Dec 3, 2020 | Artificial Intelligence, Europe, Investment
Spain is to invest 600 million euros (725 million dollars) in developing artificial intelligence over the next two years as part of plans to transform its national economy, the premier said Wednesday. The programme would run from 2021 to 2023, starting with an initial...
Nov 19, 2020 | Autonomous Vehicles, Business, Electric Vehicles, Featured, Investment
Volkswagen has raised its planned investment on digital and electric vehicle technologies to 73 billion euros ($86 billion) over the next five years as it seeks to hold onto its crown as the world’s largest carmaker in a new green era. Under a plan...
Oct 22, 2020 | Featured, Investment, Smart Cities
A massive smart infrastructure boom could be about to kick off as cities face growing pressure to become more resilient in the wake of Covid-19. Combined with escalating sustainability commitments and the need to support ongoing population growth, Barclays believes...
Sep 24, 2020 | Autonomous Vehicles, Investment
Jerusalem-based Mobileye, the developer of driver assistance systems acquired by Intel Corporation for $15.3 billion in 2017, will begin setting up the infrastructure to test autonomous vehicles in Dubai and hopes to roll out a full...
Sep 24, 2020 | 5G, Investment
September 2020 has turned out to be a forgettable month for the stock market so far. Major indices have pulled back this month, and investors fear a rerun of the March crash, which isn’t surprising given the economic challenges created by the novel coronavirus...
Jun 18, 2020 | Investment, Robots & Drones, Smart Manufacturing
As COVID-19 continues to bolster the global delivery and logistics market, warehouse robotics startup Geek+ today announced it has extended its series C funding round to $200 million, up from $150 million in July 2019. The company says the deal,...
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