Ford has rehired approximately 350 veteran engineers, drawn both from former employees and supplier staff, after concluding that its growing reliance on automated AI-driven quality systems had failed to meet the company’s standards. Chief Operating Officer Kumar Galhotra said Ford had increasingly leaned on automated quality systems in recent years, but that the results fell […]
The US motor company found that the hundreds of AI cameras being used for design and manufacturing checks were prone to pitfalls
Name: “Greybeards.”
Age: There’s a clue in the name.
Continue reading...
Ford has rehired approximately 350 experienced engineers after the company’s investment in AI and automated quality control systems failed to meet expectations, according to Bloomberg. In short, the technology did not detect enough problems.
“We mistakenly believed that we could create a high-quality product simply by introducing artificial intelligence and inputting our design requirements,” Charles Poon, head of Ford’s hardware development, told Bloomberg.
The rehired quality inspectors — known internally as “gray beard” engineers for their experience and years with the company — are now working to identify defects before components reach the factories.
Still, Ford is not abandoning AI completely; the experienced engineers will be asked to help train younger employees and improve the company’s AI tools.
To celebrate its new status as No. 1 in JD Power's initial quality ranking among mainstream automakers, Ford is opening up about the challenges it has faced in recent years, especially around its reliance on automated systems in production and design. It turns out that those automated systems were not as robust as previously assumed, requiring Ford to hire experienced technicians - sometimes bringing back former employees - to correct errors made by the company's robots.
In Ford's view, AI is both powerful and prone to pitfalls. Its effectiveness depends entirely on the quality of the data used to train the AI models. In addition, the auto …
Read the full story at The Verge.
The shift to missile production highlights a strategic pivot in US industrial priorities, impacting defense supply chains and market dynamics.
The post Trump says General Motors and Ford will shift factories to missile production appeared first on Crypto Briefing.
The post Ford (F) Stock Surges 9% to New 52-Week Peak on Battery Storage Partnership appeared on BitcoinEthereumNews.com.
Key Takeaways Ford shares surged more than 9% on May 22, reaching a 52-week peak of $14.94 Ford Energy secured a five-year agreement with EDF Power Solutions for up to 20 GWh of battery storage capacity The agreement leverages underutilized EV manufacturing capacity to meet surging AI data center energy storage demands in a market valued near $10 billion Ford recorded a $1.3 billion noncash benefit from tariffs following a Supreme Court decision Morgan Stanley maintained its Equalweight rating with a $14.00 price target on Ford Ford Motor (F) shares rallied more than 9% during Thursday’s trading session on May 22, reaching a 52-week peak of $14.94 before closing near $14.93. The dramatic surge followed the automaker’s announcement of a significant battery storage partnership that captured investor attention. Ford Motor Company, F The driving force: Ford Energy enter
The post Old economy cash flows vs future mobility bets: Why TSLA vs FORD is becoming a different trade appeared on BitcoinEthereumNews.com.
For a while, the EV trade felt almost too easy. You had carmakers rolling out announcements about new battery plants, dropping hints about software revenue and self-driving, bumping up production targets — and investors just kept rewarding them for it. The whole sector ran on one simple assumption: electric vehicle demand would climb fast enough to make all that spending look smart eventually. That assumption has started to crack. Nobody’s saying the automotive industry transformation stopped — it didn’t. But whatever energy surrounded it during the post-pandemic years has mostly dissipated. Rates went up. Chinese rivals got serious in ways the industry wasn’t prepared for. Discounts started showing up in markets that had never really needed them before. The squeeze on the auto industry’s margins stopped being something companies could explain awa
Ford's strategic pivot into energy storage could redefine its profitability landscape, leveraging AI-driven demand for sustainable growth.
The post Ford capitalizes on AI boom with new energy storage division appeared first on Crypto Briefing.