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X, formerly Twitter, to collect biometric and employment data >https://www.bbc.com/news/technology-66679922
*Nvidia overtakes Apple as world's most valuable company * >https://www.reuters.com/technology/nvidia-overtakes-apple-worlds-most-valuable-company-2024-10-25/
*Egypt purchases South Korean-made self-propelled howitzers* Egypt has ordered a batch of Hanwha Defense K9 self-propelled howitzers worth 2 trillion won ($1.65 billion), according to the South Korean arms procurement agency. South Korean company Hanwha, which makes the K9, and Egypt’s defense ministry inked the largest K9 export deal in the Artillery House, a military facility in Cairo, capping more than 10 years of on-again, off-again talks. The deal includes the production of K9s in Egypt and a technology transfer, according to the Defense Acquisition Program Administration (DAPA).
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*Exclusive: OpenAI to remove non-profit control and give Sam Altman equity* ChatGPT-maker OpenAI is working on a plan to restructure its core business into a for-profit benefit corporation that will no longer be controlled by its non-profit board, people familiar with the matter told Reuters, in a move that will make the company more attractive to investors. The OpenAI non-profit will continue to exist and own a minority stake in the for-profit company, the sources said. The move could also have implications for how the company manages AI risks in a new governance structure. >https://www.reuters.com/technology/artificial-intelligence/openai-remove-non-profit-control-give-sam-altman-equity-sources-say-2024-09-25/
*China is catching up with the West on tech, Microsoft president says* The West shouldn’t assume that China is lagging behind the U.S. and Europe on tech developments, Microsoft’s president and vice-chairman warned. U.S-China tensions in the past few years have centered on the battle between the two nations for tech supremacy, culminating in a slew of export controls on critical technologies. Late last year, China’s Huawei surprised the market with the release of a smartphone whose reviews indicated downloads speeds associated with 5G, sparking speculation of an apparent chip breakthrough that defied U.S. tech sanctions. >https://www.cnbc.com/2024/11/13/china-is-catching-up-with-the-west-on-tech-microsoft-president-says.html
Lithuania-based Ostara company announced Monday it has reached technology readiness level 5 while developing optionally manned, hybrid diesel-electric propulsion all-terrain Krampus vehicle. As noted by the company, during the field testing which took place in late August 2021, Krampus Mk1 buggy was driven on asphalt, gravel and unpaved roads as well as in grassland and hilly areas. “Field tests were aimed at inspecting Krampus’ Mk1 systems and subsystems, as well as collecting sensor data and conducting mechanical and computer checks. Krampus Mk1 is intended for transportation of two troops and 500 kg mission load,” the announcement said. Ostara says the integrated diesel generator and powerful battery pack provide buggy the range of 1000 km. In silent mode, when two electric motors are powered only by a battery pack, the vehicle range can reach a decent 200 km.
