Jidu Auto reportedly to invest $7.7bn to manufacture smart cars
Baidu and Geely’s electric vehicle (EV) joint venture (JV) – Jidu Auto is reportedly considering investing CNY50bn ($7.7bn) to manufacture smart cars. The investment will be made over
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Baidu and Geely’s electric vehicle (EV) joint venture (JV) – Jidu Auto is reportedly considering investing CNY50bn ($7.7bn) to manufacture smart cars. The investment will be made over
Honda Motor said that it will work on increasing the ratio of battery-electric vehicles (EVs) and fuel cell electric vehicles (FCVs) to 100% of its global sales by
Alphawave IP, a Canadian semiconductor IP company, said that it plans to launch an initial public offering (IPO) on the London Stock Exchange (LSE) to raise nearly $500m.
Taiwan Semiconductor Manufacturing (TSMC) said that its board of directors have sanctioned an investment of around $2.88bn for installing mature technology capacity. The Taiwanese chip manufacturer did not
Intel has reported a net income of $3.36bn for the first quarter of 2021 (Q1 2021), a 41% decline, compared to $5.66bn for the same quarter of the
The European Commission (EC) has proposed new rules and actions pertaining to the use of artificial intelligence (AI), under which certain “unacceptable” uses of the technology will be
The UK Met Office has entered into a multimillion-pound deal with Microsoft for providing it with a powerful weather and climate forecasting supercomputer. The deal follows last year’s
Intel has been given a favourable judgement by a US federal jury in Waco, Texas in a $3.1bn patent infringement lawsuit filed against it by VLSI Technology. In
Anne Longfield, a former Children’s Commissioner for England, has launched a billion-pound lawsuit against TikTok and its owner ByteDance for “illegally collecting” private information of children in the
Meituan has raised $9.98bn through the sale of stock and convertible bonds for investing in research and development of autonomous delivery vehicles, drone delivery, and other cutting-edge technology.