Volkswagen AG, a member of the R&D World Index, announced a significant workforce reduction last week, agreeing with its labor union to cut over 35,000 jobs and billions of dollars in costs, concluding three months of intense negotiations and narrowly avoiding factory closures in Germany. In other news, Merck & Co. invested strategically in Chinese…
R&D Market Pulse: US tax policy could spur R&D investment, more than one-third of manufacturers using AI
As 2024 nears its end, global R&D-driven industries are navigating a mix of policy shifts, strategic realignments, and accelerating innovation. A proposed policy change could transform how U.S. companies expense their R&D investments, while manufacturing floors are seeing surging AI integration with over a third of companies successfully deploying the technology. In automotive, GM is…
This week in battery research: Lithium-ion battery pack prices see the biggest price drop in years
Lithium-ion battery packs experienced the most significant price drop in seven years. A promising new material could help batteries achieve over 20,000 charge and discharge cycles before reaching the 80% capacity threshold, maximizing their value. Two new battery technologies could replace lithium-ion, and the Biden administration significantly boosted battery production and charging infrastructure with a…
Top 15 R&D spenders of 2024
Each year, the top 2,500 or so international R&D spenders collectively invest more than $1 trillion in R&D. The roster of R&D heavyweights is shaping up to look broadly similar to prior years, but NVIDIA is poised to crack into the top 15 given its recent AI-driven growth. If anything, NVIDIA’s ascent into the ranks…
R&D Market Pulse: GM scales down; Amazon to build AI super computer; AI firms partner with Pentagon
While some R&D sectors declined, others expanded. GM sold an EV battery plant and is the second biggest automaker withdrawing from China. At the same time, Nvidia expanded in Vietnam, Amazon built an AI-based supercomputer, and OpenAI joined Anduril to boost the U.S. military’s drone technology. The R&D World Index (RDWI) for the week ending…
Korean researchers report development of magnetic 3D printing process for motor manufacturing
Researchers at the Korea Institute of Machinery & Materials (KIMM) say they have developed a magnetic 3D printing system for motor fabrication that eliminates the need for traditional molds. While the team claims successful performance validation, the results to date are only shared in a press release, which notes the development of an “all-encompassing technological…
R&D Market Pulse: Intel gets $8B chip boost; VW sells plant; SoftBank doubles OpenAI stake
From billion-dollar government boosts for chipmakers to a talent war brewing in the tech sector and a major automaker’s retreat from a controversial region, the R&D world saw a week of strategic shifts and high-stakes investments, pushing the R&D World Index up 2.34% for the week ending November 29, 2024. The index closed at 3,852.16…
Who were 2024’s top patent and R&D leaders in computing, pharma, medtech and beyond?
Industrial and commercial sectors often measure innovation by market capitalization and R&D spending, but these metrics fail to capture the full picture. Tech companies dominate market headlines with AI product launches and chip releases — and our own ranking of most innovative firms of 2024. In addition, tech firms currently hold the top market cap…
24 R&D trends that redefined 2024
In many respects, 2024 was a year of building upon the foundations laid by previous technological and scientific advances. While AI continued to evolve at a rapid clip, progress was in many ways more incremental than last year when GPT-4 redefined expectations for genAI. But AI continues to make definable improvements across a range of…
R&D Market Pulse: Volvo/Daimler embrace digital alliance, VW restructures, Toyota bets on AI
The R&D World Index (RDWI) for the week ending November 1, 2024, closed at 3,855.65 for the 25 companies in the RDWI. The Index was down -2.70% (or -107.16 basis points). Eight RDWI members gained value last week from 0.16% (Alibaba) to 8.36% (AbbVie). Seventeen RDWI members lost value the previous from -0.43% (Cisco) to…
This week in R&D: AI tools continue to dominate with Google constructing nuclear reactors, NYT sending a “cease and desist” order, and Ericsson expanding its R&D base in India
The R&D World Index (RDWI) for the week ending October 18, 2024, closed at 4.022.95 for the 25 companies in the RDWI. The Index was down -0.66% (or -26.77 basis points). Thirteen RDWI members gained value last week from 0.21% (Pfizer) to 4.63% (Cisco). Twelve RDWI members lost value the previous week from -0.05% (Sanofi…
This week in R&D: Samsung lags in AI chip race, OSTP urges R&D overhaul, DOJ set to file antitrust suit against Google
The R&D World Index (RDWI) for the week ending October 11, 2024, closed at 4.049.72 for the 25 companies in the RDWI. The Index was up 1.11% (or 44.32 basis points). Fourteen RDWI members gained value last week from 0.06% (Microsoft) to 5.06% (Eli Lilly & Co.). Eleven RDWI members lost value last week from…
This week in R&D: ULA launches second rocket, Microsoft sets up AI in Italy, and India and U.S. form R&D partnerships
The R&D World Index (RDWI) for the week ending October 4, 2024, closed at 4.005.40 for the 25 companies in the RDWI. The Index was up 0.62% (or 24.71 basis points). Eight RDWI members gained value last week from 1.07% (Eli Lilly & Co.) to 6.71% (Alibaba). Seventeen RDWI members lost value the previous week…
