Tag: Tesla Inc

The Precision Neuroscience competitor challenging Neuralink through human brain implant testing

In a groundbreaking surgery at The Mount Sinai Hospital in New York City, Dr. Joshua Bederson, system chair for the Department of Neurosurgery at Mount Sinai Health System, made medical history by placing Precision Neuroscience’s electrodes onto a patient’s brain. The procedure, which involved removing a benign brain tumor called meningioma, not only highlighted Bederson’s […]

Nvidia’s AI growth remains strong as data center revenue skyrockets by over 400%

Nvidia’s historic rally is being driven by its data center business, which grew at a whopping 427% in the latest quarter as companies keep snapping up its artificial intelligence processors. Now, Nvidia is signaling to investors that the customers spending billions of dollars on its chips will be able to make money off AI, too. […]

Alabama Mercedes-Benz workers reject unionization effort

The United Auto Workers (UAW) suffered a setback as workers at the Mercedes-Benz plant in Alabama voted against union representation, according to the National Labor Relations Board. This outcome comes as a blow to the UAW, following their recent success in organizing Volkswagen plant workers in Tennessee. The vote saw 56% of the workers, totaling […]

600 jobs cut in California as Tesla layoffs persist

Tesla’s massive restructuring continues as the electric-vehicle maker announced the layoffs of approximately 600 more employees at its manufacturing facilities and engineering offices between Fremont and Palo Alto. The recent round of layoffs impacted roles across all levels and departments, including factory workers, software developers, and robotics engineers. The cuts were revealed in a Worker […]

EV Startups Rivian, Lucid, and Nikola Seek Ways to Increase Funding

Electric vehicle startups, once the darlings of investors and the automotive industry, are now facing tough market conditions as they struggle to survive and prove their viability. Companies like Rivian Automotive, Lucid Group, and Nikola Corp. are all focusing on conserving cash, reducing costs, and improving operations to weather the storm. Rivian, with its strong […]

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