Author: Team Editorspeak

Perplexity AI has made an unsolicited all-cash bid of $34.5 billion offer for Alphabet’s Chrome browser, a proposition that far surpasses its own worth as the startup seeks to grab the browser's enormous user base, which is vital in the fiercely competitive AI search scene. Perplexity, headed by Aravind Srinivas, is adept at making audacious offers; in January, it had suggested a merger with TikTok US to allay U.S. worries about the app’s Chinese ownership. Particularly as regulatory investigation heats up, OpenAI, Yahoo, and private-equity firm Apollo Global Management have shown interest in Chrome, thereby challenging Google's dominance in the industry. Chrome has not been put up for sale by the tech behemoth, which intends to challenge a U.S. court ruling from last year that found...

Ford Motor Company has declared a sizable $5 billion investment meant to boost domestic electric vehicle (EV) production by means of a thorough restructuring of its manufacturing and battery supply chains. The project is driven by Ford’s Louisville Assembly Plant in Kentucky and the BlueOval Battery Park in Michigan. It looks forward to creating a mid-size, new, and affordable electric pickup truck with first deliveries scheduled to begin in 2027. Around $2 billion has been set aside in Kentucky to transform the 70-year-old Louisville facility into a state-of-the-art EV plant, thereby helping to preserve 2,200 hourly jobs. The remaining $3 billion will simultaneously be used to build a local battery manufacturing plant in Michigan to meet the lithium demands of the new truck. Ford’s ...

In an exclusive interview, former Intel CEO Craig Barrett has revealed an all-encompassing plan intended to save U.S. chip manufacturing and revive the general American semiconductor industry as well as Intel’s competitive edge. Confronted with rising worldwide issues and domestic chip industry reverses, Barrett is sounding the call and suggesting practical solutions. Craig Barrett, who steered Intel through a major growth phase in the early 2000s, is urging U.S. leaders to view semiconductor manufacture as a crucial national security and economic independence concern. He warns that the country is very exposed to its reliance on foreign manufacturing facilities, particularly those in East Asia. Barrett remarked, “We cannot restore advanced chip manufacturing with merely short-term po...