AI21, a company that competes with OpenAI to serve enterprise companies with generative AI systems, has chosen an opportune time to announce more funding.
While competitor OpenAI is reeling from internal chaos and revolt, and may fall apart after the majority of its employees have supported a letter calling upon that company’s board to resign, AI21 has raised $53 million more for its series C…
Centralized Provider Problem Causes Nationwide Digital Payment Meltdown in Spain: Users Turn to Crypto and Cash – Bitcoin News
November 22, 2023
A problem with Redsys, a third-party platform used in all of Spain, caused a meltdown for almost all of the digital payment options in the country, leaving citizens without means of payment for hours. The incident left stores without the possibility of using credit and debit…
WASHINGTON — The first production F-35 Joint Strike Fighter with an early, incomplete version of the software powering a key upgrade was flown last week at Lockheed Martin’s Fort Worth, Texas, facility, the company told Defense News.
The Pentagon’s F-35 Joint Program…
In its latest setback, Ford is cutting back on another significant EV investment. The company is scaling back plans at its $3.5-billion EV battery plant in Michigan as it adjusts to market demand.
Ford said it was “re-timing and resizing some investments” in a statement Tuesday. Although it remains bullish on its long-term strategy, Ford is reducing its investment and cutting jobs at its…
Revolution Wind, Rhode Island and Connecticut’s first utility-scale offshore wind farm, can begin offshore construction in 2024.
The Bureau of Ocean Energy Management (BOEM) approved Revolution Wind’s construction and operations plan, and that’s the final decision the…
Tesla is reportedly closing in on a $2 billion deal to build a factory deal in India after years of ups and downs in negotiations.
India has the biggest auto market that Tesla has yet to enter. There has been a ton of back and forth between the Indian government and Tesla to…
In a first, EV new car registrations surpass diesel in Europe
November 21, 2023
Here’s a breath of fresh air, literally. In a new milestone, the number of new electric car registrations has exceeded those of diesel-powered vehicles in Europe for the first time, according to the European Automobile Manufacturers Association.
Between January and October, 1.23 million electric vehicles were registered in the European Union, compared with 1.22 million diesel-powered vehicles.
VinFast (VFS) launches VF 7 SUV priced around $35,000 – When will we see it in the US?
November 21, 2023
Vietnamese automaker VinFast has officially launched its VF 7 EV in its native country, rounding out a lineup of six initial SUVs covering the A to E vehicle segments. While the initial launch begins in Vietnam, the VF 7 should eventually make its way to the US, and it’s…
Hyundai opens new robot-run smart facility to build custom EVs
November 21, 2023
Hyundai officially opened its new Innovation Center Singapore (HMGICS) this week to expand the brand in the EV era. The “smart urban mobility hub” is run by robots (even robot dogs) and AI, providing new ways to buy custom Hyundai</a> EVs.
After…
South Fork Wind: New York's First Offshore Turbine Installed
November 21, 2023
The first wind turbine installation at South Fork Wind, New York State’s first offshore wind farm, is complete.
The 130-megawatt (MW) South Fork Wind will be the US’s first completed utility-scale wind farm in federal waters.
The first of 12 SG 11-200 DD Siemens Gamesa wind turbines was hoisted into place at the project site 35 miles off Montauk, New York.
Van Oord’s offshore installation…
