On Wednesday, Amazon claimed that it reached its goal of sourcing all its power from clean energy sources in the past year. If taken at face value, the announcement would mean it hit the milestone seven years ahead of schedule, which would be a monumental achievement.
Lucid Motors has cut 400 jobs, according to a regulatory filing. This amounts to around six percent of the workforce. Incidentally, the company also cut a whopping 1,300 jobs last year. This all comes just ahead of the launch of its first electric SUV later this year, a crucial release for the auto manufacturer.
The University of Maine just unveiled the world’s largest polymer 3D printer. The new printer, named Factory of the Future 1.0 (FoF 1.0), can print objects as large as 96 feet long by 32 feet wide by 18 feet high. It’s also quite speedy, relatively speaking, as it can print up to 500 pounds per hour. That’s like three people, every hour.
The Biden administration just announced a preliminary agreement to award Samsung up to $6.4 billion in grants as part of CHIPS Act funding.
The Biden administration is granting $1.5 billion in funding to GlobalFoundries to bolster semiconductor production under the CHIPS Act. The company, which spun out from AMD in 2009 and also has access to $1.6 billion in loans from the CHIPS Program Office, will split the cash between three projects.
Elon Musk has started moving his businesses away from Delaware, following a judge's decision in the state to invalidate his $56 billion Tesla pay package. In a post on X, Musk has announced that SpaceX has moved its corporate home from Delaware to Texas, along with a copy of the certificate of conversion it received from the Texas Secretary of State.