GM Sinks $175 Million Into Cadillac Sedan Plant – Maybe You Don’t Want ’em, but Someone Else Does

That “someone else” might be a Chinese buyer. At least, that’s what former Cadillac president Johan de Nysschen implied in March, shortly before packing his bags and hitting the road. The premium sedan market stands to grow along with the rest of that country’s appetite for high-zoot models, he said, even though the overall take […]

Andrew Ng unveils the AI Fund, with $175 million to back new startups

AI superstar Andrew Ng has spent the past year launching a handful of new initiatives, and he’s back again in 2018 with the AI Fund, a startup incubator that will back small teams of experts looking to solve key problems using machine learning. The fund has $ 175 million in its war chest to fund […]

Nintendo Switch drives 175% sales growth in past six months

Nintendo is revving up sales of its Switch hybrid portable-home game console, as it reported a 175 percent increase in sales for the six months ended September 30, compared to the same period a year earlier. The Kyoto, Japan-based company reported net sales of 374.0 billion yen, or $ 3.29 billion, for the six-month period, […]