Consolidated Sales: $10.1 billion, down 8% year-over-year. Adjusted EBIT: $354 million with an adjusted EBIT margin of 3.5%. Adjusted EPS: $0.78, down 28% year-over-year. Free Cash Flow: Used $313 million in the quarter. North American Production: Reduced by about 100,000 units to 15 million. Capital Spending: Expected to be in the $1.7 billion to $1.8… Continue reading Magna International Inc (MGA) Q1 2025 Earnings Call Highlights: Navigating Challenges and …
Tag: Autonomous
Fleeting chances: will autonomous trucks create new jobs?
As self-driving trucks and vans take to the road, they have the potential to create new job opportunities and transform the industry for the better. Self-driving vans and trucks are developing quickly, and people are excited about how they could change the logistics landscape. But paired with excitement is an increasing worry that autonomous trucks… Continue reading Fleeting chances: will autonomous trucks create new jobs?
TechCrunch Mobility: Aurora launches its driverless commercial trucking service, and a surprise bidder joins Canoo’s bankruptcy case
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Your usual host Kirsten has passed the reins to me, Rebecca Bellan, for the day, and I want to talk about Aurora Innovation and its last-minute save. … Continue reading TechCrunch Mobility: Aurora launches its driverless commercial trucking service, and a surprise bidder joins Canoo’s bankruptcy case
Aurora launches its driverless commercial trucking service, and a surprise bidder joins Canoo’s bankruptcy case
Welcome back to TechCrunch Mobility — your central hub for news and insights on the future of transportation. Sign up here for free — just click TechCrunch Mobility! Your usual host Kirsten has passed the reins to me, Rebecca Bellan, for the day, and I want to talk about Aurora Innovation and its last-minute save. … Continue reading Aurora launches its driverless commercial trucking service, and a surprise bidder joins Canoo’s bankruptcy case
Uber’s latest autonomous vehicle partner? Chinese startup Momenta
Uber announced Friday yet another autonomous vehicle partnership as it leverages its dominant ride-hail and delivery position while relying on partners to supply the self-driving tech it isn’t building in-house. Today, the lucky startup is Chinese self-driving firm Momenta. The tie-up comes a day after Uber added Ann Arbor-based May Mobility to its roster of… Continue reading Uber’s latest autonomous vehicle partner? Chinese startup Momenta
Uber plans to offer self-driving rides in Texas with May Mobility this year
Uber announced that it will offer self-driving rides powered by May Mobility on its app in Texas later this year. The ride-hailing platform will have both Waymo and May Mobility on its platform in Texas, while Tesla plans to compete with them all in Austin soon. Tesla is grabbing a lot of headlines with its… Continue reading Uber plans to offer self-driving rides in Texas with May Mobility this year
NVIDIA Experts Share Top 5 Tips for Standing Out in the AI Job Market
With graduation season approaching, a new cohort of students is embarking on next steps, aiming to use their passions and skills to make a real, tangible impact on the world. For many, this means — first and foremost — landing a job. According to a survey by Inside Higher Ed, more than 60% of students… Continue reading NVIDIA Experts Share Top 5 Tips for Standing Out in the AI Job Market
Uber: Uber and Momenta Announce Strategic Agreement for Robotaxi Deployment
– Uber and Momenta Announce Strategic Agreement for Robotaxi Deployment SAN FRANCISCO & BEIJING–(BUSINESS WIRE)–Uber Technologies, Inc. (NYSE: UBER) and Momenta today announced a strategic agreement to introduce autonomous vehicles to the Uber platform, in international markets outside of the US and China. First deployment for the partnership will take place in Europe at the… Continue reading Uber: Uber and Momenta Announce Strategic Agreement for Robotaxi Deployment
AI APIs Market Poised to Surge: USD 13910 Million Valuation by 2030, Driven by 21.7% CAGR | Valuates Reports
BANGALORE, India, May 2, 2025 /PRNewswire/ — AI APIs Market is Segmented by Type (Web API, Program API), by Application (Automotive, Consumer Electronics, Industrial Robot). The Global AI APIs Market was valued at USD 3365 Million in 2023 and is anticipated to reach USD 13910 Million by 2030, witnessing a CAGR of 21.7% during the… Continue reading AI APIs Market Poised to Surge: USD 13910 Million Valuation by 2030, Driven by 21.7% CAGR | Valuates Reports
Gcore and AzInTelecom LLC announce strategic partnership to deliver sovereign cloud services in Azerbaijan
Gcore’s first regional collaboration to roll out sovereign, low-latency cloud infrastructure across the country LUXEMBOURG, May 2, 2025 /PRNewswire/ — Gcore, the global edge AI, cloud, network, and security solutions provider has announced a strategic partnership with AzInTelecom LLC, operating under the Azerbaijan Transport and Communications Holding (AZCON). The collaboration will focus on developing sovereign cloud services that… Continue reading Gcore and AzInTelecom LLC announce strategic partnership to deliver sovereign cloud services in Azerbaijan