Despite a slow start, Lucid's ambitious plans call for not 1 but 3 more affordable midsize models starting next year, CEO reveals. But it needs more cash.

Blackstone Group , the world's largest hedge fund investor, is committing $250 million in start-up capital to a hedge fund ...

While the project is said to remain in the works, new CEO Mike Steele said Activation Capital is considering its options for ...

Evolution of its innovative and disruptive Air Suspension Wheel technology drives Phoenix-based company's recent growth and long-term vision as it builds on $6 million in anticipated industry purchase ...

Despite venture capital investing heavily in generative AI during the first half of the year, Irish AI start-ups are finding the funding environment “challenging”, a new report from consultancy ...

The $20 bln Danish wind group’s shares sank amid a $9 bln rights issue linked to an ailing US project. Political turmoil is to blame, but so is Orsted’s flaky funding model. It suggests new CEO Rasmus ...