Porsche Signs $1.46 Billion AI Deal, Sells Consulting Unit to TCS
Porsche signed a five-year, €1.25 billion AI partnership with Tata Consultancy Services, which is separately buying Porsche's IT consulting arm MHP for €320 million.
Automotive & Transportation
Navigate the future of mobility with clarity in AIstify's Automotive & Transportation section. From smart vehicles and software-defined fleets to new services and operations, we follow the breakthroughs, deployments, deals, and policy reshaping how people and goods move. Whether you build platforms, run fleets, or track the shift to AI on the road and rail, our briefings and explainers keep you informed, confident, and a step ahead - across cities, corridors, and supply lines.
Latest Automotive & Transportation News
Bezos’s Prometheus Raises $12 Billion at $41 Billion Valuation
Jeff Bezos's industrial AI startup Prometheus raised $12 billion at a $41 billion valuation, emerging from stealth to build AI for engineering and manufacturing.
Convicted Nikola Founder Trevor Milton Seeks $1B for AI Jet Comeback
Nikola founder Trevor Milton is raising $1 billion to build AI-powered business jets after acquiring SyberJet. The effort follows his pardon and comes with significant technical and financial risks.
Humanoid Robots Could Drive a $200B AI Market, Says Barclays
Barclays Research says humanoid robots are moving from experimental labs into real-world deployment as advances in AI and hardware reduce costs. The firm estimates the market...
Nvidia Posts Record Q3 Results as Data Center Demand Surges
Nvidia reported strong third quarter results driven by soaring demand for its data center GPUs and Blackwell architecture. The company raised its outlook as AI infrastructure...
Jeff Bezos to Become Co-CEO of AI Startup Project Prometheus
Jeff Bezos joins Project Prometheus as co-CEO, helping lead the AI startup with $6.2 billion in funding to improve manufacturing across tech, automotive, and aerospace sectors.