Forex Markets Hold Steady as Traders Await Fed Minutes Amid Thin Year-End Volumes 
U.S. Lawmakers Raise Alarm Over Trump Approval of Nvidia AI Chip Sales to China 
Asian Markets Slip as Precious Metals Cool, Geopolitical Tensions Weigh on Sentiment 
U.S. Transportation Board Sends Union Pacific–Norfolk Southern Merger Back for Revision 
South Korea Factory Output Misses Forecasts in November Amid Ongoing Economic Uncertainty 
Rio Tinto and BHP Agree to Explore Major Iron Ore Collaboration in Pilbara 
Singapore GDP Growth Surges in 2025 but Outlook Remains Cautious Amid Global Trade Risks 
Asian Markets End Year on AI Optimism as Precious Metals and Currencies Shine 
Boeing Reaches Tentative Settlement With Canadian Victim’s Family in 737 MAX Crash Lawsuits 
Sanofi Gains China Approval for Myqorzo and Redemplo, Strengthening Rare Disease Portfolio 
Boeing Reaches Tentative Labor Deal With SPEEA Workers After Spirit AeroSystems Acquisition 
China Manufacturing PMI Rebounds in December, Offering Boost to Economic Growth Outlook 
Zhipu AI Launches GLM-Image Model Trained on Huawei Chips, Boosting China’s AI Self-Reliance Drive 
China Imposes 55% Tariff on Beef Imports Above Quota to Protect Domestic Industry 
TSMC Set to Post Record Q4 Profit as AI Chip Demand Accelerates 
Federal Judge Clears Way for Jury Trial in Elon Musk’s Fraud Lawsuit Against OpenAI and Microsoft 
South Korea Factory Activity Returns to Growth in December on Export Rebound 
General Motors revealed on Wednesday, Jan. 26, that it has plans of hiring more than 8,000 tech workers this year. The move is part of the company's efforts to fulfill its electric vehicle development and production goals.
General Motors need the new tech staff as it steps up the development of software, services, and other things related to EVs. As per Reuters, the automaker will be expanding its EV teams and dividing them into units for the vehicle software, engineer fuel cells, and autonomous technology.
The Detroit, Michigan-headquartered automotive manufacturer made the announcement for new job hirings just a day after it unveiled its $7 billion investment plan to build battery cell and assembly plants in Michigan. GM said that the new investments are the latest step it is taking to accelerate the firm's drive to become the EV market leader in North America by 2025, and this is expected to intensify its competition with rival Ford Motor Co.
General Motors is also set to compete with Tesla, which is currently the leader in the production of electric vehicles. Elon Musk's company will be opening its second factory in Austin, Texas, soon, and it is aiming to sell over one million EVs around the world this year.
At any rate, Detroit Free Press reported that General Motors is also aiming to hire top software developers worldwide. For this year, it is hoping to have already recruited 300 to 400 software specialists for its in-house Ultifi platform that will support apps and services to provide customers with assistance related to their EVs and gas-powered vehicles.
"We are building up the team to create the Ultifi platform and all the services, pieces and parts that need to be in place for that, which is about 100 people," the publication quoted GM director of software program and solution management, Gary Cygan, as saying in a statement. "We are staffing out the other areas that are building what sits on top of the platform: The apps, the features, the customization, things that we want to deliver to the customer."
