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Global Markets | European shares inch lower as tariff threats drag automakers; investors assess Mideast progressEuropean shares ticked lower on Monday as European automakers came under pressure following threats of a U.S. tariff hike, while investors ...- Rivian stock (RIVN) today surges after Uber’s $1.25 billion bet on robotaxis – here's the breakdown of the deal and what investors need to knowRivian stock (RIVN) today: Rivian Automotive's stock surged over 7% following a significant partnership with Uber Technologies. Uber plans ...
- Only a few automakers to keep up AI push, Gartner saysBy 2029, just 5% of automakers will maintain strong AI investment growth, down from over 95% today, technology research firm Gartner said i...
- Volkswagen extends Amazon cloud partnership to save costs with AIVolkswagen has extended its partnership with Amazon Web Services for five years to enhance its digital production platform using AI. Alread...
- China has an army of robots on its side in the tariff warChina is rapidly automating factories with AI-powered robots, cutting costs and boosting export competitiveness amid global trade tensions....
- Audi announces massive job cuts, sends big message to luxury car industryAudi employs about 88,000 people worldwide, including 55,000 in Germany.
- AI analytics firm Pyramid Analytics secures $50 million from BlackrockPyramid Analytics, an AI-powered business analytics firm, secured $50 million in funding from Blackrock. This investment highlights the gro...
- Google, Volkswagen partner on smartphone AI assistantThe AI assistant draws on Google's Gemini large language models, programs that can understand and generate predictive responses to human la...
- Yellow.ai launches model-as-a-service through Orchestrator LLMYellow.ai's Orchestrator LLM combines 15 AI models for enterprise tasks, enhancing customer conversations. It reduces operational costs, bo...
- Skoda Auto, Volkswagen Group Technology Solutions India strengthen partnershipSkoda Auto is strengthening its partnership with Volkswagen Group Technology Solutions India, focusing on enhancing its app portfolio, arti...
- Chinese EV maker Xpeng to hire 4,000, invest in AIThe additional employees would represent a 25% expansion of the Volkswagen-backed EV maker's workforce from the latest headcount of 15,829 ...
- Volkswagen creates AI lab, in talks with potential partners for digital prototypesThe company has founded a new 'artificial intelligence lab' to generate new product ideas, including possible cooperation with companies in...
- Mercedes-Benz launches 'dialogue partner' voice assistantThe assistant will be rolled out in vehicles including the new concept CLA class, an all-electric take on the carmaker's smaller four-door ...
- Snap puts 10 billion AI chatbot messages to use refining its ad businessMore than 150 million people — about 20% of Snapchat’s monthly users — have sent 10 billion messages to the chatbot, called My AI, since it...
- Indian-origin Ashok Elluswamy was first employee to be hired for Tesla's Autopilot team, says MuskBefore joining Tesla, Elluswamy was associated with Volkswagen Electronic Research Lab and WABCO Vehicle Control System. He holds a bachelo...
- Cruise, GM partner with Microsoft to ramp up self-driving vehiclesMicrosoft will join GM, Honda and institutional investors in a combined new equity investment of more than $2 billion in Cruise, bringing t...
- China's Baidu to create an intelligent EV company with automaker GeelyGeely will also be a strategic investor in the new company, which will be an independent subsidiary of Baidu.
- Volkswagen CEO expects autonomous cars on market from 2025-2030Herbert Diess cited the improving performance of computer chips needed in autonomous cars while developments in artificial intelligence are...
- VW is said to have approached self-driving startup AuroraThe German carmaker has been scouring Silicon Valley for targets or partnerships that can help it develop self-driving cars and other mobil...
- Nissan-Renault plans $1 billion fund for auto tech startupsThe formation of the alliance fund follows similar moves by competitors including General Motors Co.’s GM Ventures LLC, BMW Group’s i Ventu...
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