Tesla drastically lowered the price of its electric vehicles in the U.S. and Europe in a bid to beef up sales after missing its vehicle delivery targets in the fourth quarter. The price of a long-range Model Y, one of its larger cars, dropped nearly 20% to $52,990 on Thursday evening, according to the company’s website. It also lowered the prices on the Model 3, Model S and Model X. The...
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Oracle’s Answer to the Microsoft-OpenAI Alliance: Cozying Up to Cohere
Oracle has invested in Cohere, an artificial intelligence startup that competes with OpenAI, the startup said on Thursday. What Cohere didn’t say: Oracle plans to make the startup a centerpiece of its strategy to catch up to bigger cloud rivals that sell services powered by large-language models. Steve Miranda, a senior Oracle executive, has told employees the company plans to sell access...
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