In a modest yet positive development, U.S. spot bitcoin exchange-traded funds (ETFs) saw a net inflow of $39.5 million, even as the ETF ARKB experienced a substantial outflow of $87.5 million. Despite ARKB’s significant outflow surpassing that of GBTC, Grayscale’s Bitcoin Trust also faced a reduction, with approximately $81.9 million being pulled from its funds.
ETF Analyst Eric Balchunas…
Coingecko Report: Meme Coins Eclipse AI and RWA Tokens With Stellar Q1 Performance News Bytes
April 4, 2024
In the first quarter of 2024, meme coins significantly outshone all other cryptocurrency narratives by delivering an astonishing average return of 1312% across its leading tokens, as observed in a report by Coingecko. Among these, the newly launched tokens Brett (BRETT)…
Tigran Gambaryan, the Binance employee detained by Nigerian authorities, is a stringent law enforcement professional with no decision-making authority, according to the crypto exchange. Through his Financial Crime Compliance (FCC) team, Gambaryan has responded to more than…
Read AI, a leader in AI-powered meeting summaries, today announced a $21 million Series A financing round led by Goodwater Capital, with participation from existing investor Madrona Venture Group. The funds will be used to accelerate the company’s mission of building the future of work, where every interaction is enhanced by artificial intelligence.
Along with the funding, Read AI unveiled a new…
Cloudflare makes it simple to deploy AI apps with Hugging Face, launches Workers AI to public
April 3, 2024
Cloudflare is now letting more developers bring their AI applications from Hugging Face onto its platform. In addition, the company has made its serverless GPU-powered inference, known as Workers AI, generally available.
The Cloudflare-Hugging Face integration was announced…
Seattle-based OctoAI has a new offering called OctoStack, designed to help those in the enterprise deploy private generative AI models. Companies can use this “turn-key production platform” in a virtual private cloud or on-premises and will have access to highly…
BYD's premium Denza brand updates, cuts prices of N7 SUV to entice would-be Tesla Model Y buyers
April 3, 2024
A mere eight months after initially launching its N7 SUV in China, BYD sub-brand Denza has followed up with a refreshed version with better technology and significantly lower starting prices. Initially targeting potential Model Y customers, the N7’s sales have yet to reach Denza’s expectations, leading to today’s new demand levers and some new subsidies for switching to the updated…
Tesla has released its Q1 2024 delivery and production numbers: confirming the suspicion that it is not growing anymore.
It’s even worse than most people anticipated.
Tesla Q1 2024 Expectations
As we have been reporting in the last few weeks, the expectations for Tesla’s…
Harley-Davidson’s LiveWire company unveiled its third electric motorcycle in March: the S2 Mulholland. At first glance, the electric cruiser closely resembles the existing LiveWire S2 Del Mar. That’s thanks to the shared Arrow platform fulfilling its purpose of spanning…
NAVAL AIR STATION LEMOORE, Calif. — From the air control tower at the center of the U.S. Navy’s largest jet base, the roar of fighter engines is inescapable.
It’s coming from the rows of F/A-18E/F Super Hornets — and, increasingly, F-35C Joint Strike Fighters — on the flight line, going through routine maintenance before hitting the skies.
It’s also coming from the runway, as jets…
