BrainChip and Unigen Partner to Deliver Powerful, Energy-Efficient Edge AI Server
LAGUNA HILLS, Calif.–(BUSINESS WIRE)– The Cupcake Edge AI Server is a small form factor solution that can run complex AI applications at the Edge, close to the source of data, without relying on the cloud or internet connections. In leveraging Akida’s unique data-processing capabilities, the device offers unparalleled efficiency, precision, and economy of energy in […]
KKR acquires $7.2 Billion Portfolio of Prime Recreational Vehicle Loans
NEW YORK–(BUSINESS WIRE)–KKR, a leading global investment firm, today announced that funds and accounts managed by its credit business have led the purchase of a $7.2 billion portfolio of super-prime recreational vehicle (RV) loans from BMO Bank National Association, part of BMO Financial Group (“BMO”). Concurrently with the sale, BMO purchased approximately $6.4 billion of […]
Ford Credit’s Harris to Retire, Be Succeeded by O’Callaghan; Kosman to Follow O’Callaghan as Ford Chief Accounting Officer
Marion Harris will retire in March, capping 25 years at Ford, the past four as president and CEO, Ford Credit, which is transforming itself into a highly customer-focused fintech Cathy O’Callaghan, a longtime global company leader and Ford’s vice president and controller since 2018, to assume leadership of Ford Credit in mid-February Mark Kosman, who […]
UC Berkeley ROAR Racers Among Top Teams to Demo Next-Gen Autonomous Racecars at CES 2024
BERKELEY, Calif.–(BUSINESS WIRE)–The University of California, Berkeley, Three top racing teams from this year’s IAC competition will test out the next-gen model, with its upgraded controls, perception sensors, qualified systems, and other improvements on the original Dallara AV-21 introduced in 2021. The manufacturer’s Autonomous Vehicle (AV) series is based on the classic carbon-composite Indy NXT […]
Fisker Rolls Out Final Fisker Ocean Over-the-Air Software Update of 2023 and Prepares for Regular Updates in 2024
Version 1.11 introduces new features and bug fixes and improves the ownership experience. Version 1.11 is the second major OTA update for 2023, following Version 1.10 in November. Fisker expects to continue OTA updates through Q1 2024. LOS ANGELES–(BUSINESS WIRE)– Version 1.11 began rolling out on Dec. 14. The company expects to completely implement this […]
Faraday Future Continues Actions to Protect Stockholders Against Potential Illegal Trading Activities
LOS ANGELES–(BUSINESS WIRE)–Faraday Future Intelligent Electric Inc. (NASDAQ: FFIE) (“Faraday Future”, “FF” or “Company”), a California-based global shared intelligent electric mobility ecosystem company, today announced that it has completed the first phase analysis of identifying potential illegal trading activity, and is taking additional steps to help mitigate such activity with ShareIntel-Shareholder Intelligence Services, LLC into […]
Blue Bird Announces Launch of Secondary Public Offering
MACON, Ga.–(BUSINESS WIRE)–Blue Bird Corporation (“Blue Bird” or the “Company”) (Nasdaq: BLBD), a leader in electric and low-emission school buses, announced today that an affiliate of American Securities LLC (the “Selling Stockholder”) intends to offer 2,500,000 shares of Blue Bird’s common stock, par value $0.0001 per share (the “Common Stock”), pursuant to a shelf […]
Cenntro Electric Group Limited Receives Australian Court Order to Convene Scheme Meeting
Scheme Booklet Registered with Australian Securities and Investments Commission (ASIC) Scheme Meeting to be Held January 24, 2024 at 4:00pm EST FREEHOLD, N.J.–(BUSINESS WIRE)– (a) that Cenntro convenes and holds a meeting of its ordinary shareholders to consider and vote on the Scheme (“Scheme Meeting”); and (b) that the explanatory statement providing information about the […]
inTEST Corporation Launches Next Generation of Induction Heating Systems
All-New EKOHEAT® 2 Family of Products Includes the World’s Most Advanced Feature Set MT. LAUREL, N.J.–(BUSINESS WIRE)– The EKOHEAT 2 product family was engineered with an innovative, industry-leading internal control and power delivery system, Advanced Internal Monitoring™, an industry exclusive. Included with this proprietary monitoring system is a newly designed, intuitive touchscreen with an expansive […]
United Rentals Announces New Estimated Emissions Digital Dashboard
Tapping Equipment Emissions Data Helps Companies Identify Opportunities to Reduce Carbon Footprint STAMFORD, Conn.–(BUSINESS WIRE)–United Rentals, Inc. (NYSE: URI), the world’s largest equipment rental company, today announced the Estimated Emissions dashboard, a groundbreaking digital tool that enables users to view rental equipment and jobsites through the lens of current and historical estimated carbon emissions. The […]
