Nvidia supplier SK Hynix posts record quarterly profit as AI boom drives demand

Posted on October 24, 2024 by Techme101

Operating profit for the third-quarter hit 7.03 trillion won ($5.08 billion), a record high, beating LSEG forecast of 6.8 trillion won.

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Tesla is testing a robotaxi service that Elon Musk claims will launch next year

Posted on October 24, 2024 by Techme101

Elon Musk said he hopes to launch a service that will let people hail self-driving Tesla vehicles in California and Texas sometime in 2025 — and claims his company has already been testing the service in the Bay Area with employees. The comments, made Wednesday on Tesla’s third-quarter earnings call, go farther than what Musk […]
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The Space Development Agency taps 19 companies for future defense demo missions

Posted on October 23, 2024 by Techme101

The Space Development Agency has selected 19 companies to compete for future contracts under a new program designed to rapidly onboard new contractors for defense demonstration missions. Each company will receive an initial $20,000 to cover administrative expenses.  These companies have essentially been preapproved to bid on future prototype missions to support the SDA’s Proliferated Warfighter […]
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Bessemer, Index, and a16z alum launch VC firm Chemistry

Posted on October 23, 2024 by Techme101

New VC firm Chemistry raised $350 million for its debut fund, Forbes reported on Wednesday. The firm was launched by Mark Goldberg, former partner at Index Ventures; Kristina Shen, former general partner at Andreessen Horowitz; and Ethan Kurzweil, former partner at Bessemer (pictured above in that order). Axios first reported in April that the three […]
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Boox’s phone-size e-reader gets faster processing and a fingerprint reader

Posted on October 23, 2024 by Techme101

In 2023, Boox turned heads with the Palma. The device blurred the line between e-readers and smartphones, by combining e-paper with Android. The initial pitch was something along the lines of a phone-sized Kindle that’s small enough to slip into a pocket. The product would be enticing for many if that were the only thing […]
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Tesla Cybertruck pushes past Ford Mach-E to become third best-selling EV in America

Posted on October 23, 2024 by Techme101

Tesla’s Cybertruck was the third best-selling electric vehicle in the United States in the third quarter, beating out every other EV not made by Tesla. The only two vehicles that sold better were the Model 3 sedan and Model Y SUV. The polarizing truck notched this achievement despite selling at its most expensive trim model […]
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IBM stock slips on disappointing consulting and infrastructure revenue

Posted on October 23, 2024 by Techme101

IBM’s critical software category performed well due to Red Hat’s gains, but the consulting and infrastructure segments pulled down overall results.

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Beleaguered startup Humane drops AI Pin price by $200

Posted on October 23, 2024 by Techme101

Humane on Wednesday announced a $200 price cut to its flagship product, the AI Pin. The Bay Area startup, founded by two former Apple executives, has reportedly struggled to sell the product, which launched in April for $700. In a message sent to its email list, Humane highlights its return policy in the new pitch. […]
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Tesla investors have a lot of questions for Musk about Trump

Posted on October 23, 2024 by Techme101

On a forum that Tesla uses to solicit questions from investors ahead of earnings, there are a bunch of questions about Republican nominee Donald Trump.

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Claude 3.5 Sonnet Can Control Your Computer

Posted on October 23, 2024 by Techme101

Claude 3.5 Sonnet can navigate user interfaces, move cursors, click buttons, and type text.

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