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Bosch wins orders worth ‘billions’ for vehicle computers

Bosch wins orders worth ‘billions’ for vehicle computers

Automotive technology giant Bosch says it is winning orders worth “billions” for vehicle computers. Cars today each integrate hundreds of computer chips of various kinds, but few have central computers on board (see image below). 
In modern cars, intelligence counts for a lot, and Bosch says its vehicle computers are there to provide it. These computers, the new all-rounders of automotive



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Microsoft Joins Forces With Bosch to Develop Vehicle Software Platform

Microsoft Joins Forces With Bosch to Develop Vehicle Software Platform

Bosch will work with Microsoft on a software platform for vehicles, it said on Thursday, as it strives to get a foot in the door to the fast-growing market for electromobility and automated driving technologies.
By using cloud technology, the software platform will ensure that vehicles’ control units and computers can get software throughout their life time, the German auto supplier said.
The


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Microsoft Invests $2 Billion Into Autonomous Vehicle Company Cruise

Microsoft Invests $2 Billion Into Autonomous Vehicle Company Cruise

Cruise has raised $2 billion in a new equity round that has pushed its valuation up to $30 billion and delivered Microsoft as an investor and partner. GM, Honda and other institutional investors have also put more capital into Cruise as the autonomous vehicle company inches closer to commercializing its technology. While Microsoft’s capital is important, the partnership might provide equal and



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Volkswagen Chooses Microsoft Azure to Accelerate Autonomous Driving

Volkswagen Chooses Microsoft Azure to Accelerate Autonomous Driving

Volkswagen has announced it is partnering with Microsoft to use Azure to accelerate the development of autonomous vehicles.
The majority of automakers are working on autonomous driving as the next major evolution of the auto industry. Various automakers are taking different approaches, with Volkswagen indicating it wants to develop its autonomous software in-house.
To aid in that goal,



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Volkswagen Taps Microsoft’s Cloud to Develop Self-Driving Software

Volkswagen Taps Microsoft’s Cloud to Develop Self-Driving Software

Volkswagen AG on Thursday said it will use Microsoft’s cloud computing services to help it streamline its software development efforts for self-driving cars.
Volkswagen, which owns brands such as Audi and Porsche, is working on both self-driving cars for the future and driver-assistance features such as adaptive cruise control in current vehicles. But the company’s brand had been developing those


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Microsoft’s Cloud Computing Tapped by Volkswagen to Develop Self-Driving Software

Microsoft’s Cloud Computing Tapped by Volkswagen to Develop Self-Driving Software

Volkswagen AG on Thursday said it will use Microsoft’s cloud computing services to help it streamline its software development efforts for self-driving cars.
Volkswagen, which owns brands such as Audi and Porsche, is working on both self-driving cars for the future and driver-assistance features such as adaptive cruise control in current vehicles. But the company’s brand had been developing those


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Hyundai now says it’s not in talks with Apple to develop autonomous electric car

Hyundai now says it’s not in talks with Apple to develop autonomous electric car

Hyundai Motor Co. said Sunday that, contrary to multiple reports, it is not in discussions with Apple Inc. to develop an autonomous electric car.
In a regulatory filing, the South Korean auto maker said it wanted to clarify “rumors” about a joint effort with Kia Motors Corp. to work with Apple
AAPL,
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and said it has received “requests for cooperation” from a number of companies seeking to


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A Major Pension Bought Tesla and Schwab Stock. Here’s What It Sold.

A Major Pension Bought Tesla and Schwab Stock. Here’s What It Sold.

A Major Pension Bought Tesla and Schwab Stock. Here’s What It Sold.

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The New York State Teachers Retirement System initiated a position in EV stock and added to its holding of brokerage shares.

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One of the largest public pensions in the US revealed substantial changes in its stock investment.
The New York State Teachers Retirement System introduced a



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How you could lose everything by short-selling stocks, whether it’s betting against GameStop or Tesla

How you could lose everything by short-selling stocks, whether it’s betting against GameStop or Tesla

The wild ride for GameStop Corp.’s stock illustrates the power of social media to force short-sellers — even professional investors — to give up on their positions and book heavy losses. But talk of individual investors “breaking” the mechanics of the stock market may be premature.
Among the S&P Composite 1500, GameStop is the most heavily shorted stock as a percentage of shares available for



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Cruise and GM partner with Microsoft to commercialize self-driving vehicles

Cruise and GM partner with Microsoft to commercialize self-driving vehicles

Cruise and General Motors have entered a long-term strategic relationship with Microsoft to accelerate the commercialization of self-driving vehicles.
The companies will bring together their software and hardware engineering excellence, cloud computing capabilities, manufacturing know-how and partner ecosystem to transform transportation to create a safer, cleaner, and more accessible world for



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