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FAA audit hits Boeing 737 Max production over quality control issues

Barron’s Senior Writer Al Root joins Barron’s Roundtable to discuss the latest Boeing stock price and what to expect from the company in 2024. The US Federal Aviation Administration (FAA) announced a production audit of the aircraft on Monday. Boeing 737 Max The manufacturing process and its supplier, Spirit AeroSystems, discovered multiple instances of companies […]

Boeing to stabilize 737 production later this year, exec says

Aviation expert Peter Rehm discussed reports on the Evening Edit that an Alaska Airlines jet was missing several bolts when it left a Boeing factory. Aerospace giant Boeing plans to stabilize production of 737 jetliners at a pace of 38 jets per month in the second half of this year, after the manufacturer slowed production […]

OpenAI Boss Sam Altman Seeks *Trillions* to Fund AI Chip Production

OpenAI CEO Sam Altman is pushing ahead with a highly ambitious plan that could require raising up to $7 trillion to reshape the global semiconductor industry and expand AI capabilities . of wall street journal report OpenAI CEO Sam Altman is in talks with investors, including the United Arab Emirates government, to raise significant funding […]

Russia increases drone production during Ukraine war: defense minister

Russian Defense Minister Sergei Shoigu said that although Russia has increased production of military drones over the past year, it still needs to overcome some technical problems, according to footage released by the ministry on Saturday. revealed. Russia has regularly used drones during the two-year war in Ukraine, often relying on the deployment of cheap […]

Sam Altman wants ‘trillions of dollars’ to jumpstart global AI chip production: report

OpenAI chief Sam Altman reportedly aims to raise “trillions of dollars” to jump-start global production of high-performance computer chips needed for advanced artificial intelligence. . Altman, who was briefly ousted as OpenAI’s CEO last year but returned days later, is in talks with a variety of potential investors to raise a staggering sum of money, […]