Deel, a rapidly expanding payroll provider, is making substantial progress with its third acquisition this year. The company announced on a recent Thursday that it has taken over Hofy, a London-based firm providing and managing office equipment for remote-based employees. Deel’s co-founder and CEO, Alex Bouaziz, expressed his enthusiasm on the new acquisition, allowing Deel to strengthen its partnership with Hofy and provide a more seamless experience with Hofy’s unique services.
Firefly Aerospace is currently undergoing significant executive level changes. Following his almost two-years-long tenure as the Chief Executive Officer (CEO), Bill Weber is stepping down from his role at the aerospace company. The news about Weber’s departure from the company that specializes in the production of launch vehicles, lunar landers, and orbital vehicles was revealed during a late Wednesday announcement.
The board at Firefly Aerospace has sprung into action to fill the executive void left by Weber. In the interim, Firefly Aerospace board member Peter Schumacher has been appointed to handle the CEO’s responsibilities. Meanwhile, the establishment of a Transition Committee has been initiated by the company. This committee will provide invaluable support and guidance in the pursuit for the company’s new CEO.
Bill Weber has held several prestigious positions in the aerospace sector. Prior to his role at Firefly Aerospace, Weber led as a CEO at KeyW Corporation, serving U.S. defense and intelligence customers with intelligence and analytics solutions. Furthermore, Weber has brought his seasoned leadership to XLA, fulfilling the role of the president at the government services firm.
SpaceX has an ambitious plan to retire the International Space Station. The tech giant will employ a super-powered Dragon capsule to safely deorbit the space station. This mighty task will be executed with a highly customised spacecraft, augmenting the traditional design of the Dragon capsule currently utilized for astronaut and cargo transport to orbit. The company unveiled their ambitious move in a Wednesday announcement.
SpaceX emerged victorious in the bid to develop the United States Deorbit Vehicle (USDV), a contract that saw a total of $843 million funded by NASA. This mammoth responsibility will see the end of the International Space Station at the close of this decade. NASA bestowed the contract to SpaceX principally due to its extensive use of flight-tested hardware, as recounted on a Tuesday published source selection statement.
The selection of SpaceX as the developer of US Deorbit Vehicle (USDV) was a competitive process. Northrop Grumman was also in the running, but NASA chose SpaceX because the company’s design extensively leverages flight-tested hardware. This key differentiating factor was made known in a source selection statement published by NASA on Tuesday.
In the realm of generative Artificial Intelligence, a new revolution is looming on the horizon. The transformer, a form of AI that held the reins for several years, may soon yield to new architectures. Transformers are fundamental elements underlying the video-generating model, Sora developed by OpenAI, and mark the core of text-generating models such as Anthropic’s Claude, Google’s Gemini and GPT-4o.
A recent proposition put forth by renowned researchers at Stanford, UC San Diego, UC Berkeley, and Meta might potentially transform the generative AI field. Called ‘Test-Time Training’ (TTT), this groundbreaking architecture has been developed over the course of one and a half years. The TTT model might just be the innovative leap to spearhead the next phase of progress in generative AI.