Fail
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The world’s biggest battery maker says Elon Musk’s 4680 cell ‘is going to fail’
Robin Zeng, the founder of the world’s largest EV battery company, says Tesla CEO Elon Musk’s big bet on 4680 cylindrical cell technology “is going to fail and never be successful.” Zeng, the chairman of China’s Contemporary Amperex Technology (CATL), tells Reuters that when Musk visited China in April, “We had a very big debate, and I showed him. He…
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Nearly half of all digital initiatives still fail – here’s how you can learn from the ‘digital vanguard’ and deliver success
Fewer than half of digital initiatives hit their business outcome targets, according to research from Gartner, with only a small proportion doing much better. A survey of more than 3,100 CIOs and technology executives – and over 1,100 executive leaders outside of IT (CxOs) – by the consultancy found it’s only among the ‘digital vanguard’ that the majority of digital…
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Generative AI Projects Fail Amid High Costs and Risks
Despite the promise of artificial intelligence transforming industries, rising costs and mounting risks are causing many AI projects to falter, as highlighted by several recent reports. At least 30% of generative AI projects will be abandoned after the proof-of-concept stage by the end of 2025, according to a new Gartner report. Companies are “struggling to prove and realise value” in…
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CrowdStrike Accepts ‘Epic Fail’ Award
Black Hat and DEF CON are two of the major security conferences in the U.S., drawing large crowds of cyber and AI decision-makers to Las Vegas. Black Hat USA 2024 ran from Aug. 3-8, with most of the briefings occurring on Aug. 7 and 8; DEF CON 32 ran from Aug. 8-11. We’re rounding up the enterprise business tech news…
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