Cleantech & EV'sNews

Rivian (RIVN) and Volkswagen win approval from German authorities to form joint venture

July 30, 2024
Rivian (RIVN) and Volkswagen received the green light from German authorities to form a new joint venture. With “no series competition problems” to worry about, the German Federal Cartel Office approved the Rivian/VW partnership on Monday. Rivian and Volkswagen gain German approval It’s been over a month since Rivian and VW announced the landmark alliance. The new partnership will use…
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CryptoNews

Blackrock Warns of Rising Crypto Investment Scams

July 30, 2024
Blackrock, the world’s largest asset manager with $10.5 trillion in assets under management, has warned about cryptocurrency scams. The firm urged caution when dealing with individuals, websites, or social media platforms using its brand to offer training or investments. Blackrock noted a spike in scams directing users to crypto investment-related websites or platforms like Whatsapp and…
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AI & RoboticsNews

AI training costs are growing exponentially —  IBM says quantum computing could be a solution

July 26, 2024
Earlier this month, the Wall Street Journal reported that a third of nuclear power plants are in talks with tech companies to power their new data centers. Meanwhile, Goldman Sachs projected that AI is going to drive a 160% increase in power usage by data centers from now until 2030. That is going to take carbon dioxide emissions to more than double current levels. Each ChatGPT query is estimated…
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DefenseNews

Israel’s IAI plugging away at German Arrow-3 order amid Gaza war

July 26, 2024
LONDON — Israel Aerospace Industries, the maker of Germany’s future long-range antimissile system, has increased shifts and hired more workers to meet the deadline of setting up an installation in Germany sometime next year, a company executive said. The extra effort follows the national logic of outfitting the Israel Defense Forces as the priority, while also keeping international orders on…
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