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THE DAILY INDEX

Technology, AI, software, security, crypto and business

Across today’s newsletters

Today’s Index

ELON MUSK’S BOLD CLAIM: TESLA’S ROADSTER TO HIT 0-60 MPH IN LESS THAN ONE SECOND

Elon Musk claims that the Tesla Roadster, which he plans to unveil by the end of 2024, can accelerate from 0 to 60 mph in less than a second. The current record holder for a production car's fastest 0-60 mph is the Dodge Challenger SRT Demon 170, which can do it in 1.66 seconds. If Musk's claims are true, the Tesla Roadster will be faster than the speed of sound. Tesla aims to ship the car in 2025, four years after its original 2020 target.

MORGAN STANLEY EVALUATING SPOT BITCOIN ETFS FOR ITS GIANT BROKERAGE PLATFORM

Morgan Stanley might become the next major institution to offer spot bitcoin ETF products. Recognizing the potential benefits of including cryptocurrency-based products in investors' portfolios, Morgan Stanley's move follows the SEC's approval of spot bitcoin ETFs in January and the overwhelming demand for those products since they rolled out. The entry of large broker-dealer platforms into this investment space could significantly accelerate inflows into these newly introduced products.

TIM COOK SAYS APPLE WILL ‘BREAK NEW GROUND’ IN GENAI THIS YEAR

Apple CEO Tim Cook announced that the company will make significant strides in General AI technology in the coming year. The company is refocusing its resources as it closes out its electric vehicle project. It plans to enhance products like Siri and iOS features with GenAI models, aiming for more sophisticated capabilities. Apple has been cautious in its GenAI developments, but it is starting to increase its presence in GenAI research and open-source contributions.

ADOBE’S NEW PROTOTYPE GENERATIVE AI TOOL IS THE ‘PHOTOSHOP’ OF MUSIC-MAKING AND EDITING

Adobe's Project Music GenAI Control is a prototype tool that allows users to generate and edit music using text prompts. It has controls for customizing results and remixing sections of audio. The tool can generate audio based on a reference melody and extend the length of audio clips. It is unclear whether the tool will allow uploads of any audio as reference material or how long clips can be extended for. The tool isn't available to the public yet and no release date has been announced.

VARDA CAPSULE REENTRY - FIVE MINUTES FROM LEO TO EARTH (6 MINUTE VIDEO)

Varda Space Industries' W-1 spacecraft successfully landed in Utah on February 21. This was the first time a commercial company landed a spacecraft on US soil. The spacecraft reentered the Earth's atmosphere at speeds over Mach 25 before safely deploying its parachute and landing. Varda has released a video from a camera onboard the W-1 spacecraft showing it orbiting the Earth in low-Earth orbit, smoothly separating from Rocket Lab's satellite bus, and then reentering Earth's atmosphere.

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