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…
Audi RS3 Mid-Cycle Facelift Sets New Nürburgring Record
June 22, 2024 – Audi released the first official photos of its mid-cycle facelifted RS3 model yesterday, announcing that the vehicle had achieved a lap time of 7 minutes and 33.123 seconds at the Nürburgring Nordschleife in Germany. This new record surpasses the previous compact sedan lap record set by the BMW M2 G87 by…
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…
Can AI Large Models Tell Jokes? Google DeepMind’s Experiment Reveals They Can, But With Limited Humor
June 22, 2024 – According to a report by TechXpore yesterday, a research team from Google’s DeepMind project has recently discovered that large language models are “not very good” at writing funny jokes. In a novel experiment, the team set out to investigate whether large language models could create humorous jokes or even entire stand-up…
Stability AI Names Prem Akkaraju as New CEO Following $100 Million Investment
June 22, 2024 – According to a report by The Information, citing sources close to the decision, Stability AI, a UK-based artificial intelligence startup, has appointed Prem Akkaraju as its new Chief Executive Officer. Akkaraju, the former CEO of visual effects company Wētā FX, is part of a group of investors that includes Sean Parker,…
Report Reveals Shocking Data Wastage: 70-80% of Data on Some Servers Remains Unused
June 22, 2024 – A recent report from NetApp, a leading provider of enterprise data infrastructure solutions, has revealed a startling statistic: a staggering 70% to 80% of stored data in some companies remains unused. This significant finding highlights a considerable waste of resources in the realm of data storage. Matt Watts, the Chief Technology…
OpenAI CTO Reveals: GPT-5 to Launch in 18 Months, Promises PhD-Level Intelligence in Certain Fields
June 22, 2024 – In an interview released this Thursday by Dartmouth Engineering School, Mira Murati, the Chief Technology Officer of OpenAI, likened the leap from GPT-4 to GPT-5 to the growth from a high school student to a PhD holder. “If you look at the evolution trajectory of GPT, systems like GPT-3 might have…
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…
Sony RX100 VIII with AI and Vlog Features Set to Hit the Market by Year-End
June 22, 2024 – According to SonyAlphaRumors, Sony is planning to release the RX100 VIII camera by the end of 2024. This upcoming model is expected to introduce AI and Vlog-related features, marking a significant upgrade from its predecessor. Additionally, Sony is rumored to be launching a new lens to replace the current 24-200mm offering….
Samsung Expects 13% Boost in Smartphone and Tablet Production for First Half of 2024, Thanks to Galaxy AI Catalyst
June 22, 2024 – According to a report by The Elec, a Korean media outlet, Samsung Electronics is estimated to have exceeded its production forecast for smartphones and tablets in the first half of 2024. The company is expected to overachieve its production targets by 13% for the six-month period, driven by strong performance in…