AI & RoboticsNews

McKinsey report finds generative AI could add up to $4.4 trillion a year to the global economy

June 14, 2023
It seems like the leadership of nearly every big company is excited about generative AI these days and rushing to announce or embrace new AI tools. But what impact will their moves have on the economy? While it’s difficult to say for certain, global consulting leader McKinsey and Company — where GenAI is already in use by roughly half the workforce — has attempted to quantify the trend in a…
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DefenseNews

Lawmakers want US to provide Army tactical missiles to Ukraine

June 14, 2023
WASHINGTON — Lawmakers are seeking to compel a resistant U.S. administration to provide Army Tactical Missile Systems to Ukraine as it fends off Russia. In the House Armed Services Committee chairman’s mark of the fiscal 2024 defense policy bill, the committee calls for…
Cleantech & EV'sNews

Quick Charge Podcast: June 13, 2023

June 14, 2023
Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple Podcasts, Spotify, TuneIn and our RSS feed for Overcast and other podcast players. New episodes of Quick Charge are recorded Monday through Thursday and again on…
Cleantech & EV'sNews

Rivian (RIVN) will lose its spot in the Nasdaq-100 index next week, Nasdaq confirms

June 14, 2023
And it’s official. Rivian (RIVN) will lose its position on the Nasdaq-100 index (NDX) after its stock price fell over 90% from its all-time high achieved shortly after going public. Rivian to be removed from the Nasdaq-100 index Less than two weeks after JP Morgan analyst Min Moon predicted in a note to investors that Rivian would lose its position in the Nasdaq-100, it’s becoming a…
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AI & RoboticsNews

This week in data: Don’t be an AI tourist

June 14, 2023
“Don’t be an AI tourist” is excellent advice from a post on The World Economic Forum. The post includes a fascinating survey: The AI Readiness Report which demonstrates that 81% of companies are now working with generative AI and how the focus on models is changing.
Cleantech & EV'sNews

Fastest production electric car lands in the US as Rimac hands over first Nevera EV hypercar

June 13, 2023
Rimac Automobili revealed Tuesday it had delivered its first Nevera electric hypercar to a customer in the US. One of the fastest cars in the world and the current fastest production electric car, the Rimac Nevera, was handed over to its owner by the company’s dealer in New York. After several years of testing and development with concepts, Rimac enticed performance fans by promising a…
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Cleantech & EV'sNews

Tesla (TSLA) stock is on an incredible run, here’s why

June 13, 2023
Tesla’s stock (TSLA) is up more than 50% over the last month in one of the company’s best runs in value ever. Here’s an idea of why Tesla’s stock is gaining momentum. Macroeconomics has a big impact on large stocks, like Tesla, and improvements on that front have helped the automaker, but the NASDAQ is up 10% while Tesla’s up 51% over the last 30 days. A string of good news seems to have…
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