CATL, the Chinese lithium battery giant that counts Tesla and other electric vehicle makers as its customers, plans to raise as much as $9 billion in a private share placement to expand its battery production, it said in a statement. The company said it would be used to build new capacity and for research and development. CATL is one of the world’s largest makers of electric vehicle...
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Designer Jony Ive and OpenAI’s Sam Altman Discuss AI Hardware Project
Jony Ive, the renowned designer of the iPhone, and OpenAI CEO Sam Altman have been discussing building a new AI hardware device, according to two people familiar with the conversations. SoftBank CEO and investor Masayoshi Son has talked to both about the idea, according to one of these people, but it is unclear if he will remain involved.
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