Electric vehicle manufacturer Livian has reported a loss of $1.45 billion in the first quarter of 2024, despite recent company-wide cost-cutting measures. This shows that the company still has a long way to go to achieve profitability. Revenue for the quarter reached $1.2 billion, which was below the previous quarter's record high but up 82% from $660 million in Q1 2023.
Dotdash Meredith, one of the largest digital media companies in the United States, has entered into a strategic partnership with OpenAI. The deal marks an important step for both companies to explore new possibilities for publishers in the AI era, as AI technology continues to have a growing impact on the publishing industry.
Red Hat, the global open source solutions company, recently announced major news in the areas of generative AI (GenAI) and container technology at Red Hat Summit 2024 in Denver, Colorado, USA.
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