Tesla’s AI investment forces negative cash flow
Tesla is preparing investors for a tougher cash environment as the electric vehicle giant accelerates spending on artificial intelligence, autonomous driving, manufacturing capacity and...
DTI seeks P5 billion boost for MSMEs
The Department of Trade and Industry (DTI) is seeking an additional P5 billion for the Small Business Corp. (SB Corp.) next year as surging demand for financing pushes the government lender to expand its support for micro, small and medium enterprises (MSMEs).
Alphabet’s AI engine drives record quarter
Alphabet Inc., the parent company search engine Google, is turning artificial intelligence into a powerful growth machine, posting a blockbuster second quarter as surging cloud demand, stronger search activity, and rapid AI adoption lifted revenues and profits to new heights.
Airbus advances hybrid-electric aviation tech with LEIA project
Airbus has launched the LEIA project, short for Large Scale Integration Demonstrator of Hybrid Electrical Architecture, to develop a complete hybrid-electric energy system for future commercial aircraft.
Clark Water rolls out El Niño plan boosting water security in Clark Freeport
Clark Water has put in place a comprehensive El Niño Mitigation Plan to secure steady water supply across the Clark Freeport Zone amid prolonged dry weather.
