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Rivian Automotive is considering making its own lidar sensors and could do so in partnership with a Chinese firm, CEO ‌RJ Scaringe said in an interview with Reuters on Tuesday. Rivian said that a version of its R2 vehicles coming later this year would include lidar sensors, which help self-driving vehicles gain a three-dimensional view of the road. Rivian did not disclose who would supply it with lidar sensors, which on demonstration vehicles were much smaller than the large, spinning units found on the streets of San Francisco and other cities in ‌robotaxis designed by Alphabet's Waymo.

Hertz stock is moving sharply after expanding its Uber partnership, and elevated short interest could add fuel if momentum holds.

Baidu Inc. (NASDAQ:BIDU) is one of the 10 Best AI Stocks to Watch in May. On April 28, the company announced the launch of GenFlow 4.0, an upgraded version of its general AI agent. Jointly released by Baidu Wenku and Baidu Drive, GenFlow 4.0 comes with a fully revamped Office Agent at its core, which allows […]

Snowflake Inc. (NYSE:SNOW) is one of the 10 Best AI Stocks to Watch in May. On April 28, Snowflake and enterprise software company Appian launched a technology partnership to enhance the latter’s data fabric tool. Under the partnership, Appian serves as the AI orchestration layer while Snowflake’s AI Data Cloud combines data aggregation, model training, […]

(Updates with the latest stock movement in the first paragraph and headline.) Momentus Inc (MNTS)

Oct. 13—One small step for man, one giant leap for Solstar Space Co. The Santa Fe-based company on Monday entered into a $15 million partnership with Momentus, a group based in California offering commercial satellite buses and in-space infrastructure services. "This is just a fantastic opportunity for us to test our first commercial product, that's the Deke Space Communicator, on board with ...