CryptoNews

Hong Kong's Grace Period for Crypto Exchanges Ending — Trading Platforms Must Obtain License by June 1

May 30, 2024
The Hong Kong Securities and Futures Commission (SFC) has issued a reminder that crypto trading platforms must obtain a license to operate in Hong Kong before the grace period ends on June 1. The regulator warned that operating without a license is a criminal offense and will enforce compliance. Investors are advised to only trade on SFC-licensed crypto trading platforms. Regulatory Deadline…
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AI & RoboticsNews

Elon Musk’s xAI raises $6B to take on OpenAI

May 29, 2024
Today, Elon Musk’s xAI startup announced a massive $6 billion round of funding. Confirming reports from April, the series B investment comes from the participation of multiple known venture capital firms and investors, including Valor Equity Partners, Vy Capital…
AI & RoboticsNews

OpenAI begins training new frontier model — but GPT-5 won’t come for at least 90 days

May 29, 2024
ChatGPT-maker OpenAI this morning announced it has begun training its new “frontier model” and formed a new Safety and Security Committee led by current board members Bret Taylor (OpenAI board chair and co-founder of customer service startup Sierra AI, former Google Maps lead and former Facebook CTO), Adam D’Angelo (CEO of Quora and AI model aggregator app Poe), Nicole Seligman (former…
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DefenseNews

Boeing wins $7.5 billion contract from US Air Force for guided bombs

May 29, 2024
The Air Force awarded Boeing a contract worth nearly $7.5 billion to build more kits to convert bombs into guided weapons known as Joint Direct Attack Munitions. The company will provide JDAM tail kits and other supplies under the sole-source fixed-price, indefinite delivery/indefinite quantity contract, the Pentagon said Friday. The company will work on the kits, as well as spares, repairs…
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DefenseNews

US Army sets development plan for future tactical drone

May 29, 2024
The U.S. Army approved the characteristics it wants in a Future Tactical Unmanned Aircraft System after awarding contracts to two teams competing to build the drone. The service approved an Abbreviated Capabilities Development Document, or A-CDD, on May 17, setting up the…
Cleantech & EV'sNews

I just swapped a Tesla Model 3 for a Model Y and Elon Musk's brutal layoffs ruined the experience

May 29, 2024
I turned in a 2021 Tesla Model 3 and leased a 2024 Model Y, and I learned firsthand how badly Tesla’s layoffs have affected morale and customer service. My firsthand experience of Tesla layoffs My husband and I wanted to work with Tesla’s new South Burlington, Vermont, Tesla Center because it’s an easy 1 hour 20 minutes drive away. However, it’s not handling lease returns or new car…
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