Europe’s EV share hit 25% in July as sales jumped 51%
Electric vehicle registrations reached 25 percent of European car sales in July, representing a 51 percent year-over-year increase. Chinese brands captured 34 percent of the plug-in hybrid market segment, which remains outside current EU countervailing duties.
Read full story →AI Cloud Provider Lambda in Talks for $3 Billion Pre-IPO Round
Lambda, an AI cloud-computing provider backed by Nvidia, is seeking to raise up to $3 billion in a pre-IPO funding round. The company is preparing for a potential public offering next year.
Rivian EVs are getting a software update that warns you what’s ahead
Rivian's new OS 2.0 integrates Waze real-time alerts into all R1 and R2 models starting now. The update excludes Apple CarPlay and Android Auto while the company transitions toward a single core operating system launching in Europe through Volkswagen starting 2027.
OpenAI wants California to toughen the AI law it once fought
OpenAI requested that California strengthen its AI safety law, which the company previously opposed. The transparency law was the first of its kind in the United States.