Rheinmetall Takes ‘Significant’ Stake in U.S. Drone Software Firm Auterion to Strengthen Defence Collaboration Auterion CEO Lorenz Meier said that having German defence group Rheinmetall as a “significant” shareholder will help the U.S.-based drone software company expand its order book and strengthen its position in the defence technology market. He emphasised that the investment does not signal a takeover. Rheinmetall’s investment, announced earlier this week, builds on an existing partnership between the two firms. Auterion already supplies software for some of Rheinmetall’s drones. Meier told Reuters that the direct stake would “further deepen collaboration” and open the door to new…
Author: StratNewsGlobal Tech Team
Read More
Chinese EVs Drive Latin America’s Electric Boom When Peruvian entrepreneur Luis Zwiebach set out to buy an electric car in 2019, he had to travel nearly 4,000 miles to California to test-drive a Tesla Model 3. At the time, Tesla had no official presence in Peru, and strict import rules made buying one a challenge. Undeterred, Zwiebach tracked down a used Tesla imported by another buyer — and purchased it. Charging it, however, proved difficult. At a friend’s beach house outside Lima, the car refused to charge due to a lack of grounding. “We grabbed a fork, stuck it into…
NASA Chief and Elon Musk Clash Over Future of US Space Leadership Acting NASA chief Sean Duffy and billionaire Elon Musk exchanged sharp remarks online on Tuesday over who should lead the US space agency. The dispute came a day after Duffy said NASA would invite more companies to compete with Musk’s SpaceX for a future moon landing mission. Online Spat Over NASA’s Direction The disagreement became public when Musk responded to reports suggesting Duffy wanted to move NASA under the Transportation Department, which Duffy currently heads. On social media platform X, Musk posted, “The person responsible for America’s space…
China Tightens Rare Earth Export Controls Ahead of Trump-Xi Summit China announced new restrictions on Thursday that tighten its export controls on rare earth materials, targeting overseas defence companies and advanced semiconductor manufacturers. The move adds five rare earth elements to its export control list and imposes new licensing rules on foreign users of Chinese materials and equipment. Expanded Controls on Rare Earths and Technology The Ministry of Commerce said the latest measures aim to regulate the export of critical resources and technologies. In addition to the new restrictions, dozens of pieces of mining and refining equipment have been added…
Tesla Unveils Lower-Priced Model Y in Bid to Reignite Sales and Market Share Tesla has launched a more affordable version of its best-selling Model Y SUV, starting at $39,990 in the United States, as the electric vehicle maker works to counter slowing sales and intensifying global competition. A Push Toward Affordability The lower-priced Model Y represents Tesla’s latest effort to make its vehicles more accessible. Chief Executive Elon Musk has long promised mass-market electric cars, though he scrapped plans last year for an all-new $25,000 model, as first reported by Reuters. “The desire to buy the car is very high…
Zhipu AI CEO: Artificial Superintelligence Could Surpass Humans in Some Areas by 2030 Artificial superintelligence (ASI) may become a reality as early as 2030, but its superiority over humans is likely to remain limited to specific areas, according to the head of one of China’s leading AI startups. The timeline for ASI remains a subject of debate within the industry. OpenAI CEO Sam Altman recently suggested it could arrive by the end of the decade, while SoftBank CEO Masayoshi Son predicted it might appear by 2035. A Complex and Unclear Concept Zhang Peng, CEO of Zhipu AI, said on Tuesday…
OpenAI, Oracle and SoftBank Announce Five New AI Data Centres for $500 Billion Stargate Project OpenAI, Oracle and SoftBank revealed plans on Tuesday to build five new artificial intelligence data centres in the United States as part of the $500 billion Stargate project. The initiative, first launched in January by President Donald Trump alongside leading tech executives, aims to create one of the world’s largest AI infrastructure networks. Expanding AI Infrastructure Across the US OpenAI, the maker of ChatGPT, said it will build three new data centres with Oracle in Shackelford County, Texas, Dona Ana County, New Mexico, and an…
Nuclear Power Growth Set to Slow Despite Record Output in 2024 Global nuclear power production reached an all-time high in 2024, yet this momentum may not last. According to the latest World Nuclear Industry Status Report, the sector now faces major hurdles including ageing infrastructure, insufficient investment, and project delays. The annual report, compiled by international research groups, outlines a challenging path ahead for nuclear energy. Despite growing global interest, especially in countries looking to reduce fossil fuel use, the nuclear industry is struggling to keep pace. The US, in particular, has stepped up efforts to promote nuclear energy through…
Oracle in Talks for $20 Billion AI Cloud Deal with Meta Oracle is reportedly in advanced discussions with Meta to establish a multi-year cloud computing agreement worth approximately $20 billion. A source familiar with the matter shared this development, highlighting Meta’s growing need for faster and more robust AI infrastructure. If finalised, the deal would see Oracle providing Meta with cloud computing power to support both the training and deployment of AI models. Meta already works with other cloud providers, but this new partnership suggests it is looking to expand its capacity significantly. While Meta declined to comment, Oracle has…
Microsoft Takes Down 340 Phishing Websites Linked to Raccoon0365 Microsoft has shut down nearly 340 websites connected to a fast-growing phishing subscription service, Raccoon0365. The service, based in Nigeria, enabled users to carry out widespread cyberattacks targeting Microsoft user credentials, according to the company. The US District Court in Manhattan granted Microsoft a court order to seize the domains. The move comes after Microsoft’s Digital Crimes Unit identified the operation, which used fake login pages to trick users into revealing sensitive account details. How Raccoon0365 Targeted Victims The phishing service was hosted on a private Telegram channel with over 850…