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Amazon has said it plans to use generative artificial intelligence to replace corporate workers. It has also been reducing a workforce that swelled during the pandemic.

For many carriers, the cost to operate now outpaces the revenue coming in. The market isn’t going to hand back the margin it took. We have to build it ourselves, writes PCS Software CEO Mark A. Hill.

The company expects to book roughly $3 billion of data center-related orders between 2025 and 2027 and is also on track to double its natural gas turbine capacity by the first half of 2027.

The Atlas robot is built by Hyundai’s Boston Dynamics unit and is set to work in the carmaker’s plants in 2028.  Partnerships with Nvidia and Google DeepMind in robotics have further fueled interest. 

The San Jose, Calif.-based company could seek $300 million to $400 million, a source told Bloomberg. A listing in the U.S. could take place as soon as the end of this year or early 2027.

Penske Logistics is set to introduce an artificial intelligence platform that will aid key supply chain segments in tracking shipments.

Transportation teams using GoodShip can now query their freight networks in real time with the launch of Laney, a new AI analyst designed to replace manual analysis and static dashboards.

Because of its business selling power-generation equipment, Caterpillar has been a runaway winner in a market where investors are hungry for secondary AI plays.

Many exhibitors and speakers at CES highlighted the shift toward software-defined vehicles that can be upgraded over time through remote updates without requiring hardware changes.

Self-driving car systems company Mobileye Global is acquiring Israeli startup Mentee Robotics in a cash-and-stock deal valued at $900 million, as it looks to develop humanoid robots.