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Industry

U.S. automakers fall silent on EVs as China rolls out new models

U.S. legacy automakers have sharply reduced announcements and public references related to electric vehicles, prompting criticism that their EV strategies are effectively retreating. CleanTechnica reported that companies once issued far more EV press releases than their actual sales share. The shift is linked to Tesla’s rise, then weaker-than-expected market response and sales. The re-election of President Donald Trump has also increased policy pressure, encouraging firms to scale back programs or avoid comments.

AI & Enterprise

KAIST develops AI that reads intentions from brainwaves without words

Researchers have developed AI technology that identifies a person’s intentions through brainwaves and adjusts its own behaviour without spoken or physical cues. KAIST said the team led by Sang Wan Lee developed a brain-computer interface technique called Neural Value Alignment with Microsoft Research Asia. The system distinguishes different brainwave signals linked to goal errors and action-method errors, then uses deep learning to interpret EEG in real time and revise AI behaviour accordingly.

Crypto

U.S. Treasury debt buyback nears $14.5 billion, raising hopes of second rally in bitcoin and XRP

The U.S. Treasury began full execution of a government debt buyback program on Sept. 7, lifting expectations for near-term liquidity tied to bitcoin and XRP. The weekly cap is $14.5 billion, and the maximum per Treasury session could reach $16.5 billion. Attention is on Sept. 9, when long-dated buyback limits are set to double. Traders are watching whether the cash supplied through buybacks fuels risk appetite and lifts crypto prices.