There was nothing electric about electric vehicle (EV) maker Tesla’s latest financial results. The company reported its first quarter 2024 earnings results Tuesday (April 23), disclosing a 55% drop in profits when compared to the same period last year. “We experienced numerous challenges in Q1, from the Red Sea conflict and the arson attack at Gigafactory …
The artificial intelligence (AI) gold rush is in full swing. The technology-heavy Nasdaq Composite advanced 31% over the past year as investors piled into the market, hoping to strike it rich. Sentiment is still running hot, but it’s important to be choosy when buying stocks. Not every company will be a long-term winner, and not …
Stocks started the day higher but fell later, as investors grew more cautious as Wednesday went on. The biggest jolts came from the technology and AI sectors, as major stocks fell. ChatGPT requires 15 times more energy than a traditional web search, says Arm exec The Dow Jones Industrial Average lost 45 points, or about 0.1%, to end …
Huawei Technologies launched its revamped Luxeed S7 electric sedan, co-developed with Chinese carmaker Chery Auto, and a new personal computer (PC) with built-in artificial intelligence (AI) support at its latest event on Thursday, but there was no mention of the highly anticipated P70 smartphone. The new version of the Luxeed S7 – the first version …
Tesla CEO Elon Musk said the electric vehicle giant is giving its artificial intelligence engineers a raise as the automaker tries to fend off poaching efforts by ChatGPT creator OpenAI. The tech billionaire made the revelation in a series of X posts Wednesday, confirming a report from The Information that Tesla machine-learning scientist Ethan Knight left for …
Is Sam Altman’s OpenAI, the world leader in generative artificial intelligence, trying to poach staff away from Tesla’s Autopilot team? Elon Musk certainly wants people to think so. After news emerged on Wednesday that Tesla’s Ethan Knight became the carmaker’s fourth engineer to join to Musk’s latest startup, xAI, the centibillionaire claimed his employee was planning to defect …
This is a published version of the Forbes Daily newsletter, you can sign-up to get Forbes Daily in your inbox here. Good morning, We’re one week away from a total solar eclipse in the U.S., and Niagara Falls is bracing for the “largest influx of visitors” the city has ever had. Dozens of school districts …
In a momentous unveiling, Nvidia’s CEO, Jensen Huang, recently introduced the Blackwell chip, heralding a new era in computing technology. With its unrivaled processing power and energy efficiency, the Blackwell chip represents a quantum leap forward, redefining what computers can achieve. As Nvidia cements its position as an industry leader, it finds a strategic ally …
March 5, 2024 By Not a Tesla App Staff Tesla is finally getting ready to release support for the Apple Watch and presumably Android wear devices. It’s anyone’s guess if development for smartwatches has been in the works or if the Tesla team found out at the same time as the rest of us. Despite …
Washington — The Biden administration said Thursday it plans to investigate the national security risks posed by internet-connected vehicles from China, a probe that could result in a ban on Chinese vehicles in the United States. Administration officials noted that a potential ban on connected vehicles — or CVs — resulting from the investigation is …