Technology (Page 7)

In his most recent appeal to protect online data and information, Chinese President Xi Jinping stated that China must create a “solid” security barrier around its internet under the control of the ruling Communist Party. In a speech to authorities attending a two-day cybersecurity meeting in Beijing that ended onContinue Reading

After two years of delays, Tesla (TSLA.O) has completed construction of its first Cybertruck at the electric vehicle manufacturer’s plant in Austin, Texas, the company announced in a tweet on Saturday. According to Musk, Tesla would like to produce up to a quarter million Cybertrucks annually, depending on demand, atContinue Reading

The largest regulatory threat to the Microsoft-backed business yet comes from the U.S. Federal Trade Commission, which has launched an inquiry into OpenAI over allegations that it violated consumer protection rules by putting users’ personal information and reputations at danger. The manufacturer of the generative artificial intelligence chatbot ChatGPT, OpenAI,Continue Reading

A rocket engine blew up during a test in Japan on Friday, but no one was hurt, according to a ministry of education, science, and technology official. The Epsilon S engine explosion at the Japan Aerospace Exploration Agency (JAXA) testing facility is the most recent in a string of mishapsContinue Reading

According to the companies, Coatue led a new investment round for AI firm Nomic that brought in $17 million. The investment valued Nomic AI, a four-person team based in New York, at $100 million, demonstrating VCs’ persistent willingness to back startups with small teams developing successful AI products. Betaworks VenturesContinue Reading

Fisker (FSR.N) missed its second-quarter production target owing to a component shortfall, the electric vehicle company announced on Friday, sending its shares down 2% in premarket trading. The California-based company built 1,022 Ocean SUVs in the June quarter, which was lower than the 1,400-1,700 vehicles it had expected. “A fewContinue Reading

Fisker (FSR.N) missed its second-quarter production target owing to a component shortfall, the electric vehicle company announced on Friday, sending its shares down 2% in premarket trading. The California-based company built 1,022 Ocean SUVs in the June quarter, which was lower than the 1,400-1,700 vehicles it had expected. “A fewContinue Reading

Mercedes-Benz (MBGn.DE) announced on Friday that its electric vehicles in North America will use Tesla-developed charging technology beginning in 2025, as well as access to more than 12,000 Superchargers beginning next year. The company joins American rivals Ford (F.N) and General Motors (GM.N) in adopting the North American Charging StandardContinue Reading