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…
UK Resists EU Move, Refuses to Impose High Tariffs on Chinese Electric Cars
July 20, 2024 – According to recent reports from British media, the UK’s Business and Trade Secretary, Jonathan Reynolds, has stated that the country will not follow the European Union’s lead in imposing high tariffs on electric vehicles imported from China. Reynolds, who is the newly appointed Labour minister, revealed that he had discussed the…
Tesla Raises Prices of Model S and Model X in the US by $2,000
July 20, 2024 – Tesla has recently announced an increase in the prices of its Model S and Model X vehicles in the United States, with both models experiencing a hike of 2,000.Therevisedpricingisasfollows:theTeslaModelSAll−WheelDriveversionisnowpricedat74,990, while the Model S Plaid edition stands at 89,990.Similarly,theModelXAll−WheelDrivevariantcosts79,990, and the Model X Plaid version is priced at $94,990. In addition to…
Google Partners with EssilorLuxottica to Develop Smart Glasses with Gemini AI
July 20, 2024 – Reports from technology news outlet The Verge indicate that Google has reached out to EssilorLuxottica, the company behind the popular Ray-Ban brand, to discuss a potential partnership for the production of Gemini smart glasses. EssilorLuxottica, an Italian-French vertically integrated multinational corporation headquartered in Paris, was formed through the merger of Luxottica…
Google to End Support for goo.gl Short Links in 2025
July 19, 2024 – Google announced in a press release yesterday (July 18) that it will discontinue its URL shortening service goo.gl on August 25, 2025. After this date, attempts to access shortened links will receive a 404 response. The tech giant introduced the URL Shortener service in 2009, enabling users to easily share web…
Google, Microsoft, NVIDIA, and 11 Other Companies Form Alliance to Bolster AI Security
July 19, 2024 – At the Aspen Security Forum held yesterday, 14 leading companies in the AI field, including Google, Microsoft, OpenAI, Amazon, NVIDIA, and Intel, announced the formation of the Coalition for Secure AI (CoSAI). This alliance is aimed at enhancing the security of artificial intelligence systems. Hosted by the OASIS global standards body,…
OpenAI Aims for $7 Trillion Chip Empire, Partners with Broadcom on New AI Chip Development
July 19, 2024 – According to a report by The Information today, OpenAI has been in contact with multiple chip designers, including Broadcom, to jointly explore the development of a new AI chip. The company’s venture into chip manufacturing aims to not only efficiently integrate hardware and software, aspiring to become the “Apple of AI,”…