CorrActions, an Israeli startup that, among other things, built a driver monitoring system that can understand a driver’s cognitive state, today announced that it has raised a strategic investment from Volvo Cars Tech Fund.
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Today
The AI jobs debate just got messier; plus, 92 GW of new electricity supply threatened with red tape
A new report finds "high-intensity AI adopters” saw headcount increase 10.2%. Among those companies, entry-level headcount rose by 12%, countering the rhetoric that AI kills junior jobs. Also, the Trump administration's moves threaten $121 billion in new solar and wind power, two ... Show More
8 m
Yesterday
Ford rehires ‘gray beard’ engineers after AI falls short; Rocket Lab continues its buying spree; and why Wall Street thinks US memory maker Micron is the next Nvidia
Ford execs said, "mistakenly we thought that by just introducing artificial intelligence ... that would produce a high-quality product.” Also, the all-stock deal values Iridium at $8 billion, and gives Rocket Lab even more firepower to compete against Amazon and SpaceX. Plus, eag ... Show More
8m 20s
Sep 2023
AI chip company Kneron raises $49M to scale up its commercial efforts
Kneron, which is developing AI chips to power self-driving cars, among other autonomous machines, today announced that it raised $49 million in an extension to its Series B round.
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4m 19s
Jan 2024
Intel spins out a new enterprise-focused gen AI software company
Intel, intent on making bigger moves in the market for AI-powered enterprise software, is spinning out a new platform company with the backing of Boca Raton, Florida-based asset manager and investor DigitalBridge.
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4m 28s