Deutsche Bank initiated coverage of Momenta with a 'Buy' rating and a target price of HK$400 per share, citing the Chinese firm's 64.5% market share in the urban NOA segment and partnerships with nine…
Cognition is in talks to raise a new funding round at a valuation of at least $40 billion, a 54% jump from its $26 billion valuation three months ago, with revenue approaching $1 billion annualized. T…
Cognition, maker of the AI coding agent Devin, is in talks to raise a new funding round at a $40 billion valuation, according to Bloomberg, just three months after raising $1 billion at a $26 billion …
Mercedes-Benz is partnering with Berlin-based low-code automation unicorn n8n to launch a global platform that lets employees build their own AI-supported workflows, aiming to make AI-driven automatio…
Ford Motor Company is rolling out a new AI-powered assistant to its Ford and Lincoln mobile apps that can answer questions about vehicle fuel levels, tire pressure, cargo capacity, and towing capabili…
Mercedes-Benz has unveiled the all-new GLA, its best-selling compact SUV, with fully electric versions offering up to 406 miles of range and an AI-powered MBUX virtual assistant that integrates ChatGP…
The Senate Commerce Committee advanced bipartisan legislation that would ban the sale of connected vehicles in the US by companies with more than 15% ownership by Chinese entities, potentially affecti…
Cognition, the $26 billion startup behind the autonomous coding agent Devin, has acquired The Interaction Company of California, makers of Poke, the first AI agent Apple officially supports inside iMe…
Nvidia and Toyota are deepening their partnership to span autonomous driving, factory robotics, and simulation software, building on a collaboration that began in 2017 when Toyota selected Nvidia's Dr…
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…
South Korean AI startup ModigenceVision won the Korea-Germany Connect: AI Startup Pitching Challenge 2026 on Wednesday, earning the right to present its 3D vision systems for robotics and industrial a…
N8n founder Jan Oberhauser argued at the Raise Summit in Paris that companies should avoid model lock-in by using an orchestration layer that can switch between AI providers, as dependency on a single…
Cognition CEO Scott Wu criticized tech companies for prioritizing AI token usage over employee productivity, urging them to measure output instead. Wu's comments follow reports that Meta and Amazon sc…
HCLTech won a $1.14 billion AI-driven IT contract from Mercedes-Benz, replacing Infosys as the incumbent vendor. The deal, running from July 2026 to December 2031, shifts from headcount-based outsourc…
Wayve Technologies, the $8.6 billion UK autonomous driving AI startup, has filed to sell shares on the London Stock Exchange’s Private Securities Market, with an auction scheduled for July 8, 2026. Th…
Apptronik opened a 90,000-square-foot facility in Austin called Robot Park to collect teleoperation data from its Apollo 2 humanoid robots for Google DeepMind's Gemini Robotics AI models. The company …
Apptronik opened a 90,000-square-foot Robot Park in Austin where its Apollo humanoid robots practice warehouse tasks, with most sessions still guided by human operators. The facility, described as a d…
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…
City law firm Shoosmiths launched a generative AI tool built with Microsoft to assist junior lawyers in reviewing contracts. The tool, known as Project Apollo, is trained on insights from Shoosmiths l…
Cognition, the developer of the autonomous AI coding agent Devin, raised over $1 billion at a $25 billion pre-money valuation on Wednesday, a sharp increase from its $10.2 billion post-money valuation…