June 13, 2025 • By VERSES AI Inc.

VERSES AI Inc. and Analog have successfully completed a smart cities mobility pilot, demonstrating a 32% increase in completed rides using VERSES' Agentic Intelligence engine, Genius. The pilot analyzed historical ride-sharing and traffic data from two major international cities, improving fleet operational efficiency. As a result, Analog has converted to a Genius Enterprise license, and the companies plan to expand their collaboration on smart city projects, applying Genius to higher-value urban challenges such as energy management, logistics, and autonomous inspection robots. The partnership aims to create intelligent, intuitive, and human-centric cities, with Genius being hosted natively inside Analog's secure edge infrastructure for near-real-time decision-making.

June 13, 2025 • By futurism.com

Tesla's robotaxi launch has been delayed. CEO Elon Musk tweeted that the first public rides, initially set for today, will be postponed. The robotaxi service will use regular Teslas with updated software, rather than purpose-built Cybercabs. Musk stated that the launch will start "tentatively" at a later date, which has not been specified.

June 13, 2025 • By Research and Markets

The "First and Last Mile Delivery Market 2025-2034" report has been added to ResearchAndMarkets.com. The market is projected to reach $186.6 billion by 2025, growing at a CAGR of 10.2% to $446.4 billion by 2034. The report assesses factors influencing the market's supply and demand dynamics, including geopolitical, demographic, and Porter's five forces analyses. The market is driven by the growth of e-commerce, urbanization, and the surge in on-demand services. Technological innovations like AI, data analytics, and autonomous vehicles are revolutionizing delivery processes, enhancing cost-efficiency and sustainability. The adoption of electric vehicles and route optimization technology is reducing delivery times and conserving fuel. The report predicts that the market will continue to grow, driven by technological evolution and rising consumer expectations. Advanced AI and machine learning will refine delivery management, while blockchain technology will enhance supply chain transparency and security. Sustainability will remain a focal point, with a growing emphasis on electric vehicles and carbon-neutral solutions. Collaborations between logistics companies and e-commerce platforms will boost innovation and refine service offerings.

June 13, 2025 • By Ministry of Defence

The UK Army has successfully trialed a system where a single operator controls three uncrewed air and land vehicles, enhancing surveillance operations and protecting soldiers. The trial, conducted by the Defence Science and Technology Laboratory, integrated robotic and autonomous systems into crewed command vehicles, a UK first. This innovation will strengthen the Army's reconnaissance capabilities while reducing risk to personnel. The government is investing an extra £2 billion in autonomous technology, which will improve accuracy and lethality for the Armed Forces and drive jobs and growth across the country. The trial demonstrated the potential for enhanced interoperability between allies, with the ability to deploy autonomous systems between vehicles at reduced risk and cost.

June 13, 2025 • By Research and Markets

The "Reusable Launch Vehicle Market 2025-2034" report estimates the market to reach $3 billion by 2025, growing at a CAGR of 12.5% to $8.7 billion by 2034. Reusable launch vehicles (RLVs) offer cost and time reductions for space access, supporting multiple missions and enhancing economic viability. Companies like SpaceX and Blue Origin are advancing RLV technologies, with growing global participation and investments in automation and smart systems. The market is poised for innovation in hybrid launch systems, payload flexibility, and optimization, with governments likely to foster public-private partnerships for domestic RLV advancements. Key challenges include maintaining safety standards and achieving consistent re-entry reliability.

June 13, 2025 • By Lydia Moynihan

A shift has occurred in high-end areas like the Hamptons and Palo Alto, where Teslas are no longer favored due to their association with Elon Musk. Instead, wealthy buyers are opting for Rivians and Lucids, which are seen as more environmentally conscious and have no connection to Musk. Despite their high prices, Rivian's electric trucks are gaining popularity, with over 100,000 people on the waitlist for their new R2 model. However, these cars are prone to breaking down frequently, making them a luxury only a handful of wealthy buyers can afford. Analysts suggest that Elon Musk is not concerned about losing high-end buyers, as Tesla is now focused on more affordable price points and autonomous cars.

