Hydrogen plane startup ZeroAvia receives backing from Amazon.com Inc and Royal Dutch Shell

On Wednesday, hydrogen plane startup ZeroAvia stated it had secured $21.4 million in a funding round led by Bill Gates’ Breakthrough Energy Ventures to develop zero-emission commercial aircraft. The startup’s prototype hydrogen powered propeller plane has already completed 10 test flights. Its backers includes Amazon and energy giant Royal Dutch Shell. Hydrogen, which produces water…

Amazon.com expands footprint in Latin America, announces $100M logistics investment in Mexico

In a bid to offer faster deliveries, on Thursday, Amazon.com Inc stated, it has invested $100 million in opening new warehouses in Mexico, including its first shipping centers outside Mexico City. The new sites includes two fulfillment centers, with one located near the northern city of Monterrey and the other near the central city of Guadalajara,…

Google release location data for 131 countries to assess effectiveness of lockdowns

In a statement, Alphabet Inc said, Google has published reports for 131 countries which show whether stay-at-home measures, to stem the footprint of the Wuhan Coronavirus, adopted by government are working. Google analyzed location data of billions of phone users to create a dataset which health authorities can use to assess if people are abiding…

Hyundai unveils its first SUV in overseas premium push

On Wednesday, Hyundai Motor Co unveiled its first sport-utility vehicle (SUV) under its Genesis brand in a move aimed at increasing its footprint in overseas markets, said analysts. Genesis, spun off in 2015, is an initiative of Hyundai Motor Group heir-apparent Euisun Chung, is aimed at revamping Hyundai’s image as an automaker which makes cost…

Huawei increases domestic marketshare at the cost of its domestic rivals

Oppo, Vivo, Xiaomi and Apple, together, controlled 50% of the Chinese market. On Wednesday, according to market data released today, China’s Huawei Technologies has increased its footprint in its domestic smartphone market, with shipments rising by 66% in the third quarter. Although the Chinese smartphone market contracted by 3% in the third quarter in comparison…

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Nvidia courts Amazon.com and VMWare with new AI-focused software

Nvidia’s vComputeServer software will help shuffle data back and forth between data centers and the cloud. In an effort which sees chipmaker Nvidia Corp increasing its footprint in the cloud computing space, it stated has begun collaborating with Amazon.com Inc’s cloud division as well as with VMWare Inc to host artificial intelligence programs in Amazon’s…