Automotive Technology

Showing 1161 articles
Business

Tesla Shifts Gears: Fremont Factory Retooled for Optimus Robots as $2 Billion Bet on xAI Fuels AI Ambitions

Tesla is pivoting its core strategy, phasing out legacy Model S and X production to mass-manufacture Optimus humanoid robots and deepening its commitment to artificial intelligence with a major investment in Elon Musk's xAI. This strategic realignment signals a future where the company's identity may evolve from electric vehicle pioneer to a broader AI and robotics powerhouse.

Business

Rubrik's Stock Slump Sparks Debate: Is the Cybersecurity Firm Now a Value Play?

Shares of data security company Rubrik have faced significant pressure, declining over 25% in the past month. While the sell-off has pushed its valuation below some fair value estimates, analysts point to stiff competition and cautious IT spending as key headwinds. We examine whether the weakness presents a buying opportunity or a sign of deeper challenges.

Business

From Bitcoin to AI: IREN's Strategic Pivot Gains Momentum as Anthropic's $20B Raise Highlights Infrastructure Demand

Fueled by a landmark $20 billion funding round for AI firm Anthropic, infrastructure provider IREN is seeing its strategic shift from cryptocurrency mining to AI data centers validated by investors. With a key Microsoft partnership and surging capital flows into AI, the company's stock performance reflects a broader market reassessment of its role in high-performance computing.

Business

ManpowerGroup Sees 'Stabilization' in Q4 as Demand Firms, Cost Cuts Take Hold

ManpowerGroup reported a return to modest organic growth in its fourth quarter, with executives citing improving demand and the benefits of ongoing cost optimization. While stopping short of declaring a broad recovery, the staffing giant highlighted sequential improvements in key markets and pointed to AI-driven productivity tools as a key differentiator.