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The market for AI-powered robots and autonomous machines could balloon into a trillion-dollar opportunity by 2035, according to a team of Barclays analysts. 

Geotab unveiled its next generation of connected fleet technology and outlined its vision for how artificial intelligence will transform vehicle telematics at its Connect 2026 conference.

The embrace of technology was clear at Manifest 2026, where speakers and exhibitors presented ways the transportation sector can become smarter and faster by implementing AI and robotics.

The gauge — which contains industry stalwarts such as CSX, FedEx and Old Dominion Freight Line  — has been catapulted higher by strong data and a pivot away from the big tech winners of the last few years. 

BYD’s Hong Kong-listed shares are down this week after disappointing sales data, extending a selloff that has shaved off more than $60 billion in market value since May.

GenLogs, a startup using roadside sensors and artificial intelligence to combat cargo theft and fraud in the trucking industry, secured $60 million in Series B funding, the company said.

Daimler Truck North America follows Volvo Truck North America and Mack Trucks in partnering with Class8 to offer carriers technology typically provided by third parties.

Recent investments in artificial intelligence have helped supercharge the stock’s advance. Walmart has been pushing to incorporate AI across its operations.

The ChatGPT maker has held discussions with Amazon, Nvidia and SoftBank Group for a new funding round, according to a person familiar with the matter. Details still could change.

The company’s power and energy segment — now Caterpillar’s biggest and fastest-growing segment — posted a 25% profit jump compared to the year-earlier period.