US Navy
US Navy business and news from across the web.- Crypto-scammers are offering cargo ships in the Strait of Hormuz safety for Bitcoin, and Iran's already fired on at…Maritime risk management firm MARISKS has issued a warning about cryptocurrency scammers impersonating Iranian authorities and demanding Bitcoin and other cryptocurrencies for safe passage through the Strait of Hormuz. At least two ships have reportedly been fired upon by Iranian warships after receiving fraudulent messages promising clearance. This situation adds another layer of complexity to the ongoing geopolitical tensions and blockades in the vital shipping channel.
- Krafton to invest $1 billion in a defence company that works with the US NavyKrafton, publisher of PUBG and The Callisto Protocol, is investing $1 billion in Hanwha Aerospace to focus on "Physical AI" and its applications in the defense sector. This partnership combines Krafton's AI research with Hanwha's industrial infrastructure. The news comes as Krafton recently lost a lawsuit against former executives of Unknown Worlds, the creators of Subnautica.
- Krafton to invest $1 billion into South Korea defense company partnered with the U.S. navyKrafton has announced a strategic alliance and investment of approximately $1 billion into Hanwha Aerospace's global AI, robotics, and defense initiatives. The partnership aims to develop and commercialize technology across various sectors, including defense, and will involve Krafton investing in a fund managed by Hanwha Asset Management. The companies plan to leverage Krafton's experience with large-scale game data and virtual worlds for physical AI training and verification, and will establish a joint venture for seamless development and commercialization.