A new technique developed by much-hyped Tokyo, Japan startup Sakana AI automatically creates generative models. The technique, called Evolutionary Model Merge, is inspired by the process of natural selection and combines parts of existing models to create more capable ones.
Sakana AI first announced its existence in August 2023, co-founded by esteemed AI researchers including former Googlers David…
Adobe was one of the largest and first companies to jump on the generative AI bandwagon with the release of its own, commercially-safe Firefly AI image generator and editing model nearly a year ago in March 2023.
Now, as it celebrates the first year anniversary of the model…
Activeloop nets $11M to give enterprises a better way to leverage multimodal data for AI
March 27, 2024
California-based Activeloop, a startup offering a dedicated database to streamline AI projects, today announced it has raised $11 million in series A funding from Streamlined Ventures, Y Combinator, Samsung Next (the startup acceleration arm of the Samsung Group) and…
HUNTSVILLE, Ala. — The U.S. Army’s new team designed to allow the service to see deeply into a battlespace will initially work toward creating an architecture of sensors as well as processing and disseminating the enormous amount of data collected from those sensors, according to Army Futures Command leader Gen. James Rainey.
The All-Domain Sensing Cross-Functional Team will grow out of the…
HUNTSVILLE, Ala. — The U.S. Army is speeding up its plan to procure launched effects capable of flying at different ranges and deploying from a variety of air and ground vehicles.
With cancellation of the Army’s manned Future Attack Reconnaissance Aircraft, the service…
The U.S. Air Force’s $3.5 billion budgetary wish list for fiscal 2025 includes more funds for spare parts to get grounded planes back in the air, and seeks resources to be able to deploy more personnel and fighter jets.
The unfunded priorities list the service submitted to…
A new report by the European Commission adds yet another real-world data point showing that plug-in hybrid electric vehicles create much more emissions than we previously thought – by an average of 3.5 times as much as lab testing indicates.
Plug-in hybrids (PHEVs) are thought to bring the best of both worlds – a large enough battery to take care of your daily tasks, paired with a gas…
Geely’s electric outdoor brand, Radar Auto, opened blind reservations for its new AWD version of the R6. The new electric pickup is the fastest production pickup from China, but can it keep up with the Tesla Cybertruck?
New Chinese electric pickup takes on Tesla’s…
Alcoholic drinks giant Diageo will replace natural gas-fired heat with Rondo Energy’s Heat Batteries at its production sites in Kentucky and Illinois.
The US Department of Energy (DOE) has awarded the Diageo–Rondo Energy project up to $75 million. That money comes from…
Crypto Exchange Kucoin and Founders Charged With Bank Secrecy Act and Money Laundering Violations
March 27, 2024
The Southern District of New York has announced charges against the global cryptocurrency exchange Kucoin and its founders for major violations of U.S. anti-money laundering laws.
Kucoin Faces Legal Firestorm for Alleged Anti-Money Laundering Failures
Damian Williams, the United States Attorney for the Southern District of New York, detailed the charges against Kucoin, accusing the platform and…
