Stellantis shares plunged 23% after the automaker disclosed approximately €24 billion in charges tied to a sweeping business reset, encompassing brand writedowns, EV strategy recalibration, plant closures, and workforce reductions across its global operations.
Technology leaders are pushing back against predictions that software companies will vanish into AI models. Instead, industry veterans argue that AI-enabled software is moving up the product stack, solving higher-value problems while creating more opportunities for specialized applications rather than replacing them entirely.
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