MobileNews

NVIDIA records mega profit thanks to its AI chip business

If you’ve been wondering who’s making the most money from the AI boom, NVIDIA may have the answer in it’s latest earnings report. The company announced revenue of $13.51 billion in the second quarter, more than doubling the $6.7 billion it made last year and crushing market expectations. On top of that, it earned $6.18 billion in GAAP net income, nine times the $656 million it…
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MobileNews

Apple backs Right to Repair bill in California

Apple officially endorsed Senator Susan Talamantes Eggman’s Right to Repair Bill in California, according to iFixit. Reuters says the tech giant even sent legislators in the state a letter, urging them to pass Senate Bill 244, which requires companies to provide…
AI & RoboticsNews

Princeton University’s ‘AI Snake Oil’ authors say generative AI hype has ‘spiraled out of control’

Back in 2019, Princeton University’s Arvind Narayanan, a professor of computer science and expert on algorithmic fairness, AI and privacy, shared a set of slides on Twitter called “AI Snake Oil.” The presentation, which claimed that “much of what’s being sold as ‘AI’ today is snake oil. It does not and cannot work,” quickly went viral. Narayanan, who was recently named director…
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Cleantech & EV'sNews

Tesla adds Cybertruck Delivery Event invite to referral awards

Tesla has added Cybertruck Delivery Event invites to its owner’s referral award program – without sharing a date yet. After Tesla took an extended break from its referral program for a few years, it was relaunched last year for solar products and last quarter for cars. Buyers using referral codes get incentives, like discounts and free features, and Tesla owners who refer new buyers get…
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Cleantech & EV'sNews

Quick Charge Podcast: August 23, 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

Hyundai's three-row IONIQ 7 electric SUV spotted and compared in size to Kia's EV9

The larger three-row electric SUVs are rolling out. Hyundai’s upcoming IONIQ 7 was spotted and compared to the Kia EV9 ahead of its official debut. Since 2020, Hyundai has been vowing to release the three-row IONIQ 7 to sit alongside its first dedicated EV, the IONIQ 5 and the IONIQ 6 electric sedan. The South Korean automaker presented the IONIQ 7 (SEVEN) concept for the first time at…
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