CryptoNews

New AI Crypto Presale Raises $9m: 5 Days Left to Buy Scotty the AI Before Exchange Listings

A new meme coin, Scotty the AI (SCOTTY), is turning heads and raking in substantial investment dollars during its limited-time presale. With $9 million raised already, crypto traders have been scrambling to buy SCOTTY tokens before the presale window ends in five days. Scotty the AI Unleashes Meme Power & AI Utility While meme coins have often been criticized for lacking real-world utility…
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AI & RoboticsNews

At VentureBeat’s AI Impact Tour, Microsoft explores the risks and rewards of gen AI

Presented by Microsoft VentureBeat’s AI Impact Tour just wound up its stop in New York City, welcoming enterprise AI leaders in an intimate, invitation-only cocktail salon hosted by Microsoft at the company’s Flatiron office. The topic: How organizations can balance the risks and rewards of AI applications, as well as the ethics and transparency required. VentureBeat CEO Matt Marshall and…
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DefenseNews

US Navy nixed a Virginia sub amid spending frenzy to support suppliers

The U.S. Navy’s fiscal 2025 budget request includes money for one Virginia-class attack submarine instead of the planned two, but still represents “a prioritization and very significant investment in undersea warfare capabilities,” the service’s undersecretary said Friday, arguing this is not contradictory. The Navy has been buying its attack subs at a rate of two per year since FY11, but…
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DefenseNews

US Army faces flat FY25 budget as personnel costs rise

The U.S. Army’s $185.9 billion fiscal year 2025 budget request increased by just $400 million over the previous year’s request, which would leave the armed service to work within the confines of a almost flat budget while having to address rising military personnel…
Cleantech & EV'sNews

Volvo Cars says its new partner will reduce its EVs' charging time by 30%

Volvo Cars has partnered with Imperial College London spinoff Breathe Battery Technologies to reduce its EVs’ charging time by 30%. Volvo Cars says that integrating London-based battery management software startup Breathe’s tech into Volvo Cars’ in-house developed battery management platform will boost the performance of its EV charging technology. Volvo says Breathe’s software will…
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