Lifeboat Foundation

And potentially very embarrassing for all of crypto.

The trial of Sam Bankman-Fried is likely to be more consequential than just whether the man himself is found guilty. Depending on what evidence is introduced during the trial, it could be rough for the entire crypto industry.

“How much damage can this trial do to the already beaten-down reputation of the industry at this point?” asks Yesha Yadav, a law professor at Vanderbilt University. “This trial is going to be an excruciating moment for the industry because no one knows what kind of evidence might come out.”

Continue reading “The FTX trial is bigger than Sam Bankman-Fried” »

Material used in organic solar cells can also be used as light sensors in electronics. This has been shown by researchers at Linköping University, Sweden, who have developed a type of sensor able to detect circularly polarized red light. Their study, published in Nature Photonics, paves the way for more reliable self-driving vehicles and other uses where night vision is important.

Some beetles with shiny wings, firefly larvae and colorful mantis shrimps reflect a particular kind of light known as circularly polarized light. This is due to microscopic structures in their shell that reflect the electromagnetic light waves in a particular way.

Circularly polarized light also has many technical uses, such as satellite communication, bioimaging and other sensing technologies. This is because circularly polarizing light carries a vast amount of information, due to the fact that the electromagnetic field around the light beam spirals either to the right or to the left.

The first Tesla Supercharger station with a “Magic Dock” to allow non-Tesla electric cars to charge has been spotted in the US.

After opening its Supercharger network in Europe last year and indicating that it would do the same in North America by the end of the year, we were a bit disappointed when it didn’t happen.

However, we know that it is still imminent. It could really happen any day, or it might have already happened by way of a “soft launch.”

FedEx handles over 15 million packages daily. A two-armed, AI-infused robot is now helping pack some of them into delivery trucks with expert care.

Dubai roads to have driverless taxis soon.

By Afreen Shaikh

Surf Air Mobility Inc., a Southern California aerospace company devoted to developing regional air travel through the power of electrification, has placed an order for 20 Cessna Grand Caravan EX aircraft.

The Cessna Grand Caravan EX is designed and manufactured by Textron Aviation, a Textron Inc. (NYSE: TXT) company.

According to Textron, Surf Air Mobility has paid the deposit for the first of 100 aircraft with the option for an additional 50. The deliveries of the aircraft are expected to begin in the first half of 2024.

The automotive industry as a whole is experiencing a significant transformation driven by artificial intelligence. AI tech is increasingly integrated into vehicles to enhance safety, efficiency, and the overall driving experience. From advanced driver-assistance systems (ADAS) that provide features like adaptive cruise control and lane-keeping assist to autonomous driving capabilities, AI is at the forefront of automotive innovation. Now, BMW has found yet another way to implement the new tech.

The German manufacturer wants to take the next step in customer service with its latest offering, Proactive Care that blends data and artificial intelligence. This new service empowers BMW vehicles to autonomously identify existing and predictable service requirements, enabling them to proactively anticipate customer needs and offer timely solutions. The initial applications are now live and the automaker plans continuous enhancements for the future.

The European Commission will launch an anti-subsidy investigation against Chinese automakers, which may result in higher import duties on electric vehicles.

The boom has finally been lowered on Chinese electric-vehicle companies. On September 13, European Commission president Ursula von der Leyen used her State of the Union speech to announce that the organization is launching an “anti-subsidy investigation into electric vehicles coming from China.”

The move—which could have serious ramifications for global automakers—has long been in the making.

Tesla is reportedly increasing the orders for its Dojo D1 supercomputer chips. The D1 is a custom Tesla application-specific integrated circuit (ASIC) that’s designed for the Dojo supercomputer, and it is reportedly ordered from Taiwan Semiconductor Manufacturing Company (TSMC).

Citing a source reportedly familiar with the matter, Taiwanese publication Economic Daily noted that Tesla will be doubling its Dojo D1 chip to 10,000 units for the coming year. Considering the Dojo supercomputer’s scalability, expectations are high that the volume of D1 chip orders from TSMC will continue to increase until 2025.

Dojo, after all, is expected to be used by Tesla for the training of its driver-assist systems and self-driving AI models. With the rollout of projects like FSD, the dedicated robotaxi, and Optimus, Dojo’s contributions to the company’s operations would likely be more substantial.