Oracle Announces Fiscal 2025 Fourth Quarter and Fiscal Full Year Financial Results

Q4 Remaining Performance Obligations up 41% to $138 billion Q4 GAAP Earnings per Share $1.19, non-GAAP Earnings per Share $1.70 Q4 Total Revenue $15.9 billion, up 11% Q4 Cloud Revenue (IaaS plus SaaS) $6.7 billion, up 27% Q4 Cloud Infrastructure (IaaS) Revenue $3.0 billion, up 52% Q4 Cloud Application (SaaS) Revenue $3.7 billion, up 12%… Continue reading Oracle Announces Fiscal 2025 Fourth Quarter and Fiscal Full Year Financial Results

Waymo Hiring For a “Public Affairs Specialist” in Los Angeles While People Are Settings Its Cars on Fire

Waymo is hiring a “community and public affairs specialist” — at the same time that the company’s self-driving vehicles were becoming unwitting participants in Los Angeles’ anti-immigration raid protests. After rabblerousers set fire to a bunch of Waymo’s driverless cabs, the company suspended service in the city of Angels and San Francisco, where satellite solidarity… Continue reading Waymo Hiring For a “Public Affairs Specialist” in Los Angeles While People Are Settings Its Cars on Fire

NVIDIA Builds World’s First Industrial AI Cloud to Advance European Manufacturing

NVIDIA to Build NVIDIA DGX B200- and NVIDIA RTX PRO Server-Powered AI Cloud in Germany to Accelerate Industrial Manufacturing Applications Industrial Software Leaders Ansys, Cadence and Siemens Announce Acceleration With NVIDIA CUDA-X and AI Libraries From Design to Shop Floor Operation, BMW Group, Maserati, Schaeffler and Volvo Cars Tap NVIDIA to Speed Computing PARIS, June… Continue reading NVIDIA Builds World’s First Industrial AI Cloud to Advance European Manufacturing

Hyundai Mobis Unveils New Safety Technology to Prevent Rear-end Collisions

Developing technology that warns drivers of rear-end collision risks while driving on highways and increases vehicle speed to maintain a safe distance Expected to improve driver safety by linking existing driving control technology with front cameras and rear side radar sensors  Providing a ‘defensive driving’ solution for rear vehicles in addition to front collision safety,… Continue reading Hyundai Mobis Unveils New Safety Technology to Prevent Rear-end Collisions

Musk targets June 22 launch of Tesla’s long-promised robotaxi service

Tesla CEO Elon Musk said his company will start offering public rides in driverless vehicles in Austin, Texas, on June 22, which would mark the beginning of his long-promised robotaxi service. That date could shift because Musk claimed Tesla is “being super paranoid about safety.” Tesla Model Y SUVs have been spotted in recent days… Continue reading Musk targets June 22 launch of Tesla’s long-promised robotaxi service

Coco Robotics Raises $80M to Expand Autonomous Delivery and AI Platform

Funding to Accelerate Global Footprint as Coco Scales Toward 10,000 Vehicles by 2026 – the world’s largest autonomous delivery fleet LOS ANGELES, June 11, 2025 /PRNewswire/ — Coco Robotics, the leading autonomous vehicles company for delivery, today announced $80 million in strategic financing to further advance its AI platform, scale its fleet, and grow enterprise partnerships.… Continue reading Coco Robotics Raises $80M to Expand Autonomous Delivery and AI Platform

Industry Leader Jon Gershman Joins Presso as Chief Commercial Officer to Drive Strategic Growth and Partnerships

ATLANTA, June 11, 2025 /PRNewswire/ — Presso®, the Atlanta-based robotics company backed by Silicon Valley’s top investors, is thrilled to announce that Jon Gershman has officially joined the company as Chief Commercial Officer. As Presso prepares to scale nationally, Jon will lead the company’s commercial strategy, partnerships, and capital growth efforts — bringing unmatched industry… Continue reading Industry Leader Jon Gershman Joins Presso as Chief Commercial Officer to Drive Strategic Growth and Partnerships

Data Center Rack Market Size worth $7.57 billion, Globally, by 2030- Exclusive Study by The Research Insights

CHICAGO, June 11, 2025 /PRNewswire/ — The global data center rack market size is projected to be valued at USD 4.48 billion in 2024 and reach USD 7.57 billion by 2030, growing at a CAGR of 9.1% according to a new report by The Research Insights. The data center rack market share is now undergoing major… Continue reading Data Center Rack Market Size worth $7.57 billion, Globally, by 2030- Exclusive Study by The Research Insights

MarketsandMarkets’ 360Quadrants Recognizes Top Startups and SMEs in the EV Battery Quadrant Report 2025

DELRAY BEACH, Fla., June 9, 2025 /PRNewswire/ — 360Quadrants has released its latest EV Battery Startups/SMEs Companies Assessment, 2025, recognizing key players, including both global giants and emerging innovators, for their excellence in market presence, product innovation, and business strategy. The report highlights that Automotive Cells Company, Ultium Cells, Morrow Batteries, and Sila Nanotechnologies Inc., among… Continue reading MarketsandMarkets’ 360Quadrants Recognizes Top Startups and SMEs in the EV Battery Quadrant Report 2025

LG Innotek Unveils World’s First Automotive 5G Broadband Satellite Communication Module

High-speed, high-volume communication anywhere, anytime—enhancing safety and advancing autonomous driving capabilities. “The core of LG Innotek’s Automotive Components Business, aiming to grow the automotive communication module segment into approximately more than 800 million U.S. dollars business.” SEOUL, South Korea, June 9, 2025 /PRNewswire/ — LG Innotek has unveiled the world’s first Automotive 5G Communication Module… Continue reading LG Innotek Unveils World’s First Automotive 5G Broadband Satellite Communication Module