Technology News
Volkswagen No Longer Investing In Self-Driving Startup Argo AI
Volkswagen disclosed a $2.6 billion investment in Argo AI, the Pittsburgh-based self-driving startup, in June 2020. Ford has invested in the start-up as well.
Argo AI Autonomous Car Startup, Backed By VW & Ford, Shuts Down
Oct 27, 2022 11:22 PM
The closure of Argo AI is indictive of a growing trend of waning faith in Autonomous Vehicles as the world nears an economic downturn.
Tesla Cars Will Not Be Approved As Fully Self Driving This Year, Musk Says
Oct 27, 2022 10:52 PM
Tesla says the cars still need to be driven with human oversight.
Hyundai's Air Taxi Unit Picks Honeywell As Avionics Supplier
Oct 27, 2022 05:41 PM
Under the collaboration, Honeywell will work with Supernal, Hyundai's U.S.-based eVTOL firm, to explore integration of the aerospace supplier's 'Anthem' flight deck into the air taxis, which are slated to enter commercial service in 2028.
Maserati Teases First Electric GranCabrio Convertible EV Prototype
Oct 27, 2022 02:09 PM
There aren't many electric convertibles doing the rounds which makes the GranCabrio very unique.
Hyundai & WeRide Plan To Have Self Driving Cars Propelled By Hydrogen In China
Oct 27, 2022 01:59 PM
Hyundai is pushing ahead with developing hydrogen fuel cell-based self-driving vehicles.
Explainer-What Is An 'Everything App' And Why Does Elon Musk Want To Make One?
Oct 27, 2022 01:55 PM
The concept of an everything app, often referred to as a "super app," is massively popular in Asia and tech companies across the world have tried to replicate it.
Apple Supplier Foxconn 'Cautiously Optimistic' About Q4 Outlook
Oct 27, 2022 01:54 PM
Foxconn said it was "cautiously optimistic" about its fourth-quarter revenue outlook after reporting record-breaking September sales.
Mobileye IPO Not Capital Raise, But Market Entry -Intel CEO
Oct 27, 2022 01:53 PM
Intel's CEO Pat Gelsinger said the initial public offering of its self-driving tech company Mobileye was not a capital raise, but more of an entry into the market.