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WeLion Cooperates with Nio to Produce Semi-Solid Battery

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© Reuters WeLion Cooperates with Nio (NIO) to Produce Semi-Solid Battery

Electric Vehicle maker, Nio inc. (NYSE:NIO) is working with WeLion New Energy to launch a hybrid solid-liquid electrolyte battery. The battery will have a range of 1,000 kilometers and is based on the ET7 model.

NIO unveiled its flagship sedan ET7 at the NIO Day 2020 event on January 9, 2021, it said the model would be available in a version with a 150-kWh solid-state battery starting in the fourth quarter of 2022, giving it an NEDC range of 1,000 kilometers. At the time, the company did not disclose the supplier of the battery.

The announcement was issued by Li Hong, chief scientist and founder of the solid-state battery supplier WeLion, during comments at the China EV 100 Forum. The battery is expected to start mass production by the end of this year or the first half of next year, said Li, a researcher at the Institute of Physics, Chinese Academy of Sciences.

It might make sense to invest money in this company and withdraw money from Meta stock. Investors have lost nearly $200 billion from Meta financial stock declining market valuation. Inflation, disruptions in advertisers’ supply chains, and users switching to products that are “monetized at lower rates” are among the key problems facing the company. According to Refinitiv, Meta’s revenue in the first quarter was between $27 billion and $29 billion, while analysts had expected it to exceed $30 billion.

By Michael Elkins

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Is Call of Duty a Microsoft game? Sony accused of lying to European regulators about Microsoft and Activision deal

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is Call of Duty a Microsoft game

Microsoft Vice President Frank Shaw accused Sony of lying to European regulators about the terms of the deal between the U.S. company and Activision Blizzard. It was reported by Windows Central. Is Call of Duty a Microsoft game? 

“I’ve heard Sony claim to people in Brussels that Microsoft doesn’t want to offer them parity on Call of Duty if we buy Activision. This is far from the truth. We’ve made it clear that we’ve offered Sony a ten-year agreement that provides parity on game release dates, content, features, quality and every other aspect,” Shaw said.

Microsoft and Call of Duty – what’s going on? 

According to Shaw, Microsoft has offered to secure Sony’s offerings through a contract, regulatory agreements or other commitments. Despite this, Sony representatives, to thwart Microsoft’s deal, about the company’s proposals to keep the Call of Duty franchise for PlayStation consoles claim otherwise.

Microsoft has repeatedly stated that it has no plans to make Call of Duty a Xbox exclusive, among other things, because such a decision is not economically viable. Also, the head of Microsoft’s gaming division Phil Spencer has previously stated that the company is acquiring Activision Blizzard primarily because of its dominant position in the mobile games segment.

It is expected that the final decision on Microsoft’s purchase of Activision’s Blizzard studio will be made during 2023.

We previously reported that Microsoft is announcing a new multi-billion dollar investment in ChatGPT OpenAI stock.

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Microsoft announces new multibillion-dollar investment in ChatGPT OpenAI stock

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ChatGPT OpenAI stock

Microsoft has announced a new multi-year investment in artificial intelligence (AI) chatbot developer ChatGPT, OpenAI. Microsoft did not name a specific investment amount; a week earlier; Bloomberg and Semafor reported that the company was in talks to invest up to $10 billion in the ChatGPT OpenAI stock. 

ChatGPT OpenAI Microsoft

Microsoft’s investment will help both companies scale supercomputers and create new capabilities based on artificial intelligence, the report said.

Microsoft is working to add ChatGPT artificial intelligence to its search engine, Bing, so that it can provide concrete answers to queries rather than simply providing links to pages on the Web. Plus, The Information found out that Microsoft is thinking about adding ChatGPT’s text-writing and editing capabilities to its office applications — Word Word, PowerPoint presentation editor and Outlook email service.

ChatGPT is able to answer users’ questions, give explanations, create texts (e.g., writing poems and stories or drafting legal documents), while imitating the speech style of a person without disabilities. OpenAI has also developed AI game software that can beat people at video games such as Dota 2, and the AI image generator Dall-E.

ChatGPT was launched in late November 2022. OpenAI was founded as a nonprofit organization in 2015 to conduct research on artificial intelligence. OpenAI’s founders include billionaire Ilon Musk, LinkedIn co-founder Reed Hoffman, and technology investor Sam Altman, who now runs the company. According to CNBC, the founding investor group then pledged to invest more than $1 billion in the company. Musk resigned from the board in February 2018, but remained an investor.

The company was valued at $14 billion in 2021. In January 2023, OpenAI was in talks with investors to sell its stock based on a valuation of the entire company of about $29 billion. The Wall Street Journal wrote, citing knowledgeable sources. Khosla Ventures, Sequoia Capital, Tiger Global, Y Combinator and Bedrock Capital are among the co-owners of the company.

Earlier, we reported that Apple sharply reduced the price of the iPhone 14 in China to increase sales.

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Apple dramatically lowered the price of iPhone 14 in China to boost sales. Will Apple drop the price of iPhones in other markets?

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apple iphone price drop after new release

Apple has slashed prices on all smartphones of its iPhone 14 lineup in China to spur sales in the country’s market. It is reported by the portal My Drivers. Will Apple drop the price of iPhones in other markets?

Traditionally, we always see Apple iPhone price drop after new release. It is known that the price of iPhone 14 gadgets has been adjusted throughout China. At the same time, on some sites, the prices of Apple smartphones have dropped by 1000 yuan (about $150). According to sources, they will remain until the Chinese New Year, which will begin on January 22.

As My Drivers notes, Trend Force analysts previously predicted a decline in iPhone sales in the first quarter of 2023 to 47 million units, down 22 percent from the same period last year. This is not the first time Apple has lowered prices in many markets to stimulate and adjust sales of its smartphones.

Earlier there was news that Apple was “paying back” for its financial success because of the bet on developing all production facilities in China in order to increase profits. According to the Financial Times, now the Cupertino corporation will have to urgently diversify its factories to minimize the damage.

Earlier, we reported that JPMorgan advised investors to get rid of U.S. stocks.

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