KKR, a private equity firm, is investing about $55 million in Arago AG, a company which develops artificial-intelligence software that companies can use to cut costs. The Germany based company is headed up by tech-legend Chris Boos and Dr. Bernhard Walther. The main competitor to Arago is IPSoft. Boos says the market opportunity is of $1.2 trillion. Arago main product is… Read More
Tesla could have avoided that $242.5M Autopilot verdict, filings show
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Instead, a jury awarded plaintiffs $242.5 million in compensatory and
punitive damages.
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