The Biden administration on Wednesday announced a new program under the Bipartisan Infrastructure Law that aims to expand the infrastructure needed to keep electric vehicles charged.
Here are some of the biggest takeaways:
The White House also highlighted actions from several companies to help expand access to EV chargers, including Tesla's decision to open at least 7,500 stations in its U.S. Supercharger and Destination Charger network to non-Tesla vehicles by the end of 2024.
"All EV drivers will be able to access these stations using the Tesla app or website," the White House said in a statement. "Additionally, Tesla will more than double its full nationwide network of Superchargers, manufactured in Buffalo, New York."
Hertz and bp, meanwhile, plan to build a national network of fast-charging stations designed to serve rideshare, tax drivers, car rental customers, and the general public near "high-demand locations, such as airports."
The White House also championed efforts by companies such as General Motors, Mercedes-Benz, Volvo Cars, and Starbucks to expand the EV charging network.
The administration said all of these initiatives support President Joe Biden's goal of making electric vehicles 50 percent of all auto sales by 2030. In 2022, they made up about 10 percent of all sales.
Universal Music Group and AI platform Udio have settled a copyright lawsuit and will collaborate on a new music creation and streaming platform. The companies announced on Wednesday that they reached a compensatory legal settlement and new licensing agreements. These agreements aim to provide more revenue opportunities for Universal's artists and songwriters. The rise of AI song generation tools like Udio has disrupted the music streaming industry, leading to accusations from record labels. This deal marks the first since Universal and others sued Udio and Suno last year. Financial terms of the settlement weren't disclosed.
Microsoft says users of its Azure cloud portal may be not be able to access Office 365, Minecraft or other services due to issues with its global content delivery network services. The tech company posted a note to its Azure status page that its teams are currently deploying a fix to address the outage.
Nvidia on Wednesday became the first public company to reach a market capitalization of $5 trillion. The ravenous appetite for the Silicon Valley company’s chips is the main reason that the company’s stock price has increased so rapidly since early 2023.
A new poll finds that as the United States rapidly builds massive data centers for the development of artificial intelligence, many Americans are concerned about the environmental impact.
Brain.fm merges music and neuroscience to enhance focus, creativity, and mental health—Dr. Kevin Woods reveals how sound is transforming cognitive performance.
