

Sony Reportedly Discontinues 5.5TB Optical Disc Archive Solution: A Shift in Data Storage Strategies
July 23, 2024 – In a surprising turn of events, techradar has revealed that Sony is set to discontinue its highly acclaimed 5.5TB Optical Disc Archive Cartridges, marking the end of an era in long-term data storage solutions. Introduced in 2020, Sony’s third-generation optical archive system boasted an impressive 5.5TB capacity per cartridge, leveraging innovative…

Intel Halts Investment in French R&D Center and Puts Italian Factory Plans on Hold
July 23, 2024 – In a recent development, the technology giant Intel has reportedly shelved its chip investment plans in France and Italy, as revealed in an official statement obtained by POLITICO on the 4th of this month. This announcement aligns with the sentiments expressed by Italian Industry Minister Adolfo Urso back in March. According…

Musk Announces the Launch of the “World’s Largest AI Training Cluster” Powered by 100,000 NVIDIA H100 GPUs
July 23, 2024 – Elon Musk has unveiled a major milestone in the realm of artificial intelligence with the commencement of training operations on the Memphis Supercluster, a feat achieved at precisely 4:20 AM local time. Acknowledging the pivotal contributions of the xAI team, X team, NVIDIA, and their supporting partners, Musk expressed his gratitude…

Porsche Eyes Minority Stake in VARTA to Bolster V4Drive Investment
July 22, 2024 – According to a report by the Frankfurter Allgemeine Zeitung (FAZ), Porsche is considering acquiring a minority stake in VARTA, aiming to protect its potential investment in the struggling battery manufacturer’s large lithium-ion battery business. It’s worth noting that VARTA announced on the 4th of this month that it was in negotiations…

CrowdStrike Launches Remediation Hub Following Global Blue Screen Incident
July 22, 2024 – Following the incident that caused blue screens of death on 8.5 million computers worldwide due to a faulty Windows update, security company CrowdStrike has launched a new “Remediation and Guidance Hub.” This hub serves as a comprehensive resource for information related to the erroneous update. The hub’s webpage details the cause…

Tesla Megapack to Power France’s Largest Energy Storage Project, Supplying Electricity to Over 170,000 Households
July 22, 2024 – Tesla’s energy storage solution, the Megapack, is set to power France’s largest battery storage system. The project, which commenced construction last week, marks a significant milestone in the transition towards renewable energy. Harmony Energy, a UK-based energy storage company, announced on Thursday the launch of their Cheviré 100 MW / 200…

Boeing Aims to Boost 737 MAX Production in Latter Half, Targets 38 Units per Month by Year-End
July 22, 2024 – Boeing’s Chief Operating Officer, Stephanie Pope, has announced that the company expects to increase production of its 737 MAX aircraft in the latter half of this year. This comes after a series of incidents that have highlighted potential quality and safety issues with Boeing aircraft. Previously, a cockpit panel from a…

Zuckerberg’s Metaverse Hits a Snag? Meta Reportedly Slashes Investments in Reality Labs
July 22, 2024 – According to a report by The Information, Meta, the company owned by Mark Zuckerberg, is significantly reducing its investment in the metaverse project. The report cites a former manager from Reality Labs, the department responsible for VR, AR, and the metaverse at Meta, who revealed that the hardware team has been…

Sudden Exit of Intel’s Esteemed Female Executive After Over Two Decades of Service
July 20, 2024 – In a significant move within the tech industry, Lisa Spelman, a seasoned executive who has dedicated over two decades of her career to Intel, will step down from her role on August 15th to embark on a new journey as the Chief Executive Officer of Cornelis Networks, a high-performance computing connectivity…

BMW Introduces First-of-its-Kind AI-Driven Magnetic Resonance Vehicle Inspection System with 5-Second Results
July 20, 2024 – BMW has set up the world’s first magnetic resonance imaging (MRI) system designed specifically for automobiles in Hawaii, USA, utilizing AI to assist in detecting potential safety hazards in vehicles. Magnetic resonance imaging, commonly known as MRI, is a medical imaging technique that employs magnetic fields and radio waves generated by…