Tag: Tesla

Tesla’s Musk predicts AI will be smarter than the smartest human next year
9Apr By adminNo Comments
Technology

Tesla’s Musk predicts AI will be smarter than the smartest human next year

[ad_1] Tesla CEO Elon Musk on Monday predicted development of artificial intelligence that was smarter than the smartest human probably by next year, or by 2026.In a wide-ranging interview on X spaces that suffered multiple technology glitches, Musk also told Norway wealth fund CEO Nicolai Tangen that AI was constrained by the availability of electricity and that the next version of Grok, the AI chatbot from his xAI startup, was expected to be trained by May. "If you define AGI (artificial general intelligence) as smarter than the smartest human, I think it's probably next year, within two years," Musk said when asked about the timeline for development of AGI. The billionaire, who also co-founded OpenAI, said a lack of advanced chips was hampering the training of Grok's version 2 model....
Read More
Elon Musk is asking Apple to help in Tesla crash lawsuit- Details
6Apr By adminNo Comments
Technology

Elon Musk is asking Apple to help in Tesla crash lawsuit- Details

[ad_1] In an effort to strengthen its case in a heated lawsuit over the safety of its Autopilot system, Tesla is looking to Apple for help. The case, which stems from a fatal crash involving a Tesla Model X in 2018, resulted in a legal battle over the circumstances of the accident. The incident happened when the car, running in Autopilot mode, crashed with a safety barrier on US Highway 101 in Mountain View, California, killing Wei "Walter" Huang, a former Apple engineer. Huang's family filed a wrongful death lawsuit against Tesla, claiming that the Autopilot technology was flawed and contributed to the incident, reported 9to5mac. Also read: Tesla Cybertruck owner takes Apple Vision Pro on a drive! Know what happened On the other side, Tesla claims that Huang was distracted by his iPh...
Read More
Elon Musk set to reveal Tesla robotaxi amid shifting focus from low-cost EV production
6Apr By adminNo Comments
Technology

Elon Musk set to reveal Tesla robotaxi amid shifting focus from low-cost EV production

[ad_1] Tesla CEO Elon Musk has announced plans to reveal a Tesla robotaxi on August 8, countering recent reports suggesting a shift in the company's focus away from a low-cost electric vehicle (EV). The announcement follows Musk's dismissal of a Reuters report, which claimed Tesla was abandoning its $25,000 EV project in favour of prioritising the development of a robotaxi.Strategic Shift Amidst Sales StrugglesTesla's decision comes amid sluggish EV sales and declining profits, prompting Musk to seek alternative avenues to bolster the company's performance. Reports indicated that Tesla intended to utilise the same platform for both the low-cost EV and the robotaxi, leading to speculation about the company's strategic direction, Techcrunch reported.  Also read: Google to introduce new to...
Read More
Nvidia becomes Tesla’s successor as market flips from EV to AI
4Mar By adminNo Comments
Technology

Nvidia becomes Tesla’s successor as market flips from EV to AI

[ad_1] Nvidia Corp.'s rise is captivating the stock market and driving the S&P 500 Index to new highs. But it also raises cautionary reminders of another investor darling that soared on dreams of a technological transformation, only to tumble back to earth when those hopes turned to disappointment. That stock belongs to Tesla Inc., which sparked its own mania in 2017 as investors bet that electric vehicles were going to take over the world. Back then, Elon Musk's company was a phenomenon as it blew past established carmakers like General Motors Co. and Ford Motor Co. in market capitalization to become America's biggest auto manufacturer. Some analysts were looking beyond the industry and calling it “the next Apple Inc.” Now, Tesla shares are down more than 50% from their 2021 peak, ...
Read More
Mobileye CEO Shashua expects more autonomous vehicles on the road in 2 years as tech moves ahead
13Feb By adminNo Comments
Technology

Mobileye CEO Shashua expects more autonomous vehicles on the road in 2 years as tech moves ahead

[ad_1]  Six years ago, automakers and tech companies thought they were on the cusp of putting thousands of self-driving robotaxis on the street to carry passengers without a human driver.Then an Uber autonomous test vehicle hit and killed a pedestrian in Arizona, multiple problems arose with Tesla's partially automated systems, and General Motors' Cruise robotaxis ran into trouble in San Francisco. Yet the technology is moving ahead, says Amnon Shashua, co-founder and CEO of Mobileye, an Israeli public company majority owned by Intel that has pioneered partially automated driver-assist systems and fully autonomous technology. Already, Mobileye systems are at work in vehicles that take on some driving functions such as steering and braking, but a human still has to be ready to take over....
Read More
Double Whammy for Elon Musk: Slowing EV demand and shaky AI credentials make it hard
12Feb By adminNo Comments
Technology

