It wasn’t too long ago that Rivian and Ford were expected to build EVs together. Then, Rivian and Mercedes-Benz announced plans to produce electric vans. Although both fell through long ago, Rivian CEO RJ Scaringe recently spilled the tea on why the tie-ups really failed.
The first partnership began after Ford invested $500 million in Rivian in 2019. Ford said it would use Rivian’s platform to…
Vermont is now offering its residents up to $6,000 in incentives to replace their flood-damaged, scrapped cars with EVs.
On July 16, 2024 – barely over a year after 2023’s devastating floods – Governor Phil Scott (R-VT) announced updated state BEV and PHEV incentive…
Revolut, the crypto-friendly digital bank, is reportedly planning to sell $500 million of employee shares, targeting a staggering valuation of $45 billion. This move is seen as a significant step towards a potential Initial Public Offering (IPO). Revolut’s progressive…
As the European Union strides towards comprehensive crypto regulation, MiCAR stands out as a cornerstone of this new landscape. However, the true impact of MiCAR, alongside other critical regulations like the Transfer of Funds Regulation (TRF) and the Digital Operational Resilience Act (DORA), will only begin to unfold in 2025. To delve deeper into these transformative changes, Mihhail Sherle…
Based on the recent data, the nine newly introduced ethereum exchange-traded funds (ETFs) saw $106.78 million in inflows on Tuesday. Blackrock took the lead with $266.55 million in trading volume throughout the day.
Blackrock Dominates Inflows as Nearly Half a Billion Exits…
Game developer Barnyard Games and entertainment company Superplastic announced today they’re collaborating on a new project: Bringing Superplastic’s animated characters to a video game, specifically Fortnite. The two are launching their own title, Fortnite’s Most…
Call of Duty: Modern Warfare III is coming to Game Pass on July 24, fulfilling a goal of Microsoft’s acquisition of Activision Blizzard.
Megan Spurr, senior community lead at Xbox Game Pass, said in a blog post that Modern Warfare III will be available for Game Pass on Console, PC Game Pass and Game Pass Ultimate starting tomorrow.
That includes single player campaign, multiplayer and the…
By embracing liquid cooling, AI powerhouse Supermicro enables 30% more computing power — with the same power budget
July 24, 2024
Charles Liang, CEO of Supermicro, predicts that “the AI revolution can be bigger than the industrial revolution,” and the astonishing growth of Supermicro just in the past year seems to bear out this prediction. Supermicro revenue grew by 200% year over year in the third…
The rise of generative AI tools like ChatGPT has sparked debate about their impact on creativity and the creation of novel ideas. A new study by researchers from the University of College London School of Management and the University of Exeter explores the effect of…
How Chevron is using gen AI to strike oil
July 24, 2024
Oil and gas operations generate an enormous amount of data — a seismic survey in New Mexico, for instance, can provide a file that is a petabyte all by itself. “To turn that into an image that you can make a decision with is a 100 exaflop operation,” Bill Braun, Chevron CIO, told the audience at this year’s VB Transform. “It’s an incredible amount of compute.” To support such data…
