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Vishakha Singh

Jeep Maker Stellantis Warns of a Shock $2.7 Billion Loss as Tariffs Bite

Jeep Maker Stellantis Warns of a Shock $2.7 Billion Loss as Tariffs Bite

Auto behemoth Stellantis, the parent of well-known brands including Jeep, Dodge, Fiat, Chrysler, and Peugeot, has signaled a massive net loss of about 2.3 billion euros ($2.68 billion) during the first half of 2025. The loss comes primarily from the premature financial impact of U.S. tariffs and

Hadrian Raises $260 Million to Transform Defense Manufacturing using AI and Robotics

Hadrian Raises $260 Million to Transform Defense Manufacturing using AI and Robotics

In a significant vote of confidence for the future of U.S. defense infrastructure, defense manufacturing firm Hadrian raised $260 million in a Series C funding round, spearheaded by Peter Thiel's Founders Fund and Lux Capital. The large infusion of funds reflects the increasing investor belief in next-generation

Uber Signs $300 Million Agreement with Lucid and Nuro to Roll Out 20,000 Robotaxis by 2031

Uber Signs $300 Million Agreement with Lucid and Nuro to Roll Out 20,000 Robotaxis by 2031

In a game-changing move that is expected to redefine city mobility, Uber has revealed a six-year collaboration with electric vehicle manufacturer Lucid and autonomous vehicle firm Nuro to deploy over 20,000 robotaxis across America. Uber's \$300 million investment represents a strategic gamble on the future of self-driving

Elon Musk's Neuralink Registered as a 'Disadvantaged Business' on the Brink of \$9 Billion Valuation

Elon Musk's Neuralink Registered as a 'Disadvantaged Business' on the Brink of \$9 Billion Valuation

In a shocking twist, Elon Musk's ambitious brain-computer interface (BCI) firm Neuralink registered itself as a "small disadvantaged business" (SDB) with the U.S. Small Business Administration (SBA) just a few weeks before achieving a record \$650 million funding round that catapulted its valuation to \$9

Nvidia CEO Jensen Huang Sees High-End Chip Sales to China as H20 Ban is Removed

Nvidia CEO Jensen Huang Sees High-End Chip Sales to China as H20 Ban is Removed

In a dramatic turn of the evolving U.S.-China tech environment, Nvidia CEO Jensen Huang made the surprise declaration on July 16, 2025, that he wants to sell even higher-end AI chips to China now that the ban on the firm's H20 chip has been eased. Attending

OpenAI Turns to Google Cloud for ChatGPT in Big Strategic Shift

OpenAI Turns to Google Cloud for ChatGPT in Big Strategic Shift

In a development that indicates increasing demand for computer resources in the era of artificial intelligence, OpenAI said on Wednesday that it will start leveraging Google Cloud Platform to host its popular ChatGPT service and application programming interface (API) across a number of countries. This decision marks a significant evolution

TSMC Profit Tops 61% to All-Time High, Boosted by Surging AI Chip Demand

TSMC Profit Tops 61% to All-Time High, Boosted by Surging AI Chip Demand

Hsinchu, Taiwan – July 17, 2025: The world's biggest contract chipmaker, Taiwan Semiconductor Manufacturing Company (TSMC), has recorded a stunning 61% year-over-year increase in second-quarter profit of 2025 driven by hyper demand for artificial intelligence (AI) chips. The net income of the company climbed to NT\$398.27 billion