The fully operational, state-of-the-art, 157,000 square foot Locus Park facility serves as the nexus for hundreds of Locus employees driving the company’s mission to revolutionize global supply chains through advanced robotics solutions. This milestone facility represents Locus Robotics’ commitment to pushing the boundaries of warehouse automation technology. Rick Faulk, CEO of Locus Robotics, expressed his… Continue reading Locus Robotics Unveils State-of-the-Art Global Headquarters as Company Closes In On 4 Billion Picks Milestone
Tag: Autonomous
Hexagon evaluating potential separation of its Asset Lifecycle Intelligence business
STOCKHOLM, Oct. 25, 2024 /PRNewswire/ — Hexagon AB (NASDAQ Stockholm: HEXA B) announces that the Board of Directors has authorised management to evaluate a potential separation of its Asset Lifecycle Intelligence (ALI) business (“NewCo”) by way of a Lex Asea distribution (or “spin-off”) to its shareholders. Hexagon is evaluating listing options for NewCo in the… Continue reading Hexagon evaluating potential separation of its Asset Lifecycle Intelligence business
Elon Musk Mocks Idea of an Affordable $25,000 Tesla
“It would be silly.” Let Them Eat Cars Tesla CEO Elon Musk has seemingly given up on an affordable personal vehicle. During this week’s earnings call, the increasingly unpredictable CEO went as far as to mock the idea of a non-autonomous $25,000 car, dismissing it as “pointless.” That’s because Musk has doubled down on the… Continue reading Elon Musk Mocks Idea of an Affordable $25,000 Tesla
President Biden sets up new AI guardrails for military, intelligence agencies
The White House issued its first national security memorandum outlining the use of artificial intelligence for the military and intelligence agencies. The White House also shared a shortened copy of the memo with the public. The new memo sets up guidelines for military and intelligence agencies for using AI in its day-to-day operations. The memo… Continue reading President Biden sets up new AI guardrails for military, intelligence agencies
Strathcona Resources Ltd. Announces Retirement of President and CEO Rob Morgan and Appointment of New Leaders
CALGARY, AB, Oct. 24, 2024 /PRNewswire/ – Strathcona Resources Ltd. (“Strathcona” or the “Company”) (TSX: SCR) today announced the retirement of Rob Morgan as President and CEO, effective October 31, 2024. “On behalf of the board of directors, I would like to sincerely thank Rob for his leadership at Strathcona,” commented Adam Waterous, Strathcona’s Executive Chairman,… Continue reading Strathcona Resources Ltd. Announces Retirement of President and CEO Rob Morgan and Appointment of New Leaders
Efficient Bosch solutions for the commercial vehicles of today and tomorrow
Efficient powertrains, reliability on the road Electric powertrain: Bosch manufactures economical and efficient electrification solutions for both light and heavy commercial vehicles. The Bosch e-axle is easy to integrate into commercial vehicles of up to 7.5 metric tons. One benefit of this is that fleet operators will still be able to serve delivery routes in… Continue reading Efficient Bosch solutions for the commercial vehicles of today and tomorrow
Aptiv buys 18% stake in Chinese self-driving tech provider MAXIEYE for $80mMAXIEYE is also backed by Fosun Capital, Texas Instruments, and Ambarella.
NYSE-listed auto parts supplier Aptiv has picked up an 18% stake in Chinese self-driving technology provider MAXIEYE Automotive Technology for 570 million yuan ($80.1 million), according to a company release on Thursday. Aptiv will tie up with MAXIEYE to develop a computing platform that integrates advanced algorithms and Wind River software, as the firm seeks… Continue reading Aptiv buys 18% stake in Chinese self-driving tech provider MAXIEYE for $80mMAXIEYE is also backed by Fosun Capital, Texas Instruments, and Ambarella.
Move over Waymo, here comes Wayve: a new self-driving player in California
Wayve, a well-funded London-based autonomous vehicle startup backed by Uber and Softbank, will begin testing its “Tesla-like” self-learning automated driving software in San Francisco and the Bay Area. The move marks its first on-road trials outside of the UK. Wayve opened a new office in Sunnyvale, California, to support its US expansion and AI development,… Continue reading Move over Waymo, here comes Wayve: a new self-driving player in California
Elon Musk just said some wild things about Tesla’s self-driving rollout
Elon Musk just said some wild things about Tesla’s self-driving rollout – clarifying the path to Tesla deploying unsupervised autonomous vehicles next year. He may regret some of these comments. At the risk of repeating myself, Tesla has never released any data about its (Supervised) Full Self-Driving (FSD) program beyond the total number of miles… Continue reading Elon Musk just said some wild things about Tesla’s self-driving rollout
Tesla stock soars 22% for best day in over a decade on Musk’s 2025 growth projection
Elon Musk attends ‘Exploring the New Frontiers of Innovation: Mark Read in Conversation with Elon Musk’ session during the Cannes Lions International Festival Of Creativity 2024 – Day Three on June 19, 2024 in Cannes, France. Marc Piasecki | Getty Images Tesla shares soared 22% to close at $260.48 on Thursday, the stock’s best day… Continue reading Tesla stock soars 22% for best day in over a decade on Musk’s 2025 growth projection