Category: ambitions
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Aston Martin delays electric ambitions under new CEO Adrian Hallmark
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Aston Martin Lagunda is scheduled to prepare for its long plans for a full group, as the new CEO of Adrian Halmark is preparing to announce a revised strategy in the annual results of the British auto industry on Wednesday. Halmark, who joined the last fall after the leadership of…
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Lightspeed’s $2 Billion Anthropic Megadeal Cements VC Firm’s AI Ambitions
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(Bloomberg) – On the quiet days before last year, when most adventurous capital fell to the escapes in ASPEN or Jackson Hole, the investment team in LightSpeed Venture Partners was thinking about a piece of competition competition Openai. Most of them read from Bloomberg The Anthropier Investment Capital is close…
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EU plan to press ahead with China EV tariffs bad for ties and green ambitions -Xinhua By Reuters
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BEIJING (Reuters) – The European Commission’s decision to press ahead with tariffs on Chinese-made electric cars threatens to undermine decades of cooperation between China and the European Union and jeopardize climate change goals, Xinhua news agency said on Saturday. The European Union said on Friday that it would go ahead…
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Cornish Lithium mine granted special status to power UK’s electric vehicle ambitions
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Angela Rayner, the Secretary of State for Housing, Communities and Local Government, has backed plans to turn the disused Trelavor clay mine near St Austell into a major lithium mine, a move that could significantly boost the UK’s battery manufacturing capabilities. The site, operated by Cornish Lithium, is expected to…
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Volvo Cars scales back margin and revenue ambitions By Reuters
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By Mary Manis and Nick Carey (Reuters) – Swedish carmaker Volvo Cars cut its margin and revenue ambitions for the second time in a year on Thursday, a day after abandoning its electric-only target as tariffs and weak demand for electric vehicles continue to weigh. Slowing demand for electric vehicles,…
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SoftBank CEO talks up artificial super intelligence ambitions By Reuters
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TOKYO (Reuters) – SoftBank Group CEO Masayoshi Son said on Friday that the group’s mission is to help advance humanity by achieving super-artificial intelligence, which he said will exceed human capabilities by a factor of 10,000. “SoftBank Group (TYO:) has done many things so far that have all been a…
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Kraken Bolsters IPO Ambitions With Plans Of A Massive $100 Million Funding Injection
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US-based cryptocurrency exchange Kraken is reportedly considering a final funding round as it explores the possibility of an initial public offering (IPO), according to sources familiar with the matter. The stock exchange has received inquiries from potential investors amid the current rise in the stock market Digital assets market. Kraken…
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Tesla pulls back on gigacasting ambitions as cost-cutting measures continue (NASDAQ:TSLA)
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Editorial jetcityimage/iStock via Getty Images Implications of the shift in strategy at Tesla (Nasdaq: Tesla) still feels. Following news that Tesla (TSLA) is laying off its Supercharger team, the Austin-based company is now reportedly backing away from plans to manufacture high-volume Gigacasts. sources He told Reuters that Tesla (TSLA) will…