Tesla Robotaxi Miles Drop 36% Despite Expansion to New Cities
Tesla's paid robotaxi miles fell 36% in Q2, raising questions about its autonomous driving progress.
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Ford Integrates Apple Maps Into Its Next EV Platform and Updated BlueCruise
Ford will embed Apple Maps directly into its Universal Electric Vehicle Platform, starting with a $30,000 midsize pickup truck in 2027, offering natural language directions, real-time traffic, and EV routing without requiring an iPhone.
Ford Integrates Apple Maps into Next-Gen EVs: A Strategic Partnership
Ford becomes the first automaker to embed Apple Maps navigation directly into its electric vehicle infotainment systems, signaling a deeper collaboration with Apple.
Google Fined $1 Billion by EU for Violating Digital Markets Act
The European Union has imposed a €890 million fine on Google for breaching the Digital Markets Act, including preferential treatment of its own services and restricting Android developers.
ServiceNow Invests $40 Million in Indian Banking Software Firm to Accelerate Financial Services Growth
ServiceNow has invested $40 million in BusinessNext, an Indian banking software specialist, to expand its AI-powered financial services offerings globally.
Monday.com Lays Off Hundreds to Double Down on AI
Monday.com is cutting 20% of its workforce, about 630 employees, to streamline operations and focus on its AI Work Platform.
HP Inc. Expands OpenAI Frontier Partnership to Transform Enterprise AI
HP Inc. scales its strategic partnership with OpenAI, deploying AI across customer experiences, software development, and enterprise operations.
Google Justifies Massive AI Spending with Booming Cloud Business
Google's cloud division is thriving as enterprises adopt its AI infrastructure, driving record profits and justifying heavy AI investments.
IBM CEO Blames AI for Mainframe Sales Slump, Insures Comeback
IBM's stock took a hit after a weak mainframe sales quarter, but the CEO attributes the dip to AI investments temporarily diverting corporate hardware budgets.
SoundCloud Acquires Decentralized Music Platform Nina Protocol After Shutdown
SoundCloud has acquired Nina Protocol, a decentralized music platform that shut down months ago, bringing its artists and discovery tools to the mainstream service.