AIAutomation

GM Unveils Autonomous Driving, AI Assistant and Unified Vehicle Platform in Tech Transformation

General Motors has revealed plans to introduce eyes-off autonomous driving technology by 2028 alongside conversational AI powered by Google Gemini. The automaker also announced a revolutionary unified computing platform that will transform vehicle design and capabilities.

GM’s Technological Transformation

General Motors is positioning itself at the forefront of automotive technology with a comprehensive showcase of advancements in autonomy, artificial intelligence, and unified software platforms, according to reports from the company’s recent media event. The automaker demonstrated how manufacturing scale, software expertise, and AI are converging to redefine the automobile from mere transportation to intelligent assistant.

AIStartups

Nvidia Backs Battery Recycler Redwood Materials in Major Energy Storage Push

Nvidia has reportedly invested in battery recycling firm Redwood Materials as part of a $350 million funding round. The move signals a strategic focus on solving energy bottlenecks for data centers powering AI technologies.

Strategic Investment in Sustainable Energy

Nvidia, having recently reached a $4 trillion market capitalization, is expanding its investment portfolio through NVentures into unexpected sectors, according to reports. The latest beneficiary is Redwood Materials, a battery recycling company that just secured $350 million in new funding. This investment highlights a growing corporate focus on addressing energy constraints in artificial intelligence infrastructure.

AIBusiness

Global Fund Managers Brace for Year-End Volatility Amid AI, Credit, and Inflation Fears

Top fund managers are shifting to defensive assets as multiple economic threats converge. Private credit instability, AI bubble concerns, and stubborn inflation are creating what analysts describe as a “perfect storm” of year-end risks.

Defensive Positioning Dominates Fund Strategy

Global fund managers are reportedly adopting cautious investment approaches as the final quarter unfolds, with sources indicating a broad shift toward defensive assets with lower volatility. According to analysis from multiple investment firms, managers are reducing exposure to risk assets in favor of higher-quality government bonds and other stable investments.

AIBusinessSoftware

OpenAI Bolsters Mac Integration with Acquisition of Sky App Developer

OpenAI has acquired the company behind Sky, a sophisticated AI assistant for macOS that understands on-screen content and automates workflows. The move represents OpenAI’s strategic push to integrate AI deeper into Apple’s ecosystem, bringing Sky’s technology into ChatGPT.

OpenAI Expands Mac Presence with Strategic Acquisition

OpenAI has reportedly acquired Software Applications Incorporated, the developer behind the innovative Sky application for Mac computers, according to recent announcements. This strategic move signals OpenAI’s continued expansion into Apple’s ecosystem and represents a significant step in enhancing ChatGPT’s capabilities on macOS platforms.

AICybersecuritySoftware

Reddit Files Lawsuit Alleging Perplexity AI Illegally Scraped Content Through Third Parties

Reddit has filed a lawsuit against Perplexity AI, accusing the company of illegally scraping content to train its artificial intelligence systems. The social media platform claims it caught Perplexity using third-party data scraping firms to access Reddit content without permission. According to reports, Reddit used a clever detection method involving a “test post” that proved Perplexity was accessing restricted content.

Legal Battle Over AI Training Data

Reddit has initiated legal action against artificial intelligence company Perplexity, alleging the AI firm engaged in unauthorized data scraping of Reddit content to train its AI systems. According to the complaint filed in court, Perplexity collaborated with three data scraping companies—AWMProxy, Oxylabs, and SerpApi—to access Reddit’s content without proper authorization. Sources indicate that Perplexity maintained business relationships with at least one of these scraping firms to systematically extract data from Reddit’s platform.

BusinessStartups

Core Scientific Stock Upgraded as Standalone Prospects Outweigh Acquisition Hopes

Investment firm Roth Capital Partners has upgraded Core Scientific to buy despite fading acquisition prospects. Analysts suggest the company’s standalone value lies in leasing its substantial power capacity for high-performance computing applications.

Analyst Upgrade Amid Shifting Acquisition Landscape

Roth Capital Partners has reportedly upgraded Core Scientific shares from neutral to buy, according to recent analyst reports, even as the potential acquisition by CoreWeave appears less likely. Analyst Darren Aftahi simultaneously raised his 12-month price target to $23.50 from $17, suggesting a potential 32% gain based on the company’s standalone prospects.

AICybersecuritySoftware

Reddit Files Lawsuit Against Perplexity AI Over Alleged Data Scraping Practices

Reddit has initiated legal action against Perplexity AI, accusing the company of illegally harvesting user-generated content to train its artificial intelligence models. The lawsuit names three data firms allegedly involved in circumventing Reddit’s anti-scraping measures. This marks the second such lawsuit Reddit has filed against AI companies in recent months.

Legal Battle Over AI Training Data Intensifies

Reddit has filed a federal lawsuit against Perplexity AI, alleging the artificial intelligence company illegally scraped user-generated content from its platform to train its AI models, according to court documents filed in New York. The social media platform is seeking monetary damages and a permanent injunction to prevent further use of its data, the report states.