MOTOR Ai* announced today a $20 million “seed funding round to bring ‘cognitive intelligence’ autonomous driving technology into full deployment, starting with German public roads.” The new capital will support hiring, commercial rollouts, and expansion of its technology. AutoInformed notes that the recent Nazi propaganda spouted by Grok, the X social media chatbot, is just the latest example of the problems with large language models, aka L.L.M.s. Gathering large amounts of data doesn’t mean that systems using LLMs can think and reason safely without unintended dire consequences, such as X’s CEO Linda Yaccarino being fired by Elon Musk or Tesla’s Autopilot or leaving the company for her own reasons? [Ironically there isn’t enough verifiable data on this -AutoCrat]
“This type of AI enables the highest safety standard in autonomous driving – as is already legally standardized in Europe” said MOTOR Ai CEO and co-founder Roy Uhlmann. “As other providers pursue autonomy through brute-force data collection, end-to-end solutions and black-box prediction models,” MOTOR Ai said “it has taken a different approach: one that is deeply explainable and certifiable on the world’s highest safety levels. Its full-stack system already meets the most stringent European and international safety and compliance requirements, including UNECE approval standards, ISO 26262 (ASIL-D), Regulation (EU) 2022/1426, Autonomous Vehicles Approval and Operation Ordinance (AFGBV), GDPR, the EU AI Act, and upcoming Cyber Resilience Act provisions.” Continue reading










Chinese Trade Wars – Volvo Q2 2025 Impairment Charge
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Chinese owned Volvo Cars (VOLCAR B:STO)* today announced a SEK 11.4 billion (~$1.2B) non-cash impairment charge in Q2 of 2025. Volvo is adjusting the financial assumptions for the EX90 and ES90 platform, because of previous launch delays and import tariffs in several markets. Among other woes, Volvo can’t sell the ES90 profitable in the U.S. Volvo Cars will publish its second quarter 2025 financial results on Thursday, 17 July 2025 at 07:00 CEST.**
“Given market developments such as import tariffs in the US, development and launch delays for the EX90 and strategic investment prioritizations, we have reassessed volume assumptions for these two cars. This has resulted in a lower than planned lifecycle profitability,” said Fredrik Hansson, CFO at Volvo Cars. Continue reading →