This week in R&D: Microsoft to buy electricity from Three Mile Island reactor, Fed lowers the interest rates, and lithium supply is up but demand is down
The R&D World Index (RDWI) for the week ending September 20, 2024, closed at 4,006.95 for the 25 companies in the RDWI. The Index was up 2.11% (or 82.94 basis points). Twenty-one RDWI members gained value last week from 0.14% (Astra Zeneca PLC) to 11.09% (Intel). Four RDWI members lost value the previous week from…
This week in R&D: GM and Hyundai to partner on vehicle development, Moderna cuts $1.1B in R&D spending, and Fed interest rate decision
The R&D World Index (RDWI) for the week ending September 13, 2024, closed at 3,924.01 for the 25 companies in the RDWI. The Index was up 2.95% (or 112.59 basis points). Seventeen RDWI members gained value last week from 0.30% (Volkswagen AG) to 14.26% (Oracle). Eight RDWI members lost value the previous week from -0.85%…
This week in R&D: BMW & Toyota’s hydrogen EV alliance, Moderna’s R&D spending scrutinized, and Nvidia’s AI data center investment
The R&D World Index (RDWI) for the week ending September 6, 2024, closed at 3,811.42 for the 25 companies in the RDWI. The Index was down -3.99% (or -158.42 basis points). Two RDWI members gained value last week from 0.37% (Oracle) to 2.61% (Sanofi SA). Twenty-three RDWI members lost value the previous week from -0.52%…
Where Harris and Trump stand on the future of American science
[Adobe Stock] Updated on October 20, 2024 with new details The current Biden-Harris administration and potential Republican approaches offer different visions for the future of American science. While the Biden-Harris team emphasizes investments in climate change mitigation and clean energy, conservative approaches have historically focused on deregulation and achieving energy independence through traditional energy sources.…
This week in R&D: AMD puts R&D centers in Taiwan cities, Northvolt relocates battery operations to its Sweden R&D center
The R&D World Index (RDWI) for the week ending August 23, 2024, closed at 3,947.43 for the 25 companies in the RDWI. The Index was up 1.78% (or 68.94 basis points). Twenty-two RDWI members gained value last week from 0.11% (Meta Platforms) to 7.23% (Ford Motor). Three RDWI members lost value the previous week from…
Slip and slide into reinforcement learning with the Frozen Lake challenge
Remember when DeepBlue mastered chess and AlphaGo conquered the game of Go, the board game with more moves than particles in the known universe? Or what about when cars learned to drive themselves? Reinforcement learning (RL) plays an essential role in each of these examples. RL is having a significant impact on R&D across an…
AMD raises earnings forecast to $4.5B, after continuously doubling revenue; NSC to feds: increase AI spending
Advanced Micro Devices (AMD), Santa Clara, California, announced last week that its data-center revenue more than doubled year over year, exceeding Wall Street analyst’s estimates. The company also raised its forecast for this year’s sale of AI chips to more than $4.5 billion, an increase of 13% from its forecast three months ago. While this…
OpenAI unveils SearchGPT test version; Tesla’s humanoid robot to debut in 2025
OpenAI, San Francisco, announced last week that it is launching a test version of their long-awaited search engine. SearchGPT will cite news sources such as News Corp. (publisher of the Wall Street Journal) and the Atlantic magazine (published by the Emerson Collective/publisher is Laurene Jobs — Steve Jobs’s widow). OpenAI has also struck partnerships with…
An interactive 3D map of global innovation hubs
Silicon Valley is still where it’s at in terms of R&D. Yes, the region has cut roughly 45,000 tech jobs since 2022, but its dominance in research and development remains unchallenged, based on data from The 2023 EU Industrial R&D Investment Scoreboard. And despite the layoffs, many tech companies have reported significant revenue growth. NVIDIA…
Shanghai gets $1.4B boost from Huawei for 5G/6G and autonomous vehicle research
Shanghai residents can now hail a ride in a completely driverless robotaxi, part of China’s aggressive push to lead the autonomous vehicle race. The development is a milestone for China’s autonomous vehicle industry, as Shanghai joins other major cities like Beijing, Shenzhen, and Guangzhou in allowing robotaxis to operate without safety operators physically present in the…
Flying cars could take off in China, subsea power project aims to link Morocco to UK in this week’s R&D World roundup
While a massive underwater power cable promises to bring renewable energy from Morocco to the UK, high above the streets of Guangzhou, China, another futuristic vision is taking flight: flying cars. These ambitious projects underscore a global surge in research and development, as evidenced by the latest R&D World Index (RDWI). The R&D World Index…
Infineon Technologies to build an R&D center in Taiwan; Car makers are halting EV targets as sales wane in this week’s R&D Power Index
The R&D World Index (RDWI) for the week ending June 28, 2024, closed at 3,821.08 for the 25 companies in the RDWI. The Index was up 0.94% (or 35.45 basis points). Thirteen RDWI members gained value last week from 0.28% (IBM) to 5.91% (Ford Motor Co.). Twelve RDWI members lost value the previous week from…