Elon Musk claims Neuralink brain chip will allow people to hear sounds impossible to humans | Technology News

San Francisco: Tesla and SpaceX founder, Elon Musk has claimed that his new pet project Neuralink chip will allow users to hear sounds that previously were impossible to human ears. Musk founded Neuralink in 2016 but has only held one major public presentation. However, more details about Neuralink will be presented at an event on August 28, reports independent.co.uk. The main aim of the project is to provide a direct connection between a brain and a computer to overcome the power of artificial intelligence (AI), using a “sewing machine-like” device…

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China’s EV makers target drivers who can’t afford a Tesla

China buys more electric vehicles than any other country, and most sales occur in big cities such as Beijing and Shanghai. EV buyers there can afford to spend 300,000 yuan ($43,000) on a sedan like the Tesla Model 3. Fang Yunzhou, chairman of one of Tesla Inc.’s local rivals, has a different customer in mind: a consumer who lives in a less affluent small city or even a farmer in the countryside. “Our goal is to provide a real product affordable for the whole market, rather than a rich kid’s…

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Tesla: Tesla supplier LG Chem sees growing battery sales in Q3

SEOUL: South Korea’s LG Chem , an electric vehicle battery supplier for Tesla , Volkswagen and other automakers, said on Friday it expects rising sales in the current quarter after its battery business swung to an operating profit. “Sales are expected to grow and profitability is expected to remain robust thanks to greater EV shipments for European OEMs and increased sales for cylindrical EV batteries,” LG Chem said, referring to original equipment manufacturers or automakers. LG did not mention Tesla, but it supplies small cylindrical-type batteries for the carmaker’s China…

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Panasonic Battery News: How Panasonic aims to improve Tesla batteries |

TOKYO: Panasonic Corp plans to boost the energy density of “2170” battery cells it supplies to Tesla Inc by 20% in five years and commercialize a cobalt-free version “in two to three years”, the head of its U.S. EV battery business said. This is the first time Panasonic, a leading cell provider for the world’s top electric vehicle (EV) maker Tesla, has outlined these targets, putting down a marker in a highly competitive sector to stay ahead of the game. Panasonic introduced the “2170” lithium-ion cells, with the nickel-cobalt-aluminium (NCA)…

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general motors: Plant closings send GM to 2Q loss, but signs of improvement

DETROIT: Even though General Motors was able to reopen its US factories for the last half of the second quarter, the company still lost $806 million in the three months between April and June. The Detroit automaker had to close its plants from March 18 to May 18 due to the coronavirus, and production didn’t resume fast enough to stem the losses. Like other automakers, GM counts revenue when vehicles are shipped from factories, so it had little money coming in for about seven weeks in April and May. The…

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Tesla’s Musk says open to supplying batteries to other automakers

SEOUL: Tesla Inc Chief Executive Officer Elon Musk said on Tuesday that the company is open to licensing software and supplying powertrains and batteries. Tesla has previously supplied batteries to Mercedes and Toyota Motor under separate partnership deals. Battery manufacturing is an area that analysts and industry officials say the U.S. electric car maker has a competitive edge compared with legacy automakers. “Tesla is open to licensing software and supplying powertrains & batteries. We’re just trying to accelerate sustainable energy, not crush competitors!” Musk said in message on Twitter. It…

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Tesla rival will offer semi-automated Lucid Air sedan in early 2021

DETROIT: Tesla rival Lucid Motors plans to equip its new Air luxury electric sedan with a semi-automated driver assistance system when the first cars roll off an Arizona assembly line in early 2021, Lucid said on Tuesday. The Lucid Air, which will compete with the Tesla Model S, will come standard with such features as adaptive cruise control, lane centering, automatic emergency brakes and automated parking. It will also be one of the first production vehicles to be equipped with standard lidar, a laser-based sensor that detects obstacles and objects,…

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South Korea launches safety probe into Tesla vehicles

SEOUL: South Korea said it is investigating suspected safety issues with vehicles made by U.S. automaker Tesla Inc, which is competing strongly with Hyundai Motor Co in the South Korean electric vehicle market. Braking and steering systems including the Autopilot function were part of the investigation, a transport ministry official said on Wednesday. The ministry declined to elaborate but South Korean media said Tesla’s Model 3 was under investigation, and the probe might take anywhere from six months to a year. Tesla would cooperate with the investigation, an official at…

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Hyundai vs Tesla: A dissimilar approach towards sustainable mobility

SEOUL: Hyundai Motor Co, an early backer of hydrogen cars, has watched the electric rise of Tesla, including on its home turf. Now’s it’s going on the offensive in the battery-powered market led by its US rival. The South Korean company plans to introduce two production lines dedicated to electrics vehicles (EVs), one next year and another in 2024, according to an internal union newsletter seen by Reuters. Euisun Chung, leader of the Hyundai Motor Group conglomerate that also includes Kia Motors, has also held a series of meetings since…

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AI will be smarter than humans within 5 years, says Elon Musk | Technology News

San Francisco: Tesla and SpaceX CEO Elon Musk has claimed that Artificial Intelligence will be ‘vastly smarter’ than any human and would overtake us by 2025. “We are headed toward a situation where AI is vastly smarter than humans. I think that time frame is less than five years from now. But that doesn’t mean that everything goes to hell in five years. It just means that things get unstable or weird,” Musk said in an interview with New York Times over the weekend. This is not the first time…

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audi: Audi expects pre-pandemic car sales levels by 2022/2023

FRANKFURT: Volkswagen’s luxury car unit Audi expects car sales to reach pre-COVID-19 levels only by 2022 or 2023, Chief Executive Markus Duesmann told a German business daily. “We certainly expect the coronavirus crisis to have longer-term effects”, Duesmann told Handelsblatt’s Thursday edition according to a pre-released version,” “We have had a very difficult second quarter. Things are slowly picking up, but not as a sharp ‘V’ as one would wish for”, he said, adding that some countries like China showed a strong rebound while other markets needed longer. Audi is…

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Tesla makes $104 mn profit in 2Q despite factory shutdown

DETROIT: Tesla overcame a seven-week pandemic-related shutdown at its California assembly plant to post a surprising $104 million net profit for the second quarter. It was the electric car and solar panel maker’s fourth-straight profitable quarter, qualifying it to be included in the S&P 500 index of corporate titans. That decision will be made later. Local government restrictions forced Tesla to close its only U.S. assembly factory in Fremont, California, from March 23 to May 11. Even with no production, the company paid roughly 10,000 workers for part of the…

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