Category: Technology

The embattled EV truck maker Nikola is going kaput. The company just announced a filing for Chapter 11 bankruptcy protection and a plan to sell off assets. These assets will be sold at an auction, pending court approval. Nikola noted it has $47 million in cash on hand to fund the bankruptcy proceedings and begin the sale process. The company has reported between $500 million to $1 billion in assets, but liabilities totaling $1 billion to $10 billion, according to a court filing.

“Like other companies in the electric vehicle industry, we have faced various market and macroeconomic factors that have impacted our ability to operate,” said Steve Girsky, President and CEO of Nikola.

Those market and macroeconomic factors are real, as EV adoption growth rates have slowed a bit. However, Nikola is a special case. The company has been embroiled in numerous scandals in recent years, so this news caps off a particularly dire fall from grace for the once-buzzy EV maker.

Nikola was founded in 2015 with a mission to create zero-emissions heavy trucks. The company secured a lucrative partnership with GM in 2020, but things fell apart soon thereafter. It was credibly accused of fraud, thanks to a report by short-selling firm Hindenburg Research. This report even included a video showing a Nikola truck rolling down a hill to simulate driving.

This “elaborate ruse” caused the SEC to begin an investigation which led to founder Trevor Milton stepping down as board chair and CEO. Later, he was arrested and indicted on fraud charges. Milton was found guilty and sentenced to four years in prison. The company settled with the SEC for $125 million. It goes without saying that GM backed out of that partnership.

The company did go public in 2020 and began shipping its first trucks in 2021. However, reports indicated that Nikola was losing hundreds of thousands of dollars on every truck it sold. All told, the company only made around 600 vehicles, many of which were recalled due to a variety of defects.

This subpar performance caused the stock to crater, stumbling from a high of over $1,000 per share to, as of this writing, $0.47 per share. I guess only one company named after the guy who invented alternating current (AC) energy is allowed to consistently fall below expectations without making a dent on its valuation.

This article originally appeared on Engadget at https://www.engadget.com/transportation/evs/ev-truck-maker-nikola-has-finally-called-it-quits-172516625.html?src=rss 

Microsoft has introduced Majorana 1, a chip for quantum computing, which it said will enable computers to solve incredibly difficult industrial-scale problems in mere years instead of the decades current machines need. The company explained that Majorana 1 is the first quantum computing chip that uses a Topological Core architecture. Specifically, it uses a new type of material called a topoconductor or a topological superconductor that can create Majoranas — a state of matter that’s not a solid, a liquid or a gas.

Majoranas were first predicted in the 1930s, but they do not exist in nature: They need to be brought into existence with the right materials under the right conditions. Microsoft’s topoconductor wire, which the company built atom by atom for precision, combines indium arsenide with aluminum. When a topoconductor wire is cooled to near absolute zero and tuned with magnetic fields, it forms Majorana Zero Modes (MZMs) at its ends. Majorana qubits are more stable than current alternatives, Microsoft explained. They’re fast, small and can be digitally controlled, and they have unique properties that can protect quantum information. 

Since the company’s chip architecture joins topoconductor nanowires together to form an “H,” each unit has four controllable Majoranas that make up one qubit, the basic unit in quantum computing. The H units can be connected, and Microsoft has already managed to put eight of them on a single chip. As you can see in the image above, the chip can fit in one’s hand and can be easily deployed to data centers. Microsoft designed the chip to be able to fit one million qubits, because that’s the threshold anybody developing quantum computers has to reach for their creation to be able to truly make a difference in the world.

A million-qubit machine could lead to self-healing materials that can repair cracks in planes, Microsoft said, or to catalysts that can break down all types of plastic pollutants into valuable byproducts. It could also allow scientists to perform computations for the extraction of enzymes that can boost soil fertility or promote sustainable growth of food for the sake of ending world hunger. Microsoft’s Majorana 1 requires more parts than just the topoconductor to work, and the company needs more years to get all the elements to work together at a bigger scale. Figuring out how to stack the topoconductor’s materials just right was one of its biggest challenges, however, and Microsoft had already conquered that. 

This article originally appeared on Engadget at https://www.engadget.com/computing/microsofts-majorana-1-quantum-computing-chip-uses-a-new-kind-of-superconductor-160009056.html?src=rss 

Niantic, the company that developed the wildly popular augmented reality (AR) game Pokémon Go, is reportedly considering selling its video games — and according to a source speaking to Bloomberg, the deal could be worth just $3.5 billion. The company raised additional funding at a $9 billion valuation back in 2021.

Many people still play Pokémon Go, but the game no longer enjoys the same popularity it had during its launch and the peak of the COVID-19 pandemic. There are around 80 million monthly users as numbers reported midway through last year, but that’s a steep decline from the game’s peak of 232 million active players. During those same heady days, Pokémon Go was generating close to a billion dollars annually; now it’s bringing in about half of that.

