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Mobility

Gazelle unveils two Class 3 e-bikes supporting up to 45 kph with new Bosch motor

Dutch electric bicycle brand Gazelle has launched two new Class 3 e-bikes that support pedal assistance up to 28 mph, or about 45 kph. Targeting North America, it revamped its Ultimate platform and introduced the Ultimate C380+ 2.0 and Ultimate T11+. The bikes use Bosch’s latest Performance Line Sport motor and are designed to improve comfort, control and stability at higher speeds, with updated suspension, wider tires and a modernised cockpit.

AI & Enterprise

Qualcomm shares up 75 percent in a month, emerges as a leader in physical AI

Qualcomm shares jumped 12 percent on May 22 to a record high and are up 75 percent over the past month, CNBC reported. The move reflects Wall Street’s recognition of Qualcomm’s position in the physical AI boom, it said. CNBC said Qualcomm is cementing its role as a key chip supplier for connected devices such as smart glasses, cars and robots. It also cited partnerships and contracts spanning automakers, and plans for data-centre chips.

AI & Enterprise

AI code translation startup Code Metal raises $125 million

Code Metal, which develops an AI-based code translation platform, has raised $125 million, SiliconANGLE reported on Feb. 20 local time. The round was led by Salesforce Ventures and included Accel, B Capital, Smithpoint Capital, J2 Ventures, Shield Capital and RTX. Code Metal’s valuation increased to $1.25 billion. The platform translates between programming languages and uses mathematical verification techniques to reduce errors.