Samsung Electronics overtook Micron Technology in automotive memory market share for the first time in 2025, rising to 40% from 35% in 2024, according to S&P Global Mobility, as AI-driven demand tight…
Micron Technology signed long-term supply agreements with General Motors and Ford in July 2026, part of $22 billion in commitments across 16 customer contracts. The company's automotive memory busines…
A commentator argues that artificial intelligence should be nationalized because the technology was built using the collective work of humanity and poses a massive social and economic liability. The a…
Elon Musk has built Tesla into a company worth around $1.5 trillion, exceeding the combined value of the next 10 most valuable carmakers, despite selling far fewer vehicles. Investors treat Tesla as a…
Tech CEOs and billionaires are descending on Sun Valley, Idaho, for the annual Allen & Co. conference, known as 'summer camp for billionaires,' with AI expected to dominate discussions. Leaders from A…
Defense stocks surged to record highs as governments increase military spending on weapons and AI battlefield technology, driven by geopolitical tensions and the need to replace depleted stockpiles. T…
Generative AI could be a doomed technology akin to the Wankel engine, warns Matt Scherer, a fellow at Open Markets Institute, in a Hard Reset piece. Scherer argues that if the AI bubble bursts, the ec…
The United Auto Workers union is furious after General Motors replaced 1,000 workers at its Detroit Factory Zero plant with 50 AI-integrated robots, known as "cobots." The UAW says the layoffs undermi…
General Motors has signed a long-term agreement with Micron for the supply of DRAM and NAND chips, securing critical memory technologies for its next-generation vehicles with AI-enabled features and a…
The United States is spending more on artificial intelligence than any other government, with federal AI contracts rising from 472 in 2022 to over 1,700 in 2026, including $90 billion from the Departm…
Chinese self-driving software firm Momenta opened its Hong Kong IPO on Monday, seeking up to $752 million to fund AI research and robotaxi development. The GM-backed company, valued at nearly $9 billi…
Ford Motor Company credited a quality turnaround to pairing AI with veteran engineers, hiring or bringing back about 350 experienced technical specialists to mentor staff and improve automated tools. …
General Motors reported a 300% increase in merged pull requests after retooling its AI agent software, with nearly 90% of code from its autonomy team now AI-generated. The automaker's aggressive AI ad…
General Motors announced it will drop Android Auto from its EVs and eventually all vehicles, replacing it with a conversational system powered by Google's Gemini AI. Other manufacturers like Rivian an…
General Motors is cutting its vehicle development cycles in half by using AI and simulation, aiming to match the two-year pace of Chinese automakers like BYD. The effort is led by Sterling Anderson, a…
General Motors is positioning itself as a distributed utility at its GM Empower event, aiming to use its fleet of over 250,000 bidirectional EVs, stationary storage, and a unified charging platform to…
General Motors shut down its Cruise robotaxi division but plans to re-enter the robotaxi race by developing autonomous driving technology for personal cars that can later be applied to ride-hailing se…
SpaceX will pay its underwriters a gross spread of just 0.75% for the largest initial public offering in history, matching the lowest percentage on record for a conventional U.S. IPO. Despite the reco…
Tesla cofounder JB Straubel warned Monday that the U.S. electrical grid cannot handle the surging energy demands of artificial intelligence and data centers, as China races ahead in power generation. …
General Motors is using artificial intelligence, simulation, and decades of engineering data to compress its vehicle development timeline from the standard four to six years down to two years. The aut…