betting

Automakers are betting on a different kind of electric car. Meet the EREV.

The next popular EV might come with a gas engine.Several car brands, including Hyundai, Genesis, Ram, Jeep, Ford, and Volkswagen-backed Scout Motors, have announced plans to build extended-range electric vehicles, or EREVs, by the end of 2028.It’s a growing industry bet. After years of lower-than-expected EV adoption, and as gas…

Axe is betting Gen Z is ready for a whiff of Y2K

Unilever’s deodorant brand Axe has spent the past decade evolving from the bro-y, hypersexualized ads that made it famous in the 2000s. Now, with Gen Z obsessing over Y2K nostalgia, the brand is nodding to its heritage — with a wink.Axe on Monday said it is bringing back three of…

AMD takes a shot at Nvidia by betting on AI’s next big shift

AMD is making a bet about the future of AI: one chip shouldn’t rule them all.CEO Lisa Su announced Thursday that AMD is teaming up with chip startup Cerebras on a new approach to AI inference, which is the process of generating responses from AI models.Increasingly, chipmakers are pursuing “disaggregated…