Tag: Tier 1 Suppliers

AI startup Code Metal is going beyond vibe coding with the help of $36 million in fresh capital

Code Metal co-founders (L-R): SVP of technology Alex Showalter-Bucher, and CEO Peter Morales Courtesy Code Metal Inc. Peter Morales started Code Metal two years ago, jumping into the market for artificial intelligence coding tools at a time when AI companies were rapidly changing the market for software development. Now he’s got $36.5 million in the… Continue reading AI startup Code Metal is going beyond vibe coding with the help of $36 million in fresh capital

Code Metal Raises $36.5 Million For Verifiable, AI-Powered Code Translation

BOSTON, Nov. 12, 2025 /PRNewswire/ — Code Metal today announced it has closed $36.5 million of funding for its Series A round to advance its goal of accelerating mission-critical industries with provably correct AI code translation. The round was led by venture capital firm Accel and values the company at $250 million. The raise marks a… Continue reading Code Metal Raises $36.5 Million For Verifiable, AI-Powered Code Translation

Upgraded Forecast and Buyback Program Could Be a Game Changer for Magna International (TSX:MG)

Magna International Inc. recently reported third quarter 2025 earnings, raising its full-year sales guidance to between US$41.1 billion and US$42.1 billion, and announced a new share repurchase program while affirming its quarterly dividend. An important development is Magna’s advancement of its driver monitoring technology in China, reflecting its commitment to growing safety-oriented product lines in… Continue reading Upgraded Forecast and Buyback Program Could Be a Game Changer for Magna International (TSX:MG)

All You Need to Know About Magna (MGA) Rating Upgrade to Buy

Magna (MGA) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). An upward trend in earnings estimates — one of the most powerful forces impacting stock prices — has triggered this rating change. The Zacks rating relies solely on a company’s changing earnings picture. It tracks… Continue reading All You Need to Know About Magna (MGA) Rating Upgrade to Buy

Teradar raises $150M for a sensor it says beats lidar and radar

Matt Carey, the co-founder and CEO of Boston-based startup Teradar loves when people tell him: “I don’t believe you.” That’s “right where we want folks,” he recently told TechCrunch. Carey has spent the last few years quietly building a solid-state sensor that sees the world using the terahertz band of the electromagnetic spectrum, which sits… Continue reading Teradar raises $150M for a sensor it says beats lidar and radar

BorgWarner Secures Contract for 7-in-1 Integrated Drive Module with Chinese Automaker

BorgWarner has announced a new supply agreement with a leading Chinese original equipment manufacturer for its 7-in-1 Integrated Drive Module (iDM). The technology will be deployed in the automaker’s hybrid SUV platform, marking another significant partnership in the rapidly expanding Chinese new energy vehicle market. The iDM represents a comprehensive integration approach, consolidating seven key… Continue reading BorgWarner Secures Contract for 7-in-1 Integrated Drive Module with Chinese Automaker

India’s fabless future lies in mechatronics integration’ — Lumax Auto’s CEO on EV Industry Strategy

India’s drive toward developing a robust electric vehicle (EV) supply chain faces formidable challenges, particularly for indigenous component suppliers navigating global competition and acute raw material scarcity. Speaking at the India EV Conclave, organised by Autocar Professional, Vikas Marwah, CEO of Lumax Auto Technologies, offered a stark, candid assessment of the road to localization, concluding… Continue reading India’s fabless future lies in mechatronics integration’ — Lumax Auto’s CEO on EV Industry Strategy

GPS Tracking Device Market Share Dominated by OBD Units as Advanced Smart Trackers Set to Expand at 14.23% CAGR to 2030, Says Mordor Intelligence

HYDERABAD, India, Nov. 12, 2025 /PRNewswire/ — GPS tracking device market is valued at USD 4.25 billion in 2025 and is projected to reach USD 7.43 billion by 2030, expanding at a CAGR of 11.82% during the forecast period (2025–2030). The market report highlights that the increasing integration of telematics in transportation, rising demand for fleet management,… Continue reading GPS Tracking Device Market Share Dominated by OBD Units as Advanced Smart Trackers Set to Expand at 14.23% CAGR to 2030, Says Mordor Intelligence

Finastra Bolsters Technology Leadership Team with Strategic Executive Appointments

“In today’s rapidly evolving financial technology landscape, data and security are at the core of trust and transformation,” said Mike Stawchansky, Chief Technology Officer at Finastra. “Their expertise will accelerate our delivery of modern financial services software and strengthen our position as the trusted partner for mission-critical banking solutions.” The appointments include: Ali Khan, Chief… Continue reading Finastra Bolsters Technology Leadership Team with Strategic Executive Appointments