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Apple cancels its decade-long electric car project

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apple electric vehicle

Apple has decided to halt its ambitious plans for ‘Project Titan’, according to a reliable insider.

The tech giant, which had been secretly working on the project for several years, reportedly encountered numerous challenges and roadblocks, leading to the cancellation of the initiative.

Titan falls

Initially aiming to rival leading electric vehicle manufacturers, the company faced hurdles such as technological complexities, supply chain issues, and intense competition in the rapidly evolving electric vehicle market.

Despite significant investments in research and development, Apple ultimately chose to redirect its resources towards other promising ventures.

Several employees working on the electric car project will be moved to the firm’s artificial intelligence (AI) division, according to Bloomberg News, which first reported the development.

Gen AI

Apple’s decision to hold back in the AI race has drawn attention, especially given the increasing role AI plays in shaping the future of technology.

With its rivals already at the forefront, Apple seems poised to break its silence and bridge the gap in incorporating this breakthrough technology.

Industry analysts suggest that Apple’s belated entry into the AI arena might be a strategic move, allowing the company to observe and learn from the experiences of its competitors.

The tech giant has a reputation for meticulous planning and delivering refined products, and this delay could signify a well-thought-out strategy to ensure a seamless integration of AI without compromising its standards.

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Apple’s iPhone 16 event puts AI back into the spotlight

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Apple has unveiled its long-awaited artificial intelligence-boosted iPhone 16 and promised improvements in its Siri personal assistant.

Apple CEO Tim Cook emphasised the company’s commitment to innovation, aiming to redefine the future of consumer technology with seamless AI integration. #featured #trending #hotshots #hot shots

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Elon Musk is projected to become the world’s first trillionaire

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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Brazil bans X in a sign of politics and tech colliding

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Brazil top court justices to vote on a total ban of Elon Musk’s X social media platform in the region.

X was taken down in Brazil, one of its largest markets, following a decision by Justice Alexandre de Moraes, who has been locked in a months-long feud with Elon Musk. #featured #trending

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