Siemens Energy will supply 119 gas turbine cores to mobile power systems across the United States, adding more than 1.7 gigawatts of planned generation capacity as data center and industrial power demand continues to rise. The multi-year contract with Dynamis Power Solutions covers SGT-400 gas turbine cores, each capable of producing approximately 15 megawatts. Delivery … Read more
Face palm: The iPhone Duo was announced earlier this month after years of leaks, rumors and speculation and is expected to go on sale next month. However, Foxconn, the contract manufacturer responsible for producing the device, is reportedly facing severe production constraints that could limit early production. According to an unnamed insider quoted by Chinese … Read more
A Virginia-based company will develop next-generation air-breathing engines for the U.S. Army. With this, Northrop Grumman aims to meet the growing challenges of detecting and combating unmanned aerial systems at greater distances. The company will develop and integrate solid-fuel ramjet propulsion technology for integration into XRC missile prototypes under this $18.8 million contract with the … Read more
Walapay Inc., a global payments infrastructure company that uses stablecoins for account issuance and payouts, today announced that it has raised $4.6 million in a seed round led by Generative Ventures to offer global payments to local businesses. Commerce Ventures, Rally Cap VC, Polygon, Verda Ventures, NGC Ventures, FGV Capital, Digital Finance Group, Knollwood and … Read more
The takeaway: John Ternus took over as Apple’s CEO in early September, and a recent report hints at how his reign may differ from Tim Cook’s. The new CEO reportedly wants to reduce headcount, generate more revenue from services and change the company’s traditional hardware release cycle. Sources have informed Bloomberg that Apple may move … Read more
A team of aerospace engineering students from Texas A&M University have built a 50-pound drone that can carry 110 pounds over four nautical miles, demonstrating a lightweight design at the Defense Advanced Research Projects Agency’s (DARPA) first Lift Challenge. Under the direction of Dr. Moble Benedict, professor of aerospace engineering, the Advanced Vertical Flight Laboratory … Read more
An agent gateway extends identity security beyond deciding who gets through the front door to controlling what autonomous AI agents do once inside. By standing in the way of attempted actions, the gateway can force authorization decisions at runtime. Okta Inc. recently launched an AI agent runtime gateway as part of its broader approach to … Read more
Crystal ball: ASML is the only company that produces the EUV lithography machines needed to produce the world’s most advanced chips. Its CEO, Christophe Fouquet, says the AI boom will last 10 to 15 years and that we are only seeing the tip of the iceberg. Meeting this demand will depend on better optics, vertical … Read more
The Pentagon has awarded Boeing a $20 billion contract to build the U.S. Navy’s next-generation F/A-XX fighter, officials announced Tuesday. The sixth-generation aircraft will replace the Navy’s F/A-18 Super Hornet fleet beginning in the 2030s as part of the Next Generation Air Dominance program. The carrier-based fighter is being developed to increase the range and … Read more
Through the mirror: In a stunning blog post published this week, tech entrepreneur and virtual reality pioneer Eric Gullichsen claimed that Nvidia owes him around $1 billion in shares due to a gross miscalculation more than 30 years ago. Gullichsen was a member of Nvidia’s technical advisory board from September 1993 to April 1996. According … Read more