xAI Debuts Grok-1.5 with Major Upgrades in Long Context Understanding and Reasoning Abilities

March 29, 2024 – In a move that echoes its founder Elon Musk’s penchant for grand announcements with minimal fuss, the artificial intelligence startup xAI has unveiled its latest language model, Grok-1.5. The official announcement was characteristically succinct, merely providing a link to the new model without any accompanying text, reflecting a “less is more”…

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$5.9 Billion Dividends Repatriated from Overseas Subsidiaries for Electric Vehicle Investments

June 12, 2023 – Hyundai Motor Group, the South Korean automotive conglomerate, has recently announced its plans to tap into the reserves of its overseas subsidiaries to ensure essential financial resources for expanding investments in the domestic electric vehicle (EV) sector. In particular, Hyundai Motor aims to increase the dividends from select overseas subsidiaries by…

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Sony and Honda’s Joint Venture Sparks Outrage from US Dealers with Its Direct EV Sales Plan

January 14, 2025 – At the 2025 International Consumer Electronics Show (CES), Sony Honda Mobility, a joint venture between Sony and Honda, announced its intention to adopt a direct sales model similar to that of Tesla and Rivian for its upcoming Afeela electric vehicle. This decision, which bypasses the traditional franchised dealer network, has immediately…

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