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Musk's xAI Abandons $10 Billion Server Deal with Oracle, Vows to Build World's Most Powerful Training Cluster
Musk's xAI Abandons $10 Billion Server Deal with Oracle, Vows to Build World's Most Powerful Training ClusterOn July 10, reports surfaced that billionaire Elon Musk's artificial intelligence startup, xAI, has ended negotiations with Oracle for a $10 billion server agreement. xAI had been renting NVIDIA's AI chips from Oracle and sought to expand the existing deal...
Industry dynamics 2024-07-16 15:29:50 -
Generative AI Takes Over Smartphones: Samsung Leads, Apple Catches Up
Generative AI Takes Over Smartphones: Samsung Leads, Apple Catches UpOn July 11, 2023, Apple announced the integration of generative AI technology into its new iPhones, sending shockwaves through the tech world. However, Samsung, Apple's primary competitor in the smartphone arena, had a head start, offering similar experiences to users since January this year...
Industry dynamics 2024-07-16 15:29:23 -
Ferrari Goes Electric: Challenges and Opportunities Await
Ferrari Goes Electric: Challenges and Opportunities AwaitDespite a slowdown in the electric vehicle market, Italian luxury car maker Ferrari is pushing ahead with its electrification strategy, planning to launch its first all-electric model next year. To achieve this goal, Ferrari has invested 200 million in a new Electric Factory in northern Italy, an area almost twice the size of the Colosseum in Rome...
Industry dynamics 2024-07-16 15:28:39 -
The Secret Behind Tesla Autopilot: Musk, Influencers, and Data Labelers
The Secret Behind Tesla Autopilot: Musk, Influencers, and Data LabelersTesla's Autopilot system is hailed as a marvel of machine learning, but the truth behind its development lies hidden within a team of "data labelers." These individuals review thousands of hours of video footage captured by Tesla drivers' cameras, constantly optimizing the car's driving behavior, teaching it when to use turn signals or recognize cones on the road...
Industry dynamics 2024-07-16 15:28:14 -
China Accelerates Beyond in Autonomous Driving: From Level 3 to Driverless Taxis
China Accelerates Beyond in Autonomous Driving: From Level 3 to Driverless TaxisChina has already established dominance in electric vehicle technology and appears to be catching up with the West in the autonomous driving space. The rise of Chinese companies in autonomous driving is not just about technological advancements but also reflects their keen understanding of market demand and government policy support...
Industry dynamics 2024-07-16 15:27:41 -
AI Beauty Magic: AmorePacific's New Lab Sparks Customized Beauty Trend
AI Beauty Magic: AmorePacific's New Lab Sparks Customized Beauty TrendAmorePacific, a leading South Korean cosmetics giant, has launched a new AI beauty lab that is quickly becoming an industry sensation, with appointments being snapped up. The lab leverages AI to recommend the most suitable lipstick shades for customers and offers personalized foundation blending services, taking the concept of tailor-made beauty to a new level...
Industry dynamics 2024-07-16 15:26:35 -
Tesla's German Gigafactory: The Mystery of the Missing Mugs Sparks Laughter and Concern
Tesla's German Gigafactory: The Mystery of the Missing Mugs Sparks Laughter and ConcernEmployees at Tesla's Gigafactory in Grnheide, Germany, have been facing a range of challenges recently, from safety concerns to salary disputes, prompting worries about the plant's future. However, what might be causing the most headaches for factory manager Andre Thierig is not these major issues it's the disappearing mugs...
Industry dynamics 2024-07-16 15:24:41 -
Tesla's Battery Ambition: From the Grand Vision of "Battery Day" to the Challenges of Reality
Tesla's Battery Ambition: From the Grand Vision of "Battery Day" to the Challenges of RealityIn September 2020, Tesla unveiled an ambitious blueprint to the world at its "Battery Day" event: a $25,000 electric vehicle powered by a revolutionary 4680 battery that would completely transform the electric car industry. However, three years later, the reality is far from the initial vision...
Industry dynamics 2024-07-16 15:22:40 -
Vandalism of Self-Driving Cars in San Francisco: A Challenge for the Future of Driving Technology
Vandalism of Self-Driving Cars in San Francisco: A Challenge for the Future of Driving TechnologyA recent incident involving vandalism of several Waymo self-driving cars in San Francisco has generated widespread attention, highlighting the ongoing resistance to this futuristic driving technology among some residents in the city.On July 15, Waymo, the autonomous driving company owned by Alphabet (Googles parent company), reported having over a dozen of its self-driving cars vandalized...
Industry dynamics 2024-07-16 15:22:10 -
Hisense ULED X: A Revolution in Picture Quality That Surpasses OLED
Hisense ULED X: A Revolution in Picture Quality That Surpasses OLED"Good picture quality should not only be perfect in the laboratory, but also not be limited to professional sources." Recently, at the Hisense ULED Strategy Upgrade and Hisense Vision Autumn New Product Launch Conference, Yu Zhitao, Senior Vice President of Hisense Group, shared the story behind the ULED strategy upgrade: Through a deep analysis of users' TV usage and needs, Hisense discovered that "complex lighting conditions in the home environment, users' lack of habit of adjusting picture quality parameters, and increased viewing scenarios with wide viewing angles" have become the three major pain points of current TV use...
Intelligent devices 2024-07-04 14:15:38 -
China Postal Savings Bank Strengthens Identity Information Management for Digital Yuan to Curb Money Laundering Risks
China Postal Savings Bank Strengthens Identity Information Management for Digital Yuan to Curb Money Laundering Risks21st Century Business Herald Intern Reporter Guo Congcong Beijing ReportRecently, China Postal Savings Bank (China Post Bank) issued a "Notice on Promoting the Governance of Customer Identity Information for Digital Yuan" (hereinafter referred to as the "Notice"). The Notice states that China Post Bank will take measures such as lowering transaction limits and restricting financial services for customers whose digital yuan wallets have incomplete personal customer identity information...
Blockchain 2024-07-04 14:15:06 -
Steve Ballmer surpasses Bill Gates to become the sixth richest person in the world
Steve Ballmer surpasses Bill Gates to become the sixth richest person in the world Steve Ballmer, former CEO of Microsoft, has surpassed the company's co-founder Bill Gates in wealth, marking the first time Gates has been overtaken by a former subordinate. This shift occurred on July 3rd, with Bloomberg's Billionaires Index indicating Ballmer's net worth at an estimated $157...
Industry dynamics 2024-07-04 14:14:24
