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Rani Molla
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Lucid announces Cybercab competitor and self-driving tech subscription in a bid to take on Tesla
Lucid’s vehicle has two seats and no steering wheel… a lot like another vehicle we’ve been hearing a lot about lately. Source: Sherwood News.
Tesla’s China sales jump as EV market slumps
In February, Tesla, fueled by Model Y sales, enjoyed its highest China EV market share in nearly two years. Source: Sherwood News.
Uber, which exited self-driving in 2020, is now at the center of the robotaxi era
Uber, which plans to launch a robotaxi service with Wayve and Nissan in Tokyo this year, has deals with every major AV player. Source: Sherwood…
Musk blurs the boundaries of his companies even more with joint xAI-Tesla AI agent project
Macrohard is now Digital Optimus. Source: Sherwood News.
Meta doubles down on custom inference chips after reportedly scrapping training chip
Meta wants to buy its chips and make them, too. Source: Sherwood News.
Google completes acquisition of Wiz — its biggest ever
The $32 billion cybersecurity startup purchase ranks higher than any of Google’s previous acquisitions. Source: Sherwood News.
Uber jumps on news it’s partnering with Amazon’s Zoox in Las Vegas and Los Angeles
Zoox’s autonomous vehicles in Las Vegas will be available on Uber’s app this year. Source: Sherwood News.
Tesla accelerates AI agent push as xAI’s Macrohard falters
Painting “Macrohard” on a building isn’t the same as following through on the project. Source: Sherwood News.
Salesforce reportedly planning $25 billion bond sale to help fund $50 billion buyback
Moody’s Ratings called the debt-funded buyback “a material shift in financial policy, including a higher tolerance for debt in the capital structure” for Salesforce. Source:…
Reuters: SpaceX wants a Nasdaq listing — with early Nasdaq 100 access
Currently companies have to wait up to a year to be eligible for inclusion in major indexes like the S&P 500 or the Nasdaq 100….
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