China's top three premium EV makers see boost in deliveries in June, but incentives and discounts make profitability harder goal
TECHNOLOGY POWERING BUSINESS
News Innovation
EU Focuses On Microsoft-OpenAI Deal In New Probe
EU steps up scrutiny of artificial intelligence (AI) industry with probes into Microsoft's OpenAI investments, Google's AI deal with Samsung
Renault-Backed EV Start-Up BeyonCa Sets Up In Hong Kong
BeyonCa, backed by Renault and Dongfeng Motor, aims to create 'Made In Hong Kong' luxury electric vehicle brand
Troubled EV Maker Rivian Lays Out Path To Profitability
At first-ever investor day EV maker Rivian lays out profitability plans after $5bn deal with VW offers it financial lifeline
Nyobolt Reveals EV Battery That Recharges In Just Five Minutes
Range anxiety solution? Nyobolt demos its ultra-fast charging car battery recharging to 80 percent in just five minutes
Tesla Argues Elon Musk Won Battle Over $56 Billion Pay Package
Tesla, citing shareholder vote, claims Elon Musk has won the legal battle over $56bn pay package, despite judge ruling against it
OpenAI Signs Content Agreement With Time
OpenAI signs “strategic content partnership” with Time to access current and archive content from last 101 years
Lack Of Clarity On AI Regulation Hindering UK Projects
Freshworks research highlights enterprise concern that lack of clarity around AI regulation, is holding back AI adoption
VinFast Touts Cheap And Tiny EV, Amid Sales Concerns
Amid concerns about EV sales, a new small and cheap EV from VinFast is aimed primarily at the Asian market
SpaceX Wins Contract For International Space Station Disposal
NASA selects Elon Musk' SpaceX to build deorbit vehicle for International Space Station at the end of its operational life
Amazon Finally Breaches $2 Trillion Valuation
Long time coming. Amazon has reached a $2 trillion market capitalisation - six years after it passed a $1 trillion valuation
Rivian To Gain Up To $5 Billion Investment From Volkswagen
Crucial intervention? Volkswagen to form joint venture with Rivian to share electric vehicle software and architecture
Tesla Issues Fourth Recall For Cybertruck
Most Cybertrucks in the United States are being recalled over problems with windshield wipers and exterior trim
Waymo Opens Autonomous Ride Hailing Taxi To All San Fran Residents
Alphabet's Waymo unit opens its autonomous ride-hailing service to all residents of San Francisco, after similar move in Phoenix in 2020
Recording Labels Sue Start-Ups Over AI-Generated Music
World's biggest music groups sue two AI start-ups over auto-generated songs they say are trained on copyrighted content
White House Says Microsoft’s G42 AI Deal ‘Positive’ As It Ousted Huawei
White House says Microsoft's $1.5bn investment in AI company G42 was 'positive' because it forced Huawei divestment
EU, China Agree To Talks Over Planned EV Tariffs
EU, China hold talks and agree to further negotiations as bloc plans tariffs up to 38 percent on Chinese electric vehicle (EV) imports
Workers Killed In Fire At South Korean Battery Plant
At least 22 workers killed in fire at lithium battery plant near Seoul after chain of explosions destroy second floor of structure
Apple Delays AI Features In EU Over DMA Rules
Apple to delay launch of AI and two other new features in EU, arguing new competition rules pose privacy and security risks
Nvidia Cedes Top Market Spot To Microsoft
Nvidia cedes title of most valuable US listed company back to Microsoft as Apple regains No. 2 spot amidst continued AI frenzy
Amazon Mulls $5 Monthly Charge For AI Alexa – Report
“Desperate attempt” to monetise service. AI upgrade of Amazon's Alexa voice assistant will entail a monthly $5 or even $10 fee
McDonald’s Ends Its AI Drive-Through Assistant Experiment
Test by MacDonald’s to replace human servers with AI-based voice assistants for its drive-through (or drive-thru) is to end
Anthropic Launches Newest AI Model, Claude 3.5 Sonnet
Just three months after launching its Claude 3 model family, startup Anthropic launches an updated AI model
Brand Voice
Why Manufacturers are in the Crosshairs of Threat Actors
As Manufacturers try to deal with challenges ranging from natural disasters to the global supply chain, a new challenge has entered the field: digital transformation. Whilst essential to maintain a competitive edge and to optimise oper ...
OpenAI Co-Founder Ilya Sutskever To Start New AI Firm
Ilya Sutskever is creating a new AI firm, as part of his stated intention for a project that ‘personally meaningful’ to him
Intelligent Machines: AI and Manufacturing
As AI begins to be applied as a practical tool, what are the challenges manufacturers are facing using AI across their processes? Will manufacturing be transformed by AI?
AI, Cloud Skills Gap Is Accelerating Training, Upskilling For Firms
SoftwareOne research finds cloud and AI skills gaps are accelerating retraining and upskilling efforts for nearly all UK businesses
OpenAI Appoints Former Head Of US Cyber Command To Its Board
Bolstering security and safety. Retired US Army General Paul M. Nakasone appointed to OpenAI's board of directors
US Urges Netherlands, Japan To Increase Chip Kit Restrictions For China
American official heads to Japan after Dutch meeting, as US seeks to increase restrictions on chip-making equipment for China
UK Investigates HPE’s $14bn Acquisition Of Juniper Networks
UK competition regulator begins investigation into the multi billion dollar acquisition of Juniper Networks by Hewlett Packard Enterprise