Wisecut, an AI-powered automatic video editing platform, has announced the successful completion of an investment round from esteemed Silicon Valley investor Tim Draper, who made an impromptu pledge of $1 million to the company.
Founders Ivo and Vicente Machado met with Tim Draper during breakfast and convinced him to pledge his support. Draper signed the investment commitment on a napkin, sealing…
Advanced Micro Devices reported that revenue in its second quarter was $5.36 billion, down 18% from a year earlier as the client PC market continues to climb back during the economic downturn.
But investors took the report as good news, as AI-related stocks such as AMD…
Advanced Micro Devices CEO Lisa Su said she foresees the PC market to grow seasonally in the second half of the year with better inventory levels across the supply chain.
The big chip maker executed well in the second quarter, launching multiple leadership products…
FORT LIBERTY, N.C. — The U.S. Army is working on a new conventional fires strategy expected by the end of this year, according to Gen. James Rainey, who leads Army Futures Command.
“We did a very deliberate strategic fires study that underpin the long-range precision fires efforts,” Rainey told Defense News in an exclusive July 27 interview on his way to Fort Liberty, North Carolina, to…
DAYTON, Ohio — The future of the U.S. military’s Adaptive Engine Transition Program is still up in the air, but one service is trying to fold the effort’s technological innovations into an advanced jet’s propulsion system.
In a Tuesday roundtable with reporters in…
Volkswagen’s smallest electric car, the ID.3, is seeing more orders in China following significant price cuts implemented last month.
VW ID.3 orders soar after price cuts in China
Volkswagen’s joint venture with SAIC (VW-SAIC) announced a new limited-time offer on…
The Inflation Reduction Act (IRA) is a “free electric bank account with your name on it.” It’s packed with rebates and tax credits that will help Americans purchase everything from EVs to electrical appliances to heat pumps. Check out this easy-to-use IRA savings calculator from Rewiring America that tells you what you’ll get.
Rewiring America is an electrification nonprofit whose…
Segway e-SuperScooters start from $2,000 lows in New Green Deals, REI e-bikes, power stations, more
August 1, 2023
Tuesday’s batch of Green Deals are now live and headlined by some all-time lows on Segway’s flagship SuperScooter GT EVs. Delivering as much as $1,000 in savings on the higher-end releases, the savings also continue over to deep discounts on REI e-bikes, Jackery power…
A new three-row Subaru electric SUV is expected to hit the market in the next few years. Toyota will build the EV at its manufacturing facility in Georgetown, Kentucky.
Toyota to build a new Subaru three-row electric SUV
According to sources familiar with the plans (via…
Tesla has submitted a plan to build nine electric semitruck charging stations between California and Texas.
As we reported yesterday, Tesla is still producing the Tesla Semi electric truck, only in low volume for a few customers and its own operations. It limits the need for charging stations specifically for electric semitrucks, which Tesla calls Megachargers.
The automaker has deployed some at…