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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.
NXP Semiconductors shares jumped 26% after strong earnings driven by AI and automotive demand. The company highlighted rising data center infrastructure needs.
Authoritative AI coverage of mobility – breakthroughs, deployments, deals, and policy – keeping you ahead as vehicles, networks, and services get smarter.
Chinese AI startup Stepfun secured $719 million to accelerate foundational model development, AI agents, and AI-driven products in collaboration with Geely.
U.S. auto safety regulators granted Tesla a five-week extension to respond to an investigation into whether its Full Self-Driving system violates traffic laws during operation.