Category: News Type

What Is an Exaflop?

Computers are crunching more numbers than ever to crack the most complex problems of our time — how to cure diseases like COVID and cancer, mitigate climate change and more. These and other grand challenges ushered computing into today’s exascale era when top performance is often measured in exaflops. So, What’s an Exaflop? An exaflop… Continue reading What Is an Exaflop?

GM says it has enough EV battery raw materials to hit 2025 production target

General Motors Co. now has deals in place to source all of the raw materials it needs for the electric-vehicle batteries to meet a 2025 goal of having 1 million units of annual EV capacity in North America, the Detroit automaker said. In releasing its second-quarter earnings results Tuesday, GM announced three new binding supply… Continue reading GM says it has enough EV battery raw materials to hit 2025 production target

GM’s 2Q profits down 40% amid supply challenges, reaffirms full-year guidance

General Motors Co.’s second-quarter profits dropped roughly 40% year-over-year amid nagging supply-chain disruptions, even as the Detroit automaker forecast production improvements in the second half of the year and maintained its full-year earnings guidance. GM on Tuesday reported $1.7 billion in net income for the April-June period, down from $2.8 billion in the same period last… Continue reading GM’s 2Q profits down 40% amid supply challenges, reaffirms full-year guidance

US opens 3 probes of safety problems in Stellantis vehicles

Detroit — U.S. safety regulators have opened three investigations into safety problems with about 1.65 million vehicles made by Stellantis. The largest probe covers 1.34 million Jeep Cherokee small SUVs from the 2014 through 2020 model years. The National Highway Traffic Safety Administration says it has 80 complaints that the electronic parking brakes can turn on… Continue reading US opens 3 probes of safety problems in Stellantis vehicles