The company announced a new slate of executive hires meant to help turn things around, as Gravity SUV sales are not taking ...

The US AI research company Anthropic has become known for building powerful AI models while simultaneously warning about ...

Lucid is replacing its CFO, CTO, and most of its C-suite under new CEO Silvio Napoli, days after cutting 18% of staff and ...

That admission is what some in the field call recursive self-improvement (RSI), the point at which large language models ...

EV maker Lucid is reducing its U.S. workforce by 18%. The company also said Chief Operating Officer Marc Winterhoff is leaving the company and the COO role has been eliminated. Lucid said last month ...

Lucid Motors said it is laying off about 18% of its U.S. workforce, or around 1,500 workers, in a filing with the Securities and Exchange Commission (SEC) on Monday. The layoffs are part of a broader ...

I drove the Lucid Gravity GT for more than 547 miles (881 km) across a mix of highway, backroads, and city driving, and I enjoyed nearly everything this vehicle has to offer. For anyone shopping for a ...

You're currently following this author! Want to unfollow? Unsubscribe via the link in your email. In the era of leaner companies, even the C-suite isn't insulated from downsizing. Just look at Lucid.

Just three months ago, Lucid Motors showed off a new midsize electric vehicle platform that it said would give rise to a number of new vehicles in the coming years. The Saudi-backed startup is now ...

Lucid Motors is laying off 18% of its workforce, or around 1,500 employees, just four months after the EV maker cut 12% of its staff. The company said on Monday that it has also “eliminated the second ...

Recursion and Exscientia, two pioneers in artificial intelligence (AI)-based drug development, have completed a business combination that they vowed will enhance their ability to carry out drug ...