Ford CEO Jim Farley wants the company to deliver affordable EVs like Henry Ford did with the Model T. However, the hard part is doing so profitably. After China’s bet on EVs “paid off” so far, Ford wants to compete with the best, including BYD.
Ford moves to affordable EVs
Farley believes its next-gen EVs will “not only be profitable, but also affordable for most Americans.”
According…
Tesla has started to release a new software update that brings improvements to its adaptive headlights, games, and more.
Today, Tesla announced the start of the rollout of its 2024.20 software update.
The main new feature is the fact that the adaptive headlight feature for…
ERC-6900 Website Launches, Co-Authored by Ethereum Foundation, Alchemy, Circle and Quantstamp
June 5, 2024
The official resource for ERC-6900, www.erc6900.io, has been launched, co-authored by the Ethereum Foundation, Alchemy, Circle, and Quantstamp. The website is a comprehensive guide to ERC-6900, a groundbreaking proposal that standardizes interfaces for composable smart…
The U.S. DOJ has charged the CFO of a media company with one count of money laundering and two counts of bank fraud for participating in a scheme that laundered criminal proceeds using cryptocurrency. Authorities allege that Weidong Guan and his accomplices used bank accounts opened with stolen personal identification information to transfer the funds to the media company’s accounts.
Guan and…
Deutsche Bank is collaborating with Bitpanda to manage customer fiat deposits and withdrawals for the Austrian crypto broker. This collaboration addresses the challenges crypto platforms have faced in securing banking partners after the 2023 collapse of key crypto-friendly…
Chip-related startup Crystal Sonic won the third Lam Capital Venture Competition as well as a $250,000 investment from Lam Capital.
The winner was announced at the Enabling Future Semiconductors event at Lam Research’s headquarters in Fremont, California. made the…
Jensen Huang, CEO of Nvidia, gave a keynote at the Computex trade show in Taiwan about transforming AI models with Nvidia NIM (Nvidia inference microservices) so that AI applications can be deployed within minutes rather than weeks.
He said the world’s world’s 28 million developers can now download Nvidia NIM — inference microservices that provide models as optimized containers — to deploy…
Intel debuts the Xeon 6 processor, aiming to modernize data centers to tackle enterprise AI workloads
June 4, 2024
Intel has announced its Xeon 6 chip to ensure that data centers can handle the workloads needed as more companies start to deploy AI apps and models. The processor comes with two microarchitectures, an efficient core (E-core) and a performance core (P-core) and will be…
Intel reveals Lunar Lake’s architecture, showing how its flagship AI PC processor will work
June 4, 2024
Qualcomm made headlines when it was named the chipmaker for Microsoft’s Copilot+ PCs. However, that hasn’t deterred Intel from innovating for this new form of computing. The company had been working on chips to power AI PCs long before Microsoft’s news. In fact, on…
The Defense Department has selected four companies to develop prototypes of a modular drone that can be used to test payloads, sensors and other technology, and be produced at high rates at an affordable cost.
Anduril Industries, Integrated Solutions for Systems Inc., Leidos Dynetics, and Zone 5 Technologies will develop prototypes for the Enterprise Test Vehicle project, the Air Force Armament…
