AI & RoboticsNews

Oumi: The Open-Source AI for the Success of DeepSeek-R1

January 31, 2025
If it wasn’t clear before, it’s definitely very clear now: Open source really does matter for AI. The success of DeepSeek-R1 has substantively proven there is a need and demand for open-source AI. But what exactly is open-source AI? For Meta and its Llama models, it means free access to use the model, with some conditions. DeepSeek is available under a permissive open-source license…
Read more
DefenseNews

Cummings Aerospace releases its Hellhound for Army competition

January 31, 2025
Huntsville, Alabama-based Cummings Aerospace is readying its Hellhound for submission to the U.S. Army’s loitering munition competition set to kick off later this year, having recently wrapped up flight tests of its turbo-jet powered, 3D-printed kamikaze drone. The company took its S3 version of its man-portable loitering munition out to the Pendleton Unmanned Aircraft Systems test range in…
Read more
Cleantech & EV'sNews

China urges citizens to trade in 'old lithium e-bikes' for newer lead acid electric bikes

January 31, 2025
In what might seem like a headscratcher, China is now urging its citizens to trade in their lithium-ion battery-based electric bikes for newer models with sealed lead-acid batteries (SLAs). Electric bicycles are an incredibly popular form of travel in urban areas in China. An estimated 350 million electric two-wheelers of various forms travel the roads and bike paths in China. Most e-bikes in…
Read more
CryptoNews

USDT0 Launches on Arbitrum With 1:1 Backing, Faster Transfers

January 31, 2025
Tether has upgraded its USDT stablecoin on Arbitrum to USDT0, a cross-chain compatible asset backed 1:1 by Ethereum-based USDT reserves. Tether Transitions Arbitrum USDT to USDT0 Tether says the upgrade automatically converts existing Arbitrum USDT holdings to USDT0 without…
CryptoNews

No Rate Cut: Powell’s Steady Hand Defies Political Pressure; Crypto Gains Amid Equity Retreat

January 31, 2025
Following former President Donald Trump’s declaration that he would “demand” interest rate cuts from the U.S. Federal Reserve, policymakers defied external pressure Wednesday, maintaining the federal funds rate without adjustment. FOMC Monetary Policy Unmoved At its first 2025 gathering on Jan. 29, the Federal Open Market Committee (FOMC) observed that “economic activity has continued to…
Read more