Ford Motor Company's Electric Vehicle and Software Business Performance

Ford Motor Company reported a $5.1 billion loss in its electric vehicle and software business for 2024, with expectations of more losses in 2025. Despite setbacks in the EV business, Ford's traditional gas-powered vehicles continue to perform well. CEO Jim Farley addressed concerns about potential tariffs on imports from Mexico and Canada by President Donald Trump. Ford plans to introduce new powertrain options to address challenges and compete in the market.

Volkswagen and Rivian Partnership

Volkswagen and Rivian have partnered to bring Rivian's EV software expertise to VW's product lineup. The $5 billion deal provides financial stability to Rivian, aiding its development of the R2 vehicle. VW benefits from Rivian's software prowess and aims to enhance its competitiveness in the EV market.

Advancements in AI and Robotics

Physical Intelligence, a startup founded by a team of robotics and AI experts, aims to bring AI to the physical world by creating software that can add high-level intelligence to a wide variety of robots and machines.

Navy's Efforts to Protect International Shipping in the Middle East

The Navy is using advanced software and weapons to protect international shipping in the Middle East from Houthi rebels, with a focus on real-time adaptation and future technology like high-energy lasers and microwaves.