Stories tagged #development

Porsche braces for lower sales era, seeks lifeline from luxury

By Rachel More and Ilona Wissenbach BERLIN/FRANKFURT, Oct 7 (Reuters) Porsche is steeling itself for persistently lower sales, the Volkswagen brand said on Wednesday, pitching a turnaround plan to investors that aims to boost margins with ​a focus on top-end models. The sports car maker, which,...

Intel to keep working on Musk’s Terafab chipmaking venture, Bloomberg News reports

Oct 7 (Reuters) Intel Corp will continue to work with Elon Musk on his ​Terafab project, Bloomberg News reported ‌on Wednesday. Here s what to know: • Intel will remain involved in the project, CEO Lip-Bu Tan told Bloomberg ‌ahead ​of an event ⁠in Tokyo marking ⁠the US chipmaker s 50th year of...

Blackstone-backed AirTrunk to invest $1 billion in Japan data centre campus

TOKYO, Oct 7 (Reuters) Blackstone-backed AirTrunk said on Wednesday it was ​investing an additional $1 ‌billion in its 300-plus-megawatt hyperscale data centre campus in the eastern Japanese ‌city ​of Inzai to ⁠enable AI workloads. • ⁠Investment is for liquid-cooling technology deployment to enable...

Boston Dynamics appoints ex-Amazon executive Rohit Prasad as CEO

SEOUL, Oct 7 (Reuters) Boston Dynamics, a humanoid robot maker owned ​by Hyundai ‌Motor Group, said it had appointed Rohit Prasad as chief executive officer, effective ‌October ​7. • Prasad ⁠previously served ⁠as senior vice president and head scientist for Alexa and Artificial ​General...

Highway Patrol sees surge in Fargo crash investigations

Malaysia 2027 budget to tackle living costs, fiscal risks as election looms