NextBigFuture.com

3 of America’s 4 largest bank failures have occurred in the past two months. This has cost FDIC’s deposit insurance fund ~$35 billion. The fund started the year with about $125 billion. $20 billion for Silicon Valley (mainly bailing out uninsured depositors) $2.5 billion for Signature $13 billion for First Republic By many measures, this ... Read more

In Q1 2023, there were 10,506 EV Pickup Trucks sold in the United States. The Rivian R1T (below, $73,000 starting price and add $1800 destination charge) is the leader with 6,213 sales and Ford F150 Lightning sold 4,291 (above, $60,000 starting price for the pro). The Tesla Cybertruck will have a first delivery day event ... Read more

Tesla Model X vs Rivian R1S and BMW IX

SpaceX is making water-cooled steel plate for launching and landing the two stages of the SpaceX Super Heavy Starship. The launch and landing pad challenges for the moon and Mars are far less than for the Earth. For the Moon, NASA has awarded a lunar landing pad contract to ICON. From the lab to the ... Read more

Geneva, Switzerland, May 2nd, 2023, Chainwire The TRON DAO team was in full force at Consensus 2023 in Austin, TX from April 26 to 28, 2023. TRON was a “5 Blocks” sponsor this year, offering the highest tier of support. The quote, “I like to say I live in Austin, Texas because I can live ... Read more

George Town, BVI, May 2nd, 2023, Chainwire The Nolus DeFi Lease provides up to 150% financing on the initial investment with a lowered margin call risk and access to the underlying leveraged assets. Nolus, an interoperable application on Cosmos, has secured $2.5 million in pre-seed and seed funding to tackle inefficiencies in DeFi money markets. ... Read more

Tesla set a new quarterly record in Q1 2023 for battery electric vehicles (422,875 deliveries), while BYD (264,647) and Volkswagen Group (140,852) were lower than in Q4 2022. VW Group was Q1 2023 was also behind Q3 2022. Overall in Q1 2023 China sales of BEV and Plug in Hybrid were down from Q4 2022. ... Read more

Sunday, April 30 at 8:26 p.m. ET, Falcon Heavy launched the ViaSat-3 Americas mission, delivering the ViaSat-3 Americas, Astranis’s first MicroGEO satellite, and Gravity Space’s GS-1 satellite to a geostationary orbit from Launch Complex 39A (LC-39A) at Kennedy Space Center in Florida. One of the side boosters on this mission previously supported Arabsat-6A, STP-2, COSMO-SkyMed ... Read more

Goldman Sachs Research estimates a $6 billion market (or more) in people-sized-and-shaped robots is achievable in the next 10 to 15 years. Such a market would be able to fill 4% of the projected US manufacturing labor shortage by 2030 and 2% of global elderly care demand by 2035. GS Research has an upside scenario ... Read more

Figure.ai came out of stealth mode to reveal that they are also making a humanoid robot. Figure.ai joins Tesla and the Teslabot, SanctuaryAI humanoid robot tested on over 100 tasks in retail stores, Engineering Arts Ameca robot, Xiaomi’s CyberOne, Agility Robotics Digit and others. The first figure robot will be fully electric, 1.6 meters tall, ... Read more

SpaceX enthusiasts have photos of all of the parts of the steel plates and pipes that will be used to make the water-cooled steel plate. Elon Musk said that SpaceX was working for the past three months to make a water cooled steel plate that will protect the ground and launch site the 33 Raptor ... Read more

There are some Star Trek fans who are disappointed with new Star Trek. This community and any who look back fondly upon Original Star Trek are getting updated computer graphics imaging and rendering of all part of the old Star Trek. Top notch special effects and computer graphics are being used to create a one ... Read more

An Academy award winning Special Effects technology from OTOY is reviving Roddenbery Star Trek. They are working with the Roddenberry estate. OTOY Inc. is the definitive cloud graphics company, pioneering technology that is redefining content creation and delivery for media and entertainment organizations around the world. OTOY’s Academy Award®-winning technology is used by leading visual ... Read more

There is another relatively thorough attempt to analyze SpaceX revenue. Payload Space underestimated Starlink revenue in October 2022 for 2022 at less than $1B and then had to revise up $1.87B. They are still underestimating for 2023 but it is relatively up to date if SpaceX is unable to really scale Starlink monthly dish production ... Read more

GE and SpaceX currently have about the same market valuation of $150 Billion. GE is currently two companies, GE and GE Healthcare. GE is worth about $110 Billion and GE Healthcare about $40 billion. GE Aviation, GE Healthcare, and the combined GE Renewable Energy, GE Power, and GE Digital businesses will become three industry-leading, global, ... Read more

US Navy is planning to lay the keel for the first next-generation Frigate in August 2023. The USS Constellation is the first of twenty planned FFG-62 (was called FFGX) frigates. The U.S. Navy procured the first FFG 62 in FY2020, the next was awarded in April 2021, and the third is planned to be awarded ... Read more

