Toyota keeps betting on hybrid vehicles in the US

Toyota said Tuesday it will invest $912 million in five US factories to increase production of hybrid vehicles to meet rising demand. The investment in hybrid vehicles – in which Toyota is a market leader – is part of the Japanese automaker’s recent announcement to spend up to $10 billion over the next five years…

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Anthropic valued in range of $350 billion following investment deal with Microsoft, Nvidia

Microsoft on Tuesday announced new strategic partnerships with Nvidia and the artificial intelligence startup Anthropic, the latest sign that the company is working to reduce its dependence on OpenAI. As part of the agreement, Microsoft will invest $5 billion into Anthropic, while Nvidia will invest $10 billion into the startup. The investments have pushed Anthropic’s…

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