Microsoft and Meta extend their AI partnership. Meta will use Microsoft's Azure cloud to accelerate its AI research and development. Microsoft also announced a new Arm-based dev kit running on the Qualcomm Snapdragon platform. Microsoft's OpenAI service is now available in preview for preview.
Lucid has issued a recall for the 2022 Air due to potential issues stemming from the car's wiring harness. Unsecured wires on 2022 Air vehicles could cause the car’s displays to turn off. This would present a hazard in violation of the Federal Motor Vehicle Safety Standards. The notice states that the potential number of affected vehicles is 1,117.
Speaking to CNBC’s “Squawk Box Europe” at the World Economic Forum in Davos, Switzerland, on Tuesday, Herbert Diess said alleviating supply chain issues would likely help create some momentum for the German auto giant over the coming months.
“Markets are always about the future,” Diess said when asked why investors valued Tesla at such a premium to other traditional carmakers.
“We are still aiming at keeping up and probably overtaking by 2025 when it comes to sales,” Diess said.
Elon Musk noted that his personal financial commitment to the Twitter deal is now $33.5 billion. Musk reiterated his commitment to completing the $44 billion deal, and is working on additional financing.
Shares of Twitter rose more than 5% after hours on the news, while Tesla shares dipped about 1%.
SiMa.ai is developing a system-on-chip platform for AI applications. The company has raised $30 million in new funding. Si Ma.ai aims to work with companies developing driverless cars, robots, medical devices, drones and more. A recent ZDNet piece says the AI edge chip market is booming.
Google's rumored folding phone has been delayed until next spring, according to reports. The company was originally expected to unveil the device in 2021, but that prediction has been pushed back to 2022. Sources say the phone's release date has been postponed because it isn't finished yet.
South Korea is investing $200 million in its domestic " metaverse ecosystem" The goal is to turn the country into the fifth-largest metaverse market by number of users by 2026. The funding is part of an ambitious plan called the ‘Digital New Deal’
Since its first iteration went live in 2018, Uniswap has seen over $1 trillion in crypto be traded on the decentralized exchange (DEX) protocol. The decentralized exchange hit this lifetime cumulative trading volume mark on Tuesday, according to an announcement on Twitter from Uniswap Labs.
Uniswap has dominated the decentralized exchange market since last year, in terms of trade volume, according to data compiled by The Block Research.
Microsoft announces Kawasaki is a new customer for its "industrial metaverse" Microsoft's industrial metaverse uses augmented reality to help workers and managers build products faster and more efficiently. Kawasaki joins Heinz, Boeing and Boeing as manufacturing partners for the company's augmented reality headset.
Coinbase Global is the first cryptocurrency company to make the Fortune 500. The San Francisco-based company went public in April 2021 through a direct listing. The company's 2021 revenue was $7.8 billion, just over the minimum $6.4 billion needed to make it on the list.
Polestar has announced its investment in Israeli battery manufacturer StoreDot. The company has developed a new type of battery that can be charged in just two minutes. It expects its batteries to deliver 160km of charge in five minutes by 2024, three minutes by 2028, and a mere two minutes by 2030.