Elon Musk’s xAI Aims for 75BillionValuationwith10 Billion Funding Round
February 15, 2025 – According to sources cited by Bloomberg today, Elon Musk’s artificial intelligence venture, xAI, is in the process of seeking around 10billioninfunding,whichisexpectedtopropelthecompany′svaluationtoastaggering75 billion. Existing investors, including Sequoia Capital, Andreessen Horowitz, and Valor Equity Partners, are reportedly in discussions to participate in this latest funding round. However, the source cautioned that the specific…
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…
The Impending Showdown: Samsung and TSMC on a Collision Course in Advanced Chip Packaging
July 3, 2023 – The global AI GPU market is witnessing a dominant presence by NVIDIA, with a market share of over 90%, turning its chip manufacturing rights into a fiercely contested battleground for vendors. NVIDIA, renowned for its GPUs used in ChatGPT, currently relies exclusively on TSMC for the production of its flagship chips,…
Facing the Specter of Mediocrity: ByteDance CEO Calls for Heightened Crisis Awareness
January 31, 2024 – In the annual all-hands meeting for 2024 at ByteDance, CEO Liang Rubo delivered a speech where he repeatedly emphasized the need for a “sense of crisis” and included “strengthening this sense of crisis” as one of the company’s yearly objectives. Liang candidly admitted that his greatest concern stems from the fear…
Intel’s Next-Gen Raptor Lake Refresh Processors Set to Soar in Performance
September 06, 2023 – Intel is poised to launch its next-generation Raptor Lake Refresh processors later this month, and already, production versions have made their way onto the Geekbench benchmark testing platform. The official market release is expected to follow suit next month. The flagship model of this new generation, the Core i9-14900K processor, has…
Tesla’s New Model 3 Ludicrous: A High-Performance Sensation
April 02, 2024 – Recently, the uncovered images of Tesla’s upcoming high-performance Model 3 variant have sparked considerable interest. The anticipated vehicle, rumored to be christened as the Model 3 Ludicrous, is speculated to make its official debut in the second quarter of this year, followed by its introduction to the domestic market. In terms…
Boeing Delivers 348 Aircraft in 2024, Down 35% Year-on-Year and Less Than Half of Airbus’ Deliveries
January 15, 2025 – Boeing has recently released its delivery figures for 2024, revealing a significant decline in aircraft deliveries compared to the previous year. According to the data, the company delivered 30 aircraft in December 2024, bringing the total number of deliveries for the year to 348 aircraft. This represents a drop of nearly…
Elon Musk’s Philosophy: More Investors, More Valuable Alliances
December 22, 2023 – Elon Musk recently engaged in a conversation with Cathy Wood, the founder of Ark Investment Management, on his social media platforms, discussing a range of topics. Musk revealed that over the years, all the companies under his name have gone through more than a hundred rounds of funding, and he has…
Apple’s Vision Pro: A Glimpse into the Future of Wearable Tech
December 11, 2023 – Apple is gearing up for an exciting launch of its inaugural Vision Pro headset, and insiders like Mark Gurman have revealed some intriguing details. Prior to its official release, Apple has plans to host another grand unveiling event. Simultaneously, Apple is diligently preparing its staff for the launch. The company has…
BYD Claims Top Spot in Global NEV Sales, Outselling Tesla by 4 Times
December 9, 2024 – The global sales rankings for new energy vehicle (NEV) brands in October 2024 have been released by CleanTechnica, with Chinese brands dominating the top 20 list. In this month’s rankings, Chinese brands stood out particularly, occupying thirteen of the top twenty spots. German brands, including Volkswagen, BMW, and Mercedes-Benz, secured three…