Musk denies report of new ethics conflict in Tesla/xAI FSD revenue-share scheme

Tesla has considered an arrangement that would license AI models from CEO Elon Musk’s AI startup, xAI, according to WSJ. It would be the latest in a number of conflicts of interest that have cropped up related to Musk’s channeling of resources from Tesla, a public company, to xAI, his own privately-held company, though Musk… Continue reading Musk denies report of new ethics conflict in Tesla/xAI FSD revenue-share scheme

Alpha Partners Closes Oversubscribed $153 Million Third Fund

Fund III addresses a significant need in the venture capital industry by allowing early-stage investors to maximize returns on their best deals. NEW YORK, Sept. 9, 2024 /PRNewswire/ — Alpha Partners, a leading growth equity firm that invests in top-tier growth equity rounds led by the world’s best investors, today announced the final close of its… Continue reading Alpha Partners Closes Oversubscribed $153 Million Third Fund

Here’s Why Aptiv PLC (APTV) is a Strong Growth Stock

It doesn’t matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors. Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style… Continue reading Here’s Why Aptiv PLC (APTV) is a Strong Growth Stock

Valeo reaffirms committment to China

Valeo CEO Christophe Périllat poses for a photo in a celebratory event in Zhejiang province on Sept 5, 2024. [Photo provided to chinadaily.com.cn] Valeo is committed to its development in China, where it is developing, testing and introducing innovative products and technologies, said CEO Christophe Périllat. Périllat made the remarks at an event in Zhejiang… Continue reading Valeo reaffirms committment to China

Waymo Giving 100,000 Robotaxi Rides Per Week But Not Making Any Money

Running a robotaxi empire ain’t cheap. Waymore Revenue As its competitors falter, the Google-owned and California-based robotaxi service Waymo seems to be in cruise control. According to figures the company shared in August, Waymo is now giving over 100,000 paid rides to customers each week in San Francisco, Phoenix, and Los Angeles, using its fleet of… Continue reading Waymo Giving 100,000 Robotaxi Rides Per Week But Not Making Any Money

Tech Talk: Remote-control cars are being supersized

Mention remote-controlled cars and thoughts immediately turn to the sort many of us have had fun with, like Tamiya or Kyosho. But behind the scenes at the movers and shakers in automotive firms like Continental, engineers might be talking about something quite different: full-size remote-controlled cars. Autonomous vehicle technology is not just about the infamous… Continue reading Tech Talk: Remote-control cars are being supersized

Boeing Starliner Returns Home to an Uncertain Future

Until now, NASA has paid Boeing roughly $2.7 billion of the $4.6 billion total potential value of its commercial crew contract, according to Finch. The Starliner contract NASA awarded Boeing in 2014 originally had a maximum value of $4.2 billion, but contract modifications since 2014 have added $400 million to the deal. Most of the… Continue reading Boeing Starliner Returns Home to an Uncertain Future

Sales of electrified vehicles drop 18.6% in August

In the total for the year, 75,908 vehicles have been sold, which represents a drop of 3.4% Electrified passenger cars total 5,706 sales, 17.8% less than last year In August, sales of alternative vehicles represent close to half of sales, with conventional hybrids being the first purchase option ANFAC trusts that the renewal of MOVES… Continue reading Sales of electrified vehicles drop 18.6% in August

The algorithmic trading market is projected to grow by USD 15.33 billion from 2024 to 2028, driven by rising demand for AI-powered market surveillance- Technavio

NEW YORK, Sept. 6, 2024 /PRNewswire/ — Report on how AI is driving market transformation- The global algorithmic trading market size is estimated to grow by USD 15.32 billion from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of  14.34%  during the forecast period. High demand for market surveillance is driving market… Continue reading The algorithmic trading market is projected to grow by USD 15.33 billion from 2024 to 2028, driven by rising demand for AI-powered market surveillance- Technavio