Stability AI has provided an early glimpse of its latest generative AI model, Stable Diffusion 3.0, designed for creating text-to-image outputs. This new model represents a significant leap forward in the company’s ongoing efforts to refine image generation capabilities, marking an evolution from previous releases. Over the past year, Stability AI has continually improved its … Read more
OpenAI, the creator of ChatGPT, is reportedly seeking a total valuation of $100 billion (approximately 90 billion euros) in a new funding round, according to various media sources. So far, the AI company has primarily received funding from the software giant Microsoft, which is said to have invested over $10 billion. The current funding round … Read more
Volkswagen’s electric car “Trinity” was once seen as a beacon of the company’s future. However, according to a media report, the launch of this new model will be further delayed. Several other projects are also experiencing setbacks. The “Trinity” will arrive later than expected: The Volkswagen Group is apparently delaying the launch of its significant … Read more
BASF to Close More Plants Amid Rising Costs The chemical giant is struggling with increased energy prices and cost pressures. Now, it plans to shut down two production plants for a weed killer. This is not the first cutback in BASF’s network. The chemical company BASF is closing more production plants due to cost pressures. … Read more
Audi’s Q6 eTron aims to enhance their model lineup and contribute to the advancement of electromobility in Germany. ntv.de took the electric vehicle for a spin, which the Ingolstadt-based manufacturer has been eagerly anticipating. Audi has already made significant strides in the field of electromobility. With the SUV E-Tron, Audi was an early player in … Read more
As of this morning, a barrel (159 liters) of Brent crude oil for August delivery was priced at $85.01, roughly the same as the previous day. The price for a barrel of the US West Texas Intermediate (WTI) also remained steady at $80.53. Currently, oil prices are hovering around their highest level since early May. … Read more
JetBlue, a popular airline, is launching several flight offers this week from Long Island, New York. The discounts on plane tickets go as low as $49.00 USD to Florida. Essentially, these trips are scheduled for the fall and early winter from Long Island MacArthur Airport. From October to December, you can fly from this terminal … Read more
The joint venture between FRIWO and the Indian UNO MINDA Group, launched two years ago to provide electric propulsion solutions for two- and three-wheeled vehicles in India, is now operating at full capacity following the production ramp-up in 2023 at their shared facility south of New Delhi. Currently, six out of the seven leading producers … Read more
A rare day without gains for Nvidia shareholders. On Thursday, investors took some profits off the table after the super rally following the Q2 results and the chip news over the weekend, causing the market value to dip below the $3 trillion mark. However, the performance since 2000 is unparalleled. Sporting a T-shirt, black leather … Read more
A barrel (159 liters) of North Sea Brent crude for July delivery was priced at 83.22 US dollars. This was 12 cents more than the previous evening. The price for a barrel of the American West Texas Intermediate (WTI) variety, meanwhile, rose by about one dollar to 78.88 dollars. However, due to the holiday, this … Read more