The Porsche and Piëch families have benefited from the VW Group’s high dividends for decades. But the owners’ dependence paralyzes the company in the crisis. Go to Source
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German Handelsblatt: Auto industry: VW weakness puts the Porsche-Piëch family under pressure012021
The Porsche and Piëch families have benefited from the VW Group’s high dividends for decades. But the owners’ dependence paralyzes the company in the crisis. Go to Source
Marelli Unveils Affordable 5G RedCap Technology for Automotive Telematics
Global automotive technology supplier Marelli has announced the development of its Affordable 5G RedCap (Reduced Capability) technology designed for vehicle telematics systems. The solution aims to bridge the gap between existing 4G networks and full-scale 5G infrastructure at a competitive price point. The technology delivers a 50% increase in data rates and 2.5 times lower… Continue reading Marelli Unveils Affordable 5G RedCap Technology for Automotive Telematics
Tesla CEO Elon Musk claims driverless Robotaxis coming to Austin in 3 weeks
Tesla CEO Elon Musk said the company will remove “safety monitors” from the passenger seats of Tesla’s Robotaxi vehicles in “about three weeks,” which would mean we’d see completely driverless Teslas in the Austin area potentially by the end of the year – if that timeline sticks. Tesla has been working on a system that… Continue reading Tesla CEO Elon Musk claims driverless Robotaxis coming to Austin in 3 weeks
Details Emerge on Sam Altman’s Panic Sweats
Win McNamee/Getty Images OpenAI has long made it its number one goal to realize artificial general intelligence, which it described in a 2023 blog post as “AI systems that are generally smarter than humans,” and which will benefit “all of humanity.” Since then, experts have often accused the company of repeatedly shifting the goalposts, greatly… Continue reading Details Emerge on Sam Altman’s Panic Sweats
Grok, Now Built Into Teslas for Navigation, Says It Would Run Over a Billion Children to Avoid Hitting Elon Musk
Illustration by Tag Hartman-Simkins / Futurism. Source: Tom Brenner For The Washington Post via Getty At least Grok has its priorities straight: it would rather sacrifice droves of children instead of its creator, Elon Musk. On X, where the AI model is allowed to run wild and respond to all kinds of user inquiries, the… Continue reading Grok, Now Built Into Teslas for Navigation, Says It Would Run Over a Billion Children to Avoid Hitting Elon Musk
German Handelsblatt: Electromobility: VW owners’ skepticism grows: Battery subsidiary Powerco’s budget slashed012019
Producing its own batteries is expensive for Volkswagen. Powerco has to make do with less and less money. Also because the drive transition is making slow progress in Europe and America. Go to Source
German Handelsblatt: Electromobility: VW owners’ skepticism grows: Battery subsidiary Powerco’s budget slashed012019
Producing its own batteries is expensive for Volkswagen. Powerco has to make do with less and less money. Also because the drive transition is making slow progress in Europe and America. Go to Source
This Is the Best Razor I’ve Ever Used—Save Big With This Sale
Razors are one of the most heavily and competitively marketed products in American capitalism. Made with steel and plastic that costs a few pennies, but sold for a thousand percent profit, the razor market is the subject of vigorous academic study and debate. The founder of Gillette famously came up with a model of basically… Continue reading This Is the Best Razor I’ve Ever Used—Save Big With This Sale
Intel Takes Major Step in Plan to Acquire Chip Startup SambaNova
Intel has signed a term sheet to acquire the AI chip startup SambaNova Systems, two sources with direct knowledge of the agreement tell WIRED. The details of the term sheet are unknown. The agreement is nonbinding, meaning the deal is not yet finalized and could be dissolved without penalty. It could take weeks or even… Continue reading Intel Takes Major Step in Plan to Acquire Chip Startup SambaNova