Hyundai Motor Group has today announced a significant increase in investment to US$ 26 billion (Rs 216,606 crore) in the United States, reinforcing its long-term commitment to innovation, jobs creation, and sustainable growth across key industries. This investment will be made between 2025 and 2028, significantly expanding the Group’s footprint in the US market. This new commitment… Continue reading Hyundai increases US investment by $5 billion to $26 billion
Tag: Autonomous
Groundbreaking Research from LF AI & Data Reveals Open Source is Paramount for Global Sovereign AI
New report from LF AI & Data, LF Research, and Futurewei shows organizations are pursuing sovereign AI for greater data control, national security and localization AMSTERDAM, Aug. 26, 2025 /PRNewswire/ — AI_dev — LF AI & Data, the premier organization supporting open source innovation in artificial intelligence and data under the Linux Foundation, today announced the release… Continue reading Groundbreaking Research from LF AI & Data Reveals Open Source is Paramount for Global Sovereign AI
Tesla could have avoided that $242.5M Autopilot verdict, filings show
Months before a jury awarded a $242.5 million verdict against Tesla over its culpability in a 2019 fatal crash, the automaker had a chance to settle for $60 million. Instead, Tesla rejected that offer, according to new legal filings that were first reported by Reuters. The settlement proposal, which was made in May, was disclosed… Continue reading Tesla could have avoided that $242.5M Autopilot verdict, filings show
Africa Premier AI Conference 2025 Opens in Mombasa with a Call for Digital Sovereignty and Inclusive Innovation
MOMBASA, Kenya, Aug. 25, 2025 /PRNewswire/ — The Africa Premier AI Conference 2025 (APAIC 2025) officially opened today in Mombasa with a powerful keynote speech by Mary Kerema, Secretary ICT, E-Government and Digital Economy, Ministry of ICT and the Digital Economy, Kenya, who called on African leaders, innovators, and partners to shape a digital future… Continue reading Africa Premier AI Conference 2025 Opens in Mombasa with a Call for Digital Sovereignty and Inclusive Innovation
‘Tesla could fall 90% tomorrow, and I wouldn’t buy a share’, says top 1% fund manager
A growing star in the small world of fund managers, David Giroux, has some harsh words for the current stock market and Tesla’s stock in particular. He said he would not touch Tesla’s stock even if it dropped 90%. Over the last few years, Giroux has become a prominent figure in the world of conservative… Continue reading ‘Tesla could fall 90% tomorrow, and I wouldn’t buy a share’, says top 1% fund manager
Awkward Tesla Robotaxi incident proves they are putting optics over safety
An awkward Tesla Robotaxi incident, where the “safety monitor” had to exit the vehicle in the middle of traffic to take the driver’s seat, suggests that Elon Musk’s company is prioritizing optics over safety. At Electrek, we have warned all year that the launch of Tesla’s ‘Robotaxi’ is more about optics, giving the impression that… Continue reading Awkward Tesla Robotaxi incident proves they are putting optics over safety
Early Chinese Tesla Model Y L reviews show good dynamics, cramped 3rd row
Tesla released its larger, six-seat Model Y L in China one week ago, and now we’re starting to get an idea of what it’s capable of from the earliest reviews. Here at Electrek, we usually prefer to conduct our own reviews for cars, rather than reporting on the reviews of others. However, the Model Y… Continue reading Early Chinese Tesla Model Y L reviews show good dynamics, cramped 3rd row
Take It for a Spin: NVIDIA Rolls Out DRIVE AGX Thor Developer Kit to World’s Automotive Developers
As autonomous vehicle systems rapidly grow in complexity, equipped with reasoning vision language action models, generative AI and advanced sensor technologies, developers need tools that are powerful, efficient and built to meet automotive-grade safety requirements. The NVIDIA DRIVE AGX Thor developer kit — now available for preorder today, with delivery in September — provides developers… Continue reading Take It for a Spin: NVIDIA Rolls Out DRIVE AGX Thor Developer Kit to World’s Automotive Developers
NVIDIA Blackwell-Powered Jetson Thor Now Available, Accelerating the Age of General Robotics
News Summary: NVIDIA Jetson AGX Thor developer kit and production modules, robotics computers designed for physical AI and robotics, are now generally available. Over 2 million developers are using NVIDIA’s robotics stack, with Agility Robotics, Amazon Robotics, Boston Dynamics, Caterpillar, Figure, Hexagon, Medtronic and Meta among early Jetson Thor adopters. Jetson Thor, powered by NVIDIA… Continue reading NVIDIA Blackwell-Powered Jetson Thor Now Available, Accelerating the Age of General Robotics
Kodiak Appoints Surajit Datta as Chief Financial Officer
Seasoned finance executive to help guide Kodiak as it enters its next phase of growth and advances towards its business combination to become a publicly traded company MOUNTAIN VIEW, Calif., Aug. 25, 2025 /PRNewswire/ — Kodiak Robotics, Inc. (“Kodiak”), a leading provider of AI-powered autonomous vehicle technology, today announced that Surajit Datta has joined the company as… Continue reading Kodiak Appoints Surajit Datta as Chief Financial Officer