automotive

Autonomous Trucking Company TuSimple Begins Winding Down Operations in US
Autonomous Trucking Company TuSimple Begins Winding Down Operations in US
December 05, 2023  |  Shipping

Autonomous trucking company TuSimple is laying off most of its U.S. staff and winding down its operations in the country. The company is reducing its...

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Amazon Puts Alexa in the Driver’s Seat, Walmart Revs Up Package Delivery
Amazon Puts Alexa in the Driver’s Seat, Walmart Revs Up Package Delivery
November 24, 2023  |  Retail

Amazon and Walmart are revving up their engines with initiatives set to hit consumers by the year’s end or the start of 2024. The projects...

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This Week in AI: Sam Altman, for-Profits and Enterprise Accelerationism
This Week in AI: Sam Altman, for-Profits and Enterprise Accelerationism
November 22, 2023  |  Artificial Intelligence

The generative artificial intelligence landscape showed some of its biggest growing pains this week. And those growing pains gave industry observers a case of whiplash....

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Sheeva.AI and Visa Team to Tokenize In-Car Payments
Sheeva.AI and Visa Team to Tokenize In-Car Payments
November 21, 2023  |  Payment Methods

Sheeva.AI and Visa Acceptance Solutions have teamed to launch a tokenization platform for in-vehicle commerce. The collaboration, announced Tuesday (Nov. 21) will see Sheeva.AI — an in-vehicle payments...

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Amazon Will Now Sell Hyundai Vehicles on US Site
Amazon Will Now Sell Hyundai Vehicles on US Site
November 16, 2023  |  Amazon

Starting in 2024, customers will be able to find and purchase Hyundai vehicles directly from Amazon’s U.S. store.  That is one of several initiatives that will be part...

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Bank of America Debuts Digital Car Buying/Financing Tools
Bank of America Debuts Digital Car Buying/Financing Tools
November 15, 2023  |  eCommerce

Bank of America has debuted tools to help customers complete and finance online car purchases. Clients can now become prequalified for auto financing to find out...

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Earnings Season Shows No Straight Path for Online Car Platform Profitability
Earnings Season Shows No Straight Path for Online Car Platform Profitability
November 14, 2023  |  Earnings

For the online car platforms that have promised to bring kicking the tires firmly into the digital age, profitability has been volatile, sometimes elusive.  Inventory’s...

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DigniFi and Dealer Pay Team to Help Finance Car Repairs
DigniFi and Dealer Pay Team to Help Finance Car Repairs
November 13, 2023  |  Partnerships

Automotive repair financing FinTech DigniFi has teamed with car dealer point-of-sale provider Dealer Pay. The collaboration, announced Monday (Nov. 13), combines Dignifi’s financing and payment options with Dealer Pay’s payment...

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Digital Automotive Platforms Add Features and Cut Costs Amid Challenges 
Digital Automotive Platforms Add Features and Cut Costs Amid Challenges 
November 09, 2023  |  Earnings

Digital automotive platforms are adding features and cutting costs as they continue to cope with a challenging economic environment.  CarGurus executives said Tuesday (Nov. 7) during...

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