Good morning, tech fam; here are some quick tech updates for you to catch up to!
What’s New Today: Xiaomi is on its way to bringing its new model with the most-anticipated features.
Fast-Track Insights: Germany’s FINN has secured €1B ABS to grow the flexible car subscriptions.
Here’s a quick rundown of the biggest tech headlines making waves today. Let's dive into the day's top tech stories from the Xiaomi 15 Ultra launch date to North Carolina joining the run to get Crypto Investments.
Xiaomi is on the way to launch the next series, Xiaomi 15 Ultra, on February 26. Reportedly, these devices will feature the Snapdragon 8 Gen 3 Elite chipset and a 50MP quad-camera setup. Most anticipated upgrades will include an improved photography system, a sleek design, and enhanced AI features. This flagship device will be unveiled at MWC 2024, where the developers will showcase Xiaomi’s latest innovations in premium smartphone technology.
A Germany-based car subscription company, named FINN is leading the latest technological race by securing €1 billion ABS to expand its flexible vehicle leasing services. The funding, backed by Barclays and other investors, will expect to help FINN grow its EV-focused fleet and scale operations in the U.S. and Europe. At this point, the demand for hassle-free car subscriptions has been increasing; So, FINN aims to redefine modern vehicle ownership.
Whirlpool, one of the India’s leading companies is hiring BE/B.Tech and ME/M.Tech Mechanical Engineers. The job role involves product design, development, and innovation in home appliances. Though B.E Mechanical Engineers can apply, they have to be Proficient in Thermal Engineering and Thermal stacks, with at least 6 to 9 years’ experience in the same field. Additionally, they should be experts in Expert in Product Development process and project planning & management.
The race is getting tougher for ChatGPT. Again, an open-source AI competitor, named, AI Model S1, has started challenging OpenAI with its innovative approach. Developed by a global research team, S1 is promising transparency, accessibility, and customization to the users. Most importantly, this new AI model allows developers to fine-tune AI capabilities, that most others don’t. This is once again hinting at a technological shift in the field of AI.
Another, U.S state, North Carolina, is joining the crypto investment race, as the number of U.S. states embracing digital assets are gradually growing. The state has put push contemplates to put at least 10% of its general and highway funds into digital assets after two other states, Wisconsin and Michigan have already secured crypto in their retirement portfolios for public employees. As crypto investment is rising, states seek to capitalize on digital finance trends, to maintain their existence and dominance in the evolving financial landscape.