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.
I’ve been interested in solar generators for a long while, but very few of them ever felt worthy of specific comment. Many of them historically boasted of running laptops, TVs or coolers, but their constrained outputs made them incapable of powering kettles, washing machines or air conditioners. CES 2024 has shown that the industry has moved beyond those limitations, with newer units capable of fulfilling the promise inherent in their names.