June 13, 2025 • By Research and Markets

The automotive radar market is expected to grow significantly, with an estimated value of $10.3 billion in 2025 and a projected compound annual growth rate (CAGR) of 17.3%, reaching $43.1 billion by 2034. Automotive radar technology is crucial for advanced driver assistance systems (ADAS) and autonomous driving, facilitating safety features such as adaptive cruise control and emergency braking. Recent developments in radar technology have introduced refined sensors with superior detection ranges and object classification capabilities. Despite challenges like signal interference and integration complexity, the growing adoption of ADAS features and autonomous driving tech demand is driving innovation and expansion in the automotive radar market.

June 13, 2025 • By Trefis Team, Contributor, Trefis Team, Contributor https://www.forbes.com/sites/greatspeculations/people/trefis/

The article discusses the current state of autonomous driving technology, particularly focusing on Tesla's Full Self-Driving (FSD) software and its competitor, Alphabet's Waymo. Despite Tesla's established presence in the field, its FSD software has not significantly contributed to the company's revenue. The software is offered as a one-time purchase of $8,000 or a subscription priced at $99 per month, with estimates suggesting that around 5% of customers chose the subscription option by early 2024. In contrast, Waymo has been making significant strides in the real world, conducting over 250,000 fully autonomous, paid rides each week across several cities. Waymo's vehicles operate without human oversight, and riders seem to prefer them over other ride-hailing services. The company's safety report also indicated a 78% reduction in injury-causing crashes compared to human drivers. While Tesla's FSD software has the potential to be simpler and cheaper to scale, relying on a camera-only system powered by neural networks, Waymo's comprehensive hardware stack and custom sensors provide a more robust solution. However, Tesla's large existing user base, with over 5 million vehicles on the road, could potentially be activated to run FSD software, altering the economics of the business. The article concludes that while Tesla has been talking about its autonomous driving capabilities, Waymo has been quietly making progress and delivering tangible results. The competition between the two companies will be interesting to watch, with Tesla's software-centric approach pitted against Waymo's more comprehensive hardware and software solution.

June 13, 2025 • By Spotlight Wire

India's motor insurance sector is undergoing significant transformation due to IRDAI reforms, technological advancements, and evolving consumer preferences. The changes include standardized policies, flexible 'pay-as-you-go' options, and long-term coverage mandates. Telematics, data analytics, and specialized policies for electric and autonomous vehicles are also shaping the industry. Traditional motor insurance has limitations, such as not considering individual risk capacity, which can cause accidents. Regulatory reforms, technological innovation, and changes in consumer preference are driving the transformation. The reforms aim to make insurance more inclusive, transparent, and tech-friendly. Digital insurance companies are adapting to these shifts, and consumers can benefit from more personalized policies.

June 13, 2025 • By mint

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June 13, 2025 • By Research and Markets

The Europe edge data center market is expected to grow from $5.19 billion in 2024 to $28.68 billion by 2034, with a CAGR of 18.06%. This growth is driven by the increasing need for real-time computing, low-latency data processing, and the deployment of 5G networks and IoT applications. The market is also influenced by national and EU policies supporting energy-efficient and sustainable digital infrastructure. Key players in the market are investing in prefabricated and modular edge data center designs, AI-powered automation, and predictive maintenance. The report provides an analysis of the market trends, drivers, and challenges, as well as a competitive benchmarking of key companies.

June 13, 2025 • By Research and Markets

A new report, "2025 North American Class 6-8 Truck Manufacturers Strategy Playbook," has been added to ResearchAndMarkets.com. The report provides a comprehensive analysis of leading truck manufacturers in North America, including Daimler Trucks NA, Volvo Trucks NA, PACCAR, and International. It assesses their strategic focus, key initiatives, and future plans amid geopolitical uncertainties, macroeconomic challenges, and the industry's transition towards sustainability and electrification. The North American Class 6-8 truck market is in normalization mode after a period of extraordinary growth, driven by post-pandemic demand and easing supply chain disruptions. The market contracted marginally in 2024, with demand driven by replacements and fleet utilization remaining at normal levels. The forecast for 2025 indicates flat demand, with a strong focus on zero-emission vehicles and autonomous trucks. The report covers key topics, including business snapshots, financial performance analysis, strategic priorities, and SWOT analysis of the top industry OEMs. It also identifies key driving and restraining forces for the industry and provides a comprehensive outlook and demand forecast for the North American Class 6-8 truck market through 2028.

