September 2023

Reliance Industries has partnered with GPU giant Nvidia to work on building a large language model that is trained on India’s diverse languages, the two firms said Friday, as the largest Indian corporate firm expands into the nascent space. The companies will work together to build AI infrastructure that is “over an order of magnitude […]

The two founders of Rario, the cricket NFT startup in which India’s Dream11 led a $120 million funding round last year, are leaving the firm, people familiar with the matter said. Ankit Wadhwa, who serves as Rario CEO, and Sunny Bhanot, Rario CTO, are being pushed out as investors at the startup, including largest backer […]

Companies must employ strategic measures to enhance their chances of securing vital financial backing in a market plagued by waning investor sentiment. Here are some valuable tips for businesses that seek to navigate the challenging landscape better, bolster investor confidence and raise funds.

Lotus revealed Thursday evening in New York City the Emeya, an all-electric four-door grand tourer that aims to compete with the likes of Porsche on speed, tech and luxury and help transform the Chinese-owned British automaker into a global performance brand by 2028. The flagship vehicle launch comes at an auspicious time for the “born […]

In 2021, UK neobank Zopa, which has been around since 2004, leapt to a $1 billion valuation on the back of a big investment from SoftBank and a plan to go public by 2022. Now it’s 2023, and Zopa is today announcing another fundraise of a different kind as it continues to wait for the […]

When BMW started charging an $18 per month subscription for heated seats in 2022, the backlash was swift and brutal. Customers banded together, urging others not to encourage this type of behavior from automakers, lest it open the door to more perceived avariciousness. “You’ve already paid for it!” cried one Reddit user. “The fucking hardware […]

Relativity Space is amping up its investment at NASA’s Stennis Space Center, with the company announcing today that it would lease a historic first stage test stand to advance the development of the Terran R launch vehicle. Per the new agreement, Relativity will lease the A-2 Test Stand from NASA for a seven-year period, at […]

Chapek took over Iger’s role as CEO in 2020 before Iger returned again in 2022.

Cruise CEO Kyle Vogt said Thursday at an investor conference that the company is “just days away” from getting the green light to begin mass production of its purpose-built autonomous vehicle without a steering wheel or pedals. The National Highway Traffic Safety Administration (NHTSA) told TechCrunch that no decision to grant or deny GM’s petition […]

The degree with the highest median earning potential, electrical engineering, had a median salary of $110,000 and is composed of 85% of men and only 15% of women.