Iluvatar Corex, a Chinese developer of graphics processing units (GPUs) for general-purpose computing, has raked in over 1 billion yuan ($148.4 million) in two tranches as part of its extended Series C funding round. The firm will use the capital to invest to develop artificial intelligence (AI) chips. The Shanghai-based startup secured part of the… Continue reading Chinese GPU developer Iluvatar Corex nets $148m in extended Series C roundThe firm’s products are used in a range of computing devices from laptops to…
Tag: Mobility
City of Boston Partners with ParkMobile to Launch a New Version of the ParkBoston App
“We are very excited to launch our upgraded ParkBoston app, providing our residents and visitors with a better way to pay for parking on their mobile device,” said Jascha Franklin-Hodge, Chief of Streets for the City of Boston. “This new app offers an improved user experience and supports our goal of making City services convenient,… Continue reading City of Boston Partners with ParkMobile to Launch a New Version of the ParkBoston App
Boeing Unveils Model to Show Best Routes to Zero Carbon Future
“There are multiple ways to a future where aviation has zero climate impact. We created Cascade on a foundation of credible data and analytical models to allow users to explore various pathways to net-zero. We think this model will help our industry visualize, for the first time, the real climate impact of each solution, from… Continue reading Boeing Unveils Model to Show Best Routes to Zero Carbon Future
Motion Control Market Size to Reach $23,286.4 Million by 2030, says P&S Intelligence
NEW YORK, July 18, 2022 /PRNewswire/ — According to the latest market research study published by P&S Intelligence, the size of the motion control market was $14,887.5 million in 2021, and it will grow at a rate of about 5% in the coming years, to reach $23,286.4 million by the year 2030. The major factors responsible… Continue reading Motion Control Market Size to Reach $23,286.4 Million by 2030, says P&S Intelligence
@Hyundai: Hyundai Motor Group’s Supernal Unveils eVTOL Vehicle Cabin Concept at 2022 Farnborough International Airshow
First details on how Hyundai Motor Group is integrating extensive mobility capabilities to develop commercial urban and regional air vehicles and surrounding market Supernal (the Company) today revealed its initial eVTOL vehicle cabin concept at Farnborough International Airshow, providing the first look at how Hyundai Motor Group (the Group) is integrating automotive capabilities to develop… Continue reading @Hyundai: Hyundai Motor Group’s Supernal Unveils eVTOL Vehicle Cabin Concept at 2022 Farnborough International Airshow
Green hydrogen demand in steel, mobility, natural gas sectors to require $78-bn funding in India
New Delhi: If India achieves the target of 5 MTPA green hydrogen production, then it would save about Rs 40,000 crore on annual energy import bills, said Hemant Mallya, senior programme lead, and Deepak Yadav, programme associate, Council on Energy, Environment, and Water (CEEW) in an exclusive interview with ETEnergyworld. Edited excerpts: How much capital… Continue reading Green hydrogen demand in steel, mobility, natural gas sectors to require $78-bn funding in India
TOPSY-TURVY WORLD
Till a few weeks ago, the world was focused on Russia and China — the former for its inexplicable aggression unleashed on Ukraine while the latter was in the news for the stringent lockdown imposed in Shanghai. Today, the war continues except that Russia does not seem to show any signs of vulnerability despite being… Continue reading TOPSY-TURVY WORLD
New Kia EV9 primed as premium electric range-topper
Kia will look to take on Range Rover with its new EV9 electric SUV, which is set to arrive in the UK next year. Spotted testing on European roads for the first time, the Kia EV9 will be the Korean brand’s largest European model so far, sitting at the top of its range. It was… Continue reading New Kia EV9 primed as premium electric range-topper
SkyDrop Celebrates Seven-Year Anniversary of the ‘Kitty Hawk Moment’, the First FAA-Approved Drone Delivery in American History
The delivery drone that made this first delivery will be going on display in the “Thomas W. Haas We All Fly” exhibition at the Smithsonian’s National Air and Space Museum in 2022. The museum also displays the 1903 Wright Flyer that made the first official flight of a powered heavier-than-air flying machine. A historical marker memorializing this… Continue reading SkyDrop Celebrates Seven-Year Anniversary of the ‘Kitty Hawk Moment’, the First FAA-Approved Drone Delivery in American History
Cars24 revs up strategy to optimise used car demand
Along with achieving higher ease of business with a phygital model for buying and selling used cars, Gurugram-based start-up Cars24 is now bullish on the refurbishment of its inventory. In late 2021, the company invested close to Rs 50 crore in setting up seven mega refurbishment labs (MRLs) that will turnaround 2,000-3,000 cars every month.… Continue reading Cars24 revs up strategy to optimise used car demand