LIVE WED MAY 3 - Coinbase Goes International, AI Arms Race, and SpaceX Starship Explodes

Plus 7 other mobility tech & connectivity headlines and developments

It is no secret that artificial intelligence (AI) is one of the biggest trends in tech right now. But how did this show up during earnings calls from some of the world’s largest tech companies? And what are we getting right and wrong about the future of AI?

We may not have all the answers for you, but we have some and we plan to make this a main theme coming into this week’s episode of the Mobility Tech & Connectivity Show, our live bi-weekly webcast that serves as a recording session for the AutoConverse Podcast.  

Tune in live to hear about how AI played out on recent earnings calls and what it could mean for your investments. 

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The MTC Show

Airs Live Wednesday May 3 at Noon Central (US & Canada)

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Coinbase, the biggest crypto exchange in the U.S., is expanding internationally amid growing friction with regulators at home. Institutional investors from jurisdictions outside the country can trade in “perpetual futures” — or derivatives contracts without an expiration date — on Coinbase International Exchange. The expansion follows CEO Brian Armstrong’s statement last month that unless more clarity emerged around rules related to crypto investing in the U.S., the exchange would consider relocating outside of it altogether. Another U.S. crypto exchange, Gemini, also launched a derivatives platform for trading outside the U.S. Tuesday.

Plus, is there a tax loophole big enough to drive an EV through? According to one industry veteran, the new Treasury Department rules exclude most EVs and PHEVs from the full $7,500 new-vehicle tax credit, but the department has ruled that all commercially leased EVs and PHEVs qualify for the $7,500 tax credit for the lessor. 

And why does SpaceX CEO Elon Musk say that the launch of the new Starship was a success despite the vessel exploding in mid air minutes after rocket launch? 

> SpaceX Starship Test Flight Timeline

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In the News…

1. Hyundai Motor to exit Russia, selling its plants, media reports say

2. How the AI arms race played out in tech giant earnings calls

3. SpaceX, Rogers to connect mobiles phones to satellites in remote Canadian areas

4. Starship Rocket Launch: Despite the failure to complete the full flight test, SpaceX declares it a success

5. SpaceX Wins Approval to Add Fifth U.S. Rocket Launch Site

6. Improving Recycling of End-Of-Life Vehicles, BMW Group Leads Car2Car Project

7. RECALL: 'Park Outside': GM Recalls 40,000 Pickups to Fix Fire Risk