BERLIN, Oct 2 (Reuters) - Chinese EV maker Xpeng's ( XPEV ) board vice-chairman and co-president Brian Gu said that the carmaker was not planning to sell its cars in Europe in order to provide a cheap alternative but to bring its technology. We are providing products based on what we think is a value proposition of quality, design, and...

WASHINGTON (Reuters) - The U.S. Commerce Department said Wednesday it plans to award $100 million to boost the use of artificial intelligence in developing new sustainable semiconductor materials. The department, which is overseeing $52.7 billion in U.S. chips manufacturing and research grants, plans to award $100 million to help universities, national laboratories and the private sector develop AI-powered autonomous experimentation...

09:03 AM EDT, 10/02/2024 (MT Newswires) -- CME Group ( CME ) said Wednesday that its average daily volume last month stood at 28.4 million contracts, up 25% from a year earlier. For Q3, the derivatives marketplace said its average daily volume increased 27% year-over-year to 28.3 million contracts. CME said its US Treasury complex hit an all-time quarterly average...

Oct 2 (Reuters) - Tesla on Wednesday reported third-quarter vehicle deliveries below estimates as incentives and low-cost financing failed to lift demand for its aging models in a highly competitive market. The EV maker handed over 462,890 vehicles in the three months to Sept. 30, up 6.4% from the preceding quarter. Wall Street on average had expected the Elon Musk-led...