Tesla’s Innovative “Precision Parking Assist” Feature Unveiled by Ashok Elluswamy
December 19, 2023 – Tesla Announces “Precision Parking Assist” Feature In recent news, Tesla’s Head of Autonomous Driving Software, Ashok Elluswamy, has revealed plans to introduce a new “Precision Parking Assist” feature for certain vehicle models that do not have ultrasonic sensors. This upcoming update promises to enhance the parking experience by utilizing higher-resolution 3D…
Meta’s Metaverse Business Mired in Persistent $4 Billion Quarterly Losses
April 30, 2026 – Meta recently released its quarterly financial report, revealing a substantial loss of $4 billion in its Reality Labs division. This unit is in charge of developing AR smart glasses, VR headsets, and related VR software businesses. For Meta, continuous losses in this department have become the norm. Over the 21 quarterly…
BMW’s Frank Weber Warns Against Unlimited Battery Capacity in EVs
February 12, 2025 – In an interview with “Automotive News” on February 10th, Frank Weber, the head of BMW’s research and development, emphasized that “infinitely increasing battery capacity” is not feasible, warning that such an approach would ultimately undermine the purpose of electric vehicles. Weber highlighted that while there are discussions about electric cars achieving…
ASML Commits to Acquiring Stake in Mistral, Set to Become Largest Shareholder
September 8, 2025 – According to a Reuters report on the 7th local time, during the latest Series C funding round of French AI startup Mistral, the photolithography equipment giant ASML has pledged to be the lead investor and is set to become Mistral AI’s largest shareholder. As per Reuters’ information, prior to this funding…
Samsung Unifies Gaming Experience with ‘Gaming Hub’ Rebrand
March 22, 2024 – Samsung Electronics has recently announced a significant update regarding its gaming services, unifying the experience across its devices. The company’s game service for mobile devices, previously known as “Game Launcher,” has been renamed “Gaming Hub.” Previously, Samsung had used the name “Game Launcher” for its mobile gaming service while utilizing “Gaming…
Rocket Supercar Hits 0-100 km/h in 0.9s: Yu Hao Confirms Dreame Auto’s $10B Funding Push
April 30, 2026 – Recently, Yu Hao, the founder of Dreame Technology, made an announcement that the company’s Starry Sky Project, which focuses on smart cars, is moving forward with a new round of financing, aiming to raise 64 billion yuan (approximately 10 billion US dollars). At a recent launch event held in the United…
Tesla Confirms Workforce Reduction: Musk’s Internal Memo Revealed
April 15, 2024 – Confirmation Emerges: Tesla Announces 10% Workforce Reduction Tesla’s anticipated large-scale layoffs, previously only rumored, have finally been confirmed with the release of an internal memo by Elon Musk. Reports from various media outlets indicate that Musk has issued a company-wide memo announcing a global reduction in Tesla’s workforce by 10%. Earlier…
First in Automotive Field: Li Auto’s Research on Mach 100 Chip Makes it to 2026 ISCA Industry Track
March 30, 2026 – Today, Li Xiang, the CEO of Li Auto, announced some exciting news. The research paper from Li Auto’s Mach 100 chip development team has been accepted by the 2026 ISCA Industry Track. Congratulations to Xie Yan and his team! This achievement marks a significant recognition from the world’s most authoritative academic…
Report Finds Limited Transparency in Meta’s Llama 2 and OpenAI’s ChatGPT “Open Source” Claims
August 02, 2023 – OpenAI and Meta, among other prominent companies, have recently come under scrutiny for their use of the term “open-source” in relation to their language models. Researchers from the University of Nijmegen in the Netherlands released a thought-provoking study pointing out that some language models labeled as “open-source” are not truly open…
Bluesky Hits 24 Million Users, Adding 9 Million in Just One Month
December 6, 2024 – According to a report by GSMArena, Bluesky, a decentralized social platform, has surpassed the 24 million user mark, with an impressive growth of approximately 9 million users in just the past month. Rose Wang, the Chief Operating Officer of Bluesky, revealed that the majority of new users flocking to the platform…