The Senate Committee on Agriculture, Nutrition, and Forestry held a hearing on Wednesday where Chairwoman Senator Debbie Stabenow stressed the urgent need for robust regulation in the crypto market. The discussion focused on investor protection, market integrity, and the necessity of federal oversight for digital commodities like bitcoin and ethereum.
Senate Committee Highlights Need for Federal…
Fed Chair Powell Reaffirms Stance on Custody Assets Amid SEC Crypto Rule Controversy – News Bytes Bitcoin News
July 11, 2024
On Wednesday, Federal Reserve Chair Jerome Powell testified before the U.S. House Financial Services Committee, where Congressman Josh Gottheimer (D-NJ) questioned him about the SEC’s Staff Accounting Bulletin (SAB) 121. This bulletin mandates that banks include digital…
Writer drops mind-blowing AI update
July 10, 2024
Writer, a leading enterprise AI platform, has rolled out a suite of powerful enhancements to its artificial intelligence chat applications, announced today at VB Transform. The sweeping improvements, which include advanced graph-based retrieval-augmented generation (RAG) and…
Following the announcement of Writer‘s newest features, CEO May Habib took to the stage at VB Transform to give context to the latest update and address the challenges facing enterprise generative AI adoption. The enterprise AI platform recently unveiled significant improvements to its artificial intelligence chat applications, including advanced graph-based retrieval-augmented generation (RAG)…
Aitomatic announced SemiKong, the world’s first open-source AI Large Language Model (LLM) designed specifically for the semiconductor industry.
Unveiled at Semicon West 2024, SemiKong aims to revolutionize semiconductor processes and fabrication technology, potentially…
The Navy’s Fleet Readiness Center East is testing how a laser projection system can help the Marine Corps with painting their aircraft, part of an attempt to cut the time an aircraft spends in maintenance.
Aircraft are traditionally painted using a masking technique…
The Pentagon on Friday “indefinitely” called off a U.S. Army exercise in the country of Georgia, which neighbors Russia, as U.S. officials review future cooperation with the country.
The training event, dubbed Noble Exercise 2024, was scheduled to run from July 25 to Aug. 6, and normally takes place at Vaziani and Camp Norio Training Areas outside the capital city of Tbilisi. The Pentagon said…
With three full months left in the fiscal year for military recruiting, the services already are developing a sense of whether they’ll make their target recruiting mission or end up short.
The Marine Corps has brought in more than 101% of its recruiting target for the year…
XPeng's latest new model will reportedly dump LiDAR in favor of pure vision, similar to Tesla
July 10, 2024
Following reports dating back to February, XPeng Motors appears to be genuinely beginning a transition from LiDAR sensors to pure vision cameras in advanced driver systems. The ADAS technology, similar to that of Tesla, is expected to roll out in a new XPeng BEV model later…
Maersk Offshore Wind is building a wind installation vessel concept (Maersk WIV) that can install offshore turbines faster and cheaper.
Denmark-headquartered Maersk Offshore Wind, which is owned by AP Moller Holding, is a spinoff of Maersk Supply Service, which designed and developed the wind installation vessel concept.
The Maersk WIV (concept pictured above) will be permanently stationed at a…
