Elon’s xAI Is Losing Staggering Amounts of Money

BRENDAN SMIALOWSKI/AFP via Getty Images Elon Musk constructed his personal mythology around a pair of weighty accomplishments: building actual, stable businesses around both rockets and electric cars. So far, he has yet to accomplish the same thing around his AI business. According to documents obtained by Bloomberg, xAI recorded a net loss of $1.46 billion… Continue reading Elon’s xAI Is Losing Staggering Amounts of Money

Telangana transport department logs ₹5,142 crore revenue in April–December

The department has instructed enforcement officials to conduct special inspections of private buses across the state. The Telangana transport department has reported revenue collection of ₹5,142 crore during the first nine months of the 2025–26 financial year. In a statement, the department said the revenue was generated from multiple streams, including life tax collections of… Continue reading Telangana transport department logs ₹5,142 crore revenue in April–December

India EV market hits 2.3 million sales in 2025, policy support, festive demand drive adoption

India’s broader automobile market recorded 28.2 million vehicle registrations in 2025, with two-wheelers remaining dominant, accounting for over 20 million units (72 per cent of total sales). India’s electric vehicle (EV) market crossed a major milestone in 2025, with total EV sales reaching 2.3 million units, accounting for 8 per cent of all new vehicle… Continue reading India EV market hits 2.3 million sales in 2025, policy support, festive demand drive adoption

GAC Magazine Battery and Solid-State Battery Win Top National Honor

BEIJING, Jan. 11, 2026 /PRNewswire/ — On December 29, the “Forging the Path to National Strength: China’s Manufacturing Achievements Under the 14th Five-Year Plan,” jointly organized by the National Museum of China and the Ministry of Industry and Information Technology, officially opened at the National Museum of China, showcasing more than 300 top national achievements. GAC’s… Continue reading GAC Magazine Battery and Solid-State Battery Win Top National Honor