Accelerates

Chinese electric-car maker XPeng seems to making progress in its bid to turn profitable this year, guiding for more sales growth after posting a sharply narrowed net loss and record-high revenue. Chinese electric-car maker XPeng seems to making progress in its bid to turn profitable this year, guiding for more sales growth after posting a sharply narrowed net loss and record-high revenue. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of…

Lightmatter, a company founded by MIT alumni, is pioneering the use of light for data processing and transfer to address the limitations of traditional computing methods. (Artist’s concept.) Credit: SciTechDaily.comLightmatter, founded by three MIT alumni, is using photonic technologies to reinvent how chips communicate and calculate.Our ability to cram ever-smaller transistors onto a chip has enabled today’s age of ubiquitous computing. But that approach is finally running into limits, with some experts declaring an end…

Tesla is talking about soon bringing the Cybertruck to Canada while Rivian quickly accelerates deliveries in the market. The automaker started delivering Cybertruck to customers in the US, primarily in Texas and California, late last year. It has slowly started to expand throughout the US. Generally, it takes a while for Tesla to expand to another market, generally Canada first, after launching in the US. Rohan Patel, head of government affairs and business development at Tesla, was asked about…

Japan's efforts to rebuild its semiconductor industry are getting a shot in the arm as more and more Taiwanese chip companies expand here - not only to support a new TSMC plant but also excited about the Japanese sector's prospects.The influx comes amid shifting alliances and priorities in the global chip industry as the United States pushes to limit China's progress in cutting-edge semiconductors and strengthen partnerships between its allies. Elevate Your Tech Prowess with High-Value Skill CoursesOffering…

Y Combinator is putting hard tech in the spotlight. On Wednesday, the accelerator released an updated list of ideas it would like to see in applications — with categories like space, manufacturing and defense featured prominently. YC has backed plenty of hard tech startups before. Launch companies Stoke Space and Relativity Space and satellite broadband provider Astranis are among its alumnus. The accelerator’s biggest exit is still General Motors’ $1 billion purchase of autonomous vehicle company Cruise Automation…

WASHINGTON — A measure of consumer sentiment ticked higher this month, after soaring in December and January, underscoring that Americans are starting to feel better about the economy after several years of gloom. The University of Michigan’s consumer sentiment index, released Friday, ticked up to 79.6 in February, from 79 in January. The small gain followed two months of sharp increases that were the largest in more than 30 years. How Americans feel could impact the presidential race this year, which will likely focus…

Last Updated: February 09, 2024, 17:26 ISTDelhi Metro: Central Government Accelerates Rithala-Kundli Corridor Project For Quick Connectivity. (File photo)Central Govt fast-tracks Delhi & Bangalore Metro projects, aiming for seamless city connectivity & economic growth nationwide.The Central government has accelerated the Rithala-Bawana-Narela–Kundli urban transit metro corridor of Delhi Metro Rail Corporation (DMRC) in the NCR region.The Commerce and Industry Ministry announced on Friday that the project was…

Net profit at Stanbic IBTC Holdings, the local unit of Africa’s biggest bank, Standard Bank, shot 74 per cent to its peak since inception three decades and a half ago, its unaudited accounts issued Wednesday showed. The jump was recorded on the back of higher interest income. Unstoppable inflation continues to create a boom for Nigerian lenders, prompting the CBN to raise the reference rate by 18.6 per cent last year to slow galloping price levels, enabling banks to charge more for loans. It earned Stanbic IBTC…

Credit: Pixabay/CC0 Public Domain The world experienced an unprecedented heat wave in 2022, and this long duration and extreme heat wave event aroused widespread concern. Heat wave events have a huge impact on the global melting of glaciers. Urumqi Glacier No. 1 is the only one in China with more than 30 years of continuous glaciological mass balance…

Things can get ugly and inefficient when a ground effect vehicle accidentally skims the water, adding significant drag that can drastically slow it down, wrench it sideways or just cost energy. One inventor is solving this problem with paddle wheels.Ground effect vehicles are an exotic form of extremely low-flying aircraft, staying within their wingspan of the surface below to ride on a cushion of high-pressure air that gives them extra lift. The closer, the better; if you stay within 5% of the wingspan, the resulting…