Key Points: Washington-based startup Gravitics secured a $125 million contract to expand Axiom Space’s planned space station. The startup designs modular space station components for various rockets, including SpaceX’s Falcon 9 and Blue Origin’s New Glenn. Its space station modules...
Key Points: Alibaba's international e-commerce unit uses generative AI for translation, content creation, and product returns. Alibaba International Digital Commerce Group has 300 million consumers annually and over one million merchants globally. Zhang emphasized China's parity with the U.S. in AI innovation, highlighting global developments in open-source AI technology. Alibaba's AI tools aim to improve...
Key Points: Boeing agrees to plead guilty to conspiracy to defraud the U.S. government. Boeing will pay a $487.2 million fine and invest at least $455 million in safety and compliance over three years. Boeing's 2021 agreement included $1.77 billion in compensation and $500 million for a crash victim fund. FAA AEG identified MCAS as...
Key Points Acciona introduces the NanoCar Silence S04 with a subscription-based battery exchange service. Drivers can swap out depleted batteries for fully charged ones at designated stations. The cheapest model is priced under 7,000 euros with state subsidies and tax deductions. It is manufactured in Barcelona and has a capacity of 20,000 vehicles annually. Spanish...
