Hyundai Motor Group plans move into physical AI

Hyundai aims for annual US robot production capacity of 30,000 units by 2028.

Hyundai aims for annual US robot production capacity of 30,000 units by 2028.
The industrial-scale sand battery in Finland’s Pornainen can cover almost one month of the town’s heating demands in the summer and as much as one week in the winter. Polar Night Energy A small town in southern Finland has turned to the world’s largest commercial sand battery to fix what many see as the most…
Magnificent 7 tech stocks on display at the Nasdaq. Adam Jeffery | CNBC The race to build artificial intelligence infrastructure at a trillion-dollar annual clip is eroding the free cash flow and increasing balance-sheet risk at so-called hyperscalers, warned Moody’s Ratings. In a research note released this week, Moody’s said that the spending surge is…
Fresh off launching a metallic Hall effect keyboard and a 59g gaming mouse for flashy esports setups, Lenovo has turned its attention to gamers working with much tighter budgets. The new Legion 24-1r costs just 669 yuan, or around $99, yet still packs a 23.8-inch IPS panel with a refresh rate of up to 280Hz….
Fora has closed a new $60 million (about €53.5 million) Series D at a $1 billion valuation. The round was led by Forerunner and Tactile Ventures, with existing backers Thrive Capital, Insight Partners and Heartcore Capital all participating. The firm’s recent seed saw new investors PLUS Capital, BlackPines Capital Partners and Tribeca Venture Partners join…
For years, property technology was largely associated with making real estate transactions faster. Digital mortgage applications and virtual property tours dominated investment rounds as startups sought to modernize one of the largest industries in the U.S. Today, however, a new generation of proptech companies is tackling a far more pressing challenge: insurance. Nowhere is…
The US has imposed new tariffs on 60 trading partners, accounting for the vast majority of its imports, over claims they failed to properly stop forced labour. The duties, ranging from 10% to 12.5%, target key economic partners – including the UK, China, the European Union, Canada, Japan and India. They came into effect on…