Double Whammy for Elon Musk: Slowing EV demand and shaky AI credentials make it hard

[ad_1]  If you're building a list of the most important stocks in the market, Tesla Inc. has to be on it. Or does it? That's part of a growing debate on Wall Street, where shares of Elon Musk's electric-vehicle maker are tanking as the rest of the market rallies — and the company is warning that things may not get better for a while. An original member of the so-called Magnificent Seven tech stocks that have been driving the S&P 500 Index to new heights, traders are now wondering if Tesla's name belongs next to those other powerhouses.After doubling last year, Tesla's stock price is down 22% to start 2024. Compare that to Nvidia Corp.'s 46% surge or Meta Platforms Inc.'s 32% gain since the beginning of the year and it's easy to see where the questions are coming from. Indeed, it's b...
Read More
Bird Trouble For Elon Musk – Court Says Billionaire Must Testify in Twitter Probe
12Feb By adminNo Comments
Technology

Bird Trouble For Elon Musk – Court Says Billionaire Must Testify in Twitter Probe

[ad_1] A federal court in California is enforcing a subpoena for Elon Musk to testify before the US Securities and Exchange Commission regarding potential violations of federal securities laws in connection with his purchase of Twitter.  The court ruled the evidence gathered is relevant and material to the SEC's investigation and the testimony required of Musk is not unduly burdensome, a court filing Friday said. The two parties were ordered to meet within one week and decide on a date and location for the testimony.  Musk had testified before the SEC twice in half-day sessions on July of 2022. But the agency, having since received “thousands of new documents” from various parties, including some authored by Musk, wants to ask him about new information. Musk's counsel agreed with the S...
Read More
Tesla updates iPhone app to boost precision tracking and security akin to Apple AirTag tech
11Feb By adminNo Comments
Technology

Tesla updates iPhone app to boost precision tracking and security akin to Apple AirTag tech

[ad_1] Tesla has rolled out a significant update to its iPhone app, introducing ultra-wideband (UWB) support in version 2024.2.3. This enhancement, highlighted by Not a Tesla App, brings a more robust and secure digital key experience compared to Bluetooth technology. UWB's precision tracking enables the car to pinpoint the exact location of the key, minimising the risk of replay spoofing attacks. What are replay spoofing attacks?Replay spoofing attacks involve cybercriminals intercepting secure network communications, then fraudulently delaying or resending them to misdirect receivers. Spoofing entails pretending to be something else to gain trust or access, steal data, or spread malware. Improved Precision and SecurityThe implementation of UWB extends beyond mere security measures. I...
Read More
In big AI drive, Elon Musk plans to buy AMD chips for Tesla
27Jan By adminNo Comments
Technology

In big AI drive, Elon Musk plans to buy AMD chips for Tesla

[ad_1] Tesla Inc. Chief Executive Officer Elon Musk said he plans to buy chips from Advanced Micro Devices Inc. as part of a spending spree on computing hardware to handle artificial intelligence.After saying on his X social media platform that Tesla will spend more than $500 million on Nvidia Corp. hardware this year, Musk was asked if he would also buy chips from AMD. “Yes,” the billionaire replied.  Nvidia is the current leader in so-called AI accelerators — processors suited to the data-intensive requirements of the technology — but rivals like AMD are pushing into the market. AMD unveiled a lineup called the MI300 last month that it said will be able to run AI software faster than competitors can. AMD shares briefly climbed more than 1% after-hours Friday following the remarks. The...
Read More
Elon Musk-led Tesla Zeroes in on Everyday Buyers After Winning Over Electric Vehicle Lovers
31Dec By adminNo Comments
Technology

Elon Musk-led Tesla Zeroes in on Everyday Buyers After Winning Over Electric Vehicle Lovers

[ad_1] Tesla Inc. is expected to say on Tuesday it had another record delivery year in 2023, in large part due to die-hard Elon Musk fans and tech-savvy early adopters. Now the company is working to widen its appeal. The Austin-based electric vehicle (EV) maker is estimated to have handed over almost 483,200 vehicles in the fourth quarter, according to analysts surveyed by Bloomberg. That means Tesla probably exceeded its goal to deliver 1.8 million cars last year, an all-time high for the company but just a fraction of what Toyota Motor Corp. or General Motors Co. normally sell.For its next phase of growth, Tesla has to win over everyday buyers, who primarily select vehicles based on price and ease of use. “When you look at car buying in general, we're trying get to the next set of EV ...
Read More