News
Google's Self-Driving Car Arm on Road to $110 Billion Valuation
1+ hour, 39+ min ago (408+ words) Google-owned self-driving vehicle startup Waymo is reportedly close to finalizing a $16 billion funding round. That new funding will value the company at $110 billion, more than double its current valuation, the Financial Times (FT) reported Saturday (Jan. 31), citing sources familiar with…...
Tesla Bets Future Growth on Optimus Robots and Autonomous Vehicles
3+ day, 23+ hour ago (584+ words) The company said it will convert the Fremont, California, factory space used for Model S and Model X into a dedicated Optimus facility, targeting long-term capacity of 1 million robots per year. Elon Musk said the move reflects a broader transition…...
Humanoid Robots Are Falling Short on Efficiency
6+ day, 1+ hour ago (413+ words) Humanoid robots have become one of the most visible symbols of artificial intelligence (AI) moving from software into the physical economy. Built to walk, lift, grasp and interact in human environments, they are often positioned as a general-purpose answer to…...
Elon Musk Says Tesla Will Sell Humanoid Robots to Public by Late 2027
1+ week, 3+ day ago (401+ words) Tesla will be selling humanoid robots to the public by the end of 2027, CEO Elon Musk said Thursday (Jan. 22). "That's when we are confident that it's very high reliability, very high safety, and the range of functionality is also very…...
Musk Predicts AI Will Lead to Abundance When AGI Arrives
2+ week, 4+ day ago (459+ words) Elon Musk says AI will eventually become so advanced that it will lead to worldwide abundance. The multibillionaire businessman made these remarks last week on the podcast Moonshots With Peter Diamandis, saying that artificial intelligence's (AI) advancements will bring about…...
Automakers Replace Drivers With Software at CES
3+ week, 4+ day ago (663+ words) At CES 2026 this week, automakers and suppliers showed vehicles designed with the assumption that humans will not always be driving, shifting attention from driver-assist features toward software that increasingly manages control inside the car. All these design choices are already…...
Rivian Unveils Custom AI Chip, Reduces Dependence on Nvidia
1+ mon, 2+ week ago (409+ words) Rivian Automotive unveiled a custom artificial intelligence (AI) chip and a comprehensive autonomy platform designed and engineered in-house. The announcement, made at the company's first "Autonomy & AI Day" in Palo Alto, California, marks a departure from reliance on third-party computing…...
Tether Backs $81 Million Humanoid Robotics Project in Italy
1+ mon, 3+ week ago (382+ words) Italian robotics firm'Generative Bionics'has raised $81 million in new funding. The new funding round was one of the largest ever in Europe in the "humanoid robotics deep tech space," Generative Bionics said in a Monday (Dec. 8)'announcement. He pointed to analyses…...
Autonomy to Add 1,250 Electric Vehicles to Car Subscription Offering
2+ mon, 1+ week ago (391+ words) Autonomy plans to add about 1,250 electric vehicles to its car subscription offering. The company secured $25 million in financing from Finacity through SR Alternative Credit to enable this fleet expansion and scaling of its platform, Autonomy said in a Wednesday (Nov....
Automakers Embed AI Across Factory, Car Systems
2+ mon, 2+ week ago (469+ words) That momentum is now driving strategic decisions. A PYMNTS Intelligence analysis found that roughly 75%" of automakers plan to integrate generative AI into vehicles this year, a signal that the industry is moving from experimental pilots toward full-scale deployment. Ford Motor…...