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Nikola Motor claims it received over 7,000 pre-orders worth over $2.3 billion for its electric truck

Interesting…


Last month, we reported on a new Salt Lake City-based startup, Nikola Motor, unveiling the design of its first product; an electric truck with a natural gas range extender called ‘Nikola One’. The company attracted a lot of attention for having a name reminiscent of Tesla Motors – both inspired by the physicist Nikola Tesla – but it also unveiled serious ambitions to revolutionize the trucking industry.

The ‘Nikola One’ will be equipped with a massive 320 kWh battery pack and the company hopes that it will be able to travel up to 1,200 miles with the natural gas range extender. Now the company announced that it received over 7,000 pre-orders with deposits for its electric truck since the unveiling of the concept last month. CEO Trevor Milton says that the pre-orders are worth over $2.3 billion.

The company made the announcement in a press release this morning. Milton said:

Hyperloop Company Claims New Material Is 10X Stronger Than Steel, 5X Lighter Than Aluminum

Originally published on Gas2.

Hyperloop Transportation Technologies (HTT) says it has created a new material that is ten times stronger than steel but 5 times lighter than aluminum. Think about that for a minute. Assuming those claims can be verified, and also assuming the material is not otherworldly expensive, it may take the place of carbon fiber the way Saran Wrap displaced waxed paper.

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How Quantum Computing Can Make Finance More Scientific

Exponential Finance celebrates the incredible opportunity at the intersection of technology and finance. Apply here to join Singularity University, CNBC, and hundreds of the world’s most forward-thinking financial leaders at Exponential Finance in June 2017.

Modern life is punctuated by market cycles.

One year the gears of commerce are whirring along. Businesses are hiring and investing. People are buying houses and cars, televisions and computers. Things are going great. Then a year later, the gears screech to halt—sweeping layoffs, plummeting investment, and crashing markets. No one’s buying anything.

3D Printing and Diversity: It’s Time to Start Taking It Seriously

Finally, someone is getting the concept about why in tech where you’re producing technologies that ultimately support many areas of the consumer market in the form of bio/ medical, consumer commercial products, art, homes/ buildings, autos, etc. You must be more inclusive in your teams or find your product and services will plataeu as more and more competitors crowd the space over time; something that other industries have learned many many decades ago.


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Because most of the quickly growing companies and startups that tend to dominate it emerged from the maker community, the 3D printing industry often seems to find itself a little sequestered from the rest of the tech industry. Part of the reason is that very few of the industry’s largest companies started or are even based in Silicon Valley. While there is more to the tech industry than Northern California, it is often treated like the popular kids’ lunch table: everyone wants to sit there, and those that are tend to ignore those that aren’t. Sure most of the world’s large tech shows and conferences include plenty of 3D printing these days, but there still isn’t as much crossover as you’d expect, and 3D printing is still treated like that weird cousin who you’re not exactly sure is going to amount to anything.

I certainly can’t speak for everyone, but it almost feels as if being off in its own corner has been good for 3D printing. It has allowed a culture that thrives on open source technology and software to take root, and proven that businesses don’t need excessive patents to be successful if they build their companies correctly. In reality, 3D printing, despite being tech- and software-driven, probably has more in common with the manufacturing industry than high tech. However for all of its varied differences, the 3D printing industry does share one thing with most of the big tech companies in the world, it has a bit of a diversity problem.

China must learn that tech transfer two-process deal

Interesting read and one that many have learned over the years; however, the rules are always changing though.


Illustration: Peter C. Espina /GT

The story of China’s rapid modernization through the use of Western technology took an unusual twist last week when a US firm aiming to build America’s first high-speed rail line abruptly cut its ties with a Chinese partner over technology transfer issues. XpressWest, the US builder of the line connecting Los Angeles and Las Vegas, was quite frank, blaming its decision on Washington’s requirement that rail cars for the project be locally manufactured.

While XpressWest wasn’t more specific, its brief announcement strongly implied that its Chinese partner, China Railway International (CRI), was unwilling to make the necessary technology transfers for the project to go ahead.

Down Under: Missing 3D Printer Used to Make Illegal Gun Found & More Bikies in Cuffs

Several months ago I warned folks about how criminals can use AI (drones, robots, self driving cars, 3D printers printing drugs, etc.) against the public. Here is another example of how stolen technology can place people at risk.


Australia definitely has a love/hate relationship with 3D printing. There are numerous research programs and innovative ideas coming to us from Down Under, from a periodontist bioprinting jaw and gum cells for future dental surgeries to a group of entrepreneurs using the technology to benefit a charity for children at risk. New partnerships and distribution agreements abound.

3D printing is undoubtedly responsible for an inordinate amount of good happening—with much more to come—on the Australian continent. But the subject of fabricated weaponry has led the government to explore the dark side of this technology, with some police even admitting that they are terrified of 3D printed guns. Whether law enforcement approves or not, the flow of hardware is certainly on the rise for offering the tools of the trade to designers on nearly every level, legal or otherwise.

Automakers Don’t Care That People Don’t Trust Self-Driving Cars

What happens when the consumers you chose to ignore refuses to buy your cars and buys from others who still produce non-autonomous cars.


The survey results are coming in.

We need to be honest with ourselves: the era of autonomous vehicles will soon begin. In fact, it already has. Automakers and major technology companies such as Google and Apple are all heavily investing in the technology, and there’s not going to be any slowdown. According to a new IHS Automotive study, sales of self-driving vehicles are now expected to reach nearly 21 million by 2035, an even higher number than previously predicted.

In fact, “global sales of autonomous vehicles will reach nearly 600,000 units in 2025,” states IHS director of research, Egil Juliussen, Ph.D. As first reported by The Detroit Bureau, the decade between 2025 and 2035 will see the most substantial growth for autonomous driving tech. But here’s the thing: a few surveys are showing that the public doesn’t trust the technology. One survey asked Americans what level of automation they would want in their cars. Only 15.5% of the 618 respondents said they’d like something with self-driving capabilities. 38.7% were OK with partially self-driving vehicles, while 45.8% said they didn’t want any autonomous tech at all. But are these reactions unique only to Americans? No.

We are ‘almost definitely’ living in a Matrix-style simulation, claims Elon Musk

Elon Musk, the billionaire entrepreneur and founder of Space X, Tesla and Paypal, has told an interviewer there is only a “one in billions” chance that we’re not living in a computer simulation.

Speaking at San Francisco’s Code Conference this week, Musk said that he has had “so many simulation discussions it’s crazy”, and that it got to the point where “every conversation [he had] was the AI/simulation conversation”.

He also claimed that, if we’re not living in a simulation, we could be approaching the end of the world.

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