Toyota plans to introduce a high-performance lithium-ion battery to its next-generation electric vehicles by 2026, part of the automaker’s new technology roadmap revealed Tuesday. The batteries will deliver quicker charging and around 620 miles (1,000 kilometers) of range, which would put Toyota’s vehicles ahead of the competition. Toyota has historically trailed behind other major automakers…
The Open Infrastructure Foundation, the open-source foundation that hosts projects like the OpenStack cloud computing platform and Starling X edge computing stack, today announced that it is launching two regional hubs — OpenInfra Asia based in Singapore and OpenInfra Europe based in Belgium — to better promote and protect open source in those regions. The…
As the competition in the generative AI space grows fiercer, OpenAI is upgrading its text-generating models while reducing pricing. Today, OpenAI announced the release of new versions of GPT-3.5-turbo and GPT-4, the latter being its latest text-generating AI, with a capability called function calling. As OpenAI explains in a blog post, function calling allows developers…
Music streaming giant Spotify is facing a fine of around €5 million ($5.4M) in Sweden years after it was accused of breaching the data access rights of users in the European Union by not providing full information about personal data it processes in response to individual requests. While the size of the fine is unlikely…
Indifi Technologies, an Indian startup offering digital lending to small and medium businesses, has raised $35 million in a new funding round led by ICICI Venture, the investment arm of ICICI Bank. Existing investors, including British International Investment, OP Finnfund Global Impact Fund I, Omidyar Network India, Flourish Ventures and CX Partners also participated in…
Over 8,000 subreddits went dark or read-only in protest of Reddit’s API pricing, which will shut down many third-party apps like Apollo and Reddit is Fun because of the high fees. The blackout, which began on Monday and will last for 48 hours, is a coordinated effort between tens of thousands of moderators and millions…
Support for Tesla’s charging connector and charge port — called the North American Charging Standard — has accelerated in the days since Ford and GM announced plans to integrate the technology into its next-generation of EVs and sell adapters for current EV owners to gain access. More than a dozen third-party charging networks and hardware…
Following the UK government’s announcement last week that it plans to host a “global” AI safety summit this fall, prime minister Rishi Sunak has kicked off London Tech Week with another tidbit of news — telling conference goers that OpenAI, Google DeepMind and Anthropic have committed to provide “early or priority access” to their AI…
Acquired by HSBC in an emergency sale for just £1 in March as SVB was melting down, SVB UK is now getting a rebrand and expansion under its new owner. Today the banking giant launched HSBC Innovation Banking, a new unit focusing on banking services to the startup, investor, and wider tech community. Rumored for…
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