Crazy technology news for the day
Geely shows off 'world's first' driverless drifting tech
Geely Auto has unveiled groundbreaking driverless drifting technology, showcased in a recent Weibo video. This innovation allows vehicles to autonomously drift on snow and ice, resembling the skills of a professional race car driver. The system integrates perception algorithms and steer-by-wire technology for real-time vehicle state prediction and precise control of drift direction.
Additionally, refined torque vectoring control ensures optimal power distribution for precise handling. Geely highlights the safety benefits for consumers, including enhanced active avoidance and braking assistance.
This technology stabilizes vehicles during tailbacks, provides drift assistance, and helps navigate extreme traffic conditions. Geely claims global leadership in smart safety and AI digital chassis with this achievement. They plan to incorporate this technology into their Lynk & Co and Geely Galaxy products to offer users a superior mobility experience. This unveiling marks Geely's re-emergence in the automotive innovation landscape, amid similar advancements by other Chinese automakers like BYD and Nio.
Trending Artificial Intelligence news for the day
Elon Musk says all Premium subscribers on X will gain access to AI chatbot Grok this week
Elon Musk's company, formerly known as Twitter and now referred to as X, is expanding access to its AI chatbot called Grok. Initially available only to Premium+ subscribers, Grok will now be accessible to all Premium subscribers, starting this week. This move comes amidst declining usage of the X platform, with a drop of 18% year-over-year in the U.S. since Musk's acquisition. The decline is partly attributed to Musk's stance against advertisers, leading many top advertisers to withdraw their ad budgets from the platform. By offering Grok to more users, X aims to retain its subscriber base and compete with other chatbots like OpenAI's ChatGPT and Anthropic's Claude
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Grok stands out for its ability to address topics that other chatbots typically avoid, such as conspiracies and controversial political ideas. It has been described as having a "rebellious streak" by Musk himself. Additionally, Grok has the unique advantage of accessing real-time data from the X platform, giving it an edge over its competitors.
X's Premium subscription, which starts at $8 per month or $84 per year, will now include access to Grok, whereas previously it was only available to Premium+ subscribers at a higher cost of $16 per month or $168 per year.
Despite these efforts to retain users, X faces competition from decentralized platforms like Mastodon and Bluesky, as well as Meta's Instagram's Threads, which has rapidly gained popularity. The decline in X's user base raises questions about the value of its data under Musk's leadership. While Musk did not specify the exact timing of Grok's availability, he mentioned that it would be enabled for all Premium subscribers later in the week.
Trending crypto news for the day
Dogecoin (DOGE) Explodes 10% Daily, Bitcoin (BTC) Reclaims $70K (Market Watch)
In the volatile world of cryptocurrency, Bitcoin experienced a rollercoaster ride recently. After dropping below $69,000, it has now surged back above $70,000 thanks to bullish momentum. Despite a brief dip, Bitcoin is back on the rise, with the community eagerly eyeing a $100,000 price tag.
Meanwhile, altcoins like Dogecoin (DOGE) and Bitcoin Cash (BCH) have seen impressive gains, with DOGE skyrocketing by over 10% in a single day and BCH surging by 13%. Other major altcoins such as Ethereum, SOL, ADA, and DOT are also seeing modest gains, contributing to an overall positive sentiment in the market.
Shiba Inu, a newcomer in the crypto space, has seen a 4% increase, but it's overshadowed by the older and more established Dogecoin's impressive performance. As Bitcoin's dominance over the altcoins remains stable at just under 50%, the total market capitalization of all cryptocurrencies has seen a $50 billion increase overnight, though it still sits below $2.8 trillion.
Overall, despite recent fluctuations, the cryptocurrency market is showing resilience and upward momentum, with investors eagerly watching the movements of both Bitcoin and altcoins like DOGE and BCH.
Trending selfmade Billionaire of the day
Sean Mulryan, born in September 1954, is an Irish property developer and the founder, chairman, and CEO of the Ballymore Group, based in Dublin. Despite growing up in rural poverty in Oran, Ireland, he embarked on his entrepreneurial journey at 19, buying his first plot of land and later establishing Ballymore at the age of 26. Ballymore has become a major player in European property development, particularly in London and Dublin, focusing on urban regeneration projects.
Mulryan's influence extends beyond business. He has been recognized on prestigious lists like the Estates Gazette's 'Power List' and the Evening Standard's '1,000 most influential Londoners'. Additionally, he has received honors for his contributions to the Irish community in Great Britain.
Ballymore's projects include significant developments such as Dublin Landings and Embassy Gardens in London, the latter being described by former Mayor Boris Johnson as a pivotal regeneration endeavor. However, the company faced scrutiny over increased service charges at some developments, as reported by the Financial Times.
Beyond his property ventures, Mulryan is involved in regional development, including a role on the board of Ireland West Airport Knock. He has also invested in initiatives like Modmo, an Irish electric bike maker.
In his personal life, Mulryan and his wife Bernadine reside in County Kildare, where they are active in horse racing and own a substantial number of racehorses. Their sponsorship of events like the Ballymore Handicap Hurdle at Punchestown National Hunt Festival highlights their involvement in the equestrian world.
Mulryan's social circle includes notable figures like athlete and politician Seb Coe and U2's Bono, with iconic singer Debbie Harry performing at his 50th birthday celebration. Overall, Sean Mulryan's journey from humble beginnings to influential property mogul reflects his entrepreneurial spirit and commitment to both business and community endeavors.