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THE DAILY INDEX

Technology, AI, software, security, crypto and business

Across today’s newsletters

Today’s Index

VANGUARD FILES FOR SPECIALIZED FUNDS TRUST, DEFINES DIFFERENT CRYPTO ASSET TYPES

Vanguard's Specialized Funds Trust registration statement defines various types of crypto assets. It labels digital currencies as assets that are a store of value, medium of exchange, or unit of account that is blockchain-based and not issued by a central authority. A digital security token invokes some type of ownership over a separate asset. A digital utility token derives value from providing access to a particular product or network.

ELON MUSK'S XAI RAISES $6 BILLION TO FUND ITS RACE AGAINST CHATGPT AND ALL THE REST

xAI has announced raising $6 billion in funding to help bring the startup's first products to market, build advanced infrastructure, and accelerate the research and development of future technologies. The funding comes from several sources, including Andreessen Horowitz, Sequoia Capital, and Saudi Arabian Prince Al Waleed bin Talal. Elon Musk plans to launch xAI's new data center by the fall of 2025. Musk has said he would prefer to build products outside of Tesla when it comes to AI and robotics unless he gets more control.

SCIENTISTS FOUND A PARADOX IN EVOLUTION — AND IT MAY BECOME THE NEXT RULE OF BIOLOGY

Scientists from the University of Southern California have proposed a new rule for biology called Selectively Advantageous Instability (SAI). SAI explores how instability can actually benefit a cell or organism. Instability allows for greater genetic diversity, which can make organisms more adaptable. A shorter cell component lifespan can actually help promote cell health. Understanding the process could aid in the exploration of the biological processes behind disease and aging.

LOOKING GLASS DEBUTS 16-INCH OLED AND 32-INCH ‘HOLOGRAPHIC' SPATIAL DISPLAYS

Looking Glass has introduced a 32-inch spatial display and a 16-inch OLED variant designed to enable group 3D visualization without the need for headsets. The displays can assist in the development and presentation of interactive 3D digital images, videos, and applications in real time. They support a range of software through plugins for Unity, Unreal, Blender, and WebXR. Looking Glass provides a 3D model importer and an SDK for developing custom 3D/holographic content. The new displays are thin and designed to be easily installed anywhere.

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