Amazon $AMZN is intensifying its efforts in robotics by developing humanoid robots with the potential to eventually replace human couriers, according to a report by The Information on Wednesday citing an insider source. While Reuters has not independently verified this information, it marks a notable step in Amazon’s longstanding commitment to automation and artificial intelligence (AI) within its logistics and delivery operations. Central to this initiative is the near completion of a “humanoid park” — an indoor obstacle course within one of Amazon’s San Francisco offices, designed specifically for testing these advanced robots.
The Dutch car-sharing company MyWheels is set to deploy the first of 500 Renault electric vehicles (EVs) equipped with vehicle-to-grid (V2G) technology this week, marking a significant advancement in sustainable transport and energy integration in the Netherlands. V2G enables EVs not only to consume energy but also to feed electricity back into the grid during peak demand periods, thus contributing to grid stability and efficiency.
On Monday, International Business Machines Corp. $IBM announced its plans to invest $150 billion into the U.S. economy over the next five years. This announcement comes amid increasing competition in the technology market and companies' efforts to strengthen their positions in light of the changing economic policies following the election of President Donald Trump.
The global semiconductor market is once again at the center of geopolitical and economic tensions. Following Nvidia’s statement warning of potential multibillion-dollar losses due to newly imposed US export regulations, shares of chip manufacturers came under pressure. Both European and US-based companies experienced a decline in stock prices, while Dutch company ASML issued an uncertain outlook citing escalating tariff policies.
The Israeli stock market ended Sunday’s trading session with a positive trend, boosted by gains in sectors such as technology, oil and gas, and insurance. The closing figures on the Tel Aviv Stock Exchange confirmed investor interest in local assets.
In recent years, there has been a significant increase in interest surrounding artificial intelligence (AI) technologies, notably impacting consultancy firms. One such company, Boston Consulting Group (BCG), recently announced substantial growth in its workforce and revenue, indicating the rising demand for consultancy services in this domain.
Recent developments concerning BYD, a leading electric vehicle manufacturer, have attracted attention in both the business community and economic circles. According to information published by the Financial Times, China has postponed the issuance of a permit for BYD to construct a new factory in Mexico. This decision has been made amid concerns that technologies developed by the company may be used in the United States.
CoreWeave, an innovative provider of cloud computing solutions, has recently become the center of attention regarding its imminent plans. According to reliable sources, the company is expected to submit its initial public offering (IPO) paperwork in the U.S. next week.
The US stock market is currently under pressure, with investor concerns regarding the economic outlook intensifying. Amid these changes, bulls on Wall Street have sought refuge in one stable area, technology giants, though they now face new challenges.
Prosus NV $PRX.AS, a leading investor in the technology sector, has reached a significant agreement to acquire Just Eat Takeaway.com NV $JET.L for €4.1 billion ($4.3 billion). This acquisition marks the largest in Prosus’s portfolio and emphasizes the company’s commitment to pursuing new growth opportunities in the expanding market.
Stellantis $STLAM.MI is taking a significant step forward in the evolution of autonomous driving technology. The launch of its in-house developed system, STLA AutoDrive, promises to reshape urban mobility by allowing drivers to momentarily disengage from manual control. This innovative solution is designed to enhance comfort and safety amid the complexities of modern city traffic.
Alibaba Group Holding Ltd. $BABA has announced plans to invest over 380 billion yuan (approximately $53 billion) in artificial intelligence (AI) infrastructure over the next three years. This move highlights the company’s ambition, co-founded by Jack Ma, to lead in the rapidly evolving field of AI technology and cloud computing.
