Swedish electric and autonomous truck company Einride has agreed to acquire electric vehicle charging startup Flipturn in an all-stock deal worth $38 million. The acquisition, Einride’s first as a publicly traded company, will expand its electric vehicle charging ecosystem as it works to scale its electric truck business. The deal is expected to close this
The price tag for General Motors’ electric vehicle reboot has soared to nearly $11 billion. During the automaker’s Tuesday earnings update, executives said GM recorded an electric vehicle-related charge of nearly $2.3 billion in the most recent quarter. That brings the automaker’s total related costs to $10.9 billion from the second half of 2025, as
Data centers are expected to use one-fifth of the electricity generated in the US by 2035, four times more than today, according to a new report from BloombergNEF. The report predicts that an increase in AI computing will increase data center capacity to nearly 200 gigawatts over the next decade. Nearly half of that capacity
Jamie Dimon doesn’t often give hour-long interviews, but when he does, he covers a lot of ground. The JPMorgan CEO appeared on “The Master Investor Podcast with Wilfred Frost” on Monday, days after reporting the bank’s highest-ever quarterly profit of $21.2 billion, and describing an environment that is “about as good as it gets” for
On Tuesday, Google DeepMind released Gemini 3.6 Flash, 3.5 Flash-Lite, and 3.5 Flash Cyber. Gemini 3.6 Flash is Google’s “workhorse model” that promises improved capabilities in coding, knowledge work, and multimodal performance while reducing token usage by up to 17%, making it cheaper than its predecessor 3.5 Flash. Gemini 3.5 Flash-Lite is the most cost-effective
Google is launching some new AI models, but not the one many expected. The company on Tuesday announced three Gemini models that it said are faster and cheaper for running AI agents, as Google continues to double down on raw power efficiency. This isn’t entirely a choice: Google said the Gemini 3.5 Pro, the new
