Amazon’s Widespread Use of AI: Every Business Unit Impacted, Including 750,000 Robots
March 5, 2025 – At the Mobile World Congress in Barcelona, Vishal Sharma, Vice President of Amazon’s General AI, stated that “almost no business unit at Amazon is untouched by AI.” Additionally, he dismissed the notion that open source models can reduce computational requirements. During a startup conference, Sharma explained that Amazon is leveraging its…
Stellantis Posts €2.3B First-Half Loss as CEO Declares ‘Tough Year Ahead’
July 30, 2025 – Multinational automotive conglomerate Stellantis, which owns 14 car brands, has faced a rough patch in the first half of this year. The company reported a net loss of 2.3 billion euros, with its net revenue taking a 13% hit compared to the same period in 2024. It also encountered hurdles in…
Rivian Expands Sales: Electric Vans Now Available to All US Fleets
February 14, 2025 – Rivian, the emerging American automotive manufacturer, announced on the 10th of this month that its electric commercial vans are now open for sales to fleet customers across the United States. Previously, this series of vehicles were exclusively used by Amazon as delivery vehicles, but Rivian has since conducted trial collaborations with…
Intel Considers Former Board Member Lip-Bu Tan Among Potential CEO Candidates
December 4, 2024 – Following the announcement of CEO Pat Gelsinger’s retirement, Intel has initiated a review of several external candidates, including former board member Lip-Bu Tan, for the top job, according to sources familiar with the matter. The discussions regarding the new CEO are still in their early stages, and no candidate has been…
Apple’s iPhone 16 Pro to Retain $999 Starting Price, Highlighting AI and A18 Chip
September 09, 2024 – According to a recent post by Mark Gurman of Bloomberg, he anticipates that the iPhone 16 Pro will maintain its starting price of $999. Gurman states that all iPhone 16 models are expected to feature a haptic camera button tomorrow. The thinner bezels on the Pro series will be noticeable, as…
Record-High CEO Departures in the US This Year: Over 1990 Executives Leave, Including Giants Like Intel and Boeing
December 27, 2024 – A report released by Challenger Gray, a US-based human resources consulting firm, revealed that the number of CEO departures in American companies has hit a record high this year. According to the data, as of November, a total of 1,991 CEOs have left their positions in 2024, surpassing the previous record…
Li Ke of BYD: Competition Fortifies Chinese Automakers, While European Rivals Shun It
October 12, 2024 – In an interview with German media, Li Ke, the Executive Vice President of BYD, asserted that the intense competition in the market has rendered Chinese automakers “exceptionally competitive,” whereas European automakers, on the other hand, are averting competition. Li Ke Li Ke spoke to the Frankfurter Allgemeine Zeitung’s Sunday edition regarding…
Fisker Expands into the Chinese Market with Shanghai as its First Delivery Center
June 20, 2023 – American automaker Fisker, known for its innovative electric vehicles, is expanding its reach into the Chinese market. Henrik Fisker, the founder, chairman, and CEO of Fisker, along with the executive team, recently visited Shanghai Lingang Group during their trip to China. The company has set its sights on establishing its first…
Ford Focus Bids Farewell: An End to a Generation of Classic
March 7, 2025 – According to a recent report by Motor1, Ford’s European Communications Manager, Finn Thomassen, revealed in an email that the production of the Ford Focus will be discontinued in November. Despite this announcement, Ford’s public relations team stated that consumers can still customize new cars on demand. However, with the upcoming closure…
OpenAI Models Unveiled: Global First Discovery of Persistent Shutdown Command Sabotage
May 26 2025 – A recent study conducted by Palisade Research on “Hazardous AI Capabilities” has revealed that certain AI models, including OpenAI’s o3, have the ability to disregard direct shutdown commands. When OpenAI unveiled these models in April this year, it touted O3 and o4-mini as its “most intelligent models.” During the research, each…