Volkswagen of America has a new CEO: Rivian’s recently departed chief commercial officer Kjell Gruner. The appointment comes just one week after VW parent company Volkswagen Group formalized a $5.8 billion joint venture with Rivian, which will be focused on EV architecture and software. While Gruner’s new post isn’t really related to that new JV, […]
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Karl Iagnemma, an early pioneer in the autonomous vehicle industry who recently stepped down as president and CEO from Hyundai-backed Motional, is back in the AV and robotics game. Vecna Robotics, a Massachusetts-based startup that uses robots to handle materials in warehouses, has hired Iagnemma as CEO. The robotics startup, which has developed autonomous pallet […]
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Xiaomi will replace its app store with fintech PhonePe’s offering for customers in India starting January in a major win for the Indian startup. The smartphone vendor, the second largest in India, will automatically push the update to customers’ devices in India to replace GetApps with PhonePe’s Indus AppStore, it informed customers over the weekend. […]
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As part of an ongoing effort to embed virtual reality (VR) in education, Meta has launched a new partnership with a slew of universities in the U.S. and U.K., designed to provide feedback on a new product that Meta hopes will finally make VR just a little more mainstream. The new Meta for Education beta […]
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Back in 2011, the world held its breath after the Fukushima Daiichi nuclear plant in Japan suffered a failure of its cooling systems, in the wake of the country getting hit by a 9.0 magnitude earthquake and tsunami. The worry was not unfounded: The resulting meltdown — which spread highly radioactive material in multiple directions […]
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The Space Development Agency has selected 19 companies to compete for future contracts under a new program designed to rapidly onboard new contractors for defense demonstration missions. Each company will receive an initial $20,000 to cover administrative expenses. These companies have essentially been preapproved to bid on future prototype missions to support the SDA’s Proliferated Warfighter […]
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Google is leveraging India’s deep-rooted affinity for gold to expand its reach in the lending market of the world’s most populous nation. The company said on Thursday that Google Pay has partnered with Muthoot Finance, India’s largest gold-backed loans provider, to offer secured loans to users across the country. Google said the partnership aims to […]
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Uber is not done snatching up autonomous vehicle partnerships. The ride-hail and delivery giant on Thursday announced a multi-year deal with Yandex spinout Avride to bring the company’s sidewalk delivery robots and autonomous vehicles to both Uber Eats and Uber. It’s the latest in a series of deals from Uber over the last two months […]
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