The US Navy DDG(X) program wants next-generation guided-missile destroyers (DDGs) to replace the Navy’s Ticonderoga (CG-47) class Aegis cruisers and older Arleigh Burke (DDG-51) class Aegis destroyers. The US Navy plans to start buying the first DDG(X) in FY2032. The Navy’s proposed FY2024 budget requests $187.4 million in research and development funding for the program. ... Read more

London, UK, April 28th, 2023, Chainwire AmazeWallet has seen a significant increase in the number of miners using their mobile phones to validate transactions on AmazeChain, the app’s proprietary Layer 1 blockchain. The number of users running light nodes to decentralize and secure the network has shot up to over 11,000 during the past week. ... Read more

The US Navy combat laser program is getting stalled with $55 million per year for prototypes but no combat deployment. The US Navy does not want to start spending billions to deploy small numbers of lasers that will probably live up to expectations of effectiveness. When the US Navy says a weapon system is too ... Read more

Abu Dhabi, UAE, April 27th, 2023, Chainwire Venom Foundation has teamed up with DoraHacks, Developer DAO, and Hacken to launch its first-ever virtual hackathon. The event aims to equip developers with all the tools and resources necessary to start building on the Venom blockchain. While registrations begin on the 27th of April 2023, the hackathon ... Read more

The Smithsonian has the original Star Trek Enterprise model. It has been restored by special effects experts from ILM (Industrial Light and Magic). It shows paint details that were not visible from the resolution of old TVs. Adam Savage went and saw it. It was made of wood. The Smithsonian did a great deal of ... Read more

Singapore, Singapore, April 21st, 2023, Chainwire MOOI Network, the blockchain ecosystem designed for game projects, is thrilled to announce the listing of its governance token, $MOOI, on MEXC Global, a prominent cryptocurrency exchange. The listing is scheduled for April 25 at 10:00 UTC and reflects MOOI Network’s commitment to lowering barriers for new users and ... Read more

The SpaceX Super Heavy booster had five engines out as it flew. 4 engines were mostly on one side and this led to an imbalance which became critical during the flip move for stage separation. They were likely trying various thrust vectoring and other adjustments. This was a huge success. Looks like went up to ... Read more

The First Orbital SpaceX Starship did not reach orbit but there was the guaranteed excitement that Elon promised. The rocket did lift off and flew for two to three minutes before it lost control and blew up. SpaceX likely triggered a self destruct. It reached about three times the speed of sound and about 39 ... Read more

Taiwan, Taiwan, April 20th, 2023, Chainwire Decentralized Perpetual Exchange PairEx Announces Beta Trading Competition with Up to 8,888 USD ARB & PEX Tokens PairEx.io, a decentralized perpetual exchange built on the Arbitrum network, is excited to announce its beta trading competition with a prize pool of up to 8,888 USD equivalent in ARB and PEX ... Read more

RedPajama is a project to create a set of leading, fully open-source models. Today, they announced the completion of the first step of this project: the reproduction of the LLaMA training dataset of over 1.2 trillion tokens. AI is having its Linux moment. Stable Diffusion showed that open-source can not only rival the quality of ... Read more

Tesla released its first quarter 2023 financial report and had 19.3% auto gross margin. Energy storage increased to 3.9 Gigawatt hours which is about 1000 megapacks in a quarter. The Energy revenue increased to $1.5 billion in the quarter. Tesla’s near-term pricing strategy means having less current profits for more a long-term profits given the ... Read more

Facebook allowed users’ personal data to be shared with third parties (like Cambridge Analytica) and there is now a legal settlement for $725 million. You and about 200 million other Americans can get a piece of that settlement. If almost everyone who is a US user of Facebook applies then each applicant will get about ... Read more

Seattle, United States, April 19th, 2023, Chainwire Space and Time and Microsoft announce that developers can now deploy the Space and Time data warehouse directly from the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. The one-click deployment provides customers with an accelerated on-ramp to easily access, manage and ... Read more

London, UK, April 19th, 2023, Chainwire After selling out their $16.4m presale, Metacade is now set to list its token MCADE on the well-known centralised exchange BitMart, which boasts over 9 million users. The listing is scheduled to take place on Friday, 20th April, 9 am UTC, at which point registered users of BitMart will ... Read more

Central, Singapore, April 19th, 2023, Chainwire HeartX, an artwork marketplace and community platform, just announced that its app product starts the Close Beta Test today. It’s available now on both App Store and HeartX official website, but only people with the limited invitation code can register as community members and start earning by voting. The Close ... Read more

ChatGPT, GPT-4 are Large Language Models (LLM). There are four major aspects of LLMs pre-training, adaptation tuning, utilization, and capacity evaluation. Here is one of the new summaries of the available resources for developing LLMs and issues for future directions. Chain-of-Thought (CoT) is an improved prompting strategy to boost the performance of LLMs on complex ... Read more

Researchers have created spiking neural nets with thousands of memristors (that mimic how neurons operate) by using atomically thin layer of material. Spiking neural networks should be better than regular neural networks where there is the need for intelligence to react to real-time inputs. Regular neural networks are better for more static information. Exploiting the ... Read more

