Wednesday, March 8, 2023

Startup from ex-Apple team raises $100 million, works with OpenAI

Humane Inc, a startup founded by former Apple Inc employees, said on Wednesday it has raised $100 million and will release its first products this spring. The company, founded in 2018 by Imran Chaudhri and Bethany Bongiorno, has now raised $241 million but has yet to disclose what it is building, saying only that it is a "software platform and consumer device built from the ground up for artificial intelligence."

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JLR pivots to flexible powertrains amid slow pace of electrification

Jaguar Land Rover is adjusting its strategy. The company will offer a mix of petrol, hybrid, and electric vehicles. This change comes after ...