CoinFund, a prominent investment firm headquartered in Brooklyn, has successfully concluded a funding round CoinFund, a prominent investment firm headquartered…
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Inflection AI, the promising startup behind the chatbot Pi, has secured an impressive $1.3 billion in funding. The investment round…
Chinese automaker Guangzhou Automobile Group (GAC) has showcased its innovative flying car concept, GOVE, which can seamlessly transition between road and air travel. With a growing interest in futuristic transportation options, GAC joins the race to develop flying cars, demonstrating its commitment to research and development in the industry. Combining a one-seater passenger drone equipped with six sets of rotor blades and a four-wheeled chassis, GOVE offers a unique solution for both road and air mobility. The vehicle’s drone and chassis separate before flight, allowing it to take to the skies. GAC presented a successful demonstration of GOVE’s flight capabilities, highlighting its potential to revolutionise the way humans travel. GAC On-the-Go Vertical EV (GOVE) The acronym “GOVE” represents GAC’s vision of an on-the-go, vertical-flight electric vehicle. While specific details regarding pricing and production timelines remain undisclosed, GAC’s executive noted that commercialisation of the flying car may require considerable time. The absence of regulations for passenger use of drones in China presents an additional challenge to the development of this groundbreaking technology. GAC’s strategic anticipation of demand for flying cars is particularly relevant in southern China, where major cities such as Guangzhou, Shenzhen, Hong Kong, and Macau are clustered close to the sea and an extensive river delta. By introducing GOVE, GAC aims to address the potential transportation needs in this region and beyond.…
TikTok, the popular video-sharing platform, announces its intent to jump into the world of e-commerce. With its latest initiatives, TikTok…
SHEIN, the popular fashion retail platform, is gearing up to launch its new initiative, the “Gravity” scheme, designed to support…
Google recently announced that its discussions with European Union (EU) regulators have been a success. The talk was focused on…
Since taking on the role of CEO, Linda Yaccarino has wasted no time in implementing her vision for Twitter’s future.…