Apptronik raises $520m at $5bn valuation to scale humanoids
Apptronik has raised $520 million at a $5 billion valuation and has secured Google as co-investor; it has begun pilot deployments with Mercedes‑Benz, GXO and Jabil, and has committed to scale Apollo production and expand in Austin and California.
AAC Technologies Advances Automotive Acoustic Solutions
AAC Technologies is expanding its presence in automotive acoustics through R&D and acquisitions, supplying integrated audio and sensory solutions to major global car manufacturers.
Apple to Raise Capital Expenditure for AI Infrastructure
Apple plans to increase capital spending on AI infrastructure, focusing on proprietary data centres and hardware to enhance its AI capabilities and maintain hybrid cloud operations.
Lotus Technology Partners with AWS for Cloud Solutions
Lotus Technology has selected AWS as its primary cloud provider to enhance its intelligent vehicle development and support its Vision80 Strategy for luxury car experiences.
Xiaomi Reports Q3 2024 Revenue of $12.7 Billion
Xiaomi's Q3 2024 results show record revenue growth, driven by EV sales and strong performance across its smartphone and IoT segments.
