Science and Technology

Ferrari Ventures Into Electric Age Amid Industry Challenges

Ferrari Ventures Into Electric Age Amid Industry Challenges

More news - Latest news In a new factory in northern Italy, Ferrari chassis slide onto robot trucks as engineers in cherry-red uniforms add components like the engine block, dashboard, and steering wheel, turning these bodies into hybrids. Soon: fully electric. There’s a lot at stake in Ferrari’s €200 million “e-building,” which opened last month. Almost twice the size of Rome’s Colosseum, the factory aims to propel the 77-year-old sports car maker, famous for the roar of its combustion engines, into the age of electrification. However, this effort comes at a delicate time for the auto industry. The transition to…
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Building Global Supply Chains: US Strategy to Mitigate Risks with China

Building Global Supply Chains: US Strategy to Mitigate Risks with China

More news - Latest news If the Biden administration is successful, many more electronic chips will be produced in factories located in, say, Texas or Arizona. These chips will then be shipped to partner countries like Costa Rica, Vietnam, or Kenya for final assembly and global distribution, powering everything from refrigerators to supercomputers. These places aren’t the first that come to mind when you think of semiconductors. But administration officials are trying to transform the global chip supply chain, and they’re negotiating hard to make that happen. Key elements of the plan include convincing foreign companies to invest in U.S.…
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How to Optimize Your Phone’s Photo Library for More Storage Space

How to Optimize Your Phone’s Photo Library for More Storage Space

Related media - News 24 hours Is your phone constantly warning you about low storage space? Do you find yourself endlessly scrolling to find a particular photo? Over time, our phones accumulate countless images, apps, and files that can clog up space. Here's how to effectively clean up your photo library and free up storage space using tools readily available on your device. Check your storage space First, assess how much space is left on your device and identify what is taking up space. For Android users, go to the Settings app and select Storage. On Samsung Galaxy devices, go…
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Investors Plough .1 Billion Into AI Startups Despite Economic Struggles

Investors Plough $27.1 Billion Into AI Startups Despite Economic Struggles

More news - Recent news In May, CoreWeave, a provider of cloud computing services for AI companies, raised $1.1 billion, followed by $7.5 billion in debt, reaching a valuation of $19 billion. Scale AI, a data provider for AI companies, secured $1 billion, at a valuation of $13.8 billion. Additionally, xAI, founded by Elon Musk, raised $6 billion, reaching a valuation of $24 billion. According to Kyle Stanford, research analyst at PitchBook, these funding rounds have increased overall deal volume in the industry, both in terms of dollar amounts and number of deals. "It's not declining anymore," he said. "The…
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