Waymo, the self-driving unit of Alphabet, commences testing of up to 8 driverless cars in New York City's Manhattan and Downtown Brooklyn areas, marking a significant milestone as the first company to receive a permit under the city's new autonomous vehicle testing program.
The UAE's ambitious plans to make 25% of trips driverless by 2035, with Chinese and U.S. tech giants racing to launch AV fleets backed by government incentives, puts thousands of migrant taxi drivers at risk of displacement without adequate support systems or retraining options.
NVIDIA unveils groundbreaking Cosmos models that generate massive synthetic data for training robots and autonomous vehicles, enabling industry leaders to rapidly develop advanced physical AI at scale.
NVIDIA unveils Cosmos, a groundbreaking platform featuring generative world models, guardrails, and an accelerated data pipeline, enabling developers to accelerate physical AI for autonomous vehicles, robots, and video analytics agents, with models like Cosmos Predict, Cosmos Transfer, and Cosmos Reason.
xAI's legal chief Robert Keele exits amid executive shakeup, with former NASA rocket scientist Lily Lim assuming the role, continuing a pattern of turnover across Elon Musk's companies.
SoftBank's quarterly profits soar on AI investments like Nvidia and startups, while offloading T-Mobile stakes and delaying its $500 billion Stargate AI project with OpenAI due to market volatility.
Tesla CEO Elon Musk announces a groundbreaking $16.5 billion deal with Samsung to produce Tesla's next-generation AI6 chips at Samsung's new Texas factory, bolstering Samsung's contract manufacturing business.
Tesla faces mounting challenges as Q2 2025 earnings plunge 23% and operating income drops 42% amid fierce EV competition, with cash reserves depleting for the first time in years.
Tesla's automotive revenue drops 16% as sales slump, Elon Musk warns of 'rough quarters' ahead due to tariff costs and tax credit expiration, while robotaxi service kicks off in Austin with broader rollout planned by year-end.
China boosts electric vehicle subsidies, curbing oil demand, while US grid expansion looms to meet forecasted 2.5% annual increase in electrical demand through 2035.