Native AI, a leader in consumer purchase feedback and GenAI Digital Twins of consumers, has partnered with Nichefire, a leader in cultural listening, to help businesses identify and predict consumer, political and economic trends. The combined data will allow brands and researchers to stay one step ahead of consumer motivations, so they can capitalize on peak purchase moments. The partnership…
In the quest to ramp up Patriot missile production this year in the U.S., Boeing is on track to break its annual seeker production record, the company announced Aug. 6.
“In the first half of the year, the program has surpassed its previous three- and six-month rolling…
Forge Battery is now shipping its prototype 21700 cylindrical Li-ion battery cells with a confirmed specific energy of 300 Wh/kg.
Forge Battery, a commercial lithium-ion battery production subsidiary of materials science company Forge Nano, is shipping its “Gen. 1.1…
Lucid Motors beats Q2 revenue estimates with another $1.5 billion injection from Saudi PIF
August 7, 2024
Lucid Motors (LCID) topped Wall Street’s Q2 revenue estimates Monday after announcing another $1.5 billion investment from Saudi Arabia’s Public Investment Fund (PIF).
Lucid reports Q2 2024 earnings results
Lucid delivered a record 2,394 vehicles in the second quarter, up 22% from the previous record in Q1 2024 (1,967).
Production at its AMP-1 manufacturing plant also picked up, with 2,110…
Tesla is testing Supercharging at over 300 kW
August 7, 2024
Tesla is currently testing the potential for its current Supercharging V4 (with V3 cabinets) to charge at over 300 kW
The Supercharger network is by far the best fast-charging network in the world and it’s hard to argue against that.
It’s the most extensive, convenient…
On Monday, unlike their ethereum counterparts, spot bitcoin exchange-traded funds (ETFs) witnessed outflows totaling $168.44 million. The primary contributors to this decline were three funds, with Grayscale’s GBTC taking the lead in outflows.
3 Leading Bitcoin ETFs…
Binance Hit With $87 Million Tax Bill in India
August 7, 2024
Global crypto exchange Binance has received a goods and services tax (GST) bill of Rs 722 crore ($87 million) in India for non-compliance with the country’s tax regulations. This is the first instance of a cryptocurrency firm facing such scrutiny in India. A source claimed that Binance earned over Rs 4,000 crore from transaction fees charged to Indian customers. However, these earnings were…
Coinshares, a digital asset investment firm, has reported a significant $528 million outflow from its crypto products last week, driven by growing recession fears. This substantial withdrawal reflects the heightened market uncertainty and investor caution amid economic…
Groq, a leader in AI inference technology, has raised $640 million in a Series D funding round, signaling a major shift in the artificial intelligence infrastructure landscape. The investment values the company at $2.8 billion and was led by BlackRock Private Equity…
Runway, the New York-based AI startup, has taken another significant step in the rapidly evolving field of AI-generated video. The company announced today that its Gen-3 Alpha Image to Video tool now supports using an image as either the first or last frame of video generation, a feature that could dramatically improve creative control for filmmakers, marketers, and content creators.
This update…
