Anthropic Appoints Former Microsoft Executive Irina Ghose to Lead India Expansion 
Boeing Reaches Tentative Labor Deal With SPEEA Workers After Spirit AeroSystems Acquisition 
Federal Judge Clears Way for Jury Trial in Elon Musk’s Fraud Lawsuit Against OpenAI and Microsoft 
xAI Restricts Grok Image Editing After Sexualized AI Images Trigger Global Scrutiny 
China Considers New Rules to Limit Purchases of Foreign AI Chips Amid Growing Demand 
Toyota Industries Buyout Faces Resistance as Elliott Rejects Higher Offer 
U.S. Lawmakers Raise Alarm Over Trump Approval of Nvidia AI Chip Sales to China 
Elon Musk Seeks $134 Billion in Lawsuit Against OpenAI and Microsoft Over Alleged Wrongful Gains 
Chevron Set to Expand Venezuela Operations as U.S. Signals Shift on Oil Sanctions 
Boeing Reaches Tentative Settlement With Canadian Victim’s Family in 737 MAX Crash Lawsuits 
One Percent Rule Checklist For Safer Forex Trading Risk 
Zhipu AI Launches GLM-Image Model Trained on Huawei Chips, Boosting China’s AI Self-Reliance Drive 
U.S. Transportation Board Sends Union Pacific–Norfolk Southern Merger Back for Revision 
China Halts Shipments of Nvidia H200 AI Chips, Forcing Suppliers to Pause Production 
TikTok Expands AI Age-Detection Technology Across Europe Amid Rising Regulatory Pressure 
White House Pressures PJM to Act as Data Center Energy Demand Threatens Grid Reliability 
Taiwan Issues Arrest Warrant for OnePlus CEO Over Alleged Illegal Recruitment Activities 
Shares in Hyundai Motor soared 19.4 percent in Seoul on reports by cable broadcaster Korea Economic TV that it was at an initial stage of talks with Apple to manufacture self-driving electric vehicles (EVs) by 2027 and develop EV batteries.
Kia, Hyundai Motor's affiliate, also jumped 8.4 percent at the close.
Apple plans to produce a passenger vehicle that could include its breakthrough battery technology as early as 2024.
Hyundai, South Korea's biggest automaker, confirmed that it was discussing with Apple but noted that talks are in an early stage and there were no decisions yet.
It is unknown whether Apple is in talks with other carmakers.
Cable broadcaster Korea Economic TV said it was Apple who approached Hyundai to discuss a potential partnership.
The two firms have already collaborated on CarPlay, Apple’s software that connects to vehicles.
According to analysts, Apple may be interested in utilizing Hyundai’s electric car platform and facilities to cut costs. Moreover, labor cost with Hyundai is much lower than with US automakers.
Jeong Yun-woo, a professor at UNIST in South Korea and a former Hyundai designer, said it makes sense for Apple to outsource car production to Hyundai as the South Korean firm is known for quality.
Kevin Yoo, an analyst at eBEST Investment & Securities, added that Apple could see Hyundai as an ideal partner since US automakers have strong unions, which Apple would like to avoid.
