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Mining Grid is set to launch ‘Cores Racing,’ a competitive and community-driven Bitcoin mining model aimed at restoring fairness and engagement in the mining process. This innovative system rewards participants based on each newly mined Bitcoin block, enhancing accessibility and inclusivity in the industry. With over 50,000 app users, the initiative reflects a growing demand for equitable mining solutions amidst rising difficulty levels and institutional dominance.
EHang has received certification to launch flying taxis in China, enabling the start of commercial services within 3–5 years. The initial offerings will include tourist rides in Guangzhou and Hefei by June, utilizing the EH216-S model, a two-seater electric aircraft with a top speed of 130 km/h and a range of 30 km. The company aims to expand air taxi services to cities like Hefei and Shenzhen, focusing on affordability to drive adoption.
Bengaluru-based nanotechnology firm Vimano has secured $2.9 million in seed funding led by Ankur Capital, marking the first investment from the firm's third fund. Founded in 2019 by materials scientists Murari Ramkumar and Dr. Nagesh Kini, Vimano focuses on membrane technologies for energy applications, including redox flow batteries and green hydrogen production. The funding will facilitate pilot projects, expand the workforce, and enhance manufacturing processes for its innovative membrane technology.
Horizon Robotics, a Chinese company, has announced a partnership with Volkswagen to develop advanced smart driving technology. This collaboration aims to enhance the capabilities of autonomous driving systems, marking a significant step in the automotive industry's evolution.
Japanese chipmaker Rapidus is negotiating with major tech firms, including Apple and Google, to mass-produce advanced chips by 2027. The company has initiated partial operations at its Hokkaido facility and aims to enter the AI chip market, currently dominated by TSMC. To support this goal, the Japanese government plans to invest approximately $1.37 billion in the next fiscal year.
ChatGPT's adoption has surged in India, reflecting a growing interest in AI technologies. However, the monetization of this adoption appears to be lagging behind, raising questions about the sustainability of its rapid growth in the market.
Stakpak has raised $500K in pre-seed funding to enhance its AI-powered infrastructure platform, which streamlines DevOps processes, reducing project delivery time by five times and migration tasks by 16 times. The investment will support expansion in the U.S. and strengthen engineering teams in Egypt, addressing a $51 billion inefficiency in software development. Early users report significant cost savings and improved productivity, highlighting the platform's potential to transform the industry.
Uber has partnered with WeRide and Dubai’s Road and Transport Authority to launch self-driving vehicles, aiming for 25% of all trips in the city to be autonomous by 2030. WeRide, which received a national license for self-driving vehicles in July 2023, will initiate pilot programs in Dubai, focusing on safety and regulatory compliance. Details on the pilot's timeline and rollout will be revealed in the coming months.
Zhihu, a leading Chinese Q&A platform, has achieved its first quarterly profitability since going public, driven by the integration of AI features like "Zhida," which generates answers from verified experts and online sources. With over 81 million monthly active users, Zhihu is positioned as a key player in professional knowledge sharing, especially following LinkedIn's exit from mainland China in 2023. The platform aims to enhance its digital presence by leveraging its network of professionals and scholars to deliver high-quality content and foster discussions.
Egyptian semiconductor startup InfiniLink has raised USD 10 million in seed funding, led by MediaTek, to enhance its optical connectivity solutions for AI-driven data centers. The funding will accelerate the development of technology aimed at meeting the increasing bandwidth and energy efficiency demands of these data centers. Co-founder Ahmed Aboul-Ella emphasized the startup's commitment to transforming data center connectivity through innovative low-power and high-bandwidth solutions.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
mining grid launches cores racing to revolutionize bitcoin mining experience
12:09 07.04.2025
EHang receives certification to launch flying taxis in China within years
09:00 07.04.2025
Ankur Capital invests 2.9 million dollars in Indian nanotech startup Vimano
08:30 07.04.2025
horizon robotics partners with volkswagen on smart driving technology
07:22 07.04.2025
Rapidus partners with tech giants for advanced chip production by 2027
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10:20 04.04.2025
Uber partners with WeRide to launch self-driving vehicles in Dubai
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06:11 04.04.2025
infiniLink secures 10 million dollars to enhance ai data center connectivity
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