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TikTok owner is quietly doing an ‘Apple’ — ByteDance invests in Chinese memory pioneer, months after a similar move in a GPU vendor, as it plans for an Apple Vision Pro VR rival

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TikTok’s parent company ByteDance has reportedly quietly invested in Xinyuan Semiconductors, a Chinese memory chip manufacturer. 

A report from Pandaily, a tech media site based in Beijing, the move reportedly positions ByteDance as the third-largest shareholder in the chip maker, holding an indirect stake of 9.5%.

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JLR Invests £10 million to combat stolen Range Rover problem

 

stolen range rover

JLR has announced that it has invested £10 million to combat the problem of stolen Land Rover and Range Rover vehicles in the UK, this has become a problem on vehicles that were produced from 2018 to 2022.

Range Rover and Land Rover vehicles become some of the most stolen vehicles in 2022, with a total of 5200 cars stolen. This has caused insurance companies to increase premiums significantly and also caused them to stop offering insurance in some areas.

The majority of the vehicles were being stolen in large cities like London and Manchester and many insurance companies are refusing to insure these vehicles in these areas  JLR used to offer its own insurance for its vehicles, but it stopped doing this as its partner refused to continue insuring the vehicles.

Its newer vehicles from 2022 onward do not have the same issue due to increased security and it has been updating the security of older vehicles to the same standard via a software update, if you own one of the affected vehicles you should take your car to the dealer for the software update.

While vehicle theft in the UK is affecting the whole car industry, at JLR we understand the negative impact this can have on the ownership experience for our clients. Our investment of more than £10 million demonstrates our ongoing commitment to tackling this issue.

Through our long-standing collaboration with law enforcement and key partners, our expert team will continue to develop and deploy effective anti-theft measures to ensure clients are protected. It is my personal priority.

Patrick McGillycuddy
Managing Director, JLR UK

This issue with stolen Land Rover and Range Rover vehicles has seen a negative impact on these vehicles’ second hand values, with the value of many of the vehicles dropping considerably below their previous market values. You can find out more details about the software update over at JLR at the link below, if you have not had the update you should get it done as soon as possible to protect your vehicle.

Source JLR

Filed Under: Auto News





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German military invests millions on an artificial intelligence “environment” for weapons testing that might completely alter battle.

The GhostPlay platform uses “third-wave” AI systems that make decisions that seem “human-like.”
Germany has put a lot of money into an artificial intelligence (AI) virtual training area that some people call a military “metaverse.” Officials say this will help them figure out how to fight in the future.

GhostPlay project head Gary Schaal, a professor at Helmut Schmidt University in Hamburg, said in a news statement, “We compete with the big ones in the industry.” “Our unique Selling point is that we can move quickly and show results quickly.”

To create the virtual battlefield GhostPlay, developer 21strategies brought together a group of defense experts and start-ups. This lets developers try out different weapons and systems in a risk-free environment.
Defense News said that the German Defense Ministry paid for the project as part of a 500 million euro ($540 million) spending plan called COVID-19. The plan was meant to help the country’s high-tech defense business get back on its feet.
On the GhostPlay website, the tool is called a “simulation environment with AI-based decision-making at machine speed.”

“Complex military battle scenarios can be simulated to find new, better ways to act,” the company wrote. “As a result, flexibility and superiority can be achieved on the strategic, tactical, and operational levels.”

The creators said that the models can create “unpredictable” situations that make testing and planning for the military more detailed and thorough.
One of the things that makes this program stand out is that it uses “third-wave” algorithms, which, according to 21strategies CEO Yvonne Hofstetter, make the virtual units make more “human-like” decisions.

She said that the second-wave algorithms just improve or speed up the decision-making process, but that the third-wave algorithms will help make new situations and decide on new moves.

Hofstetter says that the platform also tries to recreate environments “down to the last leaf.” It does this by putting together satellite pictures and local files about everything from houses to plants.
“There is enough information… it’s kind of scary, really,” Hofstetter said.

The most interesting thing the platform has done recently is look into how to improve swarm tactics, especially lingering weapons. The Office of Army Development has worked with the tool because it can make thorough simulations of the locations where the weapons would be used.

Hensoldt, a multinational company that helps fund the GhostPlay platform, said in a press release, “To best enable highly complex defense systems, we need to master artificial intelligence in its entirety. To do this, we develop a lot of AI skills in-house and add to them in a very targeted way.”