As the conflict in Gaza and Israel continues, the Israeli Defense Force (IDF) showcased its AI-powered targeting management systems that they said have been active around the clock since the surprise terrorist attack on Israel by Hamas on October 7. The AI-enhanced system, its name translated as “The Gospels,” quickly processes up-to-the-minute intelligence to generate recommendations that human analysts then…
Month: December 2023
Nvidia-Backed Startup Together AI Raises $102.5 Million
Open-source cloud AI startup Together is the latest developer to draw a hefty payday as more and more investors pour money into artificial intelligence, announcing on Wednesday that the company raised $102.5 million in Series A investments—including from technology giant NVIDIA. “I think one of the things that excited investors is our focus on research,” a Together spokesperson told Decrypt.…
Nvidia-Backed Startup Together AI Raises $102.5 Million
Open-source cloud AI startup Together is the latest developer to draw a hefty payday as more and more investors pour money into artificial intelligence, announcing on Wednesday that the company raised $102.5 million in Series A investments—including from technology giant NVIDIA. “I think one of the things that excited investors is our focus on research,” a Together spokesperson told Decrypt.…
The SEC is facing another defeat in its recycled lawsuit against Kraken
The legal duel between the United States Securities and Exchange Commission (SEC) and Kraken, a leading cryptocurrency exchange, looks like another misguided attempt by the SEC to exert control over an industry that fundamentally challenges an outdated regulatory playbook. The agency’s lawsuit, filed in November, accuses Kraken of operating as an unregistered securities exchange. The lawsuit isn’t just a repeat…
Sports And Web3 Collides During Sporting Crypto Social NYC Edition
NYC is famous for being a melting pot of cultures and on a recent memorable night in November, at the Rally Museum, the Sporting Crypto Social NYC edition the vibe was no different. The event by Sporting Crypto, supported by ad agency L+R, brought together the worlds of sports, gaming, tech, and web3. The Rally Museum, with its rare collectibles,…
Is Bitcoin Poised for Another Bull Run? Experts Weigh In
Bitcoin today hit $39,000 per coin for the first time since a brutal digital asset crash in May 2022 that brought with it a long and painful bear market. The virtual coin has since made a terrific comeback: at the start of January, it was trading for less than $17,000 per coin; it is now up 128%. Could this mean…
Jupiter Reveals Airdrop Allocations for Solana DeFi Users
Solana-based decentralized finance (DeFi) aggregator Jupiter commenced its much-anticipated airdrop on Friday—and revealed to users how many of the 4 billion total JUP tokens up for grabs that they can expect to receive. A portal on Jupiter’s website is now live for the platform’s users to connect their wallets and check how much JUP they reaped. It’s not yet clear…
Grayscale: Bitcoin ETF Approval Is a ‘Matter of When, Not If’
Digital asset manager Grayscale continues to say it’s just a matter of time before a Bitcoin ETF is finally approved. That includes the possibility that the digital asset manager will get approval from the U.S. Securities and Exchange Commission to convert its Grayscale Bitcoin Trust (GBTC)—currently an open-ended trust available on the OTCQX Market—into a spot Bitcoin ETF. If converted…
Nayib Bukele steps down as El Salvador’s President ahead of re-election bid
El Salvador President Nayib Bukele, who was behind legislation recognizing Bitcoin (BTC) as legal tender in the country, has stepped down from office to campaign. On Dec. 1, Bukele resigned as the President of El Salvador following approval from the country’s Legislative Assembly, allowing him to take a leave of absence to focus on his 2024 re-election campaign. He was…
Ethereum Gaming NFT Marketplace Aqua Shuts Down Citing Slow Industry Growth
The gaming NFT marketplace Aqua is no more, CEO Sean Ryan announced on Linkedin Friday. The plan was first shared last month, but as of today, it’s official. “At Aqua, we did some things well and some things not as well, but the Web3 gaming market isn’t scaling to a mass market size in a time frame that made sense,”…