Ola’s valuation slashed 35% to USD 4.8 bn by US investor Vanguard

The value of Ola’s shares held by the Vanguard group funds fell to around USD 203.78 as on February 28, 2023, from USD 311.85 as of August 31, 2022, the filings showed. Funds managed by US investment firm Vanguard marked down the valuation of ride-hailing company Ola by 35% to USD 4.8 billion, according to… Continue reading Ola’s valuation slashed 35% to USD 4.8 bn by US investor Vanguard

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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

The Weird Way Australia’s Bushfires Influenced a Weirder La Niña

This may not have been the first time that bushfire smoke significantly affected La Niña. Fasullo and his colleagues are now investigating Australia’s notoriously awful 1974–75 fire season. In 1975 and 1976, scientists had forecast a warm El Niño, but that turned into what researchers instead dubbed an “aborted El Niño event,” when a cool… Continue reading The Weird Way Australia’s Bushfires Influenced a Weirder La Niña

Google I/O 2023: Google Adds Generative AI to Search

Six months ago, Google didn’t appear remotely worried about its search business. Then OpenAI’s ChatGPT was unleashed, and Microsoft’s Bing spawned a chatbot. At Google’s annual I/O conference today, the search giant announced that it will infuse results with generative artificial intelligence technology similar to that behind ChatGPT. The company is launching an experimental version of its prized… Continue reading Google I/O 2023: Google Adds Generative AI to Search

Automotive Artificial Intelligence Market Size to Grow USD 3607.5 Million by 2029 at a CAGR of 3.6% | Valuates Reports

BANGALORE, India, May 9, 2023 /PRNewswire/ — The Global Automotive Artificial Intelligence Market is Segmented by Type (Automatic Drive, ADAS), by Application (Passenger Cars, Commercial Vehicles), by Level of Autonomy (Level 1, Level 2, Level 3, Level 4): Global Opportunity Analysis and Industry Forecast, 2022-2029. It is published in Valuates Reports under the Science Category. The global Automotive… Continue reading Automotive Artificial Intelligence Market Size to Grow USD 3607.5 Million by 2029 at a CAGR of 3.6% | Valuates Reports

Autonomous delivery startup Nuro to restructure, pause commercial expansion

Autonomous delivery startup Nuro is in the midst of a restructuring that will result in layoffs and shift resources away from commercial operations and towards R&D. This is the second time in less than a year that Nuro — a darling of the AV world that has raised $2.13 billion — has laid off workers… Continue reading Autonomous delivery startup Nuro to restructure, pause commercial expansion

Automotive Artificial Intelligence Market Size to Grow USD 3607.5 Million by 2029 at a CAGR of 3.6% | Valuates Reports

BANGALORE, India, May 9, 2023 /PRNewswire/ — The Global Automotive Artificial Intelligence Market is Segmented by Type (Automatic Drive, ADAS), by Application (Passenger Cars, Commercial Vehicles), by Level of Autonomy (Level 1, Level 2, Level 3, Level 4): Global Opportunity Analysis and Industry Forecast, 2022-2029. It is published in Valuates Reports under the Science Category. The global Automotive… Continue reading Automotive Artificial Intelligence Market Size to Grow USD 3607.5 Million by 2029 at a CAGR of 3.6% | Valuates Reports

Deliverect Acquires ChatFood

Deliverect, a Ghent, Belgium-based global scale-up that integrates and accelerates online orders for restaurants, acquired ChatFood, a Dubai, UAE-based leader in social media ordering, order and pay at table, and loyalty solutions. The amount of the deal was not disclosed. The acquisition enables Deliverect to extend and support social media, dine-in QR and direct channel… Continue reading Deliverect Acquires ChatFood

Automotive Artificial Intelligence Market Size to Grow USD 3607.5 Million by 2029 at a CAGR of 3.6% | Valuates Reports

BANGALORE, India, May 9, 2023 /PRNewswire/ — The Global Automotive Artificial Intelligence Market is Segmented by Type (Automatic Drive, ADAS), by Application (Passenger Cars, Commercial Vehicles), by Level of Autonomy (Level 1, Level 2, Level 3, Level 4): Global Opportunity Analysis and Industry Forecast, 2022-2029. It is published in Valuates Reports under the Science Category. The global Automotive… Continue reading Automotive Artificial Intelligence Market Size to Grow USD 3607.5 Million by 2029 at a CAGR of 3.6% | Valuates Reports

Uber starts offering flight bookings in the UK

The company plans to become a wider travel booking platform. Uber has started offering domestic and international flight bookings in the UK and will continue rolling it out across the whole region over the coming weeks, according to the Financial Times. The company’s general manager for the UK, Andrew Brem, told the publication that this… Continue reading Uber starts offering flight bookings in the UK