Battery Maker Northvolt In Talks For Over $5 Billion In Financing -FT

by ABA| Accreditation | Mar 27, 2023 | projects

Swedish lithium-ion battery producer Northvolt is in talks to secure more than $5 billion of financing to pursue its goal of becoming Europe’s biggest battery manufacturer, the Financial Times reported on Sunday.The company is negotiating with a number of banks to...

Oxbotica, Goggo Team Up For Autonomous Middle-Mile Delivery

by ABA| Accreditation | Mar 26, 2023 | projects

British self-driving software startup Oxbotica and autonomous delivery company Goggo Network said on Wednesday they are teaming up to test middle-mile deliveries for retailers and other customers including Carrefour and Dia.The partnership will initially see...

France Looks To AI-Powered Surveillance To Secure Olympics

by ABA| Accreditation | Mar 24, 2023 | projects

France’s National Assembly on Thursday approved the use of Artificial Intelligence (AI) video surveillance during the 2024 Paris Olympics, overlooking warnings from civil rights groups that the technology posed a threat to civil liberties.The government says...

Companies Would Have To Offer Repairs For Worn-out products For Up To 10 Years Under Proposed EU Rules

by ABA| Accreditation | Mar 23, 2023 | projects

The European Union wants to give consumers the right to have worn-out products like washing machines and televisions repaired by producers even after the sales guarantee has expired, to cut waste and make goods last longer.The European Commission proposed rules on...

As AI Booms, EU Lawmakers Wrangle Over New Rules

by ABA| Accreditation | Mar 22, 2023 | projects

Rapid technological advances such as the ChatGPT generative artificial intelligence (AI) app are complicating efforts by European Union lawmakers to agree on landmark AI laws, sources with direct knowledge of the matter have told Reuters.The European Commission...