In the lithium-ion battery world, the race to the bottom isn’t as ominous as it sounds. Battery manufacturers are under pressure from automakers to lower prices while maintaining or improving performance. They’ve largely delivered, with battery pack costs dropping from $ 780 to $ 139 per kilowatt-hour over the last decade, according to BNEF. That’s […]
YouTube confirms crackdown on VPN users accessing cheaper Premium plans
YouTube appears to be taking a firm stance against Premium subscribers who attempt to use a VPN (virtual private network) to access cheaper subscription prices in other countries. This week, a number of users took to Reddit to express their frustration after their Premium plans were canceled for using a VPN to purchase the subscription […]
Rivian overhauled the R1S and R1T to entice new buyers ahead of cheaper R2 launch
Rivian has changed 600 parts on its R1S SUV and R1T pickup truck in a bid to drive down manufacturing costs, while improving performance of its flagship vehicles. The end goal, which will play out over the coming year, is an existential one. Rivian lost about $ 38,784 on every vehicle it delivered in the […]
Hydrolix seeks to make storing log data faster and cheaper
In 2008, Marty Kagan, who’d previously worked at Cisco and Akamai, co-founded Cedexis, a (now-Cisco-owned) firm developing observability tech for content delivery networks. Fellow Cisco veteran Hasan Alayli joined Kagan at Cedexis in 2012 as a technical lead, and the two worked together for a number of years. As Cedexis grew and began collaborating with […]
Alternative clouds are booming as companies seek cheaper access to GPUs
The appetite for alternative clouds has never been bigger. Case in point: CoreWeave, the GPU infrastructure provider that began life as a cryptocurrency mining operation, this week raised $ 1.1 billion in new funding from investors including Coatue, Fidelity and Altimeter Capital. The round brings its valuation to $ 19 billion post-money, and its total […]