Volkswagen Invests Billions in Rivian Recently, Volkswagen announced a partnership with Rivian, a competitor to Tesla. The German automaker plans to invest up to $5 billion in developing technology for future vehicles together with Rivian. […]
Strong Demand and New Chip Generation The AI frontrunner NVIDIA is currently developing its latest chip generation “Blackwell,” anticipated to hit the market later this year. According to “MarketWatch,” Morgan Stanley analyst Joseph Moore expects […]
The Volkswagen Group is reportedly planning to further reduce its workforce at the Zwickau plant. The company confirmed to the “Freie Presse” that by the end of next year, the temporary contracts of around 1,000 […]
Cinven has acquired 70% of the real estate platform Idealista for around 2 billion euros, while EQT reinvests to retain an 18% stake. In a landmark deal, Cinven has emerged as the buyer of Idealista, […]
Exciting days for Nvidia shareholders: first a 13 percent dip within three days, then a strong rebound, followed by losses again on Thursday. However, any complaints are at the highest level, as the long-term performance […]
Hyundai has unveiled the electric small car, Inster. The model will first be launched in South Korea this summer, followed by releases in Europe, the Middle East, and the Asia-Pacific region. It is expected to […]