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VinFast teams up with Autobrains to develop low-cost self-driving tech

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Vietnamese electric vehicle maker VinFast has partnered with artificial intelligence company Autobrains to develop advanced autonomous driving technology, including a low-cost “Robo-Car” system. The collaboration is aimed at accelerating VinFast’s self-driving ambitions while reducing costs by moving away from expensive sensor-heavy approaches.

The partnership will focus on improving driver assistance systems for upcoming VinFast electric vehicles, building on the company’s existing Level 2 autonomy capabilities. Pilot testing of the enhanced technology is already underway on the VF 8 and VF 9 models, with plans to gradually roll out more advanced features across VinFast’s vehicle lineup.

In addition, the companies are exploring a new Robo-Car architecture designed to enable higher levels of autonomy without relying on costly LiDAR sensors, radar systems or high-definition maps. Similar to Tesla’s strategy, the system uses seven standard cameras combined with a compact, high-performance computing chip. Testing is currently taking place in controlled zones in Hanoi, with expansion planned to larger cities and international markets.

Nvidia invests $2 billion in CoreWeave to boost data center build-out

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Nvidia has invested $2 billion in CoreWeave, becoming the AI infrastructure provider’s second-largest shareholder as the two companies deepen their partnership to expand data center capacity across the United States. The announcement pushed CoreWeave’s shares up 9% in premarket trading, highlighting investor confidence in the growing demand for AI-focused cloud infrastructure.

CoreWeave is part of a group of so-called neocloud companies that supply specialized hardware and computing capacity for artificial intelligence workloads. Demand for these services has surged as enterprises accelerate AI adoption. Nvidia’s new investment is expected to help CoreWeave speed up the acquisition of land and power needed to construct large-scale data centers, with the company targeting more than 5 gigawatts of AI data center capacity by 2030.

The investment was made at a purchase price of $87.20 per share, adding roughly 23 million shares and nearly doubling Nvidia’s stake in CoreWeave. Nvidia had previously held a 6.3% stake, making it the company’s third-largest shareholder. Despite scrutiny over Nvidia’s investments in AI firms, CoreWeave said the funds would be used for data center expansion, research and development, and workforce growth, rather than for purchasing Nvidia processors.

Once a cryptocurrency miner, CoreWeave has transformed its business to focus on leasing Nvidia GPUs to technology and AI companies. CoreWeave’s chief executive said the expanded collaboration reflects strong and growing demand for Nvidia’s computing platforms across the AI ecosystem.

L’Oréal to Invest $383 Million in Indian Beauty Tech Hub

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French cosmetics group L’Oréal said it will invest more than $383 million to establish a beauty technology hub in the southern Indian city of Hyderabad, strengthening its push into AI-driven innovation.

The company said the hub will serve as a global base for developing artificial intelligence-powered beauty solutions and is expected to create around 2,000 technology jobs by 2030. The investment, amounting to over 35 billion rupees, aims to accelerate the rollout of advanced digital tools across L’Oréal’s global portfolio.

The partnership was formalized at the World Economic Forum in Davos by L’Oréal CEO Nicolas Hieronimus and the government of Telangana, a state that has rapidly positioned itself as a major technology and investment hub in southern India.

The move reflects growing economic ties between India and France, whose bilateral trade reached $15 billion in 2024. Leaders including Indian Prime Minister Narendra Modi and French President Emmanuel Macron have been working to deepen cooperation, including efforts to modernize tax agreements in line with global transparency standards.