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FedEx has ordered 2,000 electric delivery trucks worth $300M from Harbinger, a Californian startup it also backed with a Series C investment last year. Europe’s equivalents, Volta Trucks and Tevva, both went under, and a European logistics depot needs ten to twenty times its current power capacity to run an electric fleet. FedEx has ordered […]
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Broadcom has agreed to lend Anthropic up to $42bn to help pay for its AI infrastructure, Reuters reported on Thursday, citing Anthropic’s IPO prospectus. The loan could cover about a third of the $125.2bn Anthropic has committed to a five-year lease of tensor processing units (TPUs), the AI chips Google designs with Broadcom. Echo Wang, […]
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Broadcom to lend Anthropic up to $42bn for its chips, Reuters reports Read More »
Asha Sharma was asked whether her endgame at Xbox was divestiture, Zachary Small reported for The New York Times. The question came in a profile of Microsoft’s gaming chief published on Wednesday. “Xbox is not for sale,” Sharma said. “We will do whatever it takes to set the company up for success, and we will […]
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Xbox is not for sale, CEO Asha Sharma tells The New York Times Read More »
McDonald’s is using an AI pricing engine to recommend what each of its nearly 14,000 restaurants should charge for every menu item, Reuters reported on Tuesday. The engine covers the US and some markets abroad. One factor the engine weighs is an estimate of how much each store’s customers are willing to pay. Waylon Cunningham […]
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McDonald’s uses AI to set an optimal price at each store, Reuters reports Read More »
OpenAI is in early talks to raise at least $30bn at a valuation of around $1.4tn, before the new money. Bloomberg and The Information reported the talks on Tuesday. The round would give the ChatGPT maker fresh capital after it pushed back its stock market listing. Rebecca Torrence, Edward Ludlow and Shirin Ghaffary reported for […]
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OpenAI seeks $30bn at a $1.4tn valuation as revenue nears $70bn Read More »
Trump’s AI Safety ‘Accord’ Is a Fancy Pinky-Swear Read More »
BMW’s first electric 3 Series will cost $4,400 less in the US than its most powerful petrol sibling. The 2027 i3 50 xDrive starts at $61,500 and the petrol M350 xDrive at $65,900, BMW said as it opened US orders. Both prices exclude a $1,350 destination charge. BMW now sells the eighth-generation 3 Series with […]
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BMW’s electric 3 Series costs $4,400 less than its petrol M350 in the US Read More »
The Battle to Be Your Personal AI Agent Is Here Read More »
DoorDash has unveiled the aircraft behind DoorDash Air and will begin pilot deliveries in Northern California with Chipotle and Popeyes. Manna, which flew more than 300,000 deliveries from Dublin and Cork, paused Irish operations in June for want of a national policy and is building a factory in Oklahoma. DoorDash has unveiled the aircraft behind […]
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DoorDash Air unveils a drone delivery system, and cannot yet fly it out of sight Read More »
SpaceXAI is weighing a plan to fold Grok and X into a single subscription with four price tiers, from free to $100 a month. The plan comes from a company document viewed by Bloomberg, whose Edward Ludlow reported it on Wednesday. SpaceXAI is the artificial intelligence unit of Elon Musk’s SpaceX. It makes the Grok […]
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SpaceXAI weighs one Grok and X plan, from free to $100, Bloomberg reports Read More »