Large language models, which underpin OpenAI’s ChatGPT are trained on massive datasets scraped from the internet. Reddit is in early talks to strike its next content-sharing agreement with Alphabet Inc.’s Google, aiming to extract more value from future deals now that its data plays a prominent role in search results and generative AI training. Reddit,… Continue reading Reddit seeks to strike next AI content pact with Google, OpenAI
Author: Economic Times of India Online News
India’s energy transition should be embedded in overall development strategy: Bery
“Grid designing and grid financing are going to be a big deal…India should try low-cost production of EVs and solar panels,” he added. Niti Aayog Vice Chairman Suman Bery on Wednesday said India’s energy transition should be embedded in the overall development strategy of the country. Addressing a session at ‘FT Live Energy Transition Summit… Continue reading India’s energy transition should be embedded in overall development strategy: Bery
China is sending its world-beating auto industry into a tailspin
Chinese electric vehicles start at less than $10,000; in the U.S., automakers offer just a few under $35,000. On the outskirts of this city of 21 million, a showroom in a shopping mall offers extraordinary deals on new cars. Visitors can choose from some 5,000 vehicles. Locally made Audis are 50 per cent off. A… Continue reading China is sending its world-beating auto industry into a tailspin
China’s car glut fuels fire-sale discounts, gray markets and auto graveyards
These deals are offered by a company called Zcar, which says it buys in bulk from automakers and dealerships. On the outskirts of this city of 21 million, a showroom in a shopping mall offers extraordinary deals on new cars. Visitors can choose from some 5,000 vehicles. Locally made Audis are 50 per cent off.… Continue reading China’s car glut fuels fire-sale discounts, gray markets and auto graveyards
US to consider new national security tariffs on auto parts
US President Donald Trump The US Commerce Department said Tuesday it will consider industry requests to impose tariffs on additional imported auto parts in the coming weeks on national security grounds. In May, Trump imposed 25 per cent auto tariffs on more than $460 billion worth of imports of vehicles and auto parts annually, but… Continue reading US to consider new national security tariffs on auto parts
US manufacturing output unexpectedly rises on rebound in motor vehicle production
Motor vehicle and parts production rebounded 2.6 per cent last month after declining 0.7 per cent in July. US factory production unexpectedly increased in August amid a rebound in the output of motor vehicles and some nondurable goods, though tariffs continued to cast a shadow over the manufacturing sector. Manufacturing output rose 0.2 per cent… Continue reading US manufacturing output unexpectedly rises on rebound in motor vehicle production
Banks see car loan cancellations as customers await GST-driven price drops
Menon stated that the tax cut is expected to widen mobility access and inject fresh momentum into the automotive sector during the upcoming festive season. As the date for the implementation of Goods and Services Tax (GST) rate cut comes close, many potential vehicle buyers deferred purchases in anticipation of lower prices. Not only the… Continue reading Banks see car loan cancellations as customers await GST-driven price drops
Self-healing polymer by IIT-Bhilai team to boost safety for EVs & aerospace sectors
The researchers used a low-cost, scalable method to create the polymer, making it suitable for industrial use. Researchers at the Indian Institute of Technology (IIT), Bhilai, have developed a self-healing polymer that can repair itself at room temperature. The breakthrough material, described as “impact-resistant,” could enhance the safety and longevity of electric vehicles, aircraft, and… Continue reading Self-healing polymer by IIT-Bhilai team to boost safety for EVs & aerospace sectors
Auto exports to South Korea rise over 8% in August despite US tariffs
South Korea’s car exports rose 8.6% in August, driven by strong EV demand in Europe despite US tariffs. South Korea’s car exports increased 8.6 per cent from a year earlier in August despite US tariffs, thanks to robust demand for electric vehicles (EVs) in Europe, data showed on Tuesday. The value of outbound shipments of… Continue reading Auto exports to South Korea rise over 8% in August despite US tariffs
Ford is moving its world headquarters for the first time in 7 decades to a new campus 3 miles away
Ford’s new home base is on the site of the former Product Development Center. The venerable carmaker is moving its headquarters for the first time in seven decades, relocating to a newly constructed building 3 miles (5 kilometers) away in its longtime home of Dearborn, Michigan. The new 2.1-million-square-foot (195,096-square meter) structure formally will be… Continue reading Ford is moving its world headquarters for the first time in 7 decades to a new campus 3 miles away