It flies, it floats, it’s electric — and now it’s officially a hit. The world’s first electric hydrofoil ferry, a Candela P-12 vessel named Nova, has wrapped up its first season of public service in Stockholm, and new data confirms what many suspected: this sleek, silent, water-skimming machine isn’t just a cool piece of tech — it’s also wildly successful.
The Nova, which first…
The digital asset sphere experienced a vigorous upswing Wednesday, its total valuation swelling over 9% as bitcoin surpassed the $83,000 benchmark during afternoon trading. While the leading cryptocurrency rose 8.4%, select altcoins dramatically outpaced this…
Defining Moment for XRP: Ripple CTO Highlights XRP's Potential in Multi-Trillion-Dollar Ecosystem
April 10, 2025
Ripple’s $1.25 billion Hidden Road acquisition supercharges XRP’s role in global finance, unleashing instant, cross-asset settlement and bridging blockchain with trillions in traditional capital.
XRP to Anchor Cross-Asset Settlement in Ripple’s Hidden Road Brokerage…
The securities regulator believes that crypto assets currently pose a minimal risk to financial stability due to their relatively small size and limited integration with traditional financial systems.
Crypto Assets 1% of Global Financial Assets
The European Securities and Markets Authority (ESMA) said crypto assets currently pose no significant risk to financial stability. The regulator cited the…
The RAG reality check: New open-source framework lets enterprises scientifically measure AI performance
April 9, 2025
Enterprises are spending time and money building out retrieval-augmented generation (RAG) systems. The goal is to have an accurate enterprise AI system, but are those systems actually working?
The inability to objectively measure whether RAG systems are actually working is a…
Wells Fargo’s AI assistant just crossed 245 million interactions – no human handoffs, no sensitive data exposed
April 9, 2025
Wells Fargo has quietly accomplished what most enterprises are still dreaming about: building a large-scale, production-ready generative AI system that actually works. In 2024 alone, the bank’s AI-powered assistant, Fargo, handled 245.4 million interactions – more than…
New open source AI company Deep Cogito releases first models and they’re already topping the charts
April 9, 2025
Deep Cogito, a new AI research startup based in San Francisco, officially emerged from stealth today with Cogito v1, a new line of open source large language models (LLMs) fine-tuned from Meta’s Llama 3.2 and equipped with hybrid reasoning capabilities — the ability to answer quickly and immediately, or “self-reflect” like OpenAI’s “o” series and DeepSeek R1.
The company aims to push…
Is this our first look at the all-electric Corvette we’ve been waiting for? GM just previewed a new Chevrolet Corvette EV concept, giving us a glimpse of what the next-gen Vette could look like. GM also teased a new GMC concept for the first time.
GM previews new Chevy…
Toyota is late to the game, but it doesn’t want to fall any further behind. The world’s largest automaker is about to shake things up with 10 new EVs launching by 2027 — tripling its lineup. The new models will roll out in the US, Europe, Japan, China, and Southeast…
Specialized has announced a voluntary recall for several of its popular Turbo e-bike models after identifying a safety issue with the chain guard that could pose a fall risk to riders. The culprit? A clothing-eating drivetrain setup that may be a bit too hungry for its own good.
The recall affects Turbo Como IGH, Turbo Como SL IGH, and Turbo Vado IGH models equipped with internal gear hubs (IGH)…
