Porsche pours more cash into EV supercar company Rimac
It gained 'eight figures' from Porsche and $500 million in total investments.
Investment
Samsung is investing $356 billion in chips, biotech and AI
It expects to hire 80,000 more employees by 2026.
VW will invest $7.1 billion in its North American production capacity
The company plans to spend on product diversification, R&D and EV manufacturing efforts.We have two newsletters, why not sign up for both?
Google to invest up to $1 billion in India's second biggest carrier
The Airtel partnership focuses on 'affordable access to smartphones.'
US puts drone maker DJI and seven other Chinese companies on investment blocklist
US citizens will be barred from making any investments in the companies.
Nissan to invest $17.6 billion in EV development over the next five years
With 'Ambition 2030,' it aims to develop 23 new electrified cars by 2030.
Rivian reportedly plans to invest $5 billion in its second US assembly plant
Construction on the "Project Tera" facility could start in fall 2021.
Panasonic turned its $30 million Tesla investment into a $3.6 billion windfall
At the same time, it's ready to make a "large investment" in Tesla's latest cells.
GM increases its self-driving and EV investment to $35 billion
It will use the additional investment to build more battery factories.
Apple will build another US campus in North Carolina
The new site is part of a five-year $430 billion commitment to the US economy.
Google will pay publishers to curate a reliable news feed
It's investing $1 billion in a 'Google News Showcase.'
Google’s Nest devices will be the ‘cornerstone’ of ADT smart home security
A $450 million investment gives Google a share of ADT.
Google buys $4.5 billion stake in India's biggest mobile network
It's the fourth big tech investment in Jio in recent months.
Apple will spend $400 million on affordable housing this year
It’s part of the company’s $2.5 billion pledge to combat California’s housing crisis.
Bipartisan Senate bill aims to invest $100 billion in technology R&D
Its creators say the pandemic ‘magnified weakness’ from underinvestment.
Lime now owns Uber's Jump bike and scooter service
The transportation options will remain in the Uber app
Waymo's first outside investment round includes car industry heavyweights
It's not relying solely on Alphabet for help this time around.
BBC Studios is the next to pour money into Pocket Casts
NPR and public radio groups bought the podcasting platform in 2018.
SiriusXM invests $75 million to play a bigger role in SoundCloud
SoundCloud says it will use the money to build new products.
Toyota invests $394 million in flying taxi startup Joby Aviation
Joby is developing a piloted, five-seat eVTOL.
