Connect with us
https://tickernews.co/wp-content/uploads/2023/10/AmEx-Thought-Leaders.jpg

Tech

Mercedes Benz asks F1 team to help engineer mass market EVs

Published

on

The German automaker wants to keep up with the likes of Tesla in the electric vehicle space

 
Mercedes Benz has plugged its Formula One team into the engineering process.

It wants to build vastly more efficient mass-market electric vehicles, as the German carmaker jumpstarts efforts to keep pace with Tesla.

“The race is real, whether it’s on the race track or it’s targeting those innovations to go into into the next electric powertrain for Mercedes.”

F1 technology has always eventually bled over into mass-market vehicles.

But Mercedes’ F1 collaboration is unprecedented, because it embeds that racing mindset and technological expertise directly in product development.

In 2022, the premium carmaker unveiled its EQXX concept car, a super-efficient electric vehicle with a range of more than 1,190 kilometres.

The EQXX was jointly developed with the F1 team, including Mercedes AMG High Performance Powertrains, or HPP, in England.

“We need to absolutely maximise every single joule, chase every single watt of loss. And that’s really the ethos that we were looking for in EQXX, how do we create a super efficient real world EV?” HPP advanced technology director Adam Allsopp said.

The EQXX took just 18 months to develop, or a fraction of the time it takes to craft a new production car — the company says.

Speed is ever more important because newer entrants, above all Tesla, can develop or tweak models far more quickly than legacy carmakers.

Fast-moving Chinese EV makers have cut development time to an average of 2.5 years and are launching innovative, cheaper models in Europe.

The need for speed is also coupled with a push among carmakers to make electric vehicles more efficient and reduce costs – by lowering weight, improving range, and using less battery materials.

“Efficiency is so key to not only the materials that we’re using, but the sustainability of what we’re doing.

“If we can create a car that can achieve the same performance and the same range with smaller batteries because we’re more efficient, then it means that we are we’re not only taking care of our customer, but from a sustainability point of view, we’re in a better position so that mutually reinforces a number of the commitments that Mercedes have made,” Allsopp added.

Others in the auto industry, like Ford and Volkswagen, are also ramping up the race for speed and efficiency.

Continue Reading

Tech

Ramifications of a TikTok ban to impact Open Internet

Published

on

The United States’ longstanding advocacy for an open internet faces a critical juncture as Congress considers legislation targeting TikTok.

The proposed measures, including a forced sale or outright ban of TikTok, have sparked concerns among digital rights advocates and global observers about the implications for internet freedom and international norms.

For decades, the U.S. has championed the concept of an unregulated internet, advocating for the free flow of digital data across borders.

However, the move against TikTok, a platform with 170 million U.S. users, has raised questions about the consistency of America’s stance on internet governance.

Read more – Big tech to handover misinformation data

Critics fear that actions against TikTok could set a precedent for other countries to justify their own internet censorship measures.

Russian blogger Aleksandr Gorbunov warned that Russia could use the U.S. decision to justify further restrictions on platforms like YouTube.

Similarly, Indian lawyer Mishi Choudhary expressed concerns that a U.S. ban on TikTok would embolden the Indian government to impose additional crackdowns on internet freedoms.

Moreover, the proposed legislation could complicate U.S. efforts to advocate for an internet governed by international organizations rather than individual countries.

China, in particular, has promoted a vision of internet sovereignty, advocating for greater national control over online content.

A TikTok ban could undermine America’s credibility in urging other countries to embrace a more open internet governed by global standards.

 

Continue Reading

Tech

BlackRock CEO Larry Fink says AI leads to higher wages

Published

on

Larry Fink, the CEO of BlackRock Inc., has outlined his vision for the impact of the firm’s investment in artificial intelligence.

During the company’s recent earnings call, Fink emphasized the connection between productivity gains driven by AI and the potential for rising wages among BlackRock’s workforce.

He explained the firm’s ambition to leverage AI technology to enhance efficiency, enabling employees to accomplish more with fewer resources.

Fink’s remarks underscore BlackRock’s strategic approach to harnessing AI as a tool for optimising operations and driving organisational growth.

Read more – Australia’s productivity gap widens

By leveraging AI-driven productivity enhancements, the company aims to empower its employees to deliver greater value, thereby paving the way for wage increases across the organisation.

The CEO’s statement reflects a broader trend in the intersection of technology and labor dynamics, where advancements in AI and automation have the potential to reshape workforce dynamics and compensation structures.

Fink’s optimism about the transformative impact of AI investment on employee wages highlights BlackRock’s commitment to embracing technological innovation as a catalyst for sustainable business growth and employee prosperity.

Continue Reading

Tech

How Udio could threaten the entire music industry

Published

on

The music industry faces a formidable challenger in the form of AI technology application Udio.

With the emergence of a groundbreaking new app, concerns are mounting over its potential to revolutionise music creation and consumption.

The app, powered by advanced algorithms and machine learning, promises to streamline the music production process, allowing users to generate high-quality tracks with minimal effort.

Tom Finnigan from Talkingbrands.ai joins to discuss Udio, along with the goods and bads of AI integration in the music industry.

Continue Reading
Live Watch Ticker News Live
Advertisement

Trending Now

Copyright © 2024 The Ticker Company