Nissan is rolling out AI-powered autonomous mobile robots (AMRs) at its Smyrna, Tennessee factory to transport heavy loads up to 4,190 pounds. These robots can recharge themselves, communicate to avoid traffic jams, and call for backup if needed, replacing some forklift jobs and reducing labor costs. The initiative aims to improve factory efficiency and support Nissan's broader turnaround by cutting costs and potentially expanding vehicle production in the U.S. The company is also retraining affected workers for new roles within the plant.
Baba, an applied AI company focused on modernizing Medicare and Medicaid care, has raised $40 million in a Series A funding round led by FirstMark Capital, with participation from CVS Health Ventures and others. The funding will help Baba expand its ...
Richard Campbell-Breeden, a seasoned investment banker with 37 years of experience including 27 years at Goldman Sachs, has joined SEDA Experts LLC as Managing Director. His expertise in mergers and acquisitions, corporate finance, and governance wil...
Macerich is expanding its restaurant leasing across its Class A shopping centers, introducing first-to-market dining concepts like Eataly, Seafood City, and Din Tai Fung in key U.S. markets such as Washington D.C., Arizona, and Northern Virginia. Thi...
Netflix is set to report its Q3 earnings with analysts expecting $0.82 EPS and $12.9 billion in revenue. The company faces challenges including a decline in U.S. TV viewing share from 8.8% to 7.8%, increased competition from platforms like YouTube, a...
Analysts Bernstein and TD Cowen have raised their price targets for ServiceNow, citing increased adoption of the company's AI-native products and strong growth prospects. Bernstein raised its target to $266, highlighting that about 50% of customers a...