June 13, 2025 • By Micah Toll

Infinite Machine has unveiled the Olto, a bike lane-ready moped designed for US cities. The Olto combines sleek design with high-tech features, including a 48V 25Ah battery pack, functional pedals, and a top speed of 20 mph (32 km/h) in compliance with Class 2 e-bike regulations. It also features advanced anti-theft measures, such as GPS and LTE tracking, and a dedicated AirTag slot. The Olto has a range of 40 miles (64 km) and can be charged to 50% in one hour or fully charged in three hours. The vehicle is designed to be easy to use and maintain, with a removable battery and a magnetic leveling feature for the pedals. It also includes a secure compartment for charging phones and a high-visibility LED lighting system. The Olto is priced at $3,495 and is available for pre-order with a $100 reservation. While the Olto is designed to comply with e-bike regulations, it can be unlocked to reach a top speed of 33 mph (53 km/h) in "off-road mode." This has raised concerns about the vehicle's potential impact on bike lane safety. However, the company emphasizes that the Olto is designed to be a mobility tool that gets people out of cars and onto more efficient, city-friendly vehicles. Overall, the Olto is a unique and innovative vehicle that combines the best features of e-bikes and mopeds. Its advanced technology and design make it an attractive option for urban commuters, but its potential impact on bike lane safety will need to be carefully considered.

June 13, 2025 • By Reuters

The provided text appears to be a collection of news headlines and promotions for an online news service, rather than a single news article. However, I can summarize some of the headlines for you: * A fan of Warren Buffett is investing in Edelweiss, led by Rashesh Shah. * A startup is in a battle with Procter & Gamble over neem. * China is using rare earths as a weapon in an economic war. * Zomato may be under siege from quick commerce companies. * There are 9 stocks in the financial services sector with potential upsides of up to 37%. These headlines suggest that the news service is covering a range of topics, including business, economics, and technology.

June 13, 2025

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June 13, 2025 • By Taryn Plumb

Meta has introduced V-JEPA 2, an open-source video model that can predict next actions and respond to new environments. This model is a significant step forward in AI vision systems, allowing robots to navigate and interact with unpredictable environments. V-JEPA 2 was trained on over 1 million hours of video and 1 million images, enabling it to learn about the world and anticipate future actions. The model has achieved state-of-the-art performance in visual understanding and prediction, and can be used for tasks such as reaching, picking up objects, and placing them in new locations. Experts believe that V-JEPA 2 has far-reaching implications for AI systems, enabling them to understand, adapt, and evolve with operational workflows. However, it remains to be seen how well the model will perform in real-world edge use cases.

June 13, 2025 • By Rhodilee Jean Dolor

Wells Fargo expects a significant drop in Tesla's stock price, citing a weakening core auto business. The bank has given Tesla an underweight rating and a $120 price target, implying a 61% drop from Monday's closing price of $308.58. Despite upcoming events like the robotaxi launch, Wells Fargo believes weak automotive numbers will outweigh potential positives, including autonomous driving advancements. Tesla's global deliveries are down 23% year-over-year, and the stock has already fallen over 22% in 2025, with a nearly 10% slump in June alone.

June 12, 2025 • By Angelica Ballesteros

Here is a concise summary of the news article: Tesla's (TSLA) share price jumped 5.67% to $326.09 on Tuesday, marking its third straight day of growth, ahead of the expected launch of its robotaxis this month. A video of a Tesla Model Y operating driverless in Austin, Texas, sparked optimism about the rollout. The state of Texas listed Tesla as an autonomous vehicle operator on its website, alongside Waymo and Zoox. Elon Musk confirmed the company has been preparing for the launch since last month. Tesla ranked 9th on the list of top-performing companies on Tuesday.