Wayve just raised over $1 billion from Nvidia, SoftBank, Microsoft, Eclipse Ventures

Wayve just raised over  billion from Nvidia, SoftBank, Microsoft, Eclipse Ventures

Alex Kendall, 29, is the co-founder and CEO of autonomous driving startup Wayve. Source: Wayve British startup Wayve on Tuesday said it had raised $1.05 billion in an investment round led by Japan’s SoftBank to accelerate the growth of its self-driving car technology. The Series C funding round included new investor U.S. chipmaker Nvidia and … Read more

auto exports: India new land of rising sun for auto exports

auto exports: India new land of rising sun for auto exports

New Delhi: Global auto companies are increasingly leveraging India as an export hub with Honda even shipping cars to its home market Japan and Suzuki set to follow suit later this year, driven by a growing base of quality suppliers in the local market that’s helping them manufacture vehicles at a competitive cost in the … Read more

Biden calls Japan, India ‘xenophobic’ while praising value of immigration – National

Biden calls Japan, India ‘xenophobic’ while praising value of immigration – National

U.S. President Joe Biden has called Japan and India “xenophobic” countries that do not welcome immigrants, lumping the two with adversaries China and Russia as he tried to explain their economic circumstances and contrasted the four with the U.S. on immigration. The remarks, at a campaign fundraising event Wednesday evening, came just three weeks after … Read more

Ahead of elections, Biden calls India, China, Russia and Japan ‘xenophobic’

Ahead of elections, Biden calls India, China, Russia and Japan ‘xenophobic’

Washington: US President Joe Biden has called two of his QUAD partners – India and Japan – and two of his adversaries – Russia and China – “xenophobic” nations, asserting that none of these countries, unlike the United States, welcome immigrants. “This election is about freedom, America and democracy. That’s why I badly need you. … Read more

Japanese yen hits fresh 34-year low despite verbal intervention from authorities

Japanese yen hits fresh 34-year low despite verbal intervention from authorities

The Japan flag is juxtaposed against a Japanese yen bank note. Javier Ghersi | Moment | Getty Images The yen slipped past 155 against the U.S. dollar on Thursday, touching a new 34-year low against continued strength in the greenback. The weakness comes as the Bank of Japan is due to release its monetary policy … Read more

Bird flu resurgence drives up egg prices, spurring some to stock up

Bird flu resurgence drives up egg prices, spurring some to stock up

Unstamped brown eggs. Picture Alliance | Picture Alliance | Getty Images Bird flu fears are driving up egg prices again. After having subsided for most of 2023, a recent resurgence of avian influenza in poultry facilities across the U.S., Japan and other nations have caused prices of eggs to jump again. The virus, commonly referred … Read more

SoftBank to invest millions in AI push, tapping Nvidia’s chips: Nikkei

SoftBank to invest millions in AI push, tapping Nvidia’s chips: Nikkei

Signage at a SoftBank Corp. store in the Ginza district of Tokyo, Japan, on Wednesday, Nov. 1, 2023. Kiyoshi Ota | Bloomberg | Getty Images Japanese tech conglomerate SoftBank is looking to develop a “world-class” Japanese-language-specific generative artificial intelligence model, and plans to invest $960 million in the next two years to bolster its computing facilities, according to a Nikkei report.  … Read more

2 Japanese navy helicopters with 8 crew believed crashed in Pacific: officials – National

2 Japanese navy helicopters with 8 crew believed crashed in Pacific: officials – National

By Mari Yamaguchi The Associated Press Posted April 20, 2024 2:58 pm Updated April 20, 2024 3:00 pm 1 min read Descrease article font size Increase article font size Two Japanese Maritime Self Defense Force helicopters carrying eight crewmembers were believed to have crashed in the Pacific Ocean south of Tokyo during night-time training, Japan’s … Read more

Skytrax names best airports of 2024. Singapore’s Changi no longer No. 1

Skytrax names best airports of 2024. Singapore’s Changi no longer No. 1

Singapore’s Changi Airport has lost its pole position as the world’s best airport to Doha’s Hamad International Airport, according to air transport rating firm Skytrax.  This is the third time Hamad International Airport clinched the top spot, after winning the title in 2021 and 2022. Travelers of more than 100 nationalities participated in the Skytrax … Read more