Vedanta Q1 Update: Aluminium, iron ore, zinc production up 1-3%, oil & gas output down 17% | Mint

Vedanta Ltd on Wednesday, July 3, reported a rise in production of aluminium, zinc, iron ore and steel in the April-June quarter of fiscal 2024-25 (FY25). However, the metals-to-mining conglomerate reported a rise in the production of mined metal overseas, while oil and gas output dropped during the quarter. The Anil Agarwal-led conglomerate said in … Read more

Electric-vehicle maker Rivian simplifies output, cuts cost

Factory retooling to save 35% in material cost for vans * CEO sees similar savings for R1 SUVs and pickups * CEO highlights improved manufacturing efficiency * Cost cuts to calm investor nerves – analyst (Adds TV is available) By Abhirup Roy NORMAL, Illinois, June 24 (Reuters) – Electric-vehicle maker Rivian’s drive to cut costs … Read more

All Generative AI output is essentially a hallucination

LLMs are designed to understand and generate human language by processing vast amounts of data, literally every scrap on the internet. They leverage specific learning techniques to create sophisticated models that can perform various language-related tasks.  The most prominent examples, such as OpenAI’s and Google’s, have demonstrated remarkable proficiency in functions like text and image … Read more