The Alphabet Inc. unit says the massive funding infusion shows its investors are patient when it comes to commercializing autonomous technology–and underscores its leading position in that industry.
Lucio Tan has extended a bridging loan to the country’s flag carrier as it sinks deeper into the red, with a record net loss of $1.5 billion for full-year 2020.
The pandemic craze for cycling has not abated and neither have the supply challenges. Halfords, with its own bike brands and a focus on servicing, can win either way.
After Ferrari finally appointed a new leader, investors breathed a sigh of relief, before dumping the shares citing worries about how much money would have to be spent turning gas guzzlers into electric cars. Investors were thinking again about the sky-high luxury-goods type valuation of its shares.
The electric truck startup that’s going public this year is convinced shifting delivery trucks, armored cars, forklifts and other heavy work vehicles to battery power will generate billions of dollars of revenue and get some of the biggest polluters off the road.
Zhang Hui, the chief executive of Full Truck Alliance, is poised to join the world’s billionaire ranks as his company nears an initial public offering in the U.S.
Here's a breezy explanation about the nature of confidential computing, along with a look at how AI systems are impacted and likewise AI-based self-driving cars.
General Motors has again increased its planned investment in electric and automated vehicles to $35 billion by 2025 and will add 2 more lithium ion cell production plants
The Alphabet Inc. unit says the massive funding infusion shows its investors are patient when it comes to commercializing autonomous technology–and underscores its leading position in that industry.
Emirates airline received $3.1bn of government assistance and let almost a third of its staff go during the Covid-19 pandemic, but still posted an annual loss of $6bn
Cruise has received a $5 billion line of credit from GM Financial to help fund its acquisition of a fleet of Origin robotaxis as it prepares to launch commercial mobility services
Ship recycling is a multibillion-dollar global industry. But the majority of the world’s ships end up in just three shipbreaking yards in South Asia where the industry has been plagued by poor working conditions and pollution.
Here's why: