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GM beats Q2 earnings and announces gas-powered Cadillacs as nearly $11 billion EV retreat nears completion
General Motors beat Wall Street’s second-quarter estimates by 37 cents a share on Tuesday, raised its full-year earnings guidance for the second time this year, and used the same earnings call to…
Tesla beat Q2 delivery estimates and the stock fell. Wednesday’s earnings face the same problem.
Tesla delivered 480,126 vehicles in the second quarter, beating Wall Street estimates with a 25% year-on-year increase. The stock dropped. That reaction tells you everything about where expectations sit ahead of Wednesday’s…
A Korean AI model scores every possible driving path for safety before the car moves. CVPR called it a highlight.
Most self-driving AI models study how humans drive and try to copy them. They work well in normal conditions but struggle to explain why they chose one path over another, which becomes…
Kai-Fu Lee stopped building AI models and started selling enterprise data infrastructure. Now 01.ai is heading for a Hong Kong IPO.
Kai-Fu Lee’s 01.ai is raising a pre-IPO round ahead of a planned Hong Kong listing in 2027, the former Google China chief told Bloomberg at the World AI Conference in Shanghai. The…
Neo exits stealth with $100M from a16z and Bessemer to build a control layer for agentic AI software
Neo emerged from stealth on Monday with $100 million in funding from Andreessen Horowitz and Bessemer Venture Partners, with Craft Ventures and Merlin Ventures also participating. The company, founded by former SentinelOne,…
China is rebuilding the smartphone around AI agents. ZTE’s NaviX sold out in hours.
ZTE showcased the NaviX Ultra at the World AI Conference in Shanghai this week, calling it the world’s first agentic AI smartphone. The device, built under ZTE’s Nubia brand, runs ByteDance’s Doubao…
France and Germany pledge to build a European rival to Palantir’s military AI software
France and Germany pledged on Friday to develop a European alternative to Palantir’s military AI software. A joint declaration signed after talks between Emmanuel Macron and Friedrich Merz committed the two countries…
The White House is now deciding who gets access to frontier AI models, not the labs
The Trump administration is now dictating which companies and entities get access to frontier AI models from Anthropic and OpenAI, CNBC reported on Friday, citing two people familiar with the matter. Until…
Chinese car sales in the UK jumped from 384 in 2015 to 285,000 last year. The tariff gap explains why.
Brits bought 384 Chinese-made vehicles in 2015. Last year, they bought 285,000, according to automotive consulting firm Mobility Global. The growth is accelerating. BYD nearly doubled its UK sales in the first…
Anthropic commits $10 million to Canadian AI research across eight institutions
Anthropic is committing $10 million CAD to eight Canadian research institutions to fund work on beneficial and responsible AI applications. The partnerships span Canada’s three leading regional AI institutes, Amii in Edmonton,…