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Renault reorganises towards electric future

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The flagship division of Renault's reorganisation is Ampere
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French automaker Renault presented its green revamp to investors Tuesday, splitting its operations in two: a new electric vehicle unit and a subsidiary for thermal and hybrid assets that will pair up with China’s Geely. 

The electric vehicle market is expected to grow rapidly in response to consumers’ worries about climate change, putting pressure on manufacturers to develop less polluting products.

The European Union last month agreed to phase out new CO2-emitting vehicles by 2035, a move set to turbo-charge the production of electric prototypes on the continent.

At an investor day in Paris on Tuesday, Renault outlined its green transformation. 

The car maker’s flagship division following the reorganisation will be Ampere, which will produce electric vehicles and employ around 10,000 staff in France.

Renault plans to invite investment in Ampere but would remain the majority shareholder.

Ampere is being prepared for an initial public offering on the Euronext Paris in the latter half of 2023, Renault said.

Renault also intends to combine its technological, manufacturing and research and development activities for its hybrid and internal-combustion vehicles with Chinese automaker Geely in a new entity, “Horse”.

The groups will share the division to design, develop, produce and sell components and systems for hybrid and internal-combustion vehicles, employing 19,000 people across Europe, China and South America.

“We are designing an agile and innovative organisation to manage the volatility and accelerated technological evolution of our time,” said Renault CEO Luca de Meo.

Investors on Monday expressed their interest in Renault’s transformation, with the group’s shares climbing 3.77 percent on the Paris stock market.

The company suffered a historic loss in 2020 and its recovery was destabilised by its withdrawal from Russia following Moscow’s invasion of Ukraine.

The value of traditional car manufacturers pales in comparison to new players on the market specialising in electric vehicles such as Elon Musk’s Tesla or Chinese firm BYD.

Renault still needs large investment to accelerate its electric transformation, according to plans it presented in 2020.

US giant Ford has taken similar steps, announcing the creation of the “Ford Model E” earlier this year.

Renault’s sales of traditional internal-combustion vehicles are falling. In the first nine months of 2022, hybrid and electric vehicles represented 38 percent of the brand’s registrations in Europe, a year-on-year increase of 12 percent.

The planned separation of Renault’s electric and conventional production has concerned trade unions after several waves of job cuts.

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AI’s relentless rise gives journalists tough choices

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The arrival of ChatGPT sent shockwaves through the journalism industry
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The rise of artificial intelligence has forced an increasing number of journalists to grapple with the ethical and editorial challenges posed by the rapidly expanding technology.

AI’s role in assisting newsrooms or transforming them completely was among the questions raised at the International Journalism Festival in the Italian city of Perugia that closes on Sunday.

 – What will happen to jobs? –

AI tools imitating human intelligence are widely used in newsrooms around the world to transcribe sound files, summarise texts and translate.

In early 2023, Germany’s Axel Springer group announced it was cutting jobs at the Bild and Die Welt newspapers, saying AI could now “replace” some of its journalists.

Generative AI — capable of producing text and images following a simple request in everyday language — has been opening new frontiers as well as raising concerns for a year and a half.

One issue is that voices and faces can now be cloned to produce a podcast or present news on television. Last year, Filipino website Rappler created a brand aimed at young audiences by converting its long articles into comics, graphics and even videos.

Media professionals agree that their trade must now focus on tasks offering the greatest “added value”.

“You’re the one who is doing the real stuff” and “the tools that we produce will be an assistant to you,” Google News general manager Shailesh Prakash told the festival in Perugia.

– All about the money –

The costs of generative AI have plummeted since ChatGPT burst onto the scene in late 2022, with the tool designed by US start-up OpenAI now accessible to smaller newsrooms.

Colombian investigative outlet Cuestion Publica has harnessed engineers to develop a tool that can delve into its archives and find relevant background information in the event of breaking news.

But many media organisations are not making their own language models, which are at the core of AI interfaces, said University of Amsterdam professor Natali Helberger. They are needed for “safe and trustworthy technology”, he stressed.

– The disinformation threat –

According to one estimate last year by Everypixel Journal, AI has created as many images in one year as photography in 150 years.

That has raised serious questions about how news can be fished out of the tidal wave of content, including deepfakes.

Media and tech organisations are teaming up to tackle the threat, notably through the Coalition for Content Provenance and Authenticity, which seeks to set common standards.

“The core of our job is news gathering, on-the-ground reporting,” said Sophie Huet, recently appointed to become global news director for editorial innovation and artificial intelligence at Agence France-Presse.

“We’ll rely for a while on human reporters,” she added, although that might be with the help of artificial intelligence.

– From Wild West to regulation –

Media rights watchdog Reporters Without Borders, which has expanded its media rights brief to defending trustworthy news, launched the Paris Charter on AI and journalism late last year.

“One of the things I really liked about the Paris Charter was the emphasis on transparency,” said Anya Schiffrin, a lecturer on global media, innovation and human rights at Columbia University in the United States. 

“To what extent will publishers have to disclose when they are using generative IA?” 

Olle Zachrison, head of AI and news strategy at public broadcaster Swedish Radio, said there was “a serious debate going on: should you mark out AI content or should people trust your brand?”

Regulation remains in its infancy in the face of a constantly evolving technology.

In March, the European Parliament adopted a framework law aiming to regulate AI models without holding back innovation, while guidelines and charters are increasingly common in newsrooms.

AI editorial guidelines are updated every three months at India’s Quintillion Media, said its boss Ritu Kapur.

None of the organisation’s articles can be written by AI and the images it generates cannot represent real life.

– Resist or collaborate? –

AI models feed off data, but their thirst for the vital commodity has raised hackles among providers.

In December, the New York Times sued OpenAI and its main investor Microsoft for violation of copyright.

In contrast, other media organisations have struck deals with OpenAI: Axel Springer, US news agency AP, French daily Le Monde and Spanish group Prisa Media whose titles include El Pais and AS newspapers.

With resources tight in the media industry, collaborating with the new technology is tempting, explained Emily Bell, a professor at Columbia University’s journalism school.

She senses a growing external pressure to “Get on board, don’t miss the train”.

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Malaysia to build massive chip design park: PM

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Malaysian Prime Minister Anwar Ibrahim has announced a plan to build a massive chip design park
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Malaysia’s leader on Monday announced plans to build a massive semiconductor design park, aiming to boost the Southeast Asian nation’s role in the global chip industry.

A prominent player in the semiconductor industry for decades, Malaysia accounts an estimated 13 percent of global back-end manufacturing, according to German tech giant Bosch.

Now it wants to go beyond production and emerge as a chip design powerhouse too, Prime Minister Anwar Ibrahim said Monday.

“I am pleased to announce the largest IC (integrated circuit) Design Park in Southeast Asia, that will house world-class anchor tenants and collaborate with global companies such as Arm,” Anwar said in a speech, referring to the British chip design giant.

The park will be located in Selangor state, he said, without offering any details on costs and timelines.

AFP has reached out to Arm for comment.

The project would mark a significant step for Malaysia, which has long been a chip manufacturing hub, with its northern island of Penang home to a number of facilities and is often dubbed the country’s Silicon Valley.

Tensions between Washington and Beijing over advanced tech, especially semiconductors, in recent years have forced many firms to look into relocating their manufacturing from China to other countries including Malaysia, Vietnam and India.

The Malaysian government is actively pursuing investment in its semiconductor industry, and Anwar has said the country should have done better with past opportunities to grow the sector.

“The fact is that we have experienced missed opportunities in technology investments, making it imperative for us to re-strategise,” he said Monday.

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Bill to ban TikTok in US moves ahead in Congress

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TikTok says a ban on the app would violate freedom of expression
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The US House of Representatives approved a bill Saturday that would force the wildly popular social media app TikTok to divest from its Chinese parent company ByteDance or be shut out of the American market.

US and other Western officials have voiced alarm over the popularity of TikTok with young people, alleging that it allows Beijing to spy on users. It has 170 million in the United States alone.

These critics also say TikTok is subservient to Beijing and a conduit to spread propaganda. China and the company deny these claims.

The bill, which could trigger the rare step of barring a company from operating in the US market, now goes to the Senate for a vote next week. It passed the House on Saturday with strong bipartisan support, by a margin of 360 to 58.

President Joe Biden has stated he will sign the legislation. He reiterated his concerns about TikTok in a telephone conversation with Chinese President Xi Jinping early this month.

The ultimatum to the social media app was included in a broader text that provides aid for Ukraine, Israel and Taiwan.

TikTok quickly complained Saturday after the vote, saying in a statement “it is unfortunate that the House of Representatives is using the cover of important foreign and humanitarian assistance to once again jam through a ban bill that would trample the free speech rights of 170 million Americans, devastate 7 million businesses, and shutter a platform that contributes $24 billion to the U.S. economy, annually.”

– Under scrutiny –

Under the bill, ByteDance would have to sell the app within a year or be excluded from Apple and Google’s app stores in the United States.

The House of Representatives last month approved a similar bill cracking down on TikTok, but the measure got held up in the Senate.

Steven Mnuchin, who served as US treasury secretary under former president Donald Trump, has said he is interested in acquiring TikTok and has assembled a group of investors.

TikTok has been in the crosshairs of US authorities for years, with authorities saying the platform allows Beijing to snoop on users in the United States.

But a law banning it could trigger lawsuits. This bill gives the US president the authority to designate other applications as a threat to national security if they are controlled by a country deemed hostile.

Elon Musk, the billionaire owner of X, formerly Twitter, came out Friday against banning TikTok, saying it went against freedom of expression.

“TikTok should not be banned in the USA, even though such a ban may benefit the X platform,” Musk said in a post on the social network he acquired in 2022.

“Doing so would be contrary to freedom of speech and expression,” said Musk.

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