
Xiaomi plans to make electric cars, new business unit formed
India Today
Xiaomi has made a serious advancement in its plans to manufacture electric vehicles, as the company successfully completed the registration of its EV business unit with a capital of 10 billion Yuan.
Xiaomi had announced its entry into the electric vehicle business back in March this year. At the time, Xiaomi chief Lei Jun had shared very little details on the endeavour, except for how he had always wished to pursue electric vehicles. Around half a year since the announcement, the company has finally registered its EV vertical as Xiaomi EV and we now have much more information on how the company plans to proceed further. The new EV company by Xiaomi has been registered with a capital of 10 billion Yuan or Rs 11,000 crore. Xiaomi CEO Lei Jun has been signed as the legal representative of the company, as mentioned in a statement by Xiaomi following the registration. As of now, the company appoints a staff of 300 and continues to hire more people for the new business vertical.
Meta has hired the team behind the agentic AI startup Dreamer. The startup was founded by former Google executives Hugo Barra, David Singleton, and Nicholas Jitkoff, who will now work on Meta's agentic AI plans. This announcement comes after Mark Zuckerberg acquired the AI social media platform Moltbook to bolster agentic AI development.

OpenAI is offering big incentives to private equity firms in a bid to raise more funds. The ChatGPT-maker is offering a minimum return rate of 17.5 per cent, as well as early access to its new AI models. As per reports, the Sam Altman-led firm is hoping to secure a stronger footing in the enterprise market following Anthropic's lead.

Claude can now control computer like a human, Anthropic says soon you won't need your laptop anymore
Claude can now get full access to your computer, do tasks by itself Anthropic has launched a new feature for Claude that allows the AI to get complete access to your computer. The AI can then complete tasks on your behalf while you are away. This feature comes just days after the company launched "Dispatch" which allows you to control Claude via your phone.










