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.
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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.
Tesla has registered its AI-powered voice assistant with Chinese regulators, marking progress in a tightly controlled market. The move comes as competition intensifies among EV makers in China.
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.
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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 could expand sharply over the next decade amid labor shortages.
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 spending accelerates.
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.