Apple sued, Microsoft’s AI ambitions and Nvidia’s surprises

In this edition of Week in Review, we have big news on the latest Apple antitrust lawsuit. Microsoft’s AI ambitions dominated the news as well, so let’s dive right in.… Did someone forward this to you? Sign up here to receive the Week in Review newsletter in your inboxes. The U.S. joined international regulators in accusing … Read more

India boosts chip ambitions, okays plants with $15 billion in investments

Researchers inside the semiconductor fabrication lab at the Centre for Nano Science and Engineering, at the Indian Institute of Science, in Bangalore on June 30, 2018. Manjunath Kiran | Afp | Getty Images India has approved building three semiconductor plants with investments of more than $15 billion as the country aims to become a major … Read more

Singapore’s AI ambitions get a boost with $740 million investment plan

The Singapore River and Merlion Park in the evening Photography By Bobi | Moment Open | Getty Images SINGAPORE — Singapore’s plan to invest more than $743 million into artificial intelligence over the next five years could strengthen its position as a global business and innovation hub, tech executives said. In his Budget speech on … Read more

Business sustainability ambitions are hindered by these four big obstacles

Eoneren/Getty Images The are several gaps that need to be addressed in order for businesses to meet their sustainability goals, according to research.  In a report titled The Gap in Sustainable Value Creation, Salesforce presents the findings from sustainablity research conducted in partnership with GlobeScan and notes the following key findings:  93% of senior leaders across IT, finance and ESG … Read more

CES 2024: The biggest transportation news, from Honda’s EVs to Hyundai’s air taxi ambitions

CES has increasingly become defined by what automakers and other mobility-focused companies bring to Las Vegas, and CES 2024 has been no exception. Though some major CES automotive players from past years like Ford, GM and Toyota didn’t have a big presence, other companies filled the gaps with EV reveals, flying vehicles and a lot … Read more

TikTok Revives E-Commerce Ambitions in Indonesia With New Local Partnership

ByteDance Ltd.’s TikTok has struck an agreement to invest in a unit of Indonesia’s GoTo Group and cooperate on an online shopping service, pioneering a template for e-commerce beyond Southeast Asia’s biggest economy. The Chinese-owned video service has agreed broadly to work with GoTo’s Tokopedia across several areas rather than compete directly with the Indonesian … Read more

Inside Brex and Ramp’s AI ambitions

Welcome back to The Interchange, where we take a look at the hottest fintech news of the previous week. If you want to receive The Interchange directly in your inbox every Sunday, head here to sign up! This week, we dig into spend management companies’ AI aspirations, and one U.K. fintech’s recent growth. AI ambitions At one … Read more

Kuva Space raises €16.6M Series A to scale hyperspectral imagery ambitions

Kuva Space, a hyperspectral imagery startup founded in Finland, has closed a €16.6 million ($17.6 million) Series A funding round as it looks to deploy up to 100 satellites by the end of the decade. The startup, formerly called Reaktor Space Lab, was founded in 2016 and spent its first four years focused on building … Read more

Hertz is scaling back its EV ambitions because its Teslas keep getting damaged

Rental car company Hertz once envisioned itself as the ultimate EV broker, doling out battery-powered vehicles to business travelers, ridehail drivers, and tech newbies in an ambitious plan to grease the wheels for the EV revolution. The company inked agreements with Tesla and Polestar to buy nearly 200,000 EVs. Tesla’s valuation topped $1 trillion on … Read more