ECARX, the automotive technology company backed by Geely founder Li Shufu, has signed a strategic framework agreement with May Mobility to supply thousands of autonomy-enabled vehicles for the American robotaxi operator’s commercial fleet. The deal, va…
The hedge fund billionaire turned gubernatorial candidate wants to tax California’s ultrawealthy, regulate AI, and keep Silicon Valley happy at the same time. Good luck with that.
The outspoken billionaire trashes his former home state, but its generous incentives and vast customer base are vital to selling the EV maker’s electric big rig.
Russian sources claim Ukraine is using a deadly new type of FPV with AI guidance and a stand-off warhead which can precisely shoots the target in the head.
The $20bn Kimi developer has informed shareholders it will dismantle its variable-interest-entity structure, after Beijing made it clear an exemption was unlikely. The IPO would be one of the biggest Chinese AI listings on record. Moonshot AI, the Beij…
Rivian Automotive founder RJ Scaringe has founded a new company aimed at developing better humanoid robots as the auto industry learns how to use them more effectively.
Deductibles for Americans enrolled in Obamacare rose by more than $1,000 on average this year after the Republican-led Congress didn’t renew enhanced tax credits.
Bill Winters told investors in Hong Kong that the bank’s HR, risk and compliance functions will shrink by more than 15% over five years, with the headcount efficiency aimed at lifting income-per-employee 20% by 2028. Standard Chartered will cut more th…
The two have formed a joint venture to build a US-based AI compute-as-a-service business on Google’s TPUs, with $5bn of Blackstone equity, $25bn total deal value including leverage, and 500 MW of capacity targeted for 2027. Blackstone and Google have f…
People are AI tokenmaxxing. I explain what this is. Companies are pushing employees to do tokenmaxxing. Not good. An AI Insider analysis and scoop.