US announces up to $3.5 billion in funding to increase domestic battery manufacturing
The infrastructure law that President Joe Biden signed in 2021 will boost local manufacturing of batteries and battery materials by up to $3.5 billion, according to a U.S. Department of Energy announcement on Wednesday. The financing is intended to enhance domestic facilities for essential minerals, next-generation technologies, and lithium-based technologies, among other things, with the…
Microsoft releases a custom AI chip that could be a compete to Nvidia
At its Ignite conference on Wednesday in Seattle, Microsoft revealed two chips. The first, with its Maia 100 artificial intelligence chip, might be able to compete with the highly sought-after AI graphics processing units from Nvidia. Aiming for broad computing workloads, the second device, the Cobalt 100 Arm chip, may pose a threat to Intel…
F1 and FIA agree to ban three key colours from Sphere during Vegas GP action
During track action during the F1 event, the Las Vegas Sphere will be active; however, every effort will be taken to ensure that it does not cause any distraction to the drivers. Everything that could be misinterpreted has been agreed upon, including the red, yellow, and blue lights on the side of the track that…
20 Mineral Blocks to be Auctioned for Economic and Energy Transition: India’s Strategic Move
Within the next two weeks, the Indian government plans to accept bids for 20 important mineral blocks, including graphite and lithium, marking a major step towards realizing its energy transition goals. This project is in line with India’s resolve to improve national security and secure local resources for the switch to green energy. Lithium Reserves…
A new copper unit is set up in Saudi Arabia by Vedanta
On Wednesday, the Vedanta Group announced that, for SAR (saudi riyals) 100,000, it had established a new copper plant in Saudi Arabia through its subsidiary Malco Energy Limited. The business announced in an exchange filing that the new division is called Vedanta Copper International VCI business Limited. The board of Vedanta approved a plan in…
As part of an agreement with ICICI Bank, Jaiprakash Associates will partly repay its dues
The financially troubled builder Jaiprakash Associates made an agreement with ICICI Bank to give the lender 18.9 crore shares that were pledged to the bank in an effort to lessen its debt load. In light of the most recent closing price of its shares, this will net the bank a recovery of about Rs 366…
A design similar to the iPhone 14 may appear on the iPhone SE 4
The rumored Apple iPhone SE 4 specifications have resurfaced, giving us a glimpse of what the tech giant’s most likely iPhone SE (2022) successor would include. The updated iPhone 8 casing and Touch ID button were carried over to the 2022 release of the mid-range iPhone SE. The media has stated that the highly awaited…
Swift Student Challenge to open in February 2024, new initiatives announced by Apple
Young people’s interest in creating applications has grown since the release of smartphones in the late 2010s. Many have gone on to start large technological enterprises globally at very young ages. 92% of students in a recent research said they thought learning to code was essential. Additionally, 96% of respondents stated that having experience in…
Singles’ Day 2023: Know history, significance, and How to celebrate
Singles’ Day, a celebration of being single that originated in China, is on Saturday, November 11. The date of choice, 11/11, is symbolic of the number 1, which stands for a single person. For a far more essential purpose, this day holds great significance for many others. This year celebrates the 30th anniversary of the…