Teco invests in ZEPT
Teco Electric & Machinery has acquired a 25% stake in ZEPT, a Taiwan-based startup that develops powertrain modules used in electric vehicles (EVs), for cooperation in developing EV-use power systems and tapping corresponding markets......»»
Amazon invests up to $4 billion in Anthropic AI in exchange for minority stake and further AWS integration
Amazon said on Monday that it's investing up to $4 billion into the artificial intelligence company Anthropic in exchange for partial ownership and Anthropic's greater use of Amazon Web Services (AWS), the e-commerce giant's cloud computing platform......»»
Amazon invests $4 billion in Anthropic AI in exchange for minority stake and further AWS integration
Amazon said on Monday that it's investing $4 billion into the artificial intelligence company Anthropic in exchange for partial ownership and Anthropic's greater use of Amazon Web Services (AWS), the e-commerce giant's cloud computing platform......»»
Nissan shows dealers a new retail model, says more EVs coming
Nissan CEO Makoto Uchida committed to a diversified powertrain strategy in which the company invests in both internal combustion vehicles and electric vehicles......»»
Stellantis invests $100M in Calif. "green" lithium project
The investment in the world's largest geothermal lithium sourcing effort will help make Stellantis EVs eligible for federal consumer incentives......»»
GM invests in battery materials startup in quest for lower-cost EVs
GM is the primary automaker customer of Mitra Chem, which aims to reduce battery costs through the use of iron-based cathodes......»»
BMW invests more in EVs to meet growing demand
The level of buyer interest in EVs means BMW is "investing more than originally planned in the global ramp-up of e-mobility," CFO Walter Mertl said......»»
Micron invests another $600 million in China despite partial sales ban
Micron said Friday it was committed to China and would invest 4.3 billion yuan ($603 million) over the next few years in its chip packaging facility in the city of Xian......»»
Stellantis Ventures invests in tech, sustainability startups
Stellantis Ventures announced Thursday the 10 startups it plans to invest in. They include AI dash cam developer Nauto and off-road trail guide company Trails Offroad as well as other sustainability and technology focused startups. The fund is also i.....»»
Hyundai invests in 42dot to establish global software center
Hyundai Motor took another step forward to transform its vehicles. The automaker injected KRW346.2 billion (US$265.1 million) into the majority-owned self-driving startup, 42dot, last week to set up a global software center for software-defined vehic.....»»
Stellantis invests in lithium-sulfur EV battery startup Lyten
Stellantis is backing Lyten, a Silicon Valley startup that employs 3-D graphene, a "supermaterial," to create smaller, more dense lithium-sulfur EV batteries......»»
Accenture invests in SpiderOak to elevate satellite communications security in space
Accenture has made a strategic investment, through Accenture Ventures, in SpiderOak. SpiderOak’s OrbitSecure product suite brings zero trust security to zero gravity environments. OrbitSecure leverages a combination of no-knowledge encryption and d.....»»
Toyota ‘investing like crazy" in new EV batteries but no big sea change expected
Toyota's top scientist expects lithium ion battery chemistry to be the mainstay for another 10 to 20 years, even as the automaker invests ‘like crazy' in breakthrough technologies......»»
Nio invests China-based SiC startup Qingchun Semiconductor
As battery electric vehicles (BEV) are moving from 400V to 800V architecture, China-based new energy vehicle (NEV) brand Nio invested in China-based SiC startup Qingchun Semiconductor, looking to capitalize on the rising demand for SiC in application.....»»
Elon Musk warns AI could cause "civilization destruction" even as he invests in it
Elon Musk warned in a new interview that artificial intelligence could lead to "civilization destruction," even as he remains deeply involved in the growth of AI through his many companies, including a rumored new venture......»»
Taiwanese ICT players keen to develop diverse EV power solutions
Many Taiwan-based ICT and electro-mechanics players, including Foxconn Technology, Delta Electronics and Teco Electric & Machinery, have been keen to roll out diverse EV solutions with their existing manufacturing advantages, aiming to explore the im.....»»
Apple invests another $200M in carbon removal tech, wants to use iPhone’s LiDAR scanner to analyze results
Last week, Apple provided an in-depth update on its progress towards going completely carbon neutral in its supply chain by 2030. Now, the company has announced a new partnership with Climate Asset management to expand its “innovative Restore Fund.....»»
Baidu invests in RISC-V chip company StarFive
Shanghai-based RISC-V chip technology startup StarFive announced on March 23 that it has received strategic investment from China's search giant Baidu, Reuters reported. In total, the startup has raised over CNY1 billion (US$146 million)......»»
BYD invests in China AI chip startup
China automaker BYD has newly invested in Chinese AI chip startup Kunlunxin Technology, aiming to enhance its deployment in automotive AI chips solutions......»»
Aura partners with Robert Downey Jr. to increase awareness about the significance of online safety
Aura announced a multi-year partnership with Robert Downey Jr. Through the partnership, Downey Jr. joins Aura’s Board of Directors, invests in the company and commits to working with Aura as a strategist and brand advocate, supporting consumer.....»»
Jeep plant goes offline as Stellantis invests in EV production
Stellantis’ shift toward an electrified future is making one big assembly plant go dark while a sizable investment is creating create job security at three plants in a neighboring state. .....»»