Electric is the new pink! Cadillac’s new and sustainable muscle car

Published

4 years ago

August 30, 2021

Cadillac will soon make its debut into the electric vehicle (EV) market as the car company works to support a more sustainable future.

Its 2023 Lyriq SUV is a sign of things to come, signalling a crossover from their traditional internal combustion engines (ICE).

The electric vehicle is the first of a new lineup, exclusively featuring eclectic-powered SUVs.

The new fleet comes after Cadillac’s pledge to make all of the brand’s vehicles electric by 2030, according to Rory Harvey, the Global Vice-President of Cadillac.

“We will be leaving this decade as an EV brand as things stand today,” Harvey says.

“We will not be selling ICE vehicles by 2030.”

Cadillac’s Lyriq features a 340 horsepower engine, 33-inch LED display screen spanning across the dash and comes with super cruise driver-assistance technology.

And for those hesitant about relying on electricity as a “fuel-source” per se, the Lyriq can travel more than 300 miles each charge.

“The 2023 Cadillac LYRIQ will deliver a high-performance luxury experience setting a new standard for Cadillac,” Rory Harvey says.

A step into the future but with the same loved design

As for the Lyriq’s exterior design, it’s centrepiece is its full-glass roof and vented roof spoiler.

While it may feel like something out of the future, the tastes of traditional Cadillac fans will continue to be met.

In recognition of classic Cadillac styling, vertical tail lamps make an appearance with an etched pattern inspired by the illuminated Cadillac Crest on the Lyriq’s grille.

If you’re still not convinced, the SUV is bound to have all the bells and whistles that any car enthusiast could wish for.

It’s time to start saving big!

But the rear-wheel drive doesn’t come cheap, with a hefty price tag attached.

You’re looking at a starting price of US$58,795 – quite achievable compared to other car brands.

Pre-orders commence September 18 this year, with the rollout scheduled to commence in the first half of 2022.

Written by Rebecca Borg

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AI stocks surge amid market shifts and spending warnings

AI sector drives economic growth; Meta adjusts strategy, Palantir’s valuation sparks questions, and Nvidia leads amid rising competition.

Published

4 days ago

December 19, 2025

Harvey Vargas

AI sector drives economic growth; Meta adjusts strategy, Palantir’s valuation sparks questions, and Nvidia leads amid rising competition.

The artificial intelligence sector continues to be a major driver of growth for both the U.S. and global economies. Companies at the forefront of AI innovation are influencing market trends and reshaping industries worldwide.

Meta’s stock has rebounded slightly following reports of potential cost-cutting measures and job reductions in its Reality Labs division. Investors are watching closely as the company adjusts its strategy to manage rising expenses and optimize innovation.

Palantir is trading at over 120 times forward sales and 180 times forward earnings, signaling investor confidence but also raising questions about valuation risks. Meanwhile, Nvidia maintains a market cap of $4.2 trillion as a leading AI chip supplier, yet competition is ramping up.

These moves highlight the growing tension between tech giants’ AI ambitions and the practical need to balance profits with heavy R&D spending.

Some analysts, however, warn that rapid growth may not be sustainable, with current levels of AI-related spending potentially overshooting realistic returns.

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#AIStocks #TechInvesting #Nvidia #Meta #Palantir #ArtificialIntelligence #StockMarket #TickerNews

Tech

AI investments set to surge in 2026 as companies target productivity gains

Analysts forecast $500 billion AI investment by 2026, transforming corporate spending priorities and enhancing economic productivity.

Published

4 days ago

December 19, 2025

Harvey Vargas

Analysts forecast $500 billion AI investment by 2026, transforming corporate spending priorities and enhancing economic productivity.

Analysts predict that artificial intelligence companies could invest over $500 billion in 2026, signaling a major shift in corporate spending priorities. This surge in capital allocation comes as businesses look to harness AI to drive growth and efficiency across multiple sectors.

Following strong third-quarter earnings, overall capital spending estimates for 2026 have been revised upward. However, investors are becoming more selective, focusing on companies that can clearly demonstrate revenue benefits from their AI investments, separating hype from tangible results.

AI adoption is expected to boost economic productivity, with significant investment already flowing into AI infrastructure such as semiconductors and data centres. The coming year could redefine how companies leverage technology to gain a competitive edge.

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#AIInvestment #TechGrowth #FutureEconomy #DataCenters #Semiconductors #ArtificialIntelligence #ProductivityBoost #CapitalSpending

Tech

Airbus A320 fleet faces software upgrade due to risk

Airbus alerts A320 operators to urgent software fix after JetBlue incident raises safety concerns

Published

3 weeks ago

November 29, 2025

Ahron Young

Airbus alerts A320 operators to urgent software fix after JetBlue incident raises safety concerns

In Short:
– Airbus warns over half of A320 fleet needs software fixes due to potential data corruption risks.
– Affected airlines must complete upgrades before next flights, with operational disruptions anticipated during a busy travel season.

Airbus has issued a warning regarding its A320 fleet, indicating that over half of the active jets will require a software fix.

It follows a recent incident involving a JetBlue Airways aircraft, where “intense solar radiation” was found to potentially corrupt data crucial for flight control system operation.

The European plane manufacturer stated that around 6,500 jets may be affected. A regulation mandates that the software upgrade must occur before the next scheduled flight.

Operational disruptions for both passengers and airlines are anticipated. The issue arose from an incident on October 30, where a JetBlue flight experienced a computer malfunction that resulted in an uncommanded descent. Fortunately, no injuries occurred, but the malfunction of an automated computer system was identified as a contributing factor.

Airlines, including American Airlines Group, have begun to implement the required upgrades.

The majority of affected jets can receive an uncomplicated software update, although around 1,000 older models will necessitate an actual hardware upgrade, requiring grounding during maintenance.

Hungarian airline Wizz Air has also initiated necessary maintenance for compliance, potentially affecting flights. This announcement has surfaced during a busy travel season in the US, with many facing delays due to other factors as well.

Regulatory Response

The European Union Aviation Safety Agency has mandated that A320 operators replace or modify specific elevator-aileron computers. The directive follows the JetBlue incident, where a malfunction led to a temporary loss of altitude.

Airbus’s fix applies to both the A320 and A320neo models, representing a vital response in ensuring aircraft safety.