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The move also comes when Apple faces stiff competition from other tech giants in the electric vehicle space, such as Xiaomi and Sony.

Apple has reportedly finally given up on its long-running and secretive electric car project.


The project was dubbed Project Titan. According to a report by Bloomberg, the tech giant reportedly broke the news to its employees on Tuesday. The report said that many of the 2,000-strong car team will be reassigned to other areas, such as generative AI.

The decision to scrap the electric car project is a surprise, given that Apple has been on it for years. Reportedly it has even tested its autonomous driving technology on public roads.

The Microsoft-Mistral agreement draws the scrutiny of the European Commission.

Microsoft has inked a multi-year partnership with French startup Mistral AI to make its artificial intelligence (AI) models, like ‘Le Chat,’ available through the Azure cloud computing platform.


Essentially, Microsoft’s investment will be used to purchase equity in Mistral. The valuation of Mistral AI remains the same even after Microsoft’s investment.

This move comes amidst regulatory scrutiny faced by Microsoft in Europe and the US over its significant investment in OpenAI.