As it scrambles to turn things around, Nissan is scrapping plans to build a new LFP battery plant in Japan. The facility was expected to be key to reducing EV battery costs to keep up with leaders like BYD. With alarm bells ringing, Nissan is preparing to cut around 15% of its global workforce.
Nissan abandons plans for new EV battery plant in Japan
Nissan is scrambling to turn the company around.
New fully open source vision encoder OpenVision arrives to improve on OpenAI’s Clip, Google’s SigLIP
May 13, 2025
The University of California, Santa Cruz has announced the release of OpenVision, a family of vision encoders that aim to provide a new alternative to models including OpenAI’s four-year-old CLIP and last year’s Google’s SigLIP.
A vision encoder is a type of AI model…
OpenAI just fixed ChatGPT’s most annoying business problem: meet the PDF export that changes everything
May 13, 2025
OpenAI launched a new PDF export capability for its Deep Research feature today, enabling users to download comprehensive research reports with fully preserved formatting, tables, images, and clickable citations. The seemingly modest update reveals the company’s…
Tokyo-based artificial intelligence startup Sakana, co-founded by former top Google AI scientists including Llion Jones and David Ha, has unveiled a new type of AI model architecture called Continuous Thought Machines (CTM).
CTMs are designed to usher in a new era of AI language models that will be more flexible and able to handle a wider range of cognitive tasks — such as solving complex mazes…
Uniswap, the world’s leading decentralized exchange (DEX), has officially surpassed $3 trillion in total trading volume — a historic milestone in the world of decentralized finance (DeFi). This achievement cements Uniswap’s position as the largest and most influential…
UAE's Mbank Launches AED Crypto Conversions
May 13, 2025
Mbank and Changer.ae have launched a Dirham-based crypto conversion service, following approval from the UAE Central Bank to open a fully regulated AED escrow account.
Secure and Regulated Dirham to Crypto Conversions
The United Arab Emirates (UAE) integrated digital bank…
The Brave browser has a built-in multi-chain crypto wallet that supports major cryptocurrencies such as bitcoin, ether, and solana.
Brave Browser to Integrate Cardano
The privacy-focused Brave web browser will soon integrate with the Cardano blockchain, according to a press release published on Monday. Cardano’s cryptocurrency ADA, a nod to English mathematician Ada Lovelace, currently boasts…
As it scrambles to turn things around, Nissan is scrapping plans to build a new LFP battery plant in Japan. The facility was expected to be key to reducing EV battery costs to keep up with leaders like BYD.
Nissan abandons plans for new EV battery plant in Japan
Nissan is…
Mazda EV has announced that it will use the North American Charging Standard (NACS), also known as Tesla’s charge connector, on its upcoming electric vehicles in Japan. The Japanese automaker had already announced that it would adopt NACS for its electric vehicles in…
XPeng AeroHT's 'Land Aircraft Carrier' hits latest certification milestone en route to mass production
May 13, 2025
AeroHT, the eVTOL and “flying car” business arm of XPeng, announced it is one step closer to bringing its “Land Aircraft Carrier” to customers in China. The powers that be accepted the unique NEV/eVTOL combo vehicle’s production certificate application, moving AeroHT toward its next step before mass production.
AeroHT is easily one of the most exciting electric mobility developers…
