Bitcoin could reach $3 million, according to asset manager Vaneck, with a model showing its potential as a reserve asset held by global central banks.
Bitcoin as Central Bank Asset? The $3M Target Driving Big Conversations
Matthew Sigel, head of digital assets research at asset management firm Vaneck, analyzed bitcoin’s recent rise in an interview with CNBC last week on CNBC, pointing to the…
A UK pension scheme has allocated 3% of its portfolio to bitcoin, marking a groundbreaking move aimed at diversification and potential long-term growth amid economic challenges.
Rethinking Retirement: Bitcoin’s Intriguing New Role in UK Pension Schemes
Cartwright, a…
The show’s not over: 2024 sees big boost to AI investment
November 4, 2024
Global AI deal volumes reached 1,245 during Q3 2024, a level not seen since Q1 2022 reflecting how confident and resilient investors are about investing in AI.
With a 24% year-over-year growth, global AI deals far outpaced the -10 % quarter-over-quarter (QoQ) declines across…
AI on your smartphone? Hugging Face’s SmolLM2 brings powerful models to the palm of your hand
November 4, 2024
Hugging Face today has released SmolLM2, a new family of compact language models that achieve impressive performance while requiring far fewer computational resources than their larger counterparts.
The new models, released under the Apache 2.0 license, come in three sizes — 135M, 360M and 1.7B parameters — making them suitable for deployment on smartphones and other edge devices where…
Why multi-agent AI tackles complexities LLMs can’t
November 4, 2024
The introduction of ChatGPT has brought large language models (LLMs) into widespread use across both tech and non-tech industries. This popularity is primarily due to two factors:
LLMs as a knowledge storehouse: LLMs are trained on a vast amount of internet data and are…
The Army’s 1st Multi-Domain Task Force has used a small number of Kraus Hamdani Aerospace K1000 Ultra Long-Endurance, solar-powered unmanned aircraft system across the Pacific theater in places like the Philippines and Guam in recent years. Now the Pentagon has ordered $20…
Italian Navy tasks Fincantieri to design drone-laden warships
November 4, 2024
ROME — The Italian Navy’s is planning for a future in which swarms of airborne, surface and undersea drones will deploy from its ships and has challenged shipyard Fincantieri to build and adapt vessels which are ready for the task.
“We expect new navy vessels in ten years will be using a large number of drones and we want to be prepared,” said Capt. Gianluca Marcilli, who heads the…
The upcoming B-21 Raider stealth bomber could end up having a larger role in the Air Force’s plans for future air dominance, as the service rethinks its plans for an advanced sixth-generation fighter.
“We have not taken that off the table,” Air Force Chief of Staff…
Tesla has launched its new Powerwall 3 expansion units that can slash installation times by roughly half. We reported on Tesla’s plan for this new unit back in April.
As we previously reported, the main difference between Powerwall 3 and its previous version is its power…
Volkswagen to shut EV factory in Brussels
November 4, 2024
Just days after Volkswagen announced plans to shut down three factories in Germany—a first in the company’s history—the automaker has now confirmed the closure of its Audi plant in Brussels, where it produces the Audi Q8 E-Tron. This closure is scheduled for February 28, 2025.
In September, Audi, a Volkswagen subsidiary, had already signaled intentions to halt production of the Q8 E-Tron…
