US-China Rare Earths Trade Deal; GM's $4B US Production Shift US and China establish rare earth trade framework, easing auto industry supply concerns. GM invests $4B to shift some production from Mexico to the U.S. by 2027. Chinese automakers approach 10% UK market share, fueled by BYD's fivefold surge. Ford expands Lobo subbrand with V-8 F-150, starting at $59,995 with shipping. Nvidia to build its first AI cloud platform in Germany for industrial applications. Total 851 words · 4 mins read22 More Stories19 hours ago14
Tesla to Launch Robotaxis in Austin; FSD Under Investigation After Fatal Crash Tesla plans to launch 10-20 self-driving "robotaxis" in Austin around June 22, 2025. NHTSA is investigating Tesla's FSD after crashes, including one fatality, in low visibility. Google will supply computing capacity to AI rival OpenAI via its cloud service. Nvidia will build its first AI cloud platform in Germany for industrial applications. Huawei launched its Pura 80 smartphone series in China, prices ranging from 6,499-9,999 yuan. Total 771 words · 4 mins read11 More StoriesThu, 4:53 AM12
Wayve and Uber to Launch Driverless Robotaxis in London; UK Fast-Tracks Autonomous Vehicle Pilots Wayve and Uber plan to launch a driverless robotaxi service in London. UK fast-tracks autonomous vehicle pilots to spring 2026, from late 2027. Tesla robotaxi rides are tentatively scheduled to begin on June 22, 2025. Meta to acquire 49% stake in Scale AI for $14.8B; Wang to assume top position. Nintendo Switch 2 sells more than 3.5M units in four days after launch. Total 879 words · 4 mins read16 More StoriesWed, 4:53 AM14
Apple Unveils iOS 26 with AI; OpenAI's Revenue Hits $10 Billion Apple unveiled iOS 26 with AI features, upgrades, and developer access at WWDC 2025. OpenAI's annualized revenue run rate surged to $10B, targeting $12.7B in 2025. Qualcomm to acquire Alphawave for $2.4 billion; Alphawave shares jumped 22%. Five Waymo robotaxis were vandalized in Los Angeles amid protests; three were set on fire. Jony Ive partners with OpenAI to create a potential rival AI device. Total 675 words · 3 mins read11 More StoriesTue, 4:53 AM13
Luminar Faces Market Headwinds; Tesla Optimus Gets New Leader Luminar faces lidar market obstacles; CEO Paul Ricci is navigating the company through challenges. Tesla Optimus head Milan Kovac resigns; Ashok Elluswamy to take over the role. MIT's Reimer suggests prioritizing human-machine collaboration over full autonomy in the auto industry. Total 190 words · 1 min read3 More StoriesMon, 4:53 AM15
Marelli bankruptcy looms; Trump threatens Musk Marelli (Nissan, Stellantis supplier) is reportedly considering filing for Chapter 11 bankruptcy. Trump warns Musk of 'serious consequences' if he funds Democrats. Tesla seeks to block Austin from releasing records on its robotaxi trial. Geely warns the auto industry faces 'serious overcapacity,' halting expansion. Apple's WWDC 2025: iOS 26, visionOS-inspired redesign, and AI updates expected. Total 916 words · 4 mins read21 More StoriesSun, 4:53 AM14
Trump Lifts Supersonic Flight Ban; Walmart Expands Drone Delivery Trump directs FAA to lift 52-year ban on supersonic flight over U.S. soil. Walmart and Wing expand drone delivery to thousands more customers in five U.S. cities. xAI projects $13B annual earnings by 2029, planning $18B data center investments. Uber appoints Macdonald as president, Gore-Coty departs on June 6, 2025. Joby Aviation explores Saudi distribution deal for up to 200 electric aircraft. Total 585 words · 3 mins read8 More StoriesSat, 4:52 AM14
Plus Automation to Go Public via $1.2B Merger; Volvo Unveils AI Seat Belt System Plus Automation will go public via $1.2B merger to launch autonomous trucks in 2027. Volvo's 2026 EX60 will feature an AI-assisted smart seat belt system to save lives. Trump-Musk dispute caused a $150B loss in Tesla's market value on 2025-06-06. Suzuki halted Swift production due to China's restrictions on rare earth metals. China's rare earth curbs may disrupt auto production, exceeding microchip shortage impact. Total 596 words · 3 mins read14 More StoriesJun 6, 4:53 AM17
Obvio's AI Stop Sign Cameras Detect Unsafe Drivers; Amazon Expands AI Use in Warehousing and Delivery Obvio's AI stop sign cameras identify unsafe drivers; $22M Series A funding secured. Amazon expands AI use in warehouses and delivery, testing humanoid robots. US AI search ad spend projected to hit $26B by 2029, up from $1B in 2025. Nintendo Switch 2 launches globally with high demand; pre-orders sold out quickly. Reddit sues Anthropic for AI data theft, seeking restitution and an injunction. Total 944 words · 4 mins read13 More StoriesJun 5, 4:52 AM18
Tesla to Launch Robotaxi Service; Toyota's $33B Supplier Buyout Bid Tesla will launch its robotaxi service in Austin in June 2025 using Model Y vehicles. Toyota bids $33B to take a key group supplier private on June 3, 2025. Ford recalls over 40,000 Lightning pickups in the U.S. and Canada. LeddarTech is laying off 95% of its staff due to a cash crunch. Toyota, Ford, Hyundai saw U.S. sales gains in May, driven by SUV and truck demand. Total 747 words · 3 mins read23 More StoriesJun 4, 4:54 AM17