Tesla’s audacious venture into the realm of robotaxis is underpinned by a bold gamble on artificial intelligence. At the heart of this ambitious endeavor lies a technology known as the “black box” AI, a mysterious and enigmatic system that could revolutionize autonomous driving or lead to catastrophic failures. The black box AI is, in essence, a complex neural network capable of learning and adapting to diverse driving scenarios. It processes vast amounts of data from sensors, cameras, and other inputs, making real-time steering, acceleration, and braking decisions. The system’s ability to learn from experience is a crucial advantage, allowing it

The world’s two largest commercial jet makers struck deals to sell billions of dollars worth of planes at this week’s airshow in Singapore, but supply chain disruptions mean they may struggle to deliver on time. Meeting delivery targets is crucial for cash flow at Airbus Group and Boeing Co. because most payments are due upon completion. The two manufacturers have already been behind in their current orders as they struggle to ramp up production of Boeing’s 737 Max and work down inventories of the 787 Dreamliner. But as delays pile up, lessors are urging the manufacturers to invoke a clause

Sweden’s Ericsson said on Wednesday that it partnered with Deutsche Telekom to offer software tools for developers and business customers, allowing telecom operators to get more revenue from 5G. The new software will help developers create utterly new use cases based on a mobile network, known as network application programming interface, or API. The partners described their work as “a critical step in making it possible for developers to build applications that really drive value on a mobile network.” That’s a crucial piece of the puzzle, given consumers and businesses’ relatively slow adoption of 5G. The partners have also been

China’s central bank has asked some of the country’s biggest lenders to refrain from immediately squaring their foreign exchange positions in the market and to run open positions for a while to alleviate downside pressure on the yuan. According to two sources with knowledge of the matter, this informal “window guidance” has been issued by the People’s Bank of China to banks that have conducted U.S. dollar sales to clients. Most banks are typically permitted to run a net long or short position in spot dollar-yuan markets within defined limits. The directive is the latest effort by China to smooth

Dutch brewer Heineken on Friday announced it was pulling out of Russia after selling its operations there to the Arnest Group, the largest Russian manufacturer of cosmetics, household goods, and metal packaging. Heineken said it would incur a total loss of about 300 million euros ($323.6 million) in the sale, including all the breweries in the country and 1,800 local staff. The company has guaranteed employment for those employees through three years. Heineken will also issue a three-year license to “smaller regional brands to ensure business continuity and to secure transaction approval.” However, it will not provide brand support or

You may be surprised if you plan to purchase a Ford Mustang GT. The automaker has just pulled the wraps off a limited-edition version of its pony car, poised to turn heads with a staggering 800 horsepower and a $300,000 sticker. The 2025 Mustang GTD is an actual homologation special, with immense power and tech borrowed from the company’s race cars. Ford is aiming for a Nurburgring Nordschleife lap time of less than seven minutes. Its specs include a 5.2-liter supercharged V8 engine producing at least 800 horsepower and a carbon-fiber body replete with active aerodynamics. For example, a massive