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Star Catcher Industries raises $12.25M to provide energy grid in space for satellites

Star Catcher Industries has raised $12.25 million in seed funding to provide an energy grid in space for satellites. With this funding, the Jacksonville, Florida-based company is positioned to help eliminate power constraints on space operations through the construction of its Star Catcher Network, the world’s first space-based energy grid. Once constructed, the Star Catcher  …

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Quantum Transistors gets $19M award to enable quantum computing on a chip

Quantum Transistors, a developer of advanced quantum processors, has been awarded up to $19 million (€17.5 million) by the European Innovation Council (EIC).  Tel Aviv, Israel-based Quantum Transistors received an initial grant from the EIC Accelerator of $2.7 million combined with a future equity investment of $16.3 million through the EIC Fund. This substantial investment, the largest in the latest EIC  …

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How Chevron is using gen AI to strike oil

How Chevron is using gen AI, digital twins and robots to analyze massive datasets, make predictions and protect workers and the planet. How Chevron is using gen AI, digital twins and robots to analyze massive datasets, make predictions and protect workers and the planet.Read More

AI arms race escalates: OpenAI offers free GPT-4o Mini fine-tuning to counter Meta’s Llama 3.1 release

OpenAI challenges Meta’s Llama 3.1 with free GPT-4o mini fine-tuning, reshaping the AI landscape and intensifying competition in the rapidly evolving artificial intelligence market. OpenAI challenges Meta’s Llama 3.1 with free GPT-4o mini fine-tuning, reshaping the AI landscape and intensifying competition in the rapidly evolving artificial intelligence market.Read More