According to a credible new report, Elon Musk has reportedly shut down an internal analysis from Tesla executives that showed the company’s Robotaxi plans would lose money and that it should focus on its more affordable ‘Model 2’.
In early 2024, we reported that Musk had canceled Tesla’s plan for a new affordable electric vehicle built on its upcoming ‘unboxed’ vehicle platform, often…
Geely exercises its Put Option on Lotus UK, enabling reintegration of all businesses under the Lotus brand
April 18, 2025
Bear with me, as this one is a bit complicated and jargon-heavy. Lotus Technology Inc. announced that Geely, the majority owner of its vehicle manufacturing business Lotus UK, exercised its put option earlier this week to sell its 51% stake in the latter company back to the…
California’s e-bike incentive program is back, offering CA residents another opportunity to receive up to $2,000 off a new electric bicycle.
The second application window opens on April 29 at 5 PM, with 1,000 vouchers set to become available. In order to become eligible…
Solana ETFs Launch on Toronto Stock Exchange
April 18, 2025
In a Nutshell
Canada introduces spot Solana ETFs by four investment managers on the TSX, following OSC approval. Solana joins Bitcoin and Ether as approved crypto assets for ETFs in Canada. Analyst Eric Balchunas questions potential retail interest based on U.S. futures-based Solana ETF performance compared to XRP.
Canadian retail investors now have a third option on their spot crypto…
Diosnel Alarcon, head of the cybercrime unit of the National Police of Paraguay, has indicated that over $4 billion was moved by cryptocurrency scams and Ponzi schemes in 2023 and 2024. Alarcon stated that middlemen help these platforms thrive, as people investing don’t…
Grocery Giant SPAR Dips Toe Into Crypto Payments
April 18, 2025
SPAR, one of the world’s largest grocery retailers with over 13,900 stores across 48 countries, is stepping into the future of payments. In an exciting development, SPAR Switzerland is now testing cryptocurrency payments, accepting Bitcoin via the Lightning Network at its…
Claude just gained superpowers: Anthropic’s AI can now search your entire Google Workspace without you
April 16, 2025
Anthropic launched major upgrades to its Claude AI assistant today, introducing an autonomous research capability and Google Workspace integration that transform the AI into what the company calls a “true virtual collaborator” for enterprise users. The expansion directly challenges OpenAI and Microsoft in the increasingly competitive market for AI productivity tools.
The new Research…
Sam Altman at TED 2025: Inside the most uncomfortable - and important - AI interview of the year
April 16, 2025
OpenAI CEO Sam Altman revealed that his company has grown to 800 million weekly active users and is experiencing “unbelievable” growth rates, during a sometimes tense interview at the TED 2025 conference in Vancouver last week.
“I have never seen growth in any company…
When AI reasoning goes wrong: Microsoft Research shows more tokens can mean more problems
April 16, 2025
In a Nutshell
Microsoft Research finds that inference-time scaling methods for large language models don’t universally improve performance. Varying benefits, token inefficiency, and cost unpredictability challenge assumptions. Verification mechanisms enhance model…
Sunreef Yachts introduces Solar Skin 3.0 cell with AI optimization for marine electrification
April 16, 2025
Cutting-edge yacht and electric catamaran designer Sunreef Yachts has unveiled its latest generation of solar skin technology. The silicon solar cells, designed in-house by Sunreef, are now more efficient, durable, and bolstered by AI optimization. As such, Sunreef is calling its Solar Skin 3.0 technology a “visionary leap toward the future of yachting.”
Sunreef Yachts has been operating out…
