Search results for Maryland
AI & Enterprise
Palantir CEO says AI gives West decisive edge in Middle East war
Palantir CEO Alex Karp says artificial intelligence is giving the West a decisive edge in the Middle East war. Speaking at Palantir AIPCon 9 in Maryland, he says AI is boosting the warfighting capabilities of the United States and its allies. Palantir provides technology that integrates combat data for coordinated operations. Its Project Maven uses satellite imagery for battlefield analysis. Palantir has also reported rapid growth in its U.S. commercial business.
Crypto
U.S. senator says CLARITY bill will make everyone a bit uncomfortable, compromise unavoidable
A U.S. senator warns the CLARITY bill to overhaul digital asset regulation will make both banks and the crypto industry uncomfortable, as reducing uncertainty requires balancing competing interests. Banks are concerned about fund outflows into stablecoins and digital assets, with some estimates projecting $500 billion could leave banks by 2028. The SEC and CFTC have also announced a cooperation framework under Project Crypto covering asset classification, alternative compliance models and data regulation reform.
Industry
Ion Storage Systems passes first commercial validation for solid-state battery in U.S.
U.S. battery technology company Ion Storage Systems said its solid-state battery product, the Cornerstone Cell, has passed a customer performance validation. An electric-vehicle outlet reported the company called it the first such customer validation among U.S. solid-state battery firms. Ion is focusing first on industrial equipment and consumer electronics rather than electric vehicles. Production is set for a plant in Beltsville, Maryland, with a new sintering furnace planned for 2026.
