Clika, a company specialising in lightweight artificial intelligence model optimisation, said on Aug. 10 it was selected as the sole final winner in the global defence AI technology cooperation programme AI Joint Challenge. The programme is jointly organised by Singapore agencies Cap Vista and FSTD and France’s AMIAD. The challenge seeks AI technologies for operational tasks and converts them into pilot projects. Clika was chosen for AI optimisation enabling deployment under SWaP constraints without performance loss.

U.S. investment adviser Gerber has newly added 12,958 shares of the Franklin XRP spot exchange-traded fund, disclosure filings show. The report comes as other registered investment advisers in the United States also report positions in XRP spot ETFs, including products from Canary, Franklin and ProShares. Data cited in the report show net inflows into XRP spot ETFs on several July dates, while total assets under management are about $683.66 million.