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Chinese tech company Baidu announced Wednesday its Apollo Go robotaxi arm has entered a strategic partnership with PostBus in Switzerland. Baidu BEIJING — Chinese tech giant Baidu announced Wednesday that its robotaxi unit will start test drives in Switzerland in December, as firms race to get their vehicles on European roads. The company’s Apollo Go … Read more
Europe’s banks take center stage this week as earnings season gets underway, but with heavy losses across the sector on Friday, credit concerns appear to be making their way across the Atlantic at a particularly tricky time for the region’s lenders. Stock Chart IconStock chart icon Credit concerns hit European banks Last week, the biggest … Read more
In 1913, a tiny American state made a calculated bet that would reshape the global economy. When New Jersey suddenly came down hard on business, neighbouring Delaware decided to rewrite its rulebook to scoop up companies fleeing the state. It created a simple registration system, stripped away corporate bureaucracy, and invited the nation’s companies to … Read more
Automaker Stellantis and Chinese autonomous vehicle company Pony.ai have signed a non-binding agreement to build robotaxis for deployment in Europe. The collaboration will integrate Pony’s self-driving software into Stellantis’s electric medium-size van platform, which is built with advanced sensors to support autonomous vehicles. The companies plan to first deploy test vehicles based on the … Read more
Robotaxi operator Pony.ai has begun testing rides with human staff inside between a suburb of Beijing and a major high-speed train station. CNBC | Evelyn Cheng Chinese robotaxi company Pony.ai announced Friday it is working with Stellantis for testing self-driving taxis in Europe. The companies said they will start tests in the coming months in … Read more
Good morning. How does a company become—and stay—a great place to work? To celebrate the publication of Fortune’s 2025 list of the 100 Best Companies to Work For in Europe, which we produce with Great Place to Work (GPTW), now a part of UKG, I spoke with GPTW CEO Michael C. Bush and leaders from … Read more
Key Takeaways Standard Chartered and OKX are partnering to offer regulated institutional crypto trading in Europe. OKX’s MiCA license enables secure asset custody and collateralized trading for institutional investors in the EU. Share this article Standard Chartered has joined forces with OKX to integrate regulated bank custody with crypto trading infrastructure, giving institutional investors a … Read more
Apple announced Tuesday that it had signed contracts for 650 megawatts of renewable power in Europe. This includes wind and solar projects that are either operational or will be soon. A large chunk of the power they’ll produce will go toward offsetting the energy use by Apple customers. Use of everything from Mac Pros to … Read more
User spending on ChatGPT has “stalled” and “the value of OpenAI subscriptions, which surged from a standing start in January 2023, has flatlined in the major European markets over the past four months,” according to new data published by Deutsche Bank. OpenAI made a $500 billion commitment to buy 10 gigawatts of custom-designed chips from … Read more
OpenAI’s EMEA startups head Laura Modiano spoke at the Sifted Summit on Wednesday, 8 October. Nurphoto | Nurphoto | Getty Images In the latest comparison between American and European founders, OpenAI’s startup boss admitted that the Americans are “almost shameless” when it comes to making demands and giving feedback to the AI giant. Laura Modiano, … Read more
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