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THE DAILY INDEX

Technology, AI, software, security, crypto and business

Across today’s newsletters

Today’s Index

THE LIFECYCLE OF A CODE AI COMPLETION

Code completion tools provide background LLMs with the right context, such as related files and code snippets from the project. This process, known as retrieval augmented generation (RAG), helps guide LLMs to produce more accurate code completions. Sourcegraph's team has detailed the engineering optimizations they implemented to improve code suggestion quality and speed with Cody autocomplete. For example, they found that including whitespace at the end of prompts causes significantly worse responses.

HOYA’S OPTICS PRODUCTION AND ORDERS DISRUPTED BY CYBERATTACK

Japanese optical product manufacturer Hoya Corporation announced that it is working to restore systems at some production plants following a cyberattack. The incident prompted Hoya to isolate servers, impacting IT systems at its headquarters and business divisions. The company has engaged forensic investigators and notified relevant authorities as it investigates and responds to the attack, which caused system failures across its operations.

COINBASE CLEARED IN LAWSUIT OVER CRYPTO TRANSACTIONS

The U.S. Court of Appeals for the Second Circuit confirmed that Coinbase did not violate the Securities Exchange Act by engaging in secondary sales of cryptocurrencies. This case was related to a lawsuit from Coinbase users accusing the platform of selling unregistered securities and violating related laws – not the recent SEC case alleging they are an unlicensed securities exchange and brokerage. The court ruled that without a contract that can be rescinded, there is no Exchange Act violation, meaning trading cryptocurrencies on Coinbase does not constitute securities trading.

TESLA IS UNVEILING ITS NEW ‘ROBOTAXI’ ON AUGUST 8

Tesla is planning to unveil its next-generation self-driving robotaxi vehicle on August 8. The announcement appears to be an acceleration of the robotaxi program, which aims to design a vehicle optimized from the ground up for driverless ridesharing. Some Tesla owners are concerned with the project as it could result in Tesla focusing on achieving self-driving on new hardware rather than on its existing vehicle fleet as promised and sold to customers for years. A picture of an early design prototype is available in the article.

MUSK OUTLINES PLANS TO INCREASE STARSHIP LAUNCH RATE AND PERFORMANCE

The fourth SpaceX Starship/Super Heavy launch may be in the next month or so. Its goal will be to get Starship's upper stage to get through the high heating regime of reentry and make a controlled splat into the ocean. SpaceX aims to bring the Super Heavy booster back intact, having it land on a virtual tower in the Gulf of Mexico. It could attempt to land a Starship booster on the real tower as soon as the vehicle's fifth flight. The company is working to accelerate production of Starship vehicles to support higher flight rates and increase payload capacity.

SCIENTISTS ARE DEEP-FREEZING CORALS TO REPOPULATE THE OCEAN

Coral reefs are degrading at an unprecedented rate due to pollution, overfishing, and destructive forestry and mining practices on land. Most corals could go extinct within a few generations. The Smithsonian’s National Zoo and Conservation Biology Institute's Reef Recovery Initiative aims to help save coral reefs using cryopreservation, a novel approach that involves storing and cooling coral sperm and larvae at very low temperatures and holding them in government biorepositories. The frozen assets can be used to help reseed the oceans and restore living reefs even 100 years from now. Cryopreserved sperm has already been used to produce new coral across the Caribbean.

HYPERSONIC STARTUP UNVEILS ITS FIRST AIRCRAFT

Hermeus, a company that is attempting to build hypersonic aircraft with jet engines that would allow them to take off from runways like traditional planes, has unveiled a flying prototype to demonstrate high-speed takeoff and landing. The Mk 1 is an uncrewed, remotely piloted plane that will allow Hermeus to conduct a comprehensive evaluation of the aircraft's performance and examine the effectiveness of the company's test procedures, safety culture, and interdisciplinary team collaboration. The company's next prototype is expected to demonstrate supersonic flight in 2025. A video featuring the Mk 1 is available in the article.

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