Cheng Xin | Getty Images Lyft shares shed about 7.9% after the ride-sharing app reported lackluster fourth-quarter results and offered weak bookings guidance as it lowers prices to keep up with competition. The company reported revenue of $1.55 billion, versus the $1.56 billion expected by analysts polled by LSEG. Revenue grew 27% from $1.22 billion… Continue reading Lyft shares sink nearly 8% on underwhelming fourth-quarter results
Tag: Autonomous
Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid
Tesla and SpaceX CEO Elon Musk joins U.S. President Donald Trump during an executive order signing in the Oval Office at the White House on Feb. 11, 2025 in Washington, DC. Andrew Harnik | Getty Images Tesla shares dropped 6% on Tuesday after Chinese rival BYD announced plans to develop autonomous vehicle technology with DeepSeek,… Continue reading Tesla drops 6% after BYD partners with DeepSeek, Musk adds to DOGE distractions with OpenAI bid
German FAZ: NVIDIA CEO: Autonomous cars become “The first trillion dollar market for robotics” 008743
Speak to the vehicle assistant like with chatt? Check. Vehicle manufacturers such as Mercedes, BMW, Audi or Škoda 2024 put a catch in this box. At the electronics fair CES in Las Vegas, every year shows where the next trend is going – now also for the automotive industry. Accordingly, the AI will merge even… Continue reading German FAZ: NVIDIA CEO: Autonomous cars become “The first trillion dollar market for robotics” 008743
Plan for advanced assistance system, revoking driver licences to curb accidents in Odisha
CM Mohan Charan Majhi recently stated that monetary assistance should be provided to transport operators to install ADAS devices in their commercial vehicles. State govt has initiated measures to reduce accident fatalities by promoting advanced driver assistance system (ADAS) and revoking driving licences (DL) of repeat traffic violators. During a senior-level road safety meeting here… Continue reading Plan for advanced assistance system, revoking driver licences to curb accidents in Odisha
project44 extends partnership with HERE Technologies to power supply chain visibility
Since 2017, HERE and project44 have partnered to bring customers location intelligence for end-to-end supply chain visibility HERE continues to be a Preferred Supplier for global location data on the project44 platform Las Vegas – HERE Technologies, the leading location data and technology platform, today announced an extension of its partnership with project44, the leader… Continue reading project44 extends partnership with HERE Technologies to power supply chain visibility
Hyundai Mobis leads innovation in the field of automotive interior design with a new movable sound system
Development of a movable sound system synchronized with the rollable display system Delivering a differentiated user experience through sound optimization and luxury automotive interior design Innovative integration of a premium display + sound system targeting the global market SEOUL, South Korea, Feb. 12, 2025 /PRNewswire/ — Advancing as a future mobility technology specialist, Hyundai Mobis (KRX… Continue reading Hyundai Mobis leads innovation in the field of automotive interior design with a new movable sound system
AEYE Health in partnership with Topcon Healthcare, Inc, Announces Exceptional Usability and Clinical Efficacy for Autonomous Diabetic Retinopathy Screening
Powerful combination delivers immediate, dilation-free, fully autonomous AI diagnostic screening with 100% imageability for referable diabetic retinopathy OAKLAND, N.J., Feb. 12, 2025 /PRNewswire/ — AEYE Health, the premier provider of artificial intelligence-based diagnostics for retinal imaging along with Topcon Healthcare, Inc., a leading provider of digital solutions for “Healthcare from the Eye™ and robotic diagnostic… Continue reading AEYE Health in partnership with Topcon Healthcare, Inc, Announces Exceptional Usability and Clinical Efficacy for Autonomous Diabetic Retinopathy Screening
Electric Vehicles Today – Lightweight Materials Propel Sustainable Market Growth
The electric vehicle lightweight materials market is witnessing significant growth, driven by innovations such as the launch of aerogel particles for advanced thermal management and next-generation nonwoven fabrics for safer electric vehicle batteries. The market, valued at approximately $6.85 billion in 2023, reflects a strong compound annual growth rate with projections to reach $76.25 billion… Continue reading Electric Vehicles Today – Lightweight Materials Propel Sustainable Market Growth
Why Tesla Stock Continued Its Freefall Today
Tesla (TSLA 3.00%) stock has been in freefall, and that accelerated today. Shares of the electric vehicle (EV) leader are now lower by more than 15% so far this year. As of 1:40 p.m. ET, Tesla shares were down by 5.3% on the day. The recent decline comes as CEO Elon Musk has stayed in… Continue reading Why Tesla Stock Continued Its Freefall Today
China’s BYD links up with DeepSeek in an AI threat to Tesla
Chinese automaker BYD (1211.HK) has inked a deal with DeepSeek to co-develop new autonomous technology, which could be bad news for automakers like Tesla (TSLA). DeepSeek, the China-based generative AI company, has been in the spotlight recently, largely because it offers AI technology comparable with OpenAI’s but reportedly at less expense while requiring fewer resources.… Continue reading China’s BYD links up with DeepSeek in an AI threat to Tesla