Microsoft AI released two new in-house models into public preview on Wednesday — MAI-Image-2.5-Pro, its highest-fidelity image generator to date, and MAI-Voice-2-Flash, a speech model built for high-volume enterprise workloads — while publishing production data that amounts to the company’s most aggressive argument yet that it can power its own products without leaning on OpenAI’s…
The Brent crude oil price climbed to a six-week high near $96 on Thursday after Iran-backed Houthi forces struck two Saudi tankers in the Red Sea. The attacks pose a second threat to global supply beyond the Strait of Hormuz. Brent has gained more than 10% this week after a 17.35% surge last week. The…
AMD is challenging its chipmaker rival with a new rack-scale system that will start shipping to customers later this year. Source: techcrunch.com Read Full Story
Smarter Web sold 177.89 Bitcoin to repay an $11.7 million convertible instrument that could have produced 7.72 million new shares. The July 23 repayment disclosure said the UK-listed Bitcoin treasury company completed the sale at an average price of $65,762 about two weeks before the instrument’s maturity. Each share ended the transaction with less Bitcoin….
Designing and developing a new medicine is an expensive, failure-prone scientific challenge. A new drug can take many years to develop, at the cost of a significant investment. And even then, most possible candidates never reach the patient. For biologic medicines, therapies made from engineered proteins rather than synthetic chemistry (which are often used to…
The Smarter Web Company sold 177.89 BTC at $65,762 to repay $11.7 million to TOBAM early, cancelling 7.7 million in potential share issuance. Source: www.theblock.co Read Full Story
He said demand for bullion continues to broaden, led by central banks that have been adding to their reserves alongside growing private-sector interest. Source: www.cnbc.com Read Full Story
The company’s “Everything Exchange” is heading north. No launch date set yet, but the Coinbase Canada CEO says phase two for the company is in motion. Source: decrypt.co Read Full Story
As Chinese AI models grow in capability and popularity among U.S. companies, the arguing over what should be done about them has reached a fever pitch. Source: techcrunch.com Read Full Story
BIS says that FX restrictions and capital controls are less effective against stablecoins than against foreign currency bank deposits. Source: www.theblock.co Read Full Story