Unbiased AI-powered news
Ukrainian forces have expanded strikes using medium-range drones that target Russian logistics vehicles at distances of 12 to 200 kilometers. The drones employ visual navigation and AI targeting to avoid electronic warfare systems. Russian military observers have reported increased disruption to supply routes behind the front lines.
ForbesUkrainian forces have quadrupled strikes with medium-range drones that target Russian fuel tankers and supply vehicles at distances between 12 and 200 kilometers. The drones operate at low altitudes and use visual navigation rather than GPS, making them resistant to electronic jamming.
Russian military bloggers have described the drones as difficult to detect and resistant to electronic warfare. One blogger who examined a downed drone reported that it uses American Qualcomm chips and maintains communications by hiding signals within civilian Wi-Fi traffic.
Ukrainian media identify the drones as Hornets made by Swift Beat, a company previously known as Project Eagle. The company was established by Eric Schmidt, who signed a July 2025 agreement with Ukraine's Ministry of Defense to supply hundreds of thousands of drones at cost price.
The basic version of the Hornet is reported to cost around $6,000 and has a range exceeding 80 miles. Ukrainian sources state that the drone can lock onto specific vehicle components such as fuel tanks from long range.
Russian military observers have reported that supply routes to occupied Crimea are increasingly affected. Bloggers have described roads resembling those in Afghanistan during the 1980s, with destroyed vehicles scattered along the sides. One observer noted that the situation in low-altitude airspace is deteriorating daily and that jamming attempts become ineffective once a drone has locked onto its target.
Russian sources have also expressed concern that neural network analysis of current operations could lead to fully automated drones within six to twelve months.
Single source — no framing comparison available.
forbes.comThe average 30-year fixed mortgage rate increased to 6.55 percent this week from 6.49 percent last week, Freddie Mac reported Thursday. The 15-year rate also rose, while the 10-year Treasury yield reached 4.57 percent.
coindesk.comVisa introduced the Visa Stablecoin Platform to let banks, fintechs and crypto firms mint, move and manage stablecoins inside a Visa-managed environment. The product expands the company's crypto services as institutions prepare for wider adoption.
Abc NewsThe central bank lifted its policy rate by 0.25 percentage points on July 15. All seven monetary policy committee members backed the move amid inflation above target and rising household debt.