The House Committee on Transportation and Infrastructure has raised concerns over the slow pace at which the Department of Transportation (DOT) is distributing Infrastructure Investment and Jobs Act (IIJA) funds. Despite receiving over $364 billion since the enactment of IIJA, the DOT has only obligated a little over half of the funds and outlaid a
Innovation
In a recent announcement, AdEx declared the launch of its updated platform, positioning itself as a key tool for Web3 advertisers seeking to engage with a wider Web2 audience. This strategic move comes with a myriad of technological advancements, such as the integration of Artificial Intelligence (AI) and Zero-Knowledge (ZK) privacy protocols. These updates aim
A new report by AlixPartners suggests that Chinese automakers are on track to capture a significant portion of the global automotive market share by 2030. The report projects that Chinese automakers will hold 33% of the market share by the end of the decade, a substantial increase from their current 21% share. This growth is
Morgan Stanley, a major player in the financial industry, is making significant strides in the adoption of artificial intelligence. The introduction of their new AI assistant, Debrief, is set to revolutionize the way financial advisors operate. By automating tasks that would typically require hours of manual labor, Debrief is expected to enhance the efficiency and
The increasing electricity demand from corporate America, especially Big Tech companies, coupled with the retirement of coal plants throughout the United States, is paving the way for a significant opportunity for renewable energy, as stated by UBS. This convergence of trends indicates that the U.S. will require an additional 850 terawatt hours of annual generation
Target, the Minneapolis-based discount retailer, has made a significant move to enhance its online marketplace by partnering with Shopify. This collaboration aims to bring new and trendier brands to Target’s website, allowing smaller or up-and-coming businesses using the Shopify platform to join Target Plus, the retailer’s third-party marketplace. This strategic alliance is expected to benefit
In a recent analysis conducted by the esteemed cryptocurrency research firm Messari, the Nervos Network (CKB) has emerged as a key player in revolutionizing Bitcoin’s technological infrastructure. The report delves into how Nervos utilizes its innovative Layer-1 blockchain and RGB++ protocol to tackle critical scalability and programmability issues within the Bitcoin ecosystem. According to Messari’s
The recent passing of the Accelerating Deployment of Versatile, Advanced Nuclear for Clean Energy Act in the U.S. Senate has sparked discussions about the future of nuclear power production in the country. With bipartisan support, this legislation is set to encourage innovation and investment in nuclear technologies within the United States. It aims to streamline
SynFutures, a prominent DeFi derivatives protocol, has recently announced its plans to broaden its reach by joining Base, Coinbase’s L2 network. This strategic move aims to enhance trading opportunities for users and support the growth of emerging token projects. The expansion to Base is part of SynFutures’ multichain strategy for V3, following its success on
The recent approval by the Food and Drug Administration of Merck’s new vaccine, Capvaxive, marks a significant milestone in the fight against pneumococcal disease in adults. This groundbreaking vaccine is specifically designed to protect individuals from a bacteria known as pneumococcus, which can lead to serious illnesses such as pneumonia. In this article, we will