Daimler AG's the Commercial truck unit manufacture and Waymo announced on Tuesday that they will work together on the development of self-driving Class 8 semi-trucks, by introducing Waymo’s automated system to Daimler`s Freightliner Cascadia. The partnership accelerates a race to put automated heavy-duty trucks on the road, with a handful...
AIG announces restructuring of its businesses and new CEO AIG announced that the company is going to separate the life and retirement business from the rest of the company. AIG also Appointed Peter Zaffino as CEO, effective next year. AIG share increases by 8% in extended trading.
Cerence Inc. (CRNC) last week announced selection of its automotive assistant products by one of the largest automakers in China, Dongfeng Motor Corporation. Cerence is global industry leader which creates an artificial intelligence (AI)-based unique, moving experiences for the automotive world. Dongfend selected products from Cerence as well as Asia’s...
Chevron, one of the major oil&gas producer is shifting its focus to the Middle East from U.S shale gas reserves because of the political changing scenario. CEO of the Chevron Michael Wirth said that there is a reconciliation atmosphere going on which can make a Middle East favourite...
Sypris Solutions, Inc.’s (SYPR) subsidiary Sypris Electronics, LLC recently received multiple contract awards from a prime contractor of the United States Department of Defense. The contract awards are to manufacture a range of mission-critical electronic assemblies to be used by different programs of the US government. The subsidiary company is...
Veritone, Inc. (VERI) made a new strategic alliance with pioneer eDiscovery infrastructure specialist firm George Jon. Veritone is the creator of the world’s first operating system for artificial intelligence, aiWARE where as George Jon is a forensic specialist in eDiscovery and compliance platform, product and services. The alliance will make...
Rackspace Technology, Inc. (RXT) has provided support to gohenry in its global expansion strategy by shifting its IT infrastructure to Google Cloud. The multicloud technology solutions company also provided gohenry with advanced digital security and scalability for its next-generation money app. gohenry is a prepaid Visa debit card and...
EverQuote, Inc. (EVER) commenced the month completing acquisition of Evansville, Indiana-based leading health insurance agency Crosspointe Insurance & Financial Services, LLC. The Cambridge, Massachusetts-based EverQuote is operator of an online insurance marketplace connecting consumers with insurance agencies and provides them free service that helps consumers compare quotes on auto insurance.
Genasys Inc. (GNSS) signed a definitive acquisition agreement with Amika Mobile. Genasys is a leading provider of critical communications systems and solution while Amika Mobile is an enterprise software company based in Canada which provides solutions for critical event situational awareness as well as products for communications and controls.
Microbot Medical Inc. (MBOT) recently completed its feasibility animal study successfully. The study was concluded using LIBERTY Robotic System, company’s surgical robotic system which is world’s first for being fully disposable system. The study achieved all its end point targets without facing any adverse incident in using that system....