CryptoNews

Circle Report Shows USDC Navigating Challenging Waters in 2023

Despite a challenging 2023 with a substantial decline in circulating supply, a Circle report claims USDC emerges resilient, experiencing a surge in real-world applications and a decrease in speculative trading. A Resilient Year for USDC Amidst Market Shifts Circle, the issuer of the USD Coin (USDC), released its “State of the USDC Economy,” covering current key trends and shifting dynamics in…
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AI & RoboticsNews

Tokyo startup Sakana AI lands $30M to forge new path with compact AI models

Sakana AI, a Tokyo-based artificial intelligence startup co-founded by two notable ex-Google engineers, announced today that it has raised $30 million in seed funding from high-profile technology investors. The young company, founded just last year, aims to take a different approach to AI by developing smaller, more efficient models inspired by nature.  The seed round was led by Lux Capital…
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DefenseNews

Defense innovation hindered by Cold War-era practices, experts say

WASHINGTON — The Pentagon’s outdated weapons-buying processes are hampering its ability to integrate innovative technology and work with nimble start-up companies. A panel of defense experts wants to change that. The Commission on Defense Innovation Adoption, established by the Atlantic Council in 2022, issued 10 recommendations for helping the U.S. Department of Defense overcome its…
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DefenseNews

US Navy’s four unmanned ships return from Pacific deployment

WASHINGTON — The U.S. Navy completed its first deployment of four unmanned ships, which spent five months in the Pacific testing concepts for how to integrate their capabilities into crewed fleet operations. The unmanned surface vessels — Sea Hunter, Sea Hawk, Mariner…
Cleantech & EV'sNews

Elon Musk complains about his smaller stake in Tesla after wasting it on buying Twitter

Elon Musk has made a bizarre statement in which he appears to complain about his smaller stake in Tesla and said that he prefers building products elsewhere unless he gets a bigger stake in the company. The statement is particularly bizarre when you consider the fact that he himself recently sold tens of billions of dollars worth of Tesla stock to buy a grossly overpriced Twitter. There’s…
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