AI & RoboticsNews

Niloom.AI launches one-stop generative AI content creation platform for spatial computing

June 19, 2024
Niloom.ai has launched today the beta test for its generative AI content creation platform for spatial computing. Niloom.ai is a comprehensive platform that harnesses GenAI within the spatial computing ecosystem to create, prototype, edit and instantly publish sophisticated AR/VR content at a fraction of the time and cost, said Niloom.ai CEO Amir Baradaran, in an interview with…
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DefenseNews

Europe's Artillery Rocket System: A Tense Race for the Future

June 19, 2024
PARIS — Tensions are running high in the race to decide Europe’s artillery rocket system of choice, with Germany emerging as a decisive player in a race between teams Rheinmetall-Lockheed Martin and Elbit-KNDS. On the opening day of the Eurosatory trade show here, all eyes were on the German-American duo, which have paired up to offer a European-made rocket launcher based on Lockheed’s High…
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Cleantech & EV'sNews

GM's Wuling teases new Starlight S electric SUV to compete with BYD, Tesla

June 19, 2024
A new electric SUV is primed to take on BYD and Tesla in China. GM’s joint venture, SAIC-GM-Wuling, unveiled the first teaser images of its new Starlight S electric SUV Monday. Check out the first images below. GM’s Wuling previews new electric SUV The new electric SUV is the second model under the Wuling Silver Label. SAIC-GM-Wuling is a joint venture between China’s SAIC (50.1% owner) and…
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CryptoNews

SEC's Crypto Enforcement Chief Departs After 9 Years

June 19, 2024
The head of the Crypto Asset and Cyber Unit at the U.S. Securities and Exchange Commission (SEC)’s Division of Enforcement has left the agency after nine years of service. Under his guidance, the SEC took many enforcement actions against crypto firms, including major…
CryptoNews

Financial Stability Board Emphasizes Need for Global Crypto Regulation to Prevent Arbitrage

June 19, 2024
The Financial Stability Board (FSB) Plenary met in Toronto on June 14 to discuss various financial stability issues. Key topics included the financial stability outlook, lessons from the March 2023 banking turmoil, and enhancing the resilience of non-bank financial intermediation (NBFI). The FSB also reviewed progress on implementing its global regulatory framework for crypto asset activities.
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