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The Innovation Report

Shadow AI: The Costly Consequences Are Coming

Despite its popularity, shadow AI is ranked third highest in adding costs to data breaches, just behind Supply Chain breaches and complex security systems. It adds $200,321...

Google To Provide $10M For Manufacturing Institute AI Training Programs

The funding announcement comes as the United States faces a significant manufacturing skills gap. According to the MI, some 1.9 million manufacturing roles could go unfilled by...

Max Space Unveils New Expandable Space Habitat For The Moon And Beyond

Next-generation space habitats for low Earth orbit, the moon and beyond are on display here at the Space Foundation's 41st annual Space Symposium. Max Space has unveiled a large...

Depleted Oil Fields Offer Hydrogen Storage Sites

Hydrogen is a clean-burning gas that could help to tackle climate change by reducing our dependence on fossil fuels. But storing and transporting hydrogen is expensive and...

Electric Vehicles

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Autonomous Cars

Climate

World’s First Commercial Electric Air Taxi Flight

The Chinese manufacturer EHang made commercial demonstration flights in two cities, marking the first passenger-carrying eVTOL trips. The hype around electric vertical takeoff and landing (eVTOL) air taxis is growing, even in non-aviation circles. Chinese manufacturer...

EV Models Eligible For $7,500 Tax Credit Cut To 13

The number of electric vehicle models eligible for a consumer tax credit of as much as $7,500 fell sharply as new rules from the Biden administration kicked in on Jan. 1. Narrower criteria reduced the number of qualifying models to 13 from about two dozen, according...

Tesla Sold 1.8 Million Electric Vehicles In 2023

Tesla found new homes for 1.8 million electric vehicles last year, it revealed on Tuesday afternoon. That will no doubt please CEO Elon Musk—it means the company has met its sales volume goal given to investors when it released its 2022 financial results at the end of...