The US has adjusted its list of which car models and companies get the full $7500 EV tax credit. Kia, Hyundai, GM and VW lost the $7500 US EV Tax Credits (until they adjust their car batteries sourcing and other issues). They can still sell their EV car models but they cost about 10-20% more ... Read more

The SpaceX Starship launch has been scrubbed due to Stage 1 pressurization issue. There will be a minimum of 48 hours until the launch can be attempted again. Elon said SpaceX learned a lot today and they are offloading the propellant. Learned a lot today, now offloading propellant, retrying in a few days … — ... Read more

PG&E, Southern California Edison and San Diego Gas & Electric, the three major California utilities whose services include electricity, have filed a joint proposal so that customers will be force to pay up to $92 every month fixed charge even if no energy is used. Here’s how the fixed charges would work in the PG&E ... Read more

Martial Art Legence and Philosopher, Bruce Lee, famously said, I fear not the man who has practiced 10,000 kicks once, but I fear the man who has practiced one kick 10,000 times. Many now fear the AI, ChatGPT-4. ChatGPT grew from the original task of guessing the next word in a sentence, but it has ... Read more

Nvidia is working with many companies and research institutions to apply AI to medicine and biotechnology. Nvidia has the Monai Model Zoo (Medical Open Network for AI Imaging models) hosts a collection of medical imaging models in the MONAI Bundle format. MONAI is an open-source project. It is built on top of PyTorch and is ... Read more

Many forecasters, like Peter Zeihan, were predicting economic disaster, disruption and shortages from the Russia-Ukraine war. The over $1 trillion semiconductor chip industry would be wrecked from a shortage of neon gas. 70% of the gas is made by Ukraine and Russia. The prices did shoot up but now have come back down and semiconductor ... Read more

Toronto, Canada, April 14th, 2023, Chainwire Conflux, the only regulatory-compliant blockchain in China, has proposed deploying Uniswap v3 on its network alongside CNH (offshore Chinese Yuan) stable currency, and joining the Curve Wars with its mainnet token CFX bridged to Ethereum mainnet, known as eCFX. This proposal comes after Binance’s announcement that it will support ... Read more

Singapore, Singapore, April 14th, 2023, Chainwire HashKey Group, a leading digital asset financial services provider in Asia, is pleased to announce the upgrade of its Over-the-Counter (“OTC”) trading business, as well as the launch of a new wealth management business line, HashKey Wealth. Since its inception, HashKey Group has always been committed to provide its ... Read more

AI is accelerating computer hardware improvement and software improvement. This was the core of the case for the Technological Singularity. AI is also accelerating the improvement speed of science. AI technology that enables the faster improvement of AI. ChatGPT, CoPilot and other Generative AI improves programming productivity by ten times. Nvidia accelerates Computational Lithography by ... Read more

Jason Calcanis talks about the new thing this week, AutoGPT, in the AI transformation. Autocomplete coding makes programmers 5-10X productivity. A programmer replicated the Floppy Bird game in one hour. Describing the anxiety and pain points for artists and other jobs that are immediately at risk. Prompt Engineering – Making the Right Wishes of the ... Read more

Emergent capabilities are abilities that are not present in smaller models but are present in larger models. This is discussed in the video below by Jason Wei, a Google AI researcher. I had a prior article that discussed the summary from Alan Thompson on what capabilities emerged at what point for the large language models. ... Read more

The Russian-Ukraine has mainly become a war of attrition. The questions for such a war are which side has more endurance and can either side make breakthroughs that accelerate the collapse of the opponent. Russia and Ukraine will both attempt knockout blows and major offensives in this Spring and Summer. If there is no knockout ... Read more

AutoGPT is part of a wave of multi-step ChatGPT systems that can handle more complicated tasks and planning. AutoGPT is the top trending hashtag on Twitter and the most active in Github. Planning, memory and scaling were the main things missing from making ChatGPT-4 into an AGI. These are primitive AGI but rapid improvement will ... Read more

More accurate counts of tanks in Russian storage tell us when Russia’s ability to replace destroyed tanks will drop. This will be a further drop in Russia’s military capability. The other key take away is that traditional military assessment sources like the International Institute for Strategic Studies (British research institute) are likely less accurate than ... Read more

I, Brian Wang, had a greath talk with Warren Redlich about Tesla production and deliveries in 2023, the future of Model 3 and Model Y, Cybertruck Semi, the next-generation vehicle platform, megapack and more. I think Tesla will trend to 90% of actual production capacity (production being demonstrated sustained over weeks. In Q1 2023, Tesla ... Read more

Singapore, Singapore, April 12th, 2023, Chainwire Famed Developers of Iconic Game Franchises, Mega Man and Tekken to Serve as Inaugural Legends DAO Partners with Their Original IPs, BEASTROID and BRAIN FIGHTER, on a New Platform Minnapad, a create-to-earn DAO launchpad and NFT marketplace that provides access to renowned Japanese creators, announced the first two DAOs ... Read more