ITBEAR

Northvolt, Founded by Ex-Tesla Exec, Loses €2 Billion BMW Battery Deal Over Delivery Issues

June 22, 2024 – According to a report from Reuters, Swedish battery manufacturer Northvolt, founded by a former Tesla executive, has failed to fulfill a long-term supply agreement, leading BMW to recently cancel a battery contract signed with Northvolt in 2020 worth over 2 billion euros. Last year, Northvolt announced a significant breakthrough in energy…

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AMD Confirms Minor Data Leak, Claims No Significant Impact on Operations

June 22, 2024 – Advanced Micro Devices (AMD) has released a statement through Bloomberg, revealing the preliminary findings of its investigation into a recent data breach incident. According to AMD, the breach originated from a third-party supplier website that provides services for assembling some of AMD’s products. The company assured that the disclosed information was…

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OpenAI Bolsters Search Powers with Acquisition of Rockset

June 22, 2024 – On June 21 local time, OpenAI announced the completion of its acquisition of Rockset, a company specializing in database retrieval and analysis. This move is aimed at integrating Rockset’s technology and talent to enhance the search infrastructure of OpenAI’s various products. In its press release, OpenAI emphasized that artificial intelligence has…

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