Pokémon Go was also a breakthrough success Niantic was unable to replicate, despite its follow-ups being essentially reskins of the same AR experience. Harry Potter: Wizards Unite lasted around three years, while NBA All World survived only five months. Pikmin Bloom and Monster Hunter Now are still around, but have never been the cash cows of their older sibling. The company also raised funding in 2021 on the promise of creating a “real-world metaverse,” which has yet to materialize.

Niantic also has not been immune to the broad layoffs affecting the games industry. It dumped eight percent of its workforce and canceled four projects back in 2022. The following year, it laid off another 230 employees and killed a Marvel-related project.

The reported party Niantic is considering selling its games division to is Scopely, which is owned by Savvy Games Group. Savvy Games Group is part of Saudi Arabia’s government-linked Public Investment Fund, which has stakes in EA, Activision, Nintendo and more.

This article originally appeared on Engadget at https://www.engadget.com/ar-vr/pokemon-go-developer-niantic-may-sell-its-games-division-for-a-mere-35-billion-160027485.html?src=rss 

World models — AI algorithms capable of generating simulated environments — represent one forefront of machine learning. Today, Microsoft published new research in the journal Nature detailing Muse, a model capable of generating game visuals and controller inputs. Unexpectedly, it was born out of a training set Microsoft built from Bleeding Edge.

If, like me, you had completely erased that game from your memory (or never knew it existed in the first place), Bleeding Edge is a 4 vs. 4 brawler developed by Ninja Theory, the studio better known for its work on the Hellblade series. Ninja Theory stopped updating Bleeding Edge less than a year after release, but Microsoft included a clause in the game’s EULA that gave it permission to record games people played online. So if you were one of the few people who played Bleeding Edge, congratulations, I guess: you helped the company make something out of a commercial flop.

So what’s Muse good for anyway? Say a game designer at Blizzard wants to test an idea for a new hero in Overwatch 2. Rather than recruiting a team of programmers and artists to create code and assets that the studio may eventually scrap, they could instead use Muse to do the prototyping. Iteration is often the most time-consuming (and expensive) part of making a video game, so it’s easy to see why Microsoft would be interested in using AI to augment the process; it offers a way for the company to control runaway development costs. That’s because, according to Microsoft, Muse excels at a capability of world models the company calls persistency.

“Persistency refers to a model’s ability to incorporate (or ‘persist’) user modifications into generated gameplay sequences, such as a character that is copy-pasted into a game visual,” says Katya Hofmann, senior principal research manager at Microsoft Research. Put another way, Muse can quickly adapt to new gameplay elements as they’re introduced in real-time. In one of the examples Microsoft shared, you can see the “player” character immediately react as two power-ups are introduced next to them. The model seemingly knows that the pickups are valuable and something players would go out of their way to obtain. So the simulation reflects that, in the process creating a convincing facsimile of a real Bleeding Edge match. 

According to Fatima Kardar, corporate vice president of gaming AI at Microsoft, the company is already using Muse to create a “real-time playable AI model trained on other first-party games,” and exploring how the technology might help it bring old games stuck on aging hardware to new audiences. 

Microsoft says Muse is a “first-of-its-kind” generative AI model, but that’s not quite right. World models aren’t new; in fact, Muse isn’t even the first one trained on a Microsoft game. In October, the company Decart debuted Oasis, which is capable of generating Minecraft levels. What Muse does show is how quickly these models are evolving. 

That said, there’s a long way for this technology to go, and Muse has some clear limitations. For one, the model generates visuals at a resolution of 300 x 180 pixels and about 10 frames per second. For now, the company is releasing Muse’s weights and sample data, and a way for researchers to see what the system is capable of.

This article originally appeared on Engadget at https://www.engadget.com/ai/microsoft-trained-an-ai-model-on-a-game-no-one-played-160038242.html?src=rss 

It’s never a bad idea to have a portable power bank on hand, just in case your devices run a little low on juice while you’re out and about. Anker makes some of our favorite power banks, and one has dropped to its lowest price to date. The Anker 633 Magnetic Battery is currently 27 percent off at $40.

As the name suggests, you can attach a compatible phone (it’s designed primarily for iPhones with MagSafe support) to the power bank magnetically for wireless charging. The 633 folds out at the back, so it doubles as a stand. You can use the device to hold your phone during the work day, or to position it horizontally to watch videos in landscape mode while you’re perhaps on a train or plane. It’s possible to plug in the Anker 633 Magnetic Battery while you’re charging your device wirelessly as well.

Anker notes that the USB-C port (which allows you to charge all kinds of other devices) has a maximum input and output of 20W. As such, you can charge your device up to three times faster than with a regular 5W charger, the company says. It’ll be faster than charging your device wirelessly too, as that function has an output of 7.5W.

The power bank has a capacity of 10,000mAh. That’s enough to fully charge an iPhone 16 between two and three times. Meanwhile, Anker has some safety measures in place to help protect the charger and your devices. The MultiProtect system’s features include temperature control, foreign object detection and radiation shielding.

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This article originally appeared on Engadget at https://www.engadget.com/deals/an-anker-10k-magnetic-power-bank-is-cheaper-than-ever-161515297.html?src=rss 

Apple’s cheapest iPhone got a refresh and an unexpected name today. Instead of the widely anticipated iPhone SE 4, the company unveiled the new iPhone 16e, and it shifts to a full-screen design with Face ID while putting Apple Intelligence on an entry-level model for the first time. It also comes with an Action button, which debuted on the iPhone 15 Pro. You can pre-order the new model starting this Friday (February 21) ahead of its February 28 release date.

The iPhone 16e looks much like the iPhone 14, one of Apple’s 2022 models. The new phone has a much larger screen than previous iPhone SE — a spacious 6.1 inches — along with Face ID and swipe-based multitasking gestures. (The model it replaces had a Touch ID home button.) It has a notch at the top of the screen, not the floating Dynamic Island from higher-end iPhones.

Apple Intelligence is increasingly central to the company’s strategy, so don’t be surprised to see Apple’s iPhone SE marketing center around it. In addition to zippy performance, the phone’s A18 chip enables features like generative AI writing tools, Genmoji, Image Playground, Visual Intelligence, ChatGPT integration and notification summaries. The phone is the cheapest entry point into Apple Intelligence by hundreds of dollars.

The phone has a 48-megapixel Fusion “2-in-1” camera with a 2x telephoto system. Compared to the more expensive iPhone 16 and 16 Plus, the SE’s lack of extra rear cameras is one of the most noticeable things you’ll miss out on. 

The new iPhone 16e comes in 128GB, 256GB and 512GB storage tiers, and is available in white and black colors options. At $599, the iPhone 16e is also $150 more than previous iPhone SE models, which typically cost around $429. Meanwhile, the iPhone 16 starts at $799, and the additional $200 gets you an ostensibly more powerful chip, a better camera system and a more modern design.

This article originally appeared on Engadget at https://www.engadget.com/mobile/smartphones/the-iphone-16e-was-just-announced-heres-when-to-pre-order-the-new-smartphone-162258599.html?src=rss 

It’s truly a USB-C world and we’re just living in it. Apple has not only announced the new iPhone 16e with a USB-C port and also discontinued the iPhone 14, the final Lightning port relic. That’s right, Apple is no longer selling any devices with a Lightning port, the true end of an era. 

Once upon a time, the Lightning port was the new guy in town. Apple first introduced it in 2012 as a replacement to the bulky 30-pin dock connector. 

The Lightning port didn’t go down without a fight, though. While most other companies have been on the USB-C train for some time, Apple only swapped out the Lightning port when the EU forced its hand. In 2022, the EU announced that all new mobile devices — so phones, tablets and earbuds — had to come with a USB-C charging port. The bloc set the end of 2024 as a deadline, but Apple started the shift with its iPhone 15, released in September 2023. Laptops have until Spring 2026 to comply, but Apple has already shifted its MacBooks to USB-C chargers.  

Another Apple technology relic, the venerable Home Button, has also been discontinued as of today. The old iPhone SE was the last device in Apple’s lineup to feature it — truly a day where some classic Apple interfaces are going away forever.

This article originally appeared on Engadget at https://www.engadget.com/mobile/apple-officially-bids-farewell-to-the-lightning-port-after-13-years-163402113.html?src=rss 

Despite the obvious benefits of electric cars, Toyota spent the last decade insisting hydrogen would win out in the end. But, as the company announces its third generation fuel cell system, you can tell it’s finally ready to tacitly admit defeat: the new cell is designed for industrial applications, where hydrogen clearly always made more sense. 

The new cell is designed to meet the “particular needs of the commercial sector,” focusing on durability equal to a diesel engine. It’s a lot more fuel efficient, cheaper to make and outputs twice as much power while sitting in the same footprint as the second-generation model. Given Toyota’s love of shrinking its engine technology, that size wasn’t a factor here is enormously telling of where it envisions these cells being used.

Toyota could never make the economic or technological argument for hydrogen cars as a better option than electricity (the Mirai, Toyota’s flagship hydrogen EV, has managed to sell just 28,000 models since its 2014 birth). But for heavy duty vehicles, where battery weight and power are more pressing concerns, hydrogen’s flaws turn into assets. Trucks, construction vehicles, trains, ships and backup generators — less at risk from the lack of general-purpose hydrogen infrastructure — are welcome homes for fuel cells.

This article originally appeared on Engadget at https://www.engadget.com/transportation/toyota-kinda-sorta-gives-up-on-hydrogen-cars-151059624.html?src=rss