Volkswagen CEO Olivier Blume faced a huge booing crowd in Germany today, telling tens of thousands of workers that the company isn’t operating in “a fantasy world” and that plants will be closing and jobs will be lost. Here’s the latest.
On Monday, a hundred thousand workers walked off at nine Volkswagen factories across Germany, including its EV-only factory, bringing assembly lines to a…
GM braces for a $5 billion hit as it fights to keep up in China's intensifying EV price war
December 6, 2024
As it struggles to keep up with low-cost rivals like BYD, GM expects to suffer a $5 billion blow to its business in China. The multi-billion hit comes as GM rapidly loses market share in the world’s largest EV market.
GM sees $5 billion impact from restructuring in…
Tesla shuts down rumors of Cybertruck coming to China
December 6, 2024
Tesla has shut down rumors that it is bringing its Cybertruck to China anytime soon, as production in the US appears to be throttling down.
We reported earlier this week that Tesla has told employees working on the Cybertruck production line at Gigafactory Texas to take a…
OpenAI appears poised to launch ChatGPT Pro subscription plans at $200 USD per month
December 6, 2024
OpenAI appears to be launching a new subscription tier offering for its signature chatbot product, ChatGPT.
Screenshots posted on X by third-party AI engineer Tibor Blaho show the new tier, ChatGPT Pro, priced at $200 U.S. dollars per month, 10x the amount currently charged for the ChatGPT Plus individual offering.
It is also the highest sum compared to ChatGPT Team ($30), Enterprise (varies but…
OpenAI has officially launched its o1 model, transitioning out of preview to become a core feature of the ChatGPT platform. And now, it can also analyze images — a hugely helpful feature upgrade as it enables users to upload photos and have the AI chatbot respond to them…
Calling all gen AI disruptors of the enterprise! Apply now to present at Transform 2025
December 6, 2024
The Innovation Showcase is back at Transform: The Orchestration of Enterprise Agentic AI at Scale, in June 2025 in San Francisco. We’re on the hunt for the 10 generative AI products most likely to disrupt the enterprise. If you think your technology fits this bill, we’d…
Nous Research is training an AI model using machines distributed across the internet
December 5, 2024
The team of AI researchers known as Nous Research is currently doing something unique in the fast-moving space of generative AI (at least to my knowledge): Nous is in the midst of pre-training a new 15-billion parameter large language model (LLM) using machines distributed around the internet and the world, avoiding the need to concentrate model development as it traditionally has been in…
Hume AI, the startup specializing in emotionally intelligent voice interfaces, has launched Voice Control, an experimental feature that empowers developers and users to create custom AI voices through precise modulation of vocal characteristics — no coding, AI prompt…
As rumors and reports swirl about the difficulty facing top AI companies in developing newer, more powerful large language models (LLMs), the spotlight is increasingly shifting toward alternate architectures to the “Transformer” — the tech underpinning most of the…
The European Commission is throwing a lifeline to its emerging EV battery sector with a hefty boost of €1 billion ($1,05b). But companies relying on Chinese materials are likely to be cut out. Question is, is it too late to save Northvolt?
The new proposal is one of the first new measures to be launched in the first week of the EU Commission’s new term, and is part of a sweeping package of…
