Day: February 20, 2024
Volkswagen’s Vision: Electric Vehicles as the Key to U.S. Expansion
Volkswagen is trying to capitalize on the nostalgia for its iconic Beetle and Microbus models in its latest push to regain its status and sales in the United States. The carmaker, second only to Toyota globally, is a niche player in the U.S. Volkswagen aims to double its market share with the launch of electric […]
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Volkswagen’s Electric Vehicle Strategy for U.S. Growth
The iconic Volkswagen Beetle and Microbus have not been top sellers in the U.S. for quite some time, and Volkswagen hopes to recapture some of that excitement with its new electric models. The German carmaker is aiming to at least double its share of the U.S. market by the end of the decade, launching new […]
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Funding Frenzy: Anthropic, A.I.’s Hottest Start-Up, Takes Center Stage
Anthropic, a leading artificial intelligence start-up, has seen an incredible year of funding from major investors, including $450 million last May from Google and Salesforce. In total, Anthropic managed to haul in $7.3 billion, showing great promise in the A.I. industry. This funding has allowed Anthropic to make deals where technology is used in partnership […]
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GlobalFoundries Receives $1.5 Billion U.S. Award for Chip Manufacturing
The Biden administration has awarded a $1.5 billion grant to the New York-based chipmaker, GlobalFoundries. This is part of the government’s initiative to boost semiconductor manufacturing in the United States. In addition to the grant, the administration will make another $1.6 billion in federal loans available to GlobalFoundries. The funding will triple the company’s production […]
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The Watchful Gaze: When Eyes in the Sky Turn Towards You
The company Albedo Space is developing a new type of satellite with cameras that experts fear could invade privacy. The new satellite would be able to differentiate between adults, children, and sunbathers and would provide clear pictures of people. Albedo head Topher Haddad reassures people that the technology can capture people, but not necessarily identify […]
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