According to people familiar with the matter, Apple canceled the electric vehicle project and turned the team to generative artificial intelligence, and the company is gradually ending its decade-long electric vehicle exploration program. Apple's internal disclosure of the news on February 27 came as a surprise to the nearly 2,000 employees involved in the project, and the decision was made by Jeff Williams, chief operating officer, and Kevin Lynch, vice president in charge of the work. Two executives told employees that the project will begin to phase out, and that Long of the team in charge of the car will be transferred to the AI department led by executive officer John Giannandrea, who will focus on generative AI projects, an increasingly critical priority for the company. The Apple Car team also has hundreds of hardware engineers and car designers who have the potential to apply for jobs on other Apple teams. After the news, Apple's stock price, which had fallen nearly 0.9% during the midday session on Tuesday, continued to rebound, rising more than 1% after turning higher at midday, and as of the close, Apple was at $182.63, up 0.81%, with a Market Cap of $2.8 trillion. At the same time, in the face of potential competitors withdrawing from the track, Elon Musk posted two emojis on social platforms, commenting on Apple's cancellation of the car-building plan. It is reported that Apple's car-making history can be traced back to 2014, when approved by Cook, Apple launched the Titan plan, and then used the "money power" to poach from Google, Mercedes-Benz, TSL and other companies, and formed a core team with Silicon Valley + automotive industry genes. By the end of 2019, Apple had poached more than 300 people from TSL. Later, due to Apple's repeated vacillation in the route and direction of car manufacturing, and the delay in the implementation of cooperation objects and forms, the executives involved in the Titan project left a large number of people, and the project was stalled several times. (Changjiang Daily)

According to TechCrunch, on January 17, local time, Amazon announced the launch of AI mapping on its smart TV platform, Fire TV devices. Starting that day, this feature will be available to users in the U.S. using the second-generation Fire TV Stick 4K Max and Fire TV Omni QLED Series. It is reported that this new feature is powered by Amazon's Titan Image Generator.

According to The Paper, Google announced its 2023 annual hot search list on December 11, local time. "The war between Israel and Gaza" topped the list of hot searches in global news this year, followed by the Titan submersible and the earthquake in Turkey. It is reported that many countries have also specifically listed artificial intelligence hot search categories, among which ChatGPT was selected as the first hot search on the French news list. Germany has also specifically counted the category of "artificial intelligence problems", and the hot search words are "What is ChatGPT?" "What is Artificial Intelligence? "What can AI do?" "How does artificial intelligence work?" "What is Midjourney?" In addition, Vietnam also has a separate list of hot search terms related to artificial intelligence.

PANews reported on November 30 that according to _iety reports, Titan Content, a new entertainment company founded by Nikki Semin Han, former president of South Korea's SM Entertainment, completed the first seed round of financing led by RW3 Ventures and Raptor Group, with Dreamus Company as the co-lead investor, Animoca Ventures, Sfermion, Bell Partners AB, Heros Entertainment, Infinity Ventures Crypto, Scrum Ventures, Planetarium, and Avalanche participated among others. The amount of the financing was not disclosed. Titan's goal is to combine traditional K-pop business models and content with Web3, metaverse, and AI innovations.

Odaily Planet Daily reported that CMCC Global, a Hong Kong-based cryptocurrency-focused venture capital institution, has raised US$100 million for a new fund, Titan Fund. Block.one, Hong Kong tycoon Richard Li’s Yingke Group, Winklevoss Capital, Jebsen Capital and Yat Siu, founder of Animoca Brands, participated in the investment. The new fund aims to support Asian blockchain startups driven by virtual assets in Hong Kong in response to the funding crunch triggered by the cryptocurrency industry.

According to PANews on August 22, according to The Block, the US Securities and Exchange Commission (SEC) accused New York-based fintech investment advisory firm Titan Global Management of allegedly violating securities regulations, including violations related to cryptocurrency custody. The SEC alleges that Titan used misleading metrics in its advertisements, including a claim that the “annualized” metric for Titan Crypto’s strategy was as high as 2,700%. Titan failed to properly disclose how the company held crypto assets in custody, and also “failed to adopt policies and procedures regarding employees’ personal transactions in crypto assets.” Titan agreed to a cease and desist order and to pay an $850,000 civil penalty.

On August 22, the U.S. Securities and Exchange Commission (SEC) accused New York-based financial technology investment advisory firm Titan Global Management of violating securities regulations, including violations related to cryptocurrency custody. The SEC alleges that Titan used misleading metrics in its advertisements, including claims that the annualized metrics for Titan Crypto strategies were as high as 2,700%. Titan failed to properly disclose how the company held crypto assets in custody, and had not adopted policies and procedures regarding individual employee transactions in crypto assets. Titan agreed to a cease and desist order and to pay an $850,000 civil penalty.