🚗Why Singapore is Leading in Self-Driving Tech?Plus: TikTok’s bold move to merge livestream shopping with real-world retail in Santa Monica.Get in Front of 50k Tech Leaders: Grow With Us - Let Us Feature You.
Monday is here team, and so is the Thanksgiving break. Today we share from TikTok’s bold move to merge livestream shopping with real-world retail in Santa Monica to AI’s growing role in tackling online exploitation, technology continues to reshape industries. Meanwhile, Sweden’s Northvolt, once a leader in Europe’s battery race, faces bankruptcy, highlighting the steep challenges of competing with established global suppliers. On the funding front, AI startups Together AI and Lambda Labs are drawing major investments, reflecting the growing demand for cutting-edge infrastructure. Dive into these stories and more as we explore the latest shifts in the tech landscape.
Why Singapore is Leading in Self-Driving Tech.Singapore has become a prime testing ground for autonomous vehicles (AVs), addressing labor shortages and optimizing land use with self-driving buses, freight vehicles, and street sweepers. Its clear safety guidelines, strong government support, and consumer acceptance have drawn global AV firms like WeRide and homegrown Moovita. The city-state tops the Autonomous Vehicles Readiness Index, making it a prestigious launchpad for AV technology. By focusing on safer, simpler deployments like fixed routes and logistics, Singapore is setting a global example for integrating driverless technology into dense urban environments. Get in Front of 50k Tech Leaders: Grow With Us - Let Us Feature You. DOGE’s $2 Trillion Budget Cut: A Tough Sell.Elon Musk, co-chair of President-elect Trump’s "Department of Government Efficiency," aims to slash $2 trillion in federal spending, targeting “waste, fraud, and abuse.” However, with over half the budget tied to untouchable areas like Social Security, Medicare, Medicaid, and debt interest, and cuts to defense or popular programs politically improbable, his plan faces massive hurdles. Even drastic cuts to discretionary spending and safety net programs wouldn’t reach his goal, exposing the myth of easily eliminating “government waste.” Our Partners:
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Monday, November 25, 2024
🚗Why Singapore is Leading in Self-Driving Tech?
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