Company Google is preparing one of the largest investments in the field of artificial intelligence, despite the fact that it is investing in a direct competitor with its own AI models. It has been officially …
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Tag: billion
Uber is spending $10 billion to dominate the robot taxi market
The American technology company Uber has decided to make a significant departure from its previous “sharing economy” business model, which was based on minimal property ownership and renting out what they don’t actually own. According …
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VW and Rivian completed winter vehicle testing, which “unlocks” another billion dollars of investment
The joint venture of Rivian and Volkswagen Group Technologies (abbreviated as RV Tech) has successfully completed the winter testing of the zone architecture intended for the first generation of their software-defined vehicles. During a multi-month …
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The Volkswagen Group aims to save 60 billion euros through an extensive cost reduction program
The story of a major restructuring and cost cutting within the German automotive giant Volkswagen is active again. The corporation is preparing for a new, more radical wave of that process, despite previous efforts that …
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NVIDIA’s planned USD 100 billion investment in OpenAI practically failed – the deal never materialized
In September 2025, the technology world was intrigued by the news that NVIDIA and OpenAI jointly announced a long-planned collaboration through a letter of intent under which NVIDIA could invest up to 100 billion dollars …
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