These times are very trying and it’s understandable if someone goes a little off the deep end once in a while. Just like Norman Bates said in Psycho, “We all go a little mad sometimes.” However, a new Xbox ad campaign has us a little concerned. Microsoft launched a new marketing campaign for its Xbox… Continue reading The new Xbox ad campaign is confused about what an Xbox is
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The EU publishes the first draft of regulatory guidance for general purpose AI models
On Thursday, the European Union published its first draft of a Code of Practice for general purpose AI (GPAI) models. The document, which won’t be finalized until May, lays out guidelines for managing risks — and giving companies a blueprint to comply and avoid hefty penalties. The EU’s AI Act came into force on August… Continue reading The EU publishes the first draft of regulatory guidance for general purpose AI models
Here’s a fresh look at the Half-Life 2 RTX remaster
[embedded content] We initially heard about a team modding an RTX remaster of Half-Life 2 last August. Today, NVIDIA released a trailer giving fans a behind-the-scenes look at Orbifold Studios’ efforts to apply more modern graphics tools to the iconic title. The video highlights the RTX Remix engine and how the team is using it… Continue reading Here’s a fresh look at the Half-Life 2 RTX remaster
Software for car dealers: MobilApp wins innovation award
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Can European car makers counter China by “working smarter”?
Penny for the thoughts of Stellantis CEO Carlos Tavares when the bombshell news broke of the Volkswagen Group’s decision to close factories in Germany for the first time. The seismic VW restructure is the result of slowing demand for electric vehicles, coupled with a spiralling cost base. In its development of electric vehicles, VW has… Continue reading Can European car makers counter China by “working smarter”?
Chinese self-driving firm Pony AI seeks to raise up to $195m in US IPOIt is eyeing a valuation of up to $4.48b in the upcoming IPO.
Pony AI is seeking a valuation of up to $4.48 billion in its U.S. initial public offering, it said on Thursday, as the Chinese self-driving firm moves ahead with its long-sought plan for a New York listing. Pony, founded in 2016 and backed by Japanese automaker Toyota, aims to raise up to $195 million by… Continue reading Chinese self-driving firm Pony AI seeks to raise up to $195m in US IPOIt is eyeing a valuation of up to $4.48b in the upcoming IPO.
FMO proposes $15m investment in Excelsior Capital Vietnam’s Fund IIExcelsior Vietnam II is a $200m, sector-agnostic PE fund.
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Vynn Capital leads $1.85m funding in Malaysian robotics firm DF AutoExisting backer MTDC and new investor Leave a Nest Capital joined the round.
Malaysian robotics company DF Automation & Robotics (DF Auto) has secured $1.85 million in a fresh funding round led by Vynn Capital, according to an announcement. The round was joined by existing investor Malaysian Technology Development Corporation (MTDC), new investor Japan’s Leave a Nest Capital and individual investors through equity crowdsourcing. Vynn Capital invested in… Continue reading Vynn Capital leads $1.85m funding in Malaysian robotics firm DF AutoExisting backer MTDC and new investor Leave a Nest Capital joined the round.
Gulf SWFs to adopt diversified fund approach to boost non-oil growthThey are exploring new fund strategies, such as country-specific vehicles, says e…
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The world’s biggest battery maker says Elon Musk’s 4680 cell ‘is going to fail’
/ The chairman of CATL isn’t a believer in Elon’s cylindrical battery quest. By Umar Shakir, a news writer fond of the electric vehicle lifestyle and things that plug in via USB-C. He spent over 15 years in IT support before joining The Verge. Share this story Image: Tesla Robin Zeng, the founder of the… Continue reading The world’s biggest battery maker says Elon Musk’s 4680 cell ‘is going to fail’