Uncategorized – Page 183 – I wish I had more to offer

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EV maker Rivian takes bold bet with higher-priced vehicles amid heating competition

SAN FRANCISCO, May 10 (Reuters) – Rivian Automotive Inc (RIVN.O) is betting it can keep prices high for its debut lines of electric pickup trucks and sport-utility vehicles even when competition swells, its CEO said, a bold move that may be necessary if the startup wants to make a profit. And one some see as… Continue reading EV maker Rivian takes bold bet with higher-priced vehicles amid heating competition

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[1/2] ChatGPT logo and AI Artificial Intelligence words are seen in this illustration taken, May 4, 2023. REUTERS/Dado Ruvic/Illustration BRUSSELS, May 11 (Reuters) – European lawmakers came a step closer to passing new rules regulating artificial intelligence tools such as ChatGPT, following a crunch vote on Thursday. The European Union’s highly anticipated AI Act is… Continue reading article with gallery

GM overhauls North American commercial vehicle sales operations

DETROIT, May 10 (Reuters) – General Motors Co (GM.N) will consolidate North American sales operations for commercial vehicles, parts and telematics services under a new brand umbrella, GM Envolve, that will compete with Ford Motor Co’s (F.N) Ford Pro unit and others for revenue from business vehicle fleets. GM executives said the reorganization is aimed… Continue reading GM overhauls North American commercial vehicle sales operations

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MOUNTAIN VIEW, California, May 10 (Reuters) – The financial report you read, the apparel marketing you see and the chat assistant you engage may soon reflect a common origin: artificial intelligence from Google. The cloud division inside Alphabet Inc (GOOGL.O) is lining up customers to put its newest technology to the test, so-called generative AI… Continue reading Untitled

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May 10 (Reuters) – Alphabet Inc’s (GOOGL.O) Google on Wednesday is expected to unveil more artificial intelligence in its products to answer the latest competition from Microsoft Corp (MSFT.O), which has threatened its perch atop the nearly $300-billion search advertising market. Through an internal project code-named Magi, Google has looked to infuse its namesake engine… Continue reading Untitled

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BEIJING, May 10 (Reuters) – A man in China’s Gansu province has been detained for allegedly using ChatGPT to generate a fake story about a train crash, marking China’s first arrest in an AI-related probe as Beijing tightens deepfake technology. The story, which claimed the crash killed nine construction workers in a city in China’s… Continue reading Untitled

Ford’s new muscle truck, Ranger Raptor, made possible by EVs

[1/2] A Ford Ranger Raptor is seen at a Ford event in Michigan, U.S., May 5, 2023. REUTERS/Joe White DETROIT, May 10 (Reuters) – Ford Motor Co (F.N) on Wednesday unveiled the latest addition to its muscle truck franchise – a Ranger Raptor midsize pickup with a 405-horsepower engine and a suspension designed for racing… Continue reading Ford’s new muscle truck, Ranger Raptor, made possible by EVs

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May 10 (Reuters) – Shares of Rivian Automotive Inc (RIVN.O) rose 7% on Wednesday as its positive earnings stood out in a poor quarter for electric-vehicle startups, but analysts warned that stiff competition will be a hurdle in its path to profitability. The company looked set to add nearly $800 million to its market valuation,… Continue reading Untitled