companies in the stablecoin arena, has announced the launch of Alloy, a series of assets pegged to the value of another asset, but collateralized with gold. The first token in the Alloy lineup is AUSDT, which will track the value of the U.S. dollar using Tether Gold (XAUT) as collateral. Tether Launches Alloy to Ease Issuance of Gold-Backed ‘Tethered Assets’ Tether…
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AI & RoboticsNews

Runway unveils new hyper realistic AI video model Gen-3 Alpha, capable of 10-second-long clips

New York City-based Runway ML, also known as Runway, was among the earliest startups to focus on realistic high-quality generative AI video creation models. But following the debut of its Gen-1 model in February 2023 and Gen-2 in June 2023, the company has since seen its star occluded by other highly realistic AI video generators, namely OpenAI’s still-unreleased Sora model and Luma AI’s…
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