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Transportation

Talent from Rivian, Tesla, and Apple Flourishes in Ford’s Mysterious Low-Cost EV Initiative

There has been a lot of recent chaos in the world of electric vehicles, and Ford has capitalized on it to build out its secretive low-cost EV team. It also hired around 10 employees from Lucid Motors, and a handful from Apple’s recently disbanded EV team known as Project Titan. The company declined to respond to specific questions about how it’s building out the team, which is known internally as Ford Advanced EV. It also noted that some of the work being done by Ford Advanced EV could be applied to other efforts across the company, not necessarily just to the low-cost EV project. “The Ford Advanced EV team is part of a global effort to build focused technology and product development teams local to the best talent centers.

Ava Patel
June 12, 2024
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Apps

Judge Robles finds Mike Lynch innocent of HP’s fraud trial

He had been accused of falsely inflating revenues at the UK startup ahead of its $11 billion sale to HP in 2011. This verdict closes the book on a relentless 13-year effort to pin HP’s well-documented ineptitude on Dr Lynch. Mr Lynch made £500M from the sale of Autonomy to HP. Prosecutors accused Lynch and Chamberlain of illegally inflating revenues prior to the acquisition and hiding high-margin software revenues inside unprofitable hardware sales. In the trial, Lynch successfully argued that he had not been involved in accounting and contract matters, instead focusing on technical and marketing issues.

Ava Patel
June 7, 2024

Media & Entertainment, Robotics & AI, Startups

Strangeworks: AI Startup Redefining SXSW with Cutting-Edge Tech

Strangeworks might be the first startup to rely on AI to create everything it brought to SXSW

Whurley’s SXSW talk, “How Generative AI is Changing the Conjurer’s Trick,” was a must-see for anyone interested in the rapidly evolving field of generative AI. Whurley used a combination of…