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This Week’s Awesome Tech Stories From Around the Web (Through April 19)

Singularity Hub

” Artificial Intelligence Microsoft Researchers Say They’ve Developed a Hyper-Efficient AI Model That Can Run on CPUs Kyle Wiggers | TechCrunch “Microsoft researchers claim theyve developed the largest-scale 1-bit AI model, also known as a ‘bitnet,’ to date. Called BitNet b1.58 There may be a better way.

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Tesla’s Elon Musk said a $25,000 electric car with next-gen battery in the works

The Verge

Tesla announced that it will dramatically reduce the cost of its battery cells and packs — which means the company’s new goal is a $25,000 electric car. And that’s mostly thanks to Tesla’s Model 3. The Model 3 was supposed to be Tesla’s first car for the broader market. There is more to a battery than just its cells.

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The most innovative companies in automotive for 2025

Fast Company Tech

Chinas largest car company, BYD , became the worlds second-biggest EV maker in 2024 due to the rollout of its ultra-affordable models such as the $11,000 Seagull as it grows its global footprint. The result is EV technology that makes the erstwhile novelty car more powerful, more affordable, and more ubiquitous. The company grew revenue 7.2%

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Ford is making an electric Explorer, boosts EV investment by $8 billion

The Verge

The company had previously committed $22 billion to EVs and had announced a goal to be all-electric in Europe by 2030. The company will brand the lithium-ion packs for passenger vehicles as “IonBoost,” in a nod to its efficient EcoBoost engines. Lithium iron phosphate battery packs for commercial vehicles will be called IonBoost Pro.

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Renault to develop cheaper EV batteries with CATL, LG Energy

TechNode

Renaults electric vehicle arm Ampere on Monday announced it will integrate lower-cost lithium iron batteries into several models under the Renault and Alpine brands over the next years in partnerships with Chinese battery maker CATL and South Koreas LG Energy Solution. The goal is to reduce by 2026 roughly 20% of vehicle battery costs.

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Fisker hits snag in deal to use Volkswagen’s EV platform

The Verge

In a scripted presentation to investors filed with the Securities and Exchange Commission (SEC) early Friday morning, founder Henrik Fisker says his company has “not achieved our goal of signing a cornerstone agreement with VW by the end of July 2020 as we previously anticipated.” The first prototype of Fisker Inc.’s Fisker Inc.

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Kate is a new car maker focused on micro-cars for everyday use

TechCrunch

Of course, there will be models with better engines and batteries that will cost more than that. For instance, Kate has opted for LFP batteries (with lithium, iron and phosphate) so that it offers a considerably longer cycle life. Our goal is that we should produce four times more vehicles every year. The Kate K1.

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