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Regulatory Credits: A Lucrative Side Business At The Expense Of Regulatory Incentives

Tesla's Lucrative Business Model In an unexpected turn of events, Tesla, known for its exclusive focus on pure Battery Electric Vehicles (BEVs), has amassed a staggering $9 billion since 2009 by assisting competitors in selling internal combustion engine cars. This unconventional revenue stream, primarily driven by regulatory credits, has become a significant source of income for Elon Musk's tech-forward company.…

Tim Cook on headset launch day: “Apple Vision Pro costs $3,500 because it’s the technology of the future, the iPhone introduced us to the mobile computer”

On the day of the highly-anticipated launch of Apple's Vision Pro headset, Tim Cook, the CEO of Apple, took the stage in New York to share his insights with ABC reporters. Cook enthusiastically spoke about the future possibilities of this cutting-edge device. A Spatial Revolution: The First Spatial Computer "I think it [Apple Vision Pro] will be used in many…

USPTO Asserts: AI Cannot Be Listed as Inventors, but Humans Can Leverage AI Tools for Patents

The U.S. Patent and Trademark Office (USPTO) has declared that artificial intelligence (AI) systems cannot be named as inventors in patent applications. The recent guidance, following public hearings, emphasizes that individuals can utilize AI tools in the inventive process but must disclose this information during patent registration. AI's Role in Inventions: Limited Recognition The USPTO underscores that while AI and…

Artificial intelligence companies lost $190 billion in market value after Google and Microsoft reports

In a surprising turn of events, the quarterly reports from tech giants Google and Microsoft have sent shockwaves through the artificial intelligence (AI) landscape, resulting in a staggering $190 billion loss in market capitalization for AI-related companies. Google's Ad Revenue Stumble Rattles AI Market Alphabet, Google's parent company, experienced a 5.6% drop in shares after its December ad revenue failed…

Stellantis Drives into the Future: Peugeot Cars to Revolutionize Communication with ChatGPT

Paris, January 30, 2024 - In a groundbreaking move, French automotive giant Peugeot, under the Stellantis umbrella, has unveiled plans to transform the driving experience through the integration of ChatGPT into its cars and vans. This announcement places Peugeot in league with industry competitors Volkswagen and Mercedes-Benz, all leveraging the capabilities of the increasingly popular AI chatbot. Jérôme Micheron, Peugeot's…

Intel Overtakes Samsung: Shakeup in Global Semiconductor Chip Rankings

Samsung has lost its coveted position as the world's largest semiconductor chip company. The latest data from Counterpoint Research reveals a substantial decline in Samsung Electronics' chip division revenue, plummeting from $70.2 billion in 2022 to $43.4 billion in 2023, marking a staggering 38% drop. The decline is attributed to the downturn in the memory chip market and Samsung's struggle…

Elon Musk’s company Neuralink celebrates historic achievement: implanting a brain chip in the first human being

Elon Musk's Neuralink has successfully implanted a brain chip into a human for the first time. The billionaire entrepreneur and founder of Neuralink announced this monumental achievement in a post on his social media platform X, revealing that the procedure took place on Sunday and that the patient is already showing signs of improvement. Milestone for Neuralink's Ambitions This development…

Galaxy S24 Ultra – Samsung’s New Flagship Redefines Innovation with AI Integration at a Premium Price of $1299

Samsung has just unveiled its latest flagship smartphone, the Galaxy S24 Ultra, promising a leap in innovation and performance. While visually reminiscent of its predecessor, the S23 Ultra, the S24 Ultra boasts a frame crafted from titanium alloy, a material known for its durability and scratch resistance. Surprisingly, the use of titanium has not added any weight; in fact, the…

Microsoft’s value exceeds $3 trillion for the first time in the company’s nearly 50-year history

Microsoft's market value has soared past $3 trillion for the first time in its nearly five-decade-long history, solidifying its position as a tech giant and trailblazer in the realm of artificial intelligence. The surge in investor interest comes on the heels of Microsoft's strategic integration of AI technologies into its products, with updates and innovations being announced almost weekly. Following…

Samsung Unveils Galaxy Ring: A Revolutionary Smart Ring for Fitness and Health

Samsung left the audience in anticipation with a glimpse of their upcoming fitness innovation - the Galaxy Ring smart ring. Details about the Galaxy Ring remain scant, with only a render and a name revealed so far. Samsung tantalizes consumers with the promise of a "powerful and affordable" health device, keeping specs, pricing, and release dates under wraps for now.…

Apple Dethrones Samsung: A New Era in Smartphone Dominance

Apple has eclipsed Samsung as the world's largest smartphone manufacturer, ending Samsung's decade-long reign. According to a recent IDC report, Apple's ascendancy in 2023 marks the first time since Nokia's era in 2010 that Samsung has relinquished its lead. Apple's strategy of consistent growth in the premium segment, coupled with robust U.S. sales and innovative programs, catapulted it to the…

VW together with Bosch is testing a system of automatic parking and charging of electric cars, and will install ChatGPT in cars

Volkswagen and Bosch are reshaping the landscape of electric vehicle (EV) charging and parking, introducing an innovative autonomous system. The German automaker, in partnership with Bosch, is testing a groundbreaking automated parking and charging system. The system directs driverless electric cars to available parking spaces equipped with charging stations, where a charging robot takes over the charging process. Once charging…

Telegram Premium Surges: Durov Celebrates 5 Million Subscribers, Defies Critics

Pavel Durov, the enigmatic founder of Telegram, announced that the number of Telegram Premium subscribers has soared past the 5 million mark. The renowned messenger's premium service witnessed an extraordinary surge of one million new subscribers in just a month, marking a rapid acceleration in growth. While Durov's initial benchmark of 20 million premium users to cover all costs remains…