Electric vehicles may not reach cost parity with internal combustion engine vehicles until after 2030, Ford Chief Executive Jim Farley said on Wednesday.
A Dutch law giving the government power to review foreign technology investments and block takeovers on national security grounds is set to go into effect this week, the government said on Wednesday.
Shares of Hewlett Packard Enterprise Co slumped more than 10% on Wednesday as its lackluster revenue forecast fanned worries of a slowdown in cloud spending this year.
European Union tech chief Margrethe Vestager said she believed a draft voluntary code of conduct for generative AI could be drawn up “within the next weeks”, with a final proposal for industry to sign up “very, very soon”.
EU tech chief Margrethe Vestager said on Wednesday she believed a draft code of conduct on artificial intelligence (AI) could be drawn up within weeks, allowing industry to commit to a final proposal “very, very soon”.
A British consortium that includes mining giant Glencore will invest about $9 billion in Indonesia’s mining and electric vehicle (EV) battery sectors, a minister said on Wednesday, as the resource-rich country tries to lure a host of multinational firms.
Canada will work with the United States to draft a cyber security certification framework for defence contractors that will be identical for both countries as incidents of malicious hacking increase, the defence minister said on Wednesday.
Infineon is looking for small- and medium-sized acquisitions worth up to 3 billion euros ($3.30 billion) that would fit well with the German chipmaker’s portfolio, Chief Financial Officer Sven Schneider told Germany’s Focus Money magazine.
Specialized cloud computing provider CoreWeave has raised $200 million in funding from its existing investor Magnetar Capital, highlighting investor interest in backing infrastructure powering the generative AI boom.
Major Chinese automaker Geely is in the early stages of planning an entry to Thailand’s electric vehicle (EV) market, including weighing models for import and local manufacturing, according to two people with knowledge of the discussions.
