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Arm Holdings announces the creation of a new business division named ‘Physical AI,’ marking its strategic move into the robotics and automotive markets amid growing AI integration in everyday technologies.
Spinny, the Indian used-car platform, is preparing to raise $160 million in a funding round aimed at acquiring GoMechanic, pushing its valuation to approximately $1.8 billion post-money.
Jeep has officially introduced the all-electric Recon SUV, boasting an estimated 250 miles of range. This launch highlights Jeep’s commitment to electrification as part of its broader strategy to expand its EV portfolio in North America by 2024.