Microsoft Eyes $7B Texas Energy Deal to Power AI Data Centers 
MATCH Act Targets ASML and Chinese Chipmakers in New U.S. Export Crackdown 
TSMC Japan's Second Fab to Produce 3nm Chips by 2028 
Google's TurboQuant Algorithm Sends Memory Chip Stocks Tumbling 
Australia's Social Media Ban for Under-16s Sparks Global Movement 
NASA Artemis II: First Crewed Moon Mission Since Apollo Takes Four Astronauts on 10-Day Lunar Journey 
Apple Turns 50: From Garage Startup to AI Crossroads 
Federal Judge Blocks Pentagon's Blacklisting of AI Company Anthropic 
California's AI Executive Order Pushes Responsible Tech Use in State Contracts 
Cybersecurity Stocks Tumble After Anthropic's Claude Mythos AI Leak Sparks Market Fears 
SpaceX IPO Filing Expected This Week as Valuation Could Surpass $75 Billion 
Nanya Technology Shares Surge 10% After $2.5 Billion Private Placement from Sandisk and Cisco 
Microsoft's $10 Billion Japan Investment: AI Infrastructure and Data Sovereignty Push 
Britain Courts Anthropic Amid US Defense Department Dispute 
OpenAI Executive Shake-Up Ahead of Anticipated 2026 IPO 
Makemation: a Nollywood movie that shows AI in action in Africa 
Meta Ties Executive Pay to Aggressive Stock Price Targets in Major Retention Push 
In a world where fledgling car companies often rocket to the top of the hype ladder only to crash back to earth just as quickly, the introduction of the $160,000 Lucid Air luxury sedan can be concerning. During a recent meeting with reporters, Lucid Motors showcased a vehicle that’s armed to the teeth with technological majesty. So far, the Air seems poised to make it to the top and seems to have the potential to make a profit.
According to Peter Rawlinson, the CTO at Lucid, the Air is basically "a private jet on four wheels," USA Today reports. This is largely because of the sheer number of advanced sensors, gadgets, and amenities provided by the vehicle.
For example, it’s equipped with the latest in lidar and radar technology, as well as several cameras. This essentially makes it capable of semi-autonomous driving. It would also appear that the seats can do a full recline, which is a common feature on private airplanes.
In terms of performance, the Air comes with twin electric motors, which are placed at the front and the rear of the vehicle. These two motors can provide a maximum of 1,000 horsepower combined, allowing the luxury sedan to accelerate to 60 mph in a matter of 2.5 seconds. This makes it comparable to the Ferrari LaFerrari, which is a hypercar that’s priced at $1.4 million, about ten times more expensive than the Air.
As far as luxury features go, the Air is already hitting many of the requirement boxes. However, since it is an electric vehicle, it also caters to the environmentally conscious. More than that, it would appear that Lucid’s luxury sedan offering has a range of 300 miles, which addresses a huge concern that drivers have with EVs. For those who are prepared to cough up some more money, the range can be increased to 400 miles.
Lucid is planning on producing about 10,000 of the Air sedan by 2018, the Los Angeles Times reports, with eventual numbers planned being 60,000 per year. Just for comparison, Tesla Motors is currently at 50,000 EVs a year, but Elon Musk intends to increase production tenfold once manufacturing for the Model 3 hits its stride.
