September 12, 2024
Tech News
Tesla has opened a new Service Centre in Penang, Malaysia, which will also serve as a delivery location for Tesla owners in the Northern region. The centre includes a Body & Paint workshop and aims to enhance service for local customers. Tesla will begin its first EV deliveries in Penang on September 12-13, 2024. Additionally, a new V4 SuperCharger has been launched at Gurney Plaza, featuring four DC charging stalls capable of delivering up to 250kW.
AI Singapore has partnered with Sony Research to enhance AI models for Tamil and Southeast Asian languages through the SEA-LION project. The collaboration will focus on developing large language models that better represent the cultural and linguistic nuances of the region, starting with Tamil, which is spoken by millions globally. The initiative aims to improve AI solutions and share best practices in language model development.
OpenAI is reportedly in discussions to raise $6.5 billion at a pre-money valuation of $150 billion, significantly higher than its previous valuation of $86 billion. The funding round is expected to be led by Thrive Capital, with participation from major investors like Microsoft, Apple, and Nvidia. OpenAI is also exploring raising $5 billion in debt from banks.
Adam Neumann’s startup Flowcarbon, focused on climate and crypto initiatives, is reportedly offering refunds to investors of its “Goddess Nature Token” due to poor market conditions. The company, which aimed to put carbon credits on the blockchain, has faced operational delays and is now in a precarious position, with unclear achievements since its founding in 2022.
Tech Explained
SuperCharger – A SuperCharger is a device that provides rapid charging for electric vehicles, allowing them to charge quickly and efficiently.
AI – AI, or Artificial Intelligence, refers to the simulation of human intelligence processes by machines, especially computer systems.
Language Models – Language models are statistical models that are used to predict the next word in a sequence of words, based on the words that have come before it.
Valuation – Valuation is the process of determining the current worth of an asset or a company, often used in the context of investment and finance.
Blockchain – Blockchain is a decentralized, distributed ledger technology that records transactions across multiple computers in a secure and transparent manner.
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