Roku said that the company’s decision of lay-offs come as it plans to cutdown on expenses and eventually focus on growth.
In addition to exploring the Chinese market, Lucid is actively expanding its production capacity at its Arizona factory and preparing to launch its new SUV model called the Gravity.
d-Matrix’s innovative chip designs have been gaining recognition, particularly for their effectiveness in powering generative AI applications like ChatGPT.
Regarding SpaceX, Musk holds the title of the largest shareholder, with an impressive 42 percent stake.
Polestar is trying to create an experience where you can be using an app on your mobile phone and then continue with the app in your car.
This is not the first Chinese government ban on foreign technology. In 2014, the government banned Windows 8 from government computers, citing security risks.
Evergrande has seen an impressive spike in shares even though both the HSI and the property sector in China are still struggling.
Coinbase has decided to increase the buyback cap to a substantial $180 million thereby leading to a notable surge in investor participation.
Qala will now rebrand to ₿trust Builders Programme and join forces with its parent company to democratize the development of open-source Bitcoin software.
The tech industry was abuzz in 2020 when Nvidia announced its ambitious plan to acquire Arm Holdings from SoftBank for a staggering $40 billion before its planned IPO.
BMW’s first Neue Klasse vehicle will be rolled out in 2025. The Vision Neue Klasse vehicle has already been revealed to the public at IAA Mobility in Munich. The event started on September 5 and will run until September 10.
Only 9.5% of the Arm American Depository Shares would be available to the general public at the IPO, while SoftBank retains the rest.
Baidu launched its AI applications using Ernie large language model. The AI assistant can search documents, summarize and translate text, and create content.
The funds will be used by the comapny for international expansion across continents to capitalize on significant market demand.
Point72 Ventures, through the funding round, will help GenTwo extend its offerings and also